NOT LISTED FOR SALE

1025 McFie Ave Las Cruces, NM 88005

Estimated Value: $348,000

8 Beds
4 Baths
2,890 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 01, 2014

Current estimated payment $2,055/month

99 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Evaporated cooling system

About This Home

As of August 2014

Great investment opportunity! Central location, good rental history.

Last Agent to Sell the Property

Jaylen Garland

Garland Realty & Development License #15102 Listed on: 03/20/2014

Last Buyer's Agent

David Coyle

RE/MAX Classic Realty License #15198

RE/MAX Classic Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,073

Lot Details

  • 7,000

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Oven or Range
  • 7,000 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 8 Units
  • Palmers Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,073

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Residential Income
  • Co List Office Mls Id: LCNGRD
  • Subdivision Name: Palmers Subdivision
  • Directions: Valley Drive, east on Mc Fie
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Roof: Flat
  • Acres: 0.16
  • Construction Type: Frame, Stucco

Garage/Parking

  • Parking Features: Paved Area

Utilities

  • Heating: Forced Air, Gas
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: .25 to .50 AC
  • Lot Size Sq Ft: 7000

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2018
Sold by
Daugherty Re Investments Llc
Bought by
Mcfie Investment Proerties Llc
Current Estimated Value
$348,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$89,848
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$258,152

Purchase Details

Closed on
Jan 12, 2018
Sold by
Foster Kyle N and Foster Valeria P
Bought by
Daugherty Re Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$89,848
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$258,152

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jul 29, 2014
Sold by
Bernal Pascual L and Perea Norma
Bought by
Foster Kyle M
Seller's Agent
Jaylen Garland
Garland Realty & Development
Buyer's Agent
David Coyle
RE/MAX Classic Realty
List Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
Martinez Ruben A and Martinez Ellen C
Bought by
Bernal Pascual L and Perea Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 1999
Sold by
F & L Services Ltd Co
Bought by
Martinez Ruben A and Martinez Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.83%
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
Mcfie Investment Proerties Llc -- Bueno Title
Daugherty Re Investments Llc -- Bueno Title
Foster Kyle M -- Dona Ana Title Co
Bernal Pascual L -- Dona Ana Title Company
Martinez Ruben A -- Dona Ana Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daugherty Re Investments Llc $154,000
Previous Owner Foster Kyle M $127,500
Previous Owner Foster Kyle N $127,500
Previous Owner Bernal Pascual L $130,000
Previous Owner Bernal Pascual L $84,750
Previous Owner Martinez Ruben A $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
08/01/2014 08/01/14 Sold -- -- --
06/27/2014 06/27/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $360,000 -- $125 / 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 $2,073 $68,074 $8,333 $59,741
2023 $2,044 $66,091 $8,333 $57,758
2022 $2,073 $66,091 $8,333 $57,758
2021 $2,006 $64,166 $8,333 $55,833
2020 $2,016 $64,166 $8,333 $55,833
2019 $2,022 $64,166 $8,333 $55,833
2018 $1,883 $60,117 $8,324 $51,793
2017 $1,678 $58,367 $8,321 $50,046
2016 $1,651 $56,667 $8,100 $48,567
2015 $1,659 $170,000 $24,300 $145,700
2014 $1,296 $132,800 $12,900 $119,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1400936

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

APN: 02-17950