$299,000
SOLD MAY 28, 2025
Last list price

1510 W Yucca Ave Artesia, NM 88210

3 Beds
1 Bath
3,150 Sq Ft
3,125 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Artesia Park Junior High School Rated 10
  • Heating Available

About This Home

As of May 2025

Excellent investment opportunity** in Artesia with this 100% fully occupied 4-unit multifamily property featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom units, all equipped with mini-split HVAC systems and appliances that convey with the sale; Units have been recently updated with potential for further improvements, offering a strong combination of current income and long-term value-add opportunity; A shared covered patio by the front doors provides a comfortable seating area for tenants; **Listed below appraised value** this property offers immediate cash flow with below-market rents and room to raise rates; Landlord-paid utilities are limited to water, trash, and sewer, keeping operating costs low while tenants cover all other utilities; Property has been well maintained, making this a rare opportunity to acquire a solid investment in a stable rental market; Don't miss your chance to acquire a value-add asset in a steady rental market.

Last Agent to Sell the Property

Karen S Miller

HARWELL & ASSOCIATES REAL ESTATE License #47241 Listed on: 04/09/2025

Last Buyer's Agent

ALYSSA PALOMIN

Century 21 Black Gold License #54792

Century 21 Black Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $571

Lot Details

  • 3,125 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Membrane Roofing
  • Stucco

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Yucca Elementary School
  • Zia Middle School
  • Artesia High School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Vaswood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4151098424375 &4151098419375

Home Details

Home Type

Single Family

Est. Annual Taxes

$571

Lot Details

0

Listing Details

  • Directions: From 13th & Main go North on 13th, Turn West on Yucca apartment building is on the North side of street.
  • New Construction: No
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: Vaswood
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Membrane
  • Acres: 0.0717
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Cable Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Yucca
  • Ninth Grade High School: Artesia High School
  • Middle Or Junior School: Zia

Lot Info

  • Lot Dimensions: 55 x 116.90 & 55 x 116.90 (2 Lot)
  • Lot Size Sq Ft: 3124.5325
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4151098424375 &4151098419375
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Year: 2024
  • Tax Annual Amount: 571

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 28, 2025
Sold by
Catano Real Estate Holdings Llc
Bought by
Morales Investments Llc
Seller's Agent
Karen S Miller
HARWELL & ASSOCIATES REAL ESTATE
Buyer's Agent
ALYSSA PALOMIN
Century 21 Black Gold
List Price
$299,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.34%
Original Mortgage
$280,178
Outstanding Balance
$273,143
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$127,407

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 22, 2025
Sold by
Stovall Darrell G
Bought by
Catano Real Estate Holdings Llc
Seller's Agent
Karen S Miller
HARWELL & ASSOCIATES REAL ESTATE
Buyer's Agent
ALYSSA PALOMIN
Century 21 Black Gold
List Price
$299,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,178
Outstanding Balance
$273,143
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
-$127,407
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 Type Sale Price Title Company
Warranty Deed -- Guaranty Title
Warranty Deed -- Guaranty Title
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,178 New Conventional
Closed $280,178 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold -- -- --
04/18/2025 04/18/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $299,000 -- $95 / 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
2024 $571 $25,291 $1,413 $23,878
2023 $571 $24,555 $1,377 $23,178
2022 $597 $23,840 $1,168 $22,672
2021 $597 $23,146 $965 $22,181
2020 $594 $23,146 $965 $22,181
2019 $590 $23,146 $965 $22,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20252065

New Mexico MLS

APN: 4-151-098-424-375