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7516 Ramona Ave NW, Albuquerque, NM, 87114

5beds
3baths
3,138sqft
$425,000
$135price/sqft
$2,798/moest. monthly cost
$111,920/yrincome needed

About This Home

This two-story, 5-bedroom, 3-bath home is located in the desirable Ventana Ranch community in Northwest Albuquerque. The main level features an open-concept layout connecting the kitchen, dining area, and living/family room, creating an ideal space for everyday living and entertaining. Also downstairs are a powder room, one bedroom perfect for guests or office use and direct access to the attached three-car garage. Upstairs offers four additional bedrooms, including a generously sized primary suite with a full bath, walk-in closet, and private balcony. Built in 2002, the home also includes a covered patio for outdoor enjoyment, access to the community pool and neighborhood amenities. Some photos have been virtually staged.

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
49
BikeSomewhat Bikeable

Schools

7/10
8/10
5/10
Volcano Vista High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2002

Materials

  • Roof: Pitched,Tile
  • 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: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Features

  • Window features: Single Pane
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 3,138
  • Total interior livable area: 3,138 sqft

Kitchen

  • Level: Main
  • Area: 228

Living Room

  • Level: Main
  • Area: 130
  • Dimensions: Family Room

Primary Bedroom

  • Level: Upper
  • Area: 272

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 100906508224330255
  • Zoning description: R-1A*

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Patio & porch: Balcony,Covered,Patio
  • Exterior features: Balcony,Private Yard
  • Fencing: Wall

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 3
  • Parking features: Attached,Finished Garage,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $2,149$25,788
Home Insurance *$125$1,500
Property Taxes $301$3,612
Electricity $223$2,677
Total$2,798$33,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,931/yr
40% on housing$83,940/yr
45% on housing$74,613/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

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 87114$191
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87114
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-09Price change$417,500
2026-07-25Price change$425,000
2026-07-07Price change$439,900
2026-06-21Price change$453,000
2026-06-08Price change$463,000
2026-05-09Listed for sale$479,000
2023-01-20Listing removed--
2023-01-10Price change$2,365
2022-12-23Price change$2,425
2022-12-07Listed for rent$2,480
2022-12-03Listing removed--
2022-11-17Price change$2,610
2022-11-04Price change$2,745
2022-10-08Price change$2,815
2022-09-23Price change$2,885
2022-09-13Price change$3,035
2022-08-13Listed for rent$3,195
2021-10-07Sold--
2021-09-06Pending sale$395,000
2021-08-28Price change$395,000
2021-08-19Price change$405,000
2021-08-03Listed for sale$425,000
2017-12-29Sold--
2017-10-19Pending sale$250,000
2017-10-14Listed for sale$250,000

For Sale by Agent

AgentJason Lieberman
BrokerageAlbuquerque House Hunting

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