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516 Sanchez Rd NW, Albuquerque, NM, 87107

2beds
3baths
1,102sqft
$279,000
$253price/sqft
$1,896/moest. monthly cost
$75,840/yrincome needed

About This Home

Rare opportunity to own one of the few townhomes in the community with a two-car garage with NO HOA! This well-maintained townhome features two spacious primary suites, each with a private bath, plus a convenient half bath downstairs. Enjoy tile flooring throughout the entire home offering beauty, durability, and easy maintenance. Relax in the private courtyard or entertain in the large backyard with plenty of space to enjoy the outdoors.Conveniently located near shopping, dining, parks, and freeway access, this home combines comfort, functionality, and a floor plan that's hard to find.

Getting Around

65
WalkingSomewhat Walkable
29
TransitSome Transit
72
BikeVery Bikeable

Schools

4/10
Taft Middle SchoolGrades 6-81.3 mi
4/10
Valley High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1982

Materials

  • Roof: Flat
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Built-In Electric Range,Dishwasher,Refrigerator
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

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

Features

  • Multiple Primary Suites
  • Window features: Metal
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,102
  • Total interior livable area: 1,102 sqft

Kitchen

  • Level: Main
  • Area: 96

Living Room

  • Level: Main
  • Area: 288

Primary Bedroom

  • Level: Second
  • Area: 168

Primary Bedroom

  • Level: Second
  • Area: 144

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Parcel number: 101406141324842035
  • Attached to another structure: Yes
  • Zoning description: MX-L*

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Courtyard
  • Fencing: Back Yard,Gate

Lot

  • Lot size: 3,920 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Hail
Inland Flooding
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 $1,410$16,920
Home Insurance *$141$1,692
Property Taxes $197$2,364
Electricity $148$1,780
Total$1,896$22,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,005/yr
40% on housing$56,880/yr
45% on housing$50,560/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

$253This 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
2026-08-14Price change$269,900
2026-07-24Listed for sale$279,000

For Sale by Agent

AgentTonia R Hendrickson
BrokerageLa Puerta Real Estate Serv LLC

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