NOT LISTED FOR SALE

1003 Central Ave Tularosa, NM 88352

Estimated Value: $276,666 - $568,000

2 Beds
2 Baths
7,800 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 12, 2021

Current estimated payment $2,329/month

91 Days on Market

Highlights

  • Corner Lot
  • Home Office
  • Tile Flooring
  • Tularosa Elementary School Rated 9+
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of July 2021

Opportunity Knocks X 6! Apartment buildings in Southern NM. Just minutes to Ruidoso NM this investment property sits on the sidelines of the main vessel between South TX and Southern NM. The options are endless whether it be retirement income you are looking to build, a passive income infrastructure you are wanting to obtain or simply obtaining an income producing property...this is the one. There are 3-2 bed 1.5 bath units with office space and 3-3 bed 1.75 bath units with covered parking.

Last Agent to Sell the Property

Rebekah Graham

Future Real Estate License #46405 Listed on: 02/01/2021

Last Buyer's Agent

SHAWNA ESPIRITU

Trinity Real Estate Group, Inc. License #47666

Trinity Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • Desert faces the front and back of the property
  • Corner Lot

Parking

  • No Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 7,800 Sq Ft Home
  • 2-Story Property
  • Home Office
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Community Details

  • Tularosa Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number R025256&54

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

8,364 Sq Ft Lot

Listing Details

  • OFFICELIST_ADDRESS: 1003 Central
  • OFFICELIST_ADDRESS2: 1005 Central
  • Exterior Construction: OTHER
  • Legal Block: 5
  • Legal Lot: Lot 8,9 W 1/2
  • Ext Amenities: Corner Lot
  • Unit Levels: Two Story
  • Main Above Bsmt Htd Sq Ft Rng: 1201-1400
  • OFFICELIST_STATE: NM
  • FILLSUBDIVISION: Tularosa Gardens
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Lower Floor 1 Half Bathrooms: 1.75
  • Lower Floor 1 Bedrooms: 2/3
  • INTERIORAMENIT: CARPET, PARTIAL, TILE FLOORING
  • Other Rooms: Office
  • Basement Type: MULTI-FAMILY

Exterior Features

  • PATIOSDECKS: PATIO OPEN, PORCH COVERED
  • ROOFTYP: PITCHED SHNGL

Garage/Parking

  • Carport: THREE OR MORE
  • Garage Spaces: NONE

Utilities

  • Cooling: EVAP. CENTRAL
  • Heating: GAS FORCED AIR
  • Utilities: PUBLIC SEWER, PUBLIC ELECTRIC, WATER, ASSN

Fee Information

  • Tax Class: RESIDENTIAL

Green Features

  • Green Landscaping: DESERT, FRONT, DESERT, REAR

Lot Info

  • Zoning: MULTI-FAMILY

Building Info

  • ApproxYrBuilt: 2007

Rental Info

  • Max Numof Occupants: TENANT

Tax Info

  • Tax Data Account Number: R025256&54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jul 9, 2021
Sold by
Great Western Realty Inc
Bought by
Bettig Marvind R and Bettig Tandie S
Seller's Agent
Rebekah Graham
Future Real Estate
Buyer's Agent
SHAWNA ESPIRITU
Trinity Real Estate Group, Inc.
List Price
$459,900
Current Estimated Value
$419,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jul 8, 2021
Sold by
Chris Ferguson
Bought by
Cooley Llc
Seller's Agent
Rebekah Graham
Future Real Estate
Buyer's Agent
SHAWNA ESPIRITU
Trinity Real Estate Group, Inc.
List Price
$459,900

Purchase Details

Closed on
Jan 10, 2008
Sold by
Tularosa Gardens Construction Llc
Bought by
Ferguson Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,200
Interest Rate
6.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bettig Marvind R -- None Listed On Document
Cooley Llc -- Casa Y Tierra Abstract & Title
Ferguson Chris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Chris $236,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold -- -- --
05/03/2021 05/03/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $459,900 -- $59 / Sq Ft
Source: Otero County Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,006 $82,561 $9,060 $73,501
2024 $1,880 $77,823 $9,060 $68,763
2023 $2,445 $98,169 $5,055 $93,114
2022 $2,384 $95,457 $5,055 $90,402
2021 $2,336 $84,620 $5,055 $79,565
2020 $2,105 $84,620 $5,055 $79,565
2019 $2,091 $82,961 $4,956 $78,005
2018 $2,055 $82,140 $4,907 $77,225
2017 $1,981 $80,530 $4,811 $75,711
2016 $1,969 $78,951 $0 $0
2015 $1,976 $77,402 $0 $0
2014 -- $75,885 $4,533 $71,352
Source: Public Records

Agents Affiliated with this Home

  • Rebekah Graham

    Seller's Agent in 2021

    Rebekah Graham

    Future Real Estate

    (575) 921-5517

    27 in this area

    185 Total Sales

    Rebekah Graham
    Section Image

  • S

    Buyer's Agent in 2021

    SHAWNA ESPIRITU

    Trinity Real Estate Group, Inc.

    (575) 921-3392

    1 in this area

    27 Total Sales

    SHAWNA ESPIRITU
    Section Image
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Map

Source: Otero County Association of REALTORS®

MLS Number: 164478

APN: R025256

New Mexico Otero County Tularosa 88352

1003 Central Ave, Tularosa, NM

Not Listed for Sale

MultiFamily

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