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703 Prospect Ave; Albuquerque, NM Property Details

703 Prospect Ave, Albuquerque, NM is a Single Family that was built in 1959. This property is currently a cash purchase and is not for sale. Our records show that 703 Prospect Ave has 2 bedrooms, and 1 bathroom, and a total of 1,201 square feet. The lot size of 703 Prospect Ave is 3,920 square feet.

Off market
703 Prospect Ave NW Albuquerque, NM 87102
$40,000 Listing Price
2 Beds
1 Baths
1,201 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Open Loans / Balance: 2 / $154,340
  • Est. Equity / %: $97,660 / 38.75%
  • Gross Yield: 7.843%
  • APN: 1-014-059-191-289-2-03-12
  • Situs County: Bernalillo
  • Length Of Ownership: 13 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Interior Wall Type: Plaster
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 1,201/SqFt
  • Lot: 3,920/SqFt
  • Gross: 1,201/SqFt
  • Living: 1,201/SqFt
  • Building: 1,201/SqFt
  • Ground: 2,170/SqFt

Legal Description

  • Description: LT 23 ROSEDALE ADDN
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.10984 / -106.650665
  • Subdivision: Rosedale Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1026
  • Bathroom Fixtures: 3
  • Heating: Yes

HOA

  • H O A One: $37
  • H O A Amount: $71
  • H O A One Frequency: Monthly
  • H O A One Name: Pnc Bank National Association
  • H O A One Type: Home Owner Association

Ownership Info

703 Prospect Ave NW has no associated ownership info
703 Prospect Ave NW has no associated ownership info.

Taxes

703 Prospect Ave NW has 10 associated Taxes items

703 Prospect Ave, 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 $42,385. The APN we've located for 703 Prospect Ave is 1-014-059-191-289-2-03-12.

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Taxes
  • Assessed Value:  $42,385
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-014-059-191-289-2-03-12
  • Assessed Land Value:  5988
  • Market Land Value:  18506
  • Tax Amount:  1951.54
  • Tax Year:  2025
  • Market Value:  130984
  • Market Year:  2026

Tax History

703 Prospect Ave NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $43,657 Land Value $6,168 Improvement Value $37,489 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,951.54 Change Rate +0.032867% Assessed CR Tax Rate
Year 2024 Assessed Value $41,151 Land Value $5,814 Improvement Value $35,337 Tax Amount $1,889.44 Change Rate -0.008397% Assessed CR Tax Rate +0.045915%
Year 2023 Assessed Value $39,953 Land Value $5,645 Improvement Value $34,308 Tax Amount $1,905.44 Change Rate +0.088064% Assessed CR Tax Rate +0.047692%
Year 2022 Assessed Value $38,789 Land Value $5,480 Improvement Value $33,309 Tax Amount $1,751.22 Change Rate +0.035894% Assessed CR Tax Rate +0.045147%
Year 2021 Assessed Value $37,660 Land Value $5,321 Improvement Value $32,339 Tax Amount $1,690.54 Change Rate -0.322917% Assessed CR Tax Rate +0.04489%
Year 2020 Assessed Value $36,563 Land Value $5,166 Improvement Value $31,397 Tax Amount $2,496.8 Change Rate +0.487855% Assessed CR Tax Rate +0.068288%
Year 2019 Assessed Value $36,996 Land Value $5,166 Improvement Value $31,830 Tax Amount $1,678.12 Change Rate +0.056292% Assessed CR Tax Rate +0.045359%
Year 2018 Assessed Value $36,996 Land Value $5,166 Improvement Value $31,830 Tax Amount $1,588.69 Change Rate +0.056535% Assessed CR Tax Rate +0.042942%
Year 2017 Assessed Value $35,960 Land Value $5,480 Improvement Value $30,480 Tax Amount $1,503.68 Change Rate Assessed CR Tax Rate +0.041815%
Year 2016 Assessed Value $33,896 Land Value $5,166 Improvement Value $28,730 Tax Amount $1,503.68 Change Rate -0.959282% Assessed CR Tax Rate +0.044362%
Year 2015 Assessed Value $36,929 Land Value $5,166 Improvement Value $31,763 Tax Amount $36,929 Change Rate +21.671963% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $36,929 Land Value $5,166 Improvement Value $31,763 Tax Amount $1,628.84 Change Rate Assessed CR Tax Rate +0.044107%
Year 2013 Assessed Value $37,363 Land Value $5,166 Improvement Value $32,197 Tax Amount Change Rate Assessed CR Tax Rate