$275,000
SOLD APR 12, 2022
Last list price

1111 W Mckay St Carlsbad, NM 88220

-- Bed
1 Bath
2,800 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

41 Days on Market

Highlights

  • No HOA
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Wow! Check out this income producing property! 4 units with 2-bedrooms and 1 bath each. Move your tenants right in! You can also purchase 1115 W McKay and own 8 total units. All units have storage room and all contain range/oven, dishwasher and garbage disposal. 16" blown in insulation in attic. Property sold is "as is" condition.

Last Agent to Sell the Property

Jo Scheel

CENTURY 21 DUNAGAN ASSOCIATES License #21225 Listed on: 01/19/2022

CENTURY 21 DUNAGAN ASSOCIATES

Last Buyer's Agent

Jo Scheel

CENTURY 21 DUNAGAN ASSOCIATES License #21225 Listed on: 01/19/2022

CENTURY 21 DUNAGAN ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1980

Home Design

  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4156127458180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Prop. Type: Residential Income
  • Unit Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Living Room
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Electric Water Heater
  • Stories: 2

Exterior Features

  • Roof: Pitched
  • Construction Type: Frame, Stucco
  • Foundation Details: Slab

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Garbage
  • Electric: Meters(Electric Separate)
  • Cooling: Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Fireplace(s)
  • HeatingYN: Yes
  • Water Source: Water-City, Meters(Water Separate)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4156127458180

Multi Family

  • Number Of Units Total: 4
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2024
Closed on
Oct 3, 2024
Sold by
Edge Capital Iv Llc
Bought by
Chaparro Street Llc
Seller's Agent
Todd Clarke
NM Apartment Advisors, Inc.
Buyer's Agent
Kyle Deacon
Deacon Property Services
List Price
$619,444
Sold Price
$512,400
Premium/Discount to List
-$107,044
-17.28%
Total Days on Market
41
Views
98
Current Estimated Value
$568,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,506
Avg. Annual Appreciation
17.18%
Original Mortgage
$1,537,200
Outstanding Balance
$1,480,951
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$912,045

Purchase Details

Listed on
Jan 19, 2022
Closed on
Apr 12, 2022
Sold by
Gruber Richard
Bought by
Edge Capital Iv Llc
Seller's Agent
Jo Scheel
CENTURY 21 DUNAGAN ASSOCIATES
Buyer's Agent
Jo Scheel
CENTURY 21 DUNAGAN ASSOCIATES
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.52%
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 Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,537,200 Credit Line Revolving
Previous Owner $98,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold -- -- --
09/01/2024 09/01/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $549,000 -11.4% $167 / Sq Ft
04/28/2024 04/28/24 For Sale $619,444 +125.3% $188 / Sq Ft
04/12/2022 04/12/22 Sold -- -- --
03/01/2022 03/01/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $275,000 -- $98 / Sq Ft
Source: New Mexico MLS

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 $982 $39,495 $446 $39,049
2023 $982 $38,345 $314 $38,031
2022 $980 $39,328 $2,100 $37,228
2021 $977 $39,328 $2,100 $37,228
2020 $988 $39,328 $2,100 $37,228
2019 $1,008 $39,328 $2,100 $37,228
2018 $1,003 $39,328 $2,100 $37,228
2017 $1,025 $40,445 $2,100 $38,345
2015 $1,066 $0 $0 $0
2014 $967 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Clarke

    Seller's Agent in 2024

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    236 Total Sales

    Todd Clarke
    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kyle Deacon

    Deacon Property Services

    (505) 878-0100

    180 Total Sales

    Kyle Deacon
    Section Image
  • Jo Scheel

    Seller's Agent in 2022

    Jo Scheel

    CENTURY 21 DUNAGAN ASSOCIATES

    (575) 361-4159

    312 Total Sales

    Jo Scheel
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20220325

New Mexico MLS

APN: 4-156-127-458-180

New Mexico Eddy County Carlsbad 88220

1111 W Mckay St, Carlsbad, NM

This home is located at 1111 W Mckay St, Carlsbad, NM 88220 and is currently estimated at $275,000, approximately $98 per square foot. This property was built in 1980. 1111 W Mckay St is a home located in Eddy County with nearby schools including Sunset Elementary School, PR Leyva CIS, and Carlsbad High School.

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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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