NOT LISTED FOR SALE

1015 Davis Ave Unit 1-4 Las Cruces, NM 88005

Estimated Value: $192,302 - $328,000

4 Beds
4 Baths
1,222 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 27, 2021

Current estimated payment $1,520/month

6 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Wood Fence

About This Home

As of September 2021

Investment property, 4 Units, each unit is a 1 Bedroom 1 bathroom. Property has common front area.

Last Agent to Sell the Property

Adam Marrujo

Monarch Real Estate Corporation License #20004 Listed on: 08/23/2021

Last Buyer's Agent

Grace Clark

EXIT Realty Horizons License #54591

EXIT Realty Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1955

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Home Design

  • Metal Roof
  • Stucco

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Parker Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-006-134-279-500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Apartment Complex
  • Property Type: Residential Income
  • Year Built: 1955
  • Co List Office Mls Id: LCNMON
  • Subdivision Name: Parker Place
  • Directions: Head West on Picacho from Main, Turn North on Third street, Turn west on Davis.
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 4

Exterior Features

  • Roof: Metal
  • Acres: 0.22
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Paved Area, Street Parking

Utilities

  • Heating: Gas
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-006-134-279-500
  • Fencing: Block, Wood
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 9583

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 21, 2021
Sold by
Howell Patricia E
Bought by
Dar Llc
Seller's Agent
Adam Marrujo
Monarch Real Estate Corporation
Buyer's Agent
Grace Clark
EXIT Realty Horizons
List Price
$250,000
Current Estimated Value
$260,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,184,740
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$2,924,589

Purchase Details

Closed on
May 15, 2015
Sold by
Magallanes Hector
Bought by
Charles Patricia

Purchase Details

Closed on
Dec 4, 2014
Sold by
Torres Roberta T
Bought by
Torres Roberta T and Magallanes Hector
Source: Public Records

Range of Values:

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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
Dar Llc -- Bueno Title
Charles Patricia -- Bueno Title
Torres Roberta T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dar Llc $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2023 12/24/23 Off Market -- -- --
12/26/2021 12/26/21 Off Market -- -- --
09/27/2021 09/27/21 Sold -- -- --
08/29/2021 08/29/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $250,000 -- $205 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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
2024 $1,818 $59,688 $8,333 $51,355
2023 $1,792 $57,949 $8,333 $49,616
2022 $1,765 $56,262 $8,333 $47,929
2021 $1,145 $36,641 $8,333 $28,308
2020 $1,118 $35,574 $8,333 $27,241
2019 $1,121 $35,574 $8,333 $27,241
2018 $1,091 $34,833 $8,333 $26,500
2017 $979 $34,059 $7,559 $26,500
2016 $963 $33,067 $5,900 $27,167
2015 $484 $99,166 $17,661 $81,505
2014 $953 $97,700 $17,400 $80,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Adam Marrujo

    Monarch Real Estate Corporation

    Section Image
  • Grace Clark

    Buyer's Agent in 2021

    Grace Clark

    EXIT Realty Horizons

    (575) 640-7350

    33 Total Sales

    Grace Clark
    Section Image
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Map

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 2102710

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

APN: 02-01214

New Mexico Dona Ana County Las Cruces 88005

1015 Davis Ave Unit 1-4, Las Cruces, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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