NOT LISTED FOR SALE

1305 S Lea Ave Roswell, NM 88203

Estimated Value: $64,000 - $138,826

2 Beds
1 Bath
901 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 08, 2024

Current estimated payment $738/month

23 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Early College High School Rated A
  • Refrigerated Cooling System
  • Heating Available

About This Home

As of July 2024

Discover the hidden gem of this stunningly done house at 1305 S Lea Ave, Roswell, NM: a unique property offering two houses on a single lot. The fully renovated front house is move-in ready and welcomes all with a covered porch, perfect for relaxation in the evening. Featuring 2 bedrooms, 1 bath, hardwood floors, butcher block countertops, and a stylishly updated bathroom to give an open and peaceful feeling the moment you enter. Step outside to a tall fenced backyard—perfect for privacy and outdoor enjoyment with more than enough space for all your outdoor needs and wants. The back house, also on the property, provides excellent rental income opportunities with minor needed renovations and a little TLC nothing is impossible, making this a prime investment. Not to forget the storage/workshop attached to second house, perfect for anything you might need. Located near key attractions, this is an ideal choice for both investors and homeowners seeking versatility and comfort.

Last Agent to Sell the Property

Bella Wright

Dynamic Properties Of New Mexico License #54478 Listed on: 05/21/2024

Last Buyer's Agent

HEIDI BILLS

Keller Williams Roswell License #52977

Keller Williams Roswell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1948

Lot Details

  • 6,840 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Bungalow
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 901 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Valley View Elementary School
  • Roswell High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • South Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4135063383051000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: South on main, west on mcgaffey, south on lea, left side of road going south towards roswell high.
  • New Construction: No
  • Year Built: 1948
  • Prop. Type: Residential
  • Subdivision Name: South Highlands
  • Architectural Style: Bung-a-low
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle, Down Sprouts
  • Fencing: Back Yard, Wood
  • Acres: 0.157
  • Construction Type: Floor-Wood, Frame, Metal Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Electric, Refrigerated, Other (see Remarks)
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valley View
  • Ninth Grade High School: Roswell High

Lot Info

  • Lot Size Sq Ft: 6840
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4135063383051000000
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1097.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 8, 2024
Sold by
Garant Erik and Meyer Annalyse
Bought by
Patzer Jennifer D
Seller's Agent
Bella Wright
Dynamic Properties Of New Mexico
Buyer's Agent
HEIDI BILLS
Keller Williams Roswell
List Price
$140,000
Sold Price
$138,000
Premium/Discount to List
-$2,000
-1.43%
Total Days on Market
23
Views
49
Current Estimated Value
$115,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,293
Avg. Annual Appreciation
-17.78%

Purchase Details

Listed on
Oct 14, 2022
Closed on
Apr 24, 2023
Sold by
Lam Ha V and Lam Phuong M
Bought by
Garant Erik and Meyer Annalyse
Seller's Agent
NATHANIEL ORTEGA
Keller Williams Roswell
Buyer's Agent
Venessa Ruiz
Keller Williams Roswell
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.22%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Acosta Carlos C and Acosta Sherrie B
Bought by
Lam Ha V and Chau Phuong M

Purchase Details

Closed on
Mar 27, 2006
Sold by
Salas Ralph L
Bought by
Acosta Carlos C and Acosta Sherry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Patzer Jennifer D -- None Listed On Document
Garant Erik -- None Listed On Document
Lam Ha V -- None Available
Acosta Carlos C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Carlos C $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold -- -- --
06/13/2024 06/13/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $140,000 0.0% $155 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $140,000 +57.3% $155 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/13/2023 04/13/23 Sold -- -- --
10/14/2022 10/14/22 For Sale $89,000 -- $99 / 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
2025 $1,063 $45,696 $1,933 $43,763
2024 $1,063 $39,079 $1,933 $37,146
2023 $425 $15,154 $1,818 $13,336
2022 $409 $14,713 $1,795 $12,918
2021 $406 $14,284 $1,742 $12,542
2020 $394 $13,868 $1,666 $12,202
2019 $382 $13,465 $1,596 $11,869
2018 $370 $13,073 $1,543 $11,530
2017 $356 $12,692 $1,500 $11,192
2016 $366 $13,161 $1,500 $11,661
2015 $413 $13,491 $1,500 $11,991
2014 $833 $13,614 $1,500 $12,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20242958

New Mexico MLS

APN: R021819