NOT LISTED FOR SALE

117 W Cherry Ln Carlsbad, NM 88220

Estimated Value: $219,000 - $321,000

2 Beds
1 Bath
768 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 16, 2021

Current estimated payment $1,768/month

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Heating Available
  • Ocotillo Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of March 2021

Completely remodeled - 2 homes on 1.5 acres...each are 2 bedroom, 1 bath. 117 Cherry Lane is 768 sq ft with a detached garage. 119 Cherry Lane is 840 sq ft with attached 1 car carport. Studio apartment is in the process of being remodeled. Sale handled for paperwork fee, listing entered into MLS to be used as a comparable for future sales.

Last Listed By

Muffy Gonzalez

CENTURY 21 DUNAGAN ASSOCIATES License #20166 Listed on: 01/19/2021

CENTURY 21 DUNAGAN ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1945

Lot Details

  • 1.5 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4157125224313

Home Details

Home Type

Single Family

Est. Annual Taxes

$849

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1945
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 1.5
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 65340
  • ResoLotSizeUnits: Acres
  • Parcel #: 4157125224313
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 848.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Johnson Brian D and Johnson Christina L
Bought by
Garcia Lopez Elier
Total Days on Market
0
Current Estimated Value
$289,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Outstanding Balance
$266,709
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$13,823

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 16, 2021
Sold by
Jmac Services Llc
Bought by
Johnson Brian D and Johnson Christina L
Seller's Agent
Muffy Gonzalez
CENTURY 21 DUNAGAN ASSOCIATES
Buyer's Agent
Muffy Gonzalez
CENTURY 21 DUNAGAN ASSOCIATES
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$172,477
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2018
Closed on
Mar 29, 2019
Sold by
Estate Oe Russell W Gaston
Bought by
Jmac Services Llc
Seller's Agent
Tim Stephens
Era-Montgomery Real Estate
Buyer's Agent
Muffy Gonzalez
CENTURY 21 DUNAGAN ASSOCIATES
List Price
$131,250
Sold Price
$125,000
Premium/Discount to List
-$6,250
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.28%
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Garcia Lopez Elier -- Pioneer Title
Johnson Brian D -- None Available
Jmac Services Llc -- Eddy County Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Lopez Elier $270,019
Previous Owner Johnson Brian D $172,477
Previous Owner Jmac Services Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold -- -- --
01/19/2021 01/19/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $230,000 +75.2% $299 / Sq Ft
03/29/2019 03/29/19 Sold -- -- --
11/15/2018 11/15/18 For Sale $131,250 -- $156 / 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 $1,782 $87,728 $16,517 $71,211
2023 $1,782 $74,251 $16,517 $57,734
2022 $1,515 $74,988 $16,517 $58,471
2021 $840 $42,166 $9,835 $32,331
2020 $849 $42,158 $9,835 $32,323
2019 $640 $31,250 $9,835 $21,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20211509

New Mexico MLS

APN: 4-157-125-224-313