K
Seller's Agent in 2025
KAITLIN GARCIA
BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES
(575) 740-3146
17 in this area
25 Total Sales
Last list price
110 E 2nd Ave Truth Or Consequences, NM 87901
--
Bed
--
Bath
--
Sq Ft
8,276
Sq Ft Lot
About This Home
As of May 2025Welcome to your next investment opportunity in the charming town of Truth or Consequences! This multi-family property is a gem waiting to be discovered, featuring six cozy studio apartments that are perfect for those seeking a simple, low-maintenance lifestyle. Imagine owning a piece of real estate near the famous hot springs that put this quirky New Mexico town on the map. Your future tenants will love the convenience of being just a stone's throw away from these natural wonders. Each of the six studio apartments comes with its own bathroom, ensuring privacy and comfort for all residents. Plus, with six units under one roof, you'll have multiple streams of rental income flowing in faster than you can say "Truth or Consequences" three times fast! The property's location is a major selling point. Besides the nearby hot springs, tenants will have easy access to local attractions, shops, and restaurants. They can explore the downtown area, check out the Geronimo Springs Museum, or take a short drive to Elephant Butte Lake State Park for some outdoor fun. As a new listing, this multi-family property won't stay on the market for long. It's a fantastic opportunity for investors looking to dip their toes (pun intended) into the world of rental properties. So why wait? Take the plunge and make this hot property yours before someone else does!
Last Agent to Sell the Property
BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES License #REC-2002-0601 Listed on: 10/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,417
Year Built
- Built in 1930
Lot Details
- 8,276 Sq Ft Lot
Home Design
- Block Exterior
Community Details
- No Home Owners Association
- 6 Units
Listing and Financial Details
- Total Actual Rent $32,400
- Assessor Parcel Number 3022078090386
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2024
Closed on
May 29, 2025
Sold by
Golden Eric D and Golden Lora L
Bought by
Dimora Llc
Seller's Agent
KAITLIN GARCIA
BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES
Buyer's Agent
Cheryl Shipley
RIO MESA REALTY
List Price
$189,900
Views
104
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Purchase Details
Closed on
Sep 21, 2010
Sold by
Kirk Jerry
Bought by
Golden Eric D and Golden Lora L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | -- | -- | -- |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | Price Changed | $179,000 | -5.7% | -- |
| 10/13/2024 10/13/24 | For Sale | $189,900 | -- | -- |
Source: New Mexico MLS
Tax History Compared to Growth
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 | $1,553 | $52,339 | $10,400 | $41,939 |
| 2024 | $1,541 | $50,814 | $10,097 | $40,717 |
| 2023 | $1,541 | $20,847 | $4,200 | $16,647 |
| 2022 | $1,161 | $47,897 | $9,517 | $38,380 |
| 2021 | $1,218 | $46,502 | $9,240 | $37,262 |
| 2020 | $545 | $20,847 | $4,200 | $16,647 |
| 2019 | $539 | $20,847 | $4,200 | $16,647 |
| 2018 | $517 | $20,363 | $4,200 | $16,163 |
| 2017 | $511 | $20,363 | $4,200 | $16,163 |
| 2016 | $464 | $20,237 | $4,200 | $16,037 |
| 2015 | -- | $20,237 | $4,200 | $16,037 |
| 2014 | -- | $20,237 | $4,200 | $16,037 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
KAITLIN GARCIA
-
Cheryl Shipley
C
Buyer's Agent in 2025
Cheryl Shipley
RIO MESA REALTY
(509) 768-1820
97 in this area
177 Total Sales
Map
Source: New Mexico MLS
MLS Number: 20246010
APN: 3022078090386
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