Benjamin Gomez
Weichert, Realtors Image
(505) 207-2893
123 Total Sales
1 in Belen
$238,000 Price
1201 S Main St Belen, NM 87002
Belen AreaEstimated Value: $732,000 - $784,016
2
Beds
1
Bath
5,400
Sq Ft
$142/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Ceiling Fan
- Satellite Dish
- Forced Air Heating and Cooling System
- ENERGY STAR Qualified Equipment
- Property has 1 Level
About This Home
As of July 2023Excellent investment opportunity in the heart of Belen, NM. Propery provides 9 units, located just off Main St. The property is fully rented with appealing returns. Current CAP rate of 7.2%. Don't hesitate to move on this one. It won't last long.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,817
Year Built
- Built in 2008
Lot Details
- 0.46
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 5,400 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
Kitchen
- Free-Standing Gas Range
- Range Hood
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Satellite Dish
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment
- 20,038 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 1006027507240000000
Community Details
Overview
- 9 Units
- 5,400 Sq Ft Building
Building Details
- Operating Expense $19,000
- Gross Income $74,100
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2022
Closed on
Jul 14, 2023
Sold by
Bought by
Seller's Agent
The Cavnar Group
ERA Summit
Buyer's Agent
The Cavnar Group
ERA Summit
List Price
$750,000
Views
178
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
2.36%
Purchase Details
Closed on
May 19, 2022
Sold by
Bought by
Purchase Details
Closed on
Feb 9, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belen, NM
-
Benjamin Gomez
-
Henry Padilla
Henry Padilla
Real Broker, LLC
(505) 587-7923
184 Total Sales
2 in Belen
$65K - $175K Price Range
-
Anahi Salcido
Anahi Salcido
Realty One of New Mexico
(505) 636-5564
131 Total Sales
3 in Belen
$186K - $225K Price Range
-
Nicholas Armstrong
Nicholas Armstrong
Keller Williams Realty
(802) 317-8263
38 Total Sales
1 in Belen
$260,000 Price
-
Danielle Martinez
Danielle Martinez
Responds QuicklyRealty One Group Concierge
(505) 358-7351
187 Total Sales
7 in Belen
$50K - $470K Price Range
-
Jason Jenkins
Jason Jenkins
CENTURY 21 Camco Realty
(505) 405-7568
86 Total Sales
1 in Belen
$339,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $715,000 | None Listed On Document | ||
| -- | -- | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $197,300 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2023 07/17/23 | Sold | -- | -- | -- |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $750,000 | 0.0% | $139 / Sq Ft |
| 02/28/2023 02/28/23 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | For Sale | $750,000 | -- | $139 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,026 | $220,056 | $15,000 | $205,056 |
| 2024 | $8,281 | $221,447 | $15,000 | $206,447 |
| 2023 | $5,165 | $134,152 | $16,216 | $117,936 |
| 2022 | $4,817 | $130,245 | $16,216 | $114,029 |
| 2021 | $4,473 | $126,451 | $16,702 | $109,749 |
| 2020 | $2,117 | $122,769 | $16,216 | $106,553 |
| 2019 | $4,411 | $122,769 | $16,216 | $106,553 |
| 2018 | $4,367 | $122,769 | $16,216 | $106,553 |
| 2017 | $4,232 | $119,650 | $16,216 | $103,434 |
| 2016 | $4,059 | $116,165 | $16,216 | $99,949 |
| 2015 | -- | $112,782 | $16,216 | $96,566 |
| 2013 | -- | $106,308 | $16,216 | $90,092 |
| 2011 | -- | $294,549 | $47,232 | $247,317 |
Source: Public Records
Agents Affiliated with this Home
-
The Cavnar Group
Seller's Agent in 2023
The Cavnar Group
ERA Summit
(505) 206-0722
164 Total Sales
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1024314
APN: 1-006-027-507-240-000000
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.
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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