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1331 Park Ave SW Unit 202, Albuquerque, NM, 87102

2beds
2baths
1,067sqft
$309,000
$290price/sqft
$2,046/moest. monthly cost
$81,840/yrincome needed

About This Home

This 2 bedroom, 2 bath condo has a bright open floor plan with a large greatroom. The kitchen has cabinets with solid oak slab doors with all-wood interiors & frame, lower cabinets have pull-out drawers for easy access to pot & pans. The kitchen comes complete with all appliances including black stainless-steel french door refrigerator with freezer below, black stainless dishwasher with stainless steel interior, one of the original electric slide-in electric ranges with microwave overhead.A double column pantry boasting floor to ceiling all-wood maple soft-close drawers. Balcony overlooks the swimming pool and has views of Sandia Mountains and Downtown. Mornings are bright & sunny with afternoons & evenings shady & cool. Common area has rose garden, perogola, dining tables, and 2 grills.

Getting Around

87
WalkingVery Walkable
46
TransitSome Transit
87
BikeVery Bikeable

Schools

6/10
4/10
Washington Middle SchoolGrades 6-80.1 mi
3/10
Albuquerque High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1963

Materials

  • Roof: Flat

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Electric Range,Microwave,Refrigerator
  • Laundry features: None

Bedroom2

  • Level: Main
  • Area: 132.5

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Great Room,Main Level Primary,Pantry,Tub Shower
  • Window features: Double Pane Windows,Insulated Windows,Single Pane
  • Flooring: Concrete,Tile

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 1,067
  • Total interior livable area: 1,067 sqft

Kitchen

  • Level: Main
  • Area: 97.12

Living Room

  • Level: Main
  • Area: 340

Primary Bedroom

  • Level: Main
  • Area: 167.34

Property

Details

  • Parcel number: 101305736552715101AB
  • Attached to another structure: Yes
  • Zoning description: R-MH*

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Balcony
  • Exterior features: Balcony

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 $1,562$18,744
Home Insurance *$118$1,416
Property Taxes $218$2,616
Electricity $148$1,780
Total$2,046$24,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,148/yr
40% on housing$61,380/yr
45% on housing$54,560/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

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 87102$159
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87102
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$319,000
2026-04-15Listed for sale$340,000
2019-08-22Sold--

For Sale by Agent

AgentJoe Schifani
BrokerageAffordable Realty Services Inc

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