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4501 8th St NW, Albuquerque, NM, 87107

2beds
1baths
1,160sqft
$280,000
$241price/sqft
$1,902/moest. monthly cost
$76,080/yrincome needed

About This Home

Back on market with improvements! North Valley classic charmer situated on a large corner lot offering extra space and curb appeal. Inside you'll find a lovely layout with authentic Southwestern touches. The home offers two well sized bedrooms, inviting living spaces, and a fabulous functional kitchen. Master bedroom includes in floor heating system. Spacious low-maintenance backyard, versatile, and ready for entertaining, gardening, pets, or simply enjoying New Mexico sunsets. Located just minutes from local dining and shopping, this home offers a unique mix of neighborhood charm and city convenience. Seller is offering a $13,000 credit at closing toward a known sewer line repair, allowing the buyer to complete the work with their preferred contractor on their timeline.

Getting Around

59
WalkingSomewhat Walkable
26
TransitSome Transit
62
BikeBikeable

Schools

5/10
Garfield Middle SchoolGrades 6-80.8 mi
4/10
Valley High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1962

Materials

  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 126250

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 9625

Features

  • Ceiling Fan(s),Main Level Primary
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Tile,Wood

Heating & Cooling

  • Heating features: Central,Wall Furnace
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,160
  • Total interior livable area: 1,160 sqft

Kitchen

  • Level: Main
  • Area: 18375

Living Room

  • Level: Main
  • Area: 18758

Primary Bedroom

  • Level: Main
  • Area: 178180

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101406028246711702
  • Zoning description: R-1C*

Features

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

Lot

  • Lot size: 8,276 sqft
  • Features: Landscaped

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Winter Weather
Hail
Heat Wave
Lightning

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 $1,415$16,980
Home Insurance *$141$1,692
Property Taxes $198$2,376
Electricity $148$1,780
Total$1,902$22,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,211/yr
40% on housing$57,060/yr
45% on housing$50,720/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

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 87107$249
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87107
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Price change$280,000
2026-05-21Pending sale$265,000
2026-05-15Listed for sale$265,000
2023-12-29Listing removed--
2023-12-02Listed for rent$1,650
2022-10-25Listing removed--
2022-10-15Listed for rent$1,495
2019-11-27Listing removed$1,100
2019-11-20Listed for rent$1,100
2017-10-14Listing removed$1,100
2017-09-05Listed for rent$1,100
2014-09-18Listing removed$1,100
2014-09-06Price change$1,100
2014-08-17Listed for rent$1,150
2014-06-02Listing removed$1,100
2014-04-24Listed for rent$1,100
2013-08-06Listing removed$1,150
2013-07-17Listed for rent$1,150

For Sale by Agent

AgentAlyssa Renee Gonzales
BrokerageDeacon Property Services

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