NOT LISTED FOR SALE

203 Archer St Milan, NM 87021

Estimated Value: $96,000 - $312,000

4 Beds
4 Baths
2,200 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 17, 2017

Current estimated payment $1,103/month

536 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Shed
  • No HOA
  • Laundry Room
  • Forced Air Heating System

About This Home

As of May 2017

GREAT investment opportunity at an affordable price!!! 4 units, 1 bed, 1 bath. All apartments have individual laundry facilities, walk in closets, and come with stove and refrigerator. Live in 1, rent the rest. Or, just rent them all! Great for a first time investor or a seasoned pro! Call today to schedule a showing. Must give a minimum of 48 hours notice.

Last Agent to Sell the Property

Heather Porter

RE/MAX ELEGANCE Listed on: 10/16/2015

RE/MAX ELEGANCE

Last Buyer's Agent

Heather Porter

RE/MAX ELEGANCE Listed on: 10/16/2015

RE/MAX ELEGANCE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 1977

Lot Details

  • 7,700

Parking

  • 6 Open Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range
  • Laundry Room

Flooring

  • Wood
  • Brick
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Master Water Meter
  • Gas Water Heater

Additional Features

  • Shed
  • 7,700 Sq Ft Lot

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,177

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Yes, Laundry-Individual
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Conventional
  • Reso Flooring: Brick, Tile, Vinyl
  • Reso Interior Features: Walk-In Closet(s)
  • Unit Levels: Two
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Gas Water Heater
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.1768
  • Construction Type: Floor-Wood, Frame
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 6
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Meters(Electric Separate)
  • Gas: Meters(Gas Separate)
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Water-City, Meters(Water Combined)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7700
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
May 12, 2017
Sold by
Kizer Tammy
Bought by
Dube Mare and Dube Elizabeth
Seller's Agent
Heather Porter
RE/MAX ELEGANCE
Buyer's Agent
Heather Porter
RE/MAX ELEGANCE
List Price
$89,000
Current Estimated Value
$181,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$62,300
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2011
Sold by
Milan Properties Llc and Kizer Tammy
Bought by
Kizer Tammy
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
Dube Mare -- None Available
Kizer Tammy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dube Mare $62,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold -- -- --
04/04/2017 04/04/17 Pending -- -- --
10/16/2015 10/16/15 For Sale $89,000 -- $40 / 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 $1,177 $37,832 $2,767 $35,065
2023 $1,153 $36,730 $2,686 $34,044
2022 $1,113 $35,660 $2,608 $33,052
2021 $1,102 $34,621 $2,532 $32,089
2020 $1,087 $34,621 $2,532 $32,089
2019 $1,076 $34,621 $2,532 $32,089
2018 $1,089 $34,621 $2,532 $32,089
2017 $1,022 $33,613 $2,458 $31,155
2016 $963 $32,633 $2,386 $30,247
2015 $963 $31,684 $2,317 $29,367
2014 $961 $30,763 $2,250 $28,513
2013 -- $29,867 $2,185 $27,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20154890

New Mexico MLS

APN: R19846