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1420 Freeman Ave NW, Albuquerque, NM, 87107

3beds
4baths
3,082sqft
$599,000
$194price/sqft
$3,812/moest. monthly cost
$152,480/yrincome needed

About This Home

STEP INTO A FULLY REIMAGINED NORTH VALLEY RETREAT WHERE STYLE, SPACE, AND FUNCTION COME TOGETHER BEAUTIFULLY. This complete top-to-bottom remodel blends thoughtful craftsmanship with modern comfort, including updated plumbing, electrical, HVAC, sewer lines, and refreshed stucco. With over 3000 sq ft between the main home and casita, flexibility abounds with 3 bedrooms plus an office or optional 4th bedroom. Enjoy sleek bathrooms, gleaming floors, wood beam ceilings, modern lighting, and a private kitchen designed for gathering. Multiple living spaces include family room, dining area, and cozy fireplace living room. Large yard offers room to relax, garden, or entertain in this established North Valley setting near bosque trails and local favorites. Schedule your private showing today!

Getting Around

28
WalkingCar-Dependent
24
TransitMinimal Transit
68
BikeBikeable

Schools

5/10
Garfield Middle SchoolGrades 6-81.0 mi
4/10
Valley High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1946

Materials

  • Roof: Flat
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Range,Refrigerator
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • 3/4 bathrooms: 4

Family Room

  • Level: Main
  • Area: 431.4

Features

  • Ceiling Fan(s),Dual Sinks,Home Office,Main Level Primary,Sitting Area in Master,Separate Shower,Walk-In Closet(s)
  • Window features: Sliding
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Custom
  • Fireplace: Yes

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,082
  • Total interior livable area: 3,082 sqft

Kitchen

  • Level: Main
  • Area: 153.26

Living Room

  • Level: Main
  • Area: 188.87

Primary Bedroom

  • Level: Main
  • Area: 226.25

Property

Details

  • Parcel number: 101406101800130138
  • Zoning description: R-1C*

Features

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

Lot

  • Lot size: 0.40 Acres

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 $3,028$36,336
Home Insurance *$141$1,692
Property Taxes $424$5,088
Electricity $219$2,629
Total$3,812$45,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,697/yr
40% on housing$114,360/yr
45% on housing$101,653/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

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 87107$248
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
2026-04-30Price change$625,000
2026-03-12Price change$639,000
2026-02-06Listed for sale$650,000
2025-05-16Sold--

For Sale by Agent

AgentVallejos Realty
BrokerageKeller Williams Realty

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