NOT LISTED FOR SALE

1035 Sage Ave Grants, NM 87020

Estimated Value: $142,000 - $251,000

2 Beds
1 Bath
6,240 Sq Ft
$32/Sq Ft Est. Value

Last Sold August 08, 2022

Current estimated payment $1,024/month

20 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • Property has 1 Level
  • Tile Flooring

About This Home

As of August 2022

seller is a licensed New Mexico Real Estate Broker who is not the listing agent. Two four-plexes sold together.Property only shown on Tuesdays or Thursday with 48hrs notice and proof of funds.

Last Agent to Sell the Property

Tim Luten

Sperry Van Ness/WACB, Inc. License #2469 Listed on: 03/09/2022

Sperry Van Ness/WACB, Inc.

Last Buyer's Agent

Kyle Deacon

Deacon Property Services License #15579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1977

Lot Details

  • 8,407 Sq Ft Lot
  • Additional Parcels

Parking

  • 10 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 6,240 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Electricity Not Available
  • Cable TV Available

Community Details

  • 8 Units
  • 6,240 Sq Ft Building
  • Built by Smith

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 2054062505432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1977

Lot Details

8,407 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: Go North on Nimitz to Kingman turn west to the corner of Sage and Kingman
  • Year Built: 1977
  • Lot Size Acres: 0.19
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 41 - 50
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range
  • Stories: 1
  • Number Of Buildings: 2
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 6240.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Smith
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 8407.08
  • Additional Parcels: Yes
  • Parcel #: 2054062505432
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 1400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Grants Patio Apartments Llc
Bought by
United Holdings Group Llc
Current Estimated Value
$198,667

Purchase Details

Listed on
Mar 9, 2022
Closed on
Aug 8, 2022
Sold by
Preferred Property Preservation Llc
Bought by
Grants Patio Apartments Llc
Seller's Agent
Tim Luten
Sperry Van Ness/WACB, Inc.
Buyer's Agent
Kyle Deacon
Deacon Property Services
List Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.67%

Purchase Details

Closed on
May 18, 2021
Sold by
Osborne Kyle and Osborne Denise
Bought by
Preferred Property Preservation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
United Holdings Group Llc -- None Listed On Document
United Holdings Group Llc -- None Listed On Document
Grants Patio Apartments Llc -- None Listed On Document
Preferred Property Preservation Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Preferred Property Preservation Llc $73,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold -- -- --
03/29/2022 03/29/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $410,000 -- $66 / Sq Ft
Source: Southwest MLS (Greater Albuquerque 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 -- $12,490 $2,319 $10,171
2024 $4 $12,126 $2,251 $9,875
2023 $398 $11,772 $2,185 $9,587
2022 $402 $11,430 $2,122 $9,308
2021 $387 $11,097 $2,060 $9,037
2020 $381 $11,097 $2,060 $9,037
2019 $363 $11,037 $2,000 $9,037
2018 $378 $11,037 $2,000 $9,037
2017 $355 $11,036 $1,736 $9,300
2016 $336 $10,716 $1,686 $9,030
2015 $336 $10,404 $1,637 $8,767
2014 $335 $10,103 $1,592 $8,511
2013 $276 $9,809 $1,546 $8,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1010286

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R16748

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