NOT LISTED FOR SALE

1240 E Mesa Ave Las Cruces, NM 88001

Estimated Value: $231,000 - $238,564

4 Beds
3 Baths
2,070 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 29, 2014

Current estimated payment $1,390/month

293 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Wood Fence
  • Forced Air Heating System

About This Home

As of August 2014

Great investment opportunity just a stones throw from the University. 3 units, A is a 2 bedroom 1 bath with a large family room and a kitchen and a large fenced yard, B is a 1 bedroom and 1 bath, galley kitchen and a living room and a small yard, C is a 1 bedroom and 1 bath with a smaller kitchen and a small living room and a fenced yard. A & B have washer/dryer hook ups. All units have refrigerators. Always rented!

Last Agent to Sell the Property

Margy Brown

ERA Sellers & Buyers Real Estate License #17315 Listed on: 09/16/2013

Last Buyer's Agent

Margy Brown

ERA Sellers & Buyers Real Estate License #17315 Listed on: 09/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,256

Lot Details

  • 8,100 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Triplex
  • Pitched Roof
  • Stucco

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Oven or Range
  • 3 Bathrooms

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,256

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Co List Office Mls Id: LCNERA
  • Directions: Solano to Mesa
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Roof: Pitched
  • Acres: 0.19
  • Construction Type: Stucco

Utilities

  • Heating: Forced Air, Gas
  • Cooling: Evaporative Central

Condo/Co-op/Association

  • Association: No

Lot Info

  • Fencing: Chain Link, Wood
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 8100

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Aug 1, 2014
Sold by
Jackson Wesley
Bought by
Rimi Flippo
Seller's Agent
Margy Brown
ERA Sellers & Buyers Real Estate
Buyer's Agent
Margy Brown
ERA Sellers & Buyers Real Estate
List Price
$162,000
Current Estimated Value
$234,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Outstanding Balance
$38,094
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$180,871

Purchase Details

Closed on
Aug 29, 2006
Sold by
Seifers Gene L and Seifers Shawn M
Bought by
Jackson Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2006
Sold by
Jackson Wesley
Bought by
Seifers Gene L and Seifers Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2006
Sold by
Jackson Wesley
Bought by
Seifers Gene L and Seifers Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 1998
Sold by
Dean James W and Dean Gloria L
Bought by
Horst Timothy R and Horst Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Rimi Flippo -- Dona Ana Title Co
Jackson Wesley -- None Available
Seifers Gene L -- None Available
Seifers Gene L $165,000 --
Horst Timothy R $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rimi Flippo $111,750
Previous Owner Seifers Gene L $145,000
Previous Owner Horst Timothy R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
08/29/2014 08/29/14 Sold -- -- --
07/06/2014 07/06/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $162,000 -- $78 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

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 $1,256 $41,241 $8,333 $32,908
2023 $1,238 $40,040 $8,333 $31,707
2022 $1,219 $38,874 $8,333 $30,541
2021 $1,215 $38,874 $8,333 $30,541
2020 $1,196 $38,077 $8,333 $29,744
2019 $1,165 $36,968 $8,333 $28,635
2018 $1,124 $35,891 $8,333 $27,558
2017 $1,032 $35,891 $8,333 $27,558
2016 $1,046 $35,900 $8,333 $27,567
2015 $1,054 $108,000 $25,000 $83,000
2014 $952 $97,600 $17,400 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 1302588

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

APN: 02-13218