NOT LISTED FOR SALE

1408 Highway 116 Belen, NM 87002

Belen Area

Estimated Value: $355,000 - $386,000

3 Beds
2 Baths
1,953 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 1408 Highway 116, Belen, NM 87002 and is currently estimated at $373,493, approximately $191 per square foot. 1408 Highway 116 is a home located in Valencia County with nearby schools including Belen Middle School, Belen High School, and St. Mary's School.

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

Closed on
Apr 14, 2026
Sold by
Bought by
Current Estimated Value
$373,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$362,573
Interest Rate
6%
Mortgage Type
FHA
Estimated Equity
$10,920

Purchase Details

Closed on
Jun 11, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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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

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
-- First American Title
-- First American Title
-- None Listed On Document
-- None Listed On Document
-- First American Title
-- None Listed On Document
-- None Available
-- None Available
-- Grande Title Co
-- --
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
Open $363,298
Previous Owner $250,000
Previous Owner $267,000
Source: Public Records

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 $3,126 $88,238 $12,506 $75,732
2024 $2,628 $88,591 $12,506 $76,085
2023 $1,730 $57,722 $13,205 $44,517
2022 $1,569 $56,065 $13,201 $42,864
2021 $1,431 $54,456 $13,197 $41,259
2020 $1,402 $52,895 $13,194 $39,701
2019 $1,358 $51,379 $13,194 $38,185
2018 $1,347 $51,379 $13,194 $38,185
2017 $1,305 $50,301 $13,194 $37,107
2016 $1,297 $48,861 $13,194 $35,667
2015 -- $47,462 $13,194 $34,268
2013 -- $44,786 $13,194 $31,592
2011 -- $130,518 $38,502 $92,016
Source: Public Records

Map

New Mexico Valencia County Belen 87002

1408 Highway 116, Belen, NM

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.

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