500 Valverde Dr SE, Albuquerque, NM, 87108
About This Home
This prime corner-lot home in Parkland Hills/Ridgecrest Area is just minutes from top dining, shopping, entertainment, parks, and local breweries. This Charming home features a soft remodel with a bright living area, kitchen, and dining. Original hardwood floors in the living room and bedrooms add to the charm, while tile flooring enhances the kitchen and bathroom. Additional highlights include refrigerated air, new Stucco, new windows, and newly installed owned solar panels. The fully fenced landscaped backyard offers backyard access, a dog pen, and shed, perfect for relaxing or entertaining guests. Home also features a tankless water heater. TPO Roof was replaced in 2020. An ideal starter home in a sought-after location!
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1950
Materials
- Roof: Flat
- Construction materials: Adobe
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Gas Range,Refrigerator
- Laundry features: Electric Dryer Hookup
Bedroom2
- Level: Main
- Area: 116.58
Bedroom3
- Level: Main
- Area: 97.85
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
- Area: 91.35
Features
- Ceiling Fan(s),High Speed Internet,Main Level Primary,Smart Camera(s)/Recording
- Window features: Double Pane Windows,Insulated Windows,Low-Emissivity Windows
- Flooring: Tile,Vinyl,Wood
Heating
- Heating features: Combination
Interior Area
- Total structure area: 1,020
- Total interior livable area: 1,020 sqft
Kitchen
- Level: Main
- Area: 127.2
Living Room
- Level: Main
- Area: 153.36
Primary Bedroom
- Level: Main
- Area: 186.12
Property
Details
- Parcel number: 101705626342712420
- Zoning description: R-1C*
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
- Fencing: Full,Gate,Wall
- Has view: Yes
- Residential vegetation: Grassed
Lot
- Lot size: 6,534 sqft
- Features: Corner Lot,Views,Xeriscape
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
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Bernalillo County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $265 | $3,180 |
| Electricity | $148 | $1,780 |
| Total | $2,425 | $29,100 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $375,000 |
| 2026-08-11 | Price change | $380,000 |
| 2026-07-30 | Price change | $375,000 |
| 2026-06-28 | Price change | $380,000 |
| 2026-06-18 | Price change | $385,000 |
| 2026-06-16 | Price change | $395,990 |
| 2026-06-01 | Listed for sale | $400,000 |
| 2024-07-26 | Listing removed | -- |
| 2024-07-25 | Listed for rent | $1,900 |
| 2023-06-28 | Listing removed | -- |
| 2023-06-17 | Price change | $315,000 |
| 2023-06-08 | Listed for sale | $319,900 |
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