$187,500

1240 1st St Las Vegas, NM 87701

Estimated payment $1,118/month

Total Views 426
3 Beds
2 Baths
1,330 Sq Ft
$141 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Private Entrance
  • Deck
  • Double Pane Windows
  • South Facing Home

About This Home

Cozy 3 bedroom 2 bath home, centrally located on a quiet street, with convenient access to everything. Home has recent upgrades and is move in ready. A great find and deal in Las Vegas. Call for a showing today!

Listing Agent

Julian F. Barela

New Mexico RE Investments, LLC License #19024 Listed on: 09/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1954

Lot Details

  • 6,926 Sq Ft Lot
  • South Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Property is zoned Out of MLS Area

Home Design

  • Metal Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0085340

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I25 to University Avenue Exit - Turn Right on Grand Avenue and Left on 1st St to 1240 1st St on the right.
  • Listing Contract Date: 2025-09-12
  • Year Built: 1954
  • Lot Size Acres: 0.16
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Refrigerator
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1330.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Deck, Fence, Private Entrance
  • Roof: Metal
  • Fencing: Back Yard
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Direction Faces: South
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Utilities

  • Heating: Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Heating Yn: Yes
  • Sewer: Public Sewer

Green Features

  • Green Power: None

Lot Info

  • Zoning: Out of MLS Area
  • Land Lease: No
  • Lot Size Sq Ft: 6926.04
  • Parcel #: R0085340
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1426.42

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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
2025 $1,385 $48,454 $10,135 $38,319
2024 $1,385 $47,042 $9,839 $37,203
2023 $1,357 $45,672 $9,839 $35,833
2022 $1,338 $45,672 $9,839 $35,833
2021 $1,012 $34,832 $10,069 $24,763
2020 $1,005 $33,817 $9,775 $24,042
2019 $973 $33,817 $9,775 $24,042
2018 $942 $32,833 $9,609 $23,224
2017 $440 $31,877 $9,329 $22,548
2013 $842 $29,169 $8,536 $20,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $187,500 +34.0% $141 / Sq Ft
05/24/2021 05/24/21 Sold -- -- --
02/03/2021 02/03/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $139,900 -- $106 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $139,900 --
Grant Deed -- --
Source: Public Records

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

MLS Number: 1091340

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 85340