NOT LISTED FOR SALE

Estimated Value: $296,000 - $538,867

12 Beds
8 Baths
5,230 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 11, 2019

Current estimated payment $2,470/month

47 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Fenced Front Yard
  • Forced Air Heating System

About This Home

As of July 2019

An investment property that has a total of seven units. There is one single family four bedroom home and six apartments. There is a need for some tender loving care for the this 7 unit property. Once repairs are completed the up side is good income.

Last Agent to Sell the Property

Kerry Smock

Keller Williams Realty License #19099 Listed on: 03/21/2019

Last Buyer's Agent

Anela Borrego-Flores

Keller Williams Realty License #49132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • Fenced Front Yard
  • Wood Fence
  • Chain Link Fence

Home Design

  • Flat Roof Shape
  • Pitched Roof
  • Shingle Roof
  • Stucco

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Additional Features

  • Oven or Range
  • 12 Bedrooms

Community Details

  • No Home Owners Association
  • 7 Units
  • Villa Mora Urban Renewal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-007-134-186-163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Apartment Complex
  • Property Type: Residential Income
  • Year Built: 1973
  • Co List Office Mls Id: LCNKWIL
  • Subdivision Name: Villa Mora Urban Renewal
  • Directions: N. Solano Drive turn West onto Oasis Avenue; property is at end of street on N. Mesquite
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 12

Exterior Features

  • Roof: Flat, Pitched, Shingle
  • Acres: 0.35
  • Construction Type: Block, Stucco

Garage/Parking

  • Parking Features: Paved Area, Street Parking

Utilities

  • Heating: Forced Air
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-007-134-186-163
  • Fencing: Chain Link, Front Yard, Wood
  • Lot Dimensions: .25 to .50 AC
  • Lot Size Sq Ft: 15404

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jul 10, 2019
Sold by
Spectrum Opportunity Partners
Bought by
Seven Rentals
Seller's Agent
Kerry Smock
Keller Williams Realty
Buyer's Agent
Anela Borrego-Flores
Keller Williams Realty
List Price
$345,000
Current Estimated Value
$418,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 11, 2016
Sold by
Mesquite Realty Company Llc
Bought by
Akbari Shahmirzadi Nancy

Purchase Details

Closed on
Nov 4, 2013
Sold by
Mesquite Realty Co Llc
Bought by
Akbari Shahmirzadi Nancy

Purchase Details

Closed on
Mar 17, 2005
Sold by
Akbari Nancy and Akbari Ahmad S
Bought by
Mesquite Realty Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 10, 2005
Sold by
Green Tree Servicing Llc
Bought by
Akbari Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.67%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Seven Rentals -- Bueno Title
Akbari Shahmirzadi Nancy -- None Available
Akbari Shahmirzadi Nancy -- None Available
Mesquite Realty Co Llc -- --
Akbari Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seven Rentals Llc $610,000
Closed Seven Rentals $225,000
Previous Owner Mesquite Realty Co Llc $180,000
Previous Owner Mesquite Realty Company Llc $180,000
Previous Owner Mesquite Realty Co Llc $180,000
Previous Owner Akbari Nancy $180,000
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 -- -- --
03/05/2021 03/05/21 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
07/11/2019 07/11/19 Sold -- -- --
05/07/2019 05/07/19 Pending -- -- --
04/19/2019 04/19/19 Price Changed $325,000 -5.8% $62 / Sq Ft
03/21/2019 03/21/19 For Sale $345,000 -13.8% $66 / Sq Ft
06/13/2016 06/13/16 Sold -- -- --
04/15/2016 04/15/16 Pending -- -- --
06/30/2014 06/30/14 For Sale $400,000 -- $82 / 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 $2,175 $71,392 $8,333 $63,059
2023 $2,144 $69,313 $8,333 $60,980
2022 $2,174 $69,313 $8,333 $60,980
2021 $2,151 $68,800 $8,333 $60,467
2020 $2,162 $68,800 $8,333 $60,467
2019 $2,035 $64,583 $8,333 $56,250
2018 $2,022 $64,583 $8,333 $56,250
2017 $1,856 $64,583 $8,333 $56,250
2016 $1,130 $38,800 $4,667 $34,133
2015 $1,136 $116,400 $14,000 $102,400
2014 $1,136 $116,400 $14,000 $102,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1900822

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

APN: 02-04462