Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and updates. Assessed value of $148K appears below market.
Sandia-View Patio Home — Updated 2BR/2BA on Quiet Cul-de-Sac
From the moment you turn into the cul-de-sac, this single-story patio home announces itself with broad views of the Sandia Mountains and a sense of calm rare in close-in Albuquerque neighborhoods. Built in 1990 and lovingly maintained since the current owners purchased in 2015, the house offers 1,370 square feet of thoughtfully updated living space: two bedrooms, two full baths, and a layout that keeps daily living uncomplicated yet inviting.
The heart of the home is an updated kitchen that pairs durable tile floors with granite countertops and new appliances — a practical but tasteful setup for everyday meals or casual entertaining. A warm, wood-burning fireplace anchors the living area and frames those mountain vistas, while recessed lighting and a neutral palette keep finishes current without overwriting the home’s original character. Systems include refrigerated (evaporative) cooling and central forced air heat; prospective buyers should verify roof and HVAC condition during inspection.
Outdoor living extends from a private patio that faces open space and trails, perfect for coffee breaks or stargazing. The level 0.13-acre lot provides low-maintenance landscaping and direct frontage on Tramway Terrace Court NE. Practical conveniences include a two-car attached garage with storage and easy driveway access to Tramway Blvd (0.2 miles), making grocery runs and commutes straightforward.
Sandia Heights is a compelling blend of outdoor access and neighborhood quiet: Little Cloud Park is a short stroll away, the Sandia Peak Tramway sits roughly 2.5 miles up the hill, and everyday shopping and coffee (Albertsons, O’Bean’s) are within minutes. With recent comparables in the immediate area showing sale prices in the $375k–$450k range, this property presents strong value for buyers seeking a move-in-ready home with mountain views, low-turnover street placement, and proximity to trails and top-rated schools.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Similar lot size
- Same year built
- 40 SF smaller
- 1 additional bedroom
- 1,175 SF larger lot
- 5 years older
- 438 SF larger
- 1,742 SF larger lot
- 3 years older
A 1990 patio home on 0.13 acres.
Building
Site & utilities
Sandia Heights
Researched nearby locations
Location
2520 Tramway Terrace Court Northeast, Albuquerque, NM 87122
Sandia Heights blends close-to-nature living with convenient access to city amenities. Residents enjoy immediate access to hiking and biking trails, Little Cloud Park, and the Sandia Peak Tramway for year-round outdoor recreation. Local errands are easy with Albertsons and neighborhood coffee shops nearby, while well-regarded public schools serve families. The community attracts professionals and retirees who value quiet streets, mountain views, and a lifestyle oriented around outdoor activity.
Excellent access to outdoor recreation: Little Cloud Park is 0.2 miles away, Sandia Peak Tramway is about 2.5 miles, with multiple hiking and biking trails and neighborhood greenways for daily activity.
A factual market snapshot around 2520 Tramway Terrace Court Northeast.
Sandia Heights is currently a balanced market with leanings toward sellers on well-priced listings. Inventory sits at about 2.5 months — tight enough to sustain competition for desirable homes — and the neighborhood’s average days on market is approximately 35 days. Median sale prices in the area center near $400,000, with recent comparable sales within a half-mile ranging $375,000–$450,000; one-year appreciation is modest (~5%), while five-year appreciation reflects stronger growth (about 25%).
Patio homes and single-story villas in this pocket tend to perform well because of limited supply, stable buyer demand from professionals and downsizers, and proximity to outdoor recreation. Rental demand is healthy too: market rent estimates for comparable two-bedroom homes are roughly $2,000/month (rent per SF ~1.4–1.5), suggesting potential for solid gross yield for investor buyers. Given the low months of inventory, confirmed updates (kitchen, appliances), and the property’s mountain views, this is a favorable time to list competitively or to buy with confidence in steady neighborhood appreciation — provided buyers complete standard due diligence on roof, HVAC, and any HOA rules.
Residential Zone
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 266 SF larger
- 470 SF larger
- 1 additional bedroom
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2015 purchase at $250,000 ($182/SF) — current estimate $400,000 ($292/SF)
- Assessed value $148,000 (land $28K, improvements $120K) — annual taxes $4,000
- Zoned R-2 — allows single-family and accessory dwelling units
- 3 comparable sales within 0.5 miles in last 6 months range $375K–$425K
- Average days on market in Sandia Heights: 35 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify age and condition of roof and HVAC systems
- Confirm any HOA regulations or fees
- Professional home inspection
- Review title report for any encumbrances
What stands out about this property.
Interior Features
- 2 bedrooms, 2 full bathrooms
- Updated kitchen with granite countertops
- New kitchen appliances
- Tile flooring in main living areas
- Fireplace in living room
- One-story floor plan, 1,370 SF
- Central forced air heating and refrigerated cooling
Exterior & Lot
- 0.13-acre level lot
- Private patio with Sandia Mountain views
- 2-car attached garage with storage
- Frontage on Tramway Terrace Court NE
- Low-maintenance landscaping
- Situated on a quiet cul-de-sac
Location & Neighborhood
- Sandia Heights neighborhood
- Sandia Peak Tramway ~2.5 miles
- Albertsons Market ~1.1 miles
- Little Cloud Park ~0.2 miles
- Short drive to local dining and coffee shops
- Attractive to professionals and retirees
Walkability & Recreation
- Walkability Rating: 50/100 — Somewhat Walkable
- Nearby parks and green spaces (Little Cloud Park)
- Hiking and biking trails within immediate vicinity
- Sandia Peak Tramway (2.5 miles) for mountain access
- Running/walking paths and neighborhood greenways
- Community recreation and outdoor amenities nearby
Sources & research confidence.
See where the property research came from and how confidence varies by field.