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503 San Pedro Dr SE, Albuquerque, NM, 87108

2beds
2baths
1,035sqft
$195,000
$188price/sqft
$1,388/moest. monthly cost
$55,520/yrincome needed

About This Home

Nice Property, WITH POTENTIAL FOR MANY USES perfect for your clients looking into home office or live in and work situation. it was used as an office at one time but now is used as residential.MXL Legally Non Conforming Zoning, might be used for either residential or Commercial according to the Zoning and Planning department. Please have your client call them to confirm it. Property is in good condition but seller is selling ''As is'' and willing to do only Lender required repairs.Property is on a Month to Month Lease.

Getting Around

77
WalkingVery Walkable
44
TransitSome Transit
84
BikeVery Bikeable

Schools

4/10
3/10
Wilson Middle SchoolGrades 6-80.8 mi
2/10
Highland High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1946

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Main Level Primary
  • Window features: Single Pane
  • Flooring: Carpet Free

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,035
  • Total interior livable area: 1,035 sqft

Kitchen

  • Level: Main
  • Area: 108

Living Room

  • Level: Main
  • Area: 240

Primary Bedroom

  • Level: Main
  • Area: 121

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101805625351823212
  • Zoning description: MX-L*

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 4
  • Parking features: Carport
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Winter Weather

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$116$1,392
Property Taxes $138$1,656
Electricity $148$1,780
Total$1,388$16,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,588/yr
40% on housing$41,640/yr
45% on housing$37,013/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 87108$164
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87108
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-26Listed for sale$185,000
2026-01-31Listing removed$195,000
2025-08-13Listed for sale$195,000
2010-08-07Listing removed$107,000
2009-12-19Listed for sale$107,000

For Sale by Agent

AgentSandra M Rodriguez
BrokerageInternational Brokerage

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