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707 Richmond Dr SE, Albuquerque, NM, 87106

5beds
3baths
3,647sqft
$699,900
$192price/sqft
$4,422/moest. monthly cost
$176,880/yrincome needed

About This Home

Imagine waking up to your morning coffee overlooking one of the most idyllic and dreamy parks in Albuquerque, and realizing that's not all you get to enjoy. Venturing to the back deck, you'll cherish tranquil moments under the shade of mature growth trees, lounging next to the koi pond, swinging in a hammock. The main floor of the home is just as magical, with the warmth and structural integrity of the mid-century era. The living room centers a wood burning fireplace with original wood floors pouring into the dining room and two bedrooms. The kitchen's layout is dreamy, with perfectly placed appliances and storage, and a bonus area for more storage or a breakfast nook. Downstairs, you'll find a spacious den centering a wood burning fireplace, three additional bedrooms, a bathroom, and

Getting Around

56
WalkingSomewhat Walkable
30
TransitSome Transit
66
BikeBikeable

Schools

9/10
3/10
Wilson Middle SchoolGrades 6-81.9 mi
2/10
Highland High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1941

Materials

  • Foundation: Block,Slab
  • Roof: Flat
  • Construction materials: Block,Frame,Stucco

Other

  • Builder name: Paul J. Hisey

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,Mid-Century Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Double Oven,Dryer,Dishwasher,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Family/Dining Room,Home Office,Living/Dining Room,Multiple Living Areas,Main Level Primary,Sitting Area in Master
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Concrete,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Custom,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Ductless,Forced Air
  • Cooling features: Ductless,Refrigerated

Interior Area

  • Total structure area: 3,647
  • Total interior livable area: 3,647 sqft

Kitchen

  • Level: Main
  • Area: 150

Living Room

  • Level: Main
  • Area: 455

Primary Bedroom

  • Level: Main
  • Area: 175.5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 101605632046112112
  • Zoning description: R-1B*

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Open,Patio
  • Exterior features: Deck,Private Yard,Water Feature
  • Fencing: Wall
  • Has view: Yes

Lot

  • Lot size: 9,583 sqft
  • Features: Landscaped,Views

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
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 $3,539$42,468
Home Insurance *$129$1,548
Property Taxes $495$5,940
Electricity $259$3,111
Total$4,422$53,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,611/yr
40% on housing$132,660/yr
45% on housing$117,920/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

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 87106$197
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87106
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-05Listed for sale$775,000
2026-01-01Listing removed$775,000
2025-09-26Listed for sale$775,000
2017-07-24Sold--
2017-06-20Pending sale$499,900
2017-06-10Price change$499,900
2017-05-25Price change$525,000
2017-05-18Listed for sale$539,000

For Sale by Agent

AgentAustin D Wolff
BrokerageThe Lovely Home Company

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