NOT LISTED FOR SALE

1520 N Lea St Clovis, NM 88101

Estimated Value: $224,000 - $336,000

3 Beds
-- Bath
3,496 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 02, 2020

Current estimated payment $1,600/month

55 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Clovis High School Freshman Academy Rated A-

About This Home

As of November 2020

Great investment property. Money Maker! This is 4-plex building. one bed/one bath two bed/one bath two bed/two bath three bed/ 2 bath. Every unit has carport and storage. All units have central heat/air. Gas heat - tenants pay all bills except sewer & garbage. Owner keeps yard. Three units currently rented for $600 month - three bedroom is rented for $700. Total rent income is $2500 month.

Last Agent to Sell the Property

Mel Duffield

SOUTHWEST REAL ESTATE License #49887 Listed on: 07/29/2020

Last Buyer's Agent

GAYLA BRUMFIELD

Tbg Realtors License #9633

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 1973

Interior Spaces

  • 3 Bedrooms
  • 3,496 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Covered Parking
  • Open Parking

Additional Features

  • Irregular Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number 121201102633200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,348

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1973
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator
  • Total Bedrooms: 3
  • Stories: 1

Garage/Parking

  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 121201102633200

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2348.2

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2500
  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Othman Ahmad
Bought by
Al-Melek Of Clovis Llc
Current Estimated Value
$274,055

Purchase Details

Listed on
Jul 29, 2020
Closed on
Nov 2, 2020
Sold by
Jones Kenneth A and Jones Jo M
Bought by
Abmad Othman
Seller's Agent
Mel Duffield
SOUTHWEST REAL ESTATE
Buyer's Agent
GAYLA BRUMFIELD
Tbg Realtors
List Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Jan 1, 2005
Bought by
Jones Kenneth A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Al-Melek Of Clovis Llc -- Curry Cnty Abstract & Title Co
Abmad Othman -- --
Jones Kenneth A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold -- -- --
09/22/2020 09/22/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $300,000 -- $86 / Sq Ft
Source: New Mexico MLS

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 $2,280 $90,246 $2,913 $87,333
2024 $2,195 $87,619 $2,829 $84,790
2023 $0 $77,672 $2,747 $74,925
2022 $1,901 $75,410 $2,667 $72,743
2021 $1,724 $73,215 $2,590 $70,625
2020 $1,684 $71,083 $2,515 $68,568
2019 $1,631 $69,013 $2,442 $66,571
2018 $1,573 $67,004 $2,371 $64,633
2017 $1,454 $65,053 $2,302 $62,751
2016 $1,454 $63,159 $2,235 $60,924
2015 $1,400 $61,320 $2,170 $59,150
2014 $1,350 $59,535 $2,107 $57,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20203328

New Mexico MLS

APN: 121201102633200

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