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516 1st St; Albuquerque, NM Property Details

516 1st St, Albuquerque, NM is a Restaurant that was built in 1936. This property is currently Financed and is not for sale. Our records show that 516 1st St has a total of 20,000 square feet. The lot size of 516 1st St is 26,136 square feet.

Off market
513 1st St NW Albuquerque, NM 87102
$425,045 Estimated Value
20,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1936
  • Purchase Price: $3,125,000
  • Open Loans / Balance: 1 / $589,733
  • APN: 1-014-058-314-036-4-03-03
  • Situs County: Bernalillo
  • Length Of Ownership: 8 years, 3 months

Structure

  • Building Quality: C

Measurements

  • Total: 20,000/SqFt
  • Lot: 26,136/SqFt
  • Gross: 20,000/SqFt
  • Living: 20,000/SqFt
  • Building: 20,000/SqFt
  • Price Per Square Foot: $156.25

Legal Description

  • Description: LT 4-A BLK 15 PLAT OF LOT 4-A BLOCK 15 FRANCISCO ARMIJO Y OTERO ADDITION CONT .5998 AC
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.088474 / -106.646774
  • Subdivision: Francisco Armijo Y Otero Add
  • Property Class: Commercial
  • County Use Code: COMM

Ownership Info

513 1st St NW has no associated ownership info
513 1st St NW has no associated ownership info.

Taxes

513 1st St NW has 10 associated Taxes items

516 1st St, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $425,045. The APN we've located for 516 1st St is 1-014-058-314-036-4-03-03.

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Taxes
  • Assessed Value:  $425,045
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-014-058-314-036-4-03-03
  • Assessed Land Value:  78040
  • Market Land Value:  234144
  • Tax Amount:  22723.76
  • Tax Year:  2025
  • Market Value:  1530317
  • Market Year:  2026

Tax History

513 1st St NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $510,054 Land Value $78,040 Improvement Value $432,014 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $22,723.76 Change Rate -0.03045% Assessed CR Tax Rate
Year 2024 Assessed Value $425,045 Land Value $78,040 Improvement Value $347,005 Tax Amount $23,437.42 Change Rate -0.003037% Assessed CR Tax Rate +0.055141%
Year 2023 Assessed Value $425,045 Land Value $78,040 Improvement Value $347,005 Tax Amount $23,508.82 Change Rate +0.099888% Assessed CR Tax Rate +0.055309%
Year 2022 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount $21,373.84 Change Rate -0.000055% Assessed CR Tax Rate +0.054309%
Year 2021 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount $21,375.02 Change Rate Assessed CR Tax Rate +0.054312%
Year 2020 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount $21,375.02 Change Rate -0.000092% Assessed CR Tax Rate +0.054312%
Year 2019 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount $21,376.98 Change Rate Assessed CR Tax Rate +0.054317%
Year 2018 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $393,560 Land Value $72,259 Improvement Value $321,301 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $438,689 Land Value $117,388 Improvement Value $321,301 Tax Amount $438,689 Change Rate Assessed CR Tax Rate +1%
Year 2014 Assessed Value $438,689 Land Value $117,388 Improvement Value $321,301 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $438,689 Land Value $117,388 Improvement Value $321,301 Tax Amount Change Rate Assessed CR Tax Rate