NOT LISTED FOR SALE

1501 E Griggs Ave Las Cruces, NM 88001

East Side Las Cruces Neighborhood

Estimated Value: $234,000 - $238,145

5 Beds
3 Baths
1,600 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 31, 2022

Current estimated payment $1,429/month

212 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Fenced Front Yard

About This Home

As of May 2022

Beautiful quaint, centrally located C2 zoned property in great location with excellent rental history.Adobe Duplex - recently remodeled, located in the center of town next to a business district. The building is metered separately with lots of off-street parking. The property in addition has a third 100-amp electrical meter located in the opposite side of the duplex. It includes the following:Unit A - $700/Mnth 2-bed/1 bath renovated less than 5 years ago. It includes new energy efficient noise cancelation windows, paint tiled floors and bathroom with a privacy wall and enclosed chain linked patio area. Replaced central air and appliances, this includes washer and dryer hook ups, 3 years old. Unit B - $900/Mnth 3bed/2bath renovated less than 3 years ago. Saltillo tile, 2 rooms with wooden vigas, noise canceling windows, new kitchen cabinet and counter tops, Hand textured walls and ceilings. Fans in every room. All light fixtures outlets and switches have been replaced.

Last Agent to Sell the Property

John Mercer

Rethink Real Estate, LLC License #54010 Listed on: 09/20/2021

Last Buyer's Agent

John Mercer

NM Realtors Group License #54010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1949

Lot Details

  • 5,909 Sq Ft Lot
  • Fenced Front Yard
  • Chain Link Fence

Parking

  • Paved Parking

Home Design

  • Duplex
  • Gable Roof Shape
  • Pitched Roof
  • Shingle Roof
  • Stucco
  • Adobe

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Dean Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-008-135-116-096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,050

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1949
  • Co List Office Mls Id: LCNRET
  • Subdivision Name: Dean Subdivision
  • Directions: Located on NW corner of Griggs and Solano.
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 5

Exterior Features

  • Roof: Pitched, Shingle, Gable/Hip
  • Acres: 0.14
  • Construction Type: Adobe, Stucco, Block

Garage/Parking

  • Parking Features: Paved Area

Utilities

  • Heating: Gas
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-008-135-116-096
  • Fencing: Chain Link, Side, Front Yard
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 5909

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
May 20, 2022
Sold by
Polanco Luis H
Bought by
Wiles Grat
Seller's Agent
John Mercer
Rethink Real Estate, LLC
Buyer's Agent
John Mercer
NM Realtors Group
List Price
$199,682
Current Estimated Value
$236,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,937
Outstanding Balance
$173,347
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$53,558

Purchase Details

Listed on
Sep 14, 2016
Closed on
Dec 1, 2016
Sold by
Bulger Enterprises Llc
Bought by
Polanco Luis H
Seller's Agent
Elias Elizaldez
EXIT Realty Horizons
Buyer's Agent
Elias Elizaldez
EXIT Realty Horizons
List Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
3.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wiles Grat -- Southwestern Abstract
Polanco Luis H -- Dona Ana Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiles Grat $180,937
Previous Owner Polanco Luis H $112,800
Previous Owner Polanco Luis H $61,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
12/24/2023 12/24/23 Off Market -- -- --
08/29/2022 08/29/22 Off Market -- -- --
05/31/2022 05/31/22 Sold -- -- --
04/20/2022 04/20/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $199,682 0.0% $125 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $199,682 0.0% $125 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $199,682 0.0% $125 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $199,682 +122.1% $125 / Sq Ft
03/05/2021 03/05/21 Off Market -- -- --
12/05/2016 12/05/16 Sold -- -- --
09/26/2016 09/26/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $89,900 -- $57 / 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 $2,050 $67,293 $8,333 $58,960
2023 $2,021 $65,333 $8,333 $57,000
2022 $863 $27,500 $8,333 $19,167
2021 $860 $27,500 $8,333 $19,167
2020 $864 $27,500 $8,333 $19,167
2019 $866 $27,500 $8,333 $19,167
2018 $861 $27,500 $8,333 $19,167
2017 $790 $27,500 $8,333 $19,167
2016 $687 $23,600 $7,800 $15,800
2015 $692 $70,848 $23,447 $47,401
2014 $681 $69,800 $23,100 $46,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Mercer

    Rethink Real Estate, LLC

  • Elias Elizaldez

    Seller's Agent in 2016

    Elias Elizaldez

    EXIT Realty Horizons

    (575) 915-2999

    6 in this area

    201 Total Sales

    Elias Elizaldez
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Map

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

MLS Number: 2102976

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

APN: 02-10221

New Mexico Dona Ana County Las Cruces 88001 East Side Las Cruces

1501 E Griggs Ave, Las Cruces, NM

This home is located at 1501 E Griggs Ave, Las Cruces, NM 88001 since 20 September 2021 and is currently estimated at $236,073, approximately $147 per square foot. This property was built in 1949. 1501 E Griggs Ave is a home located in Dona Ana County with nearby schools including Hermosa Heights Elementary School, Lynn Middle School, and Centennial High School.

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.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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