Off Market

508 Torrance St SE,

Albuquerque, NM 87108
  • 875 sqft
Estimated Value*

Est. Value* : $109,500

  • 875 sqft
Get Financing
Property Type
Single Family Home
Year Built
1958

Description

508 Torrance St SE is a single family home in Albuquerque, NM. This home was built in 1958 and includes 875 square feet of living space. Additional features include a parking garage. Today, the estimated home value is around $109,500. Frequently asked questions about 508 Torrance St SE and the surrounding community.

  • How is the neighborhood? 508 Torrance St SE is located in a community that is home to 37,787 residents, which has increased by 3.5% since 2000. 52.8% of the residents are families with children. The largest age group is between 25 to 34 (16.13%), while the second-largest age group is between 45 to 54 (13.92%).
  • What is the cost of living? The average family living near 508 Torrance St SE has a median household income of $32,932 and spends about $32,866 annually.
  • What is the crime rate? The neighborhood surrounding 508 Torrance St SE is relatively unsafe since the personal crime risk (including both violent and non-violent crimes) is 27.4%, which is higher than the state average of 12.8%. Property crime risk is 41.6%, which is higher than the state average of 14.5%.
  • How are the schools? The schools closest to 508 Torrance St SE include Coronado Elementary, and Ecademy Virtual High School.
  • How’s the job market? About 54.0% of the residents near 508 Torrance St SE have white-collar jobs, while the remaining 46.0% have blue-collar jobs. The unemployment rate is about 5.8%, which is higher than the state unemployment rate of 5.3%.
  • What is the weather like year-round? The average temperature for 508 Torrance St SE is about 31.5 degrees in January and 73.8 degrees in July. The average rainfall is around 9.9 inches per year. The average snowfall is around 8.4 inches per year.
  • Is there a risk of a natural disaster? 508 Torrance St SE resides in an area with low flood risk, low tornado risk, and high earthquake risk.

Property Details

Property Info

Property Type
Single Family Home
Square Footage
875
Year Built
1958
Latitude
35.07
Longitude
-106.56
Heating
NONE
Lot Size
5,998 sqft
New Construction
No

Tax History

YearTaxesLandImprovementsAssessment
2018 $1,170 $0 $0 $28,097
2017 $1,170 $0 $0 $27,530
2016 $1,166 $0 $0 $27,797
2015 $1,166 $0 $0 $27,355
2014 $1,097 $0 $0 $26,559

Local Info

Population
37,787
Median Family Income
$32,932
Graduate Degree Percentile
9.7%
Median Homeowner Age
34.3
Households with Children
52.8%
Unemployment Rate
5.8%

Assigned Schools

SchoolSchoolDigger RatingGradesEnrollmentFull-time TeachersStudent / Teacher RatioDistance
Coronado Elementary K-5
Desert Willow Family School K-8
Ecademy Virtual High School   9-10

Natural Disaster Risk

Risk Type Natural Disaster Level of Risk Description
Earthquake Risk Earthquake High Risk Earthquake Risk Grade: D
Tornado Risk Tornado Low Risk Tornado Risk DPI: 1.2
Flood Risk Flood Low Risk This property is located in a minimal flood risk area, falling outside of the 1% and 0.2% annual chance of flooding. A flood event is still possible due to severe rainfall and inadequate local drainage. Flood insurance is recommended but not required by federal regulation.

* The Estimated Value of Off Market homes that is used on the HomeFinder website is provided by a 3rd party vendor, ATTOM Data Solutions (www.attomdata.com) according to ATTOM's estimated market value for a home, computed using their proprietary formula. It is a starting point in determining a home’s value and is not an official appraisal. Estimated Value is intended to help you determine an independent and unbiased assessment of what your home might be worth in today’s market. Comparing your home to recently sold properties can also help you understand what your home is worth. Additionally, your real estate agent or appraiser will physically inspect the home and take into account special features, location and market conditions.

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