NOT LISTED FOR SALE

Estimated Value: $228,168 - $269,000

4 Beds
2 Baths
1,725 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 21, 2016

Current estimated payment $1,489/month

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Evaporated cooling system
  • Brick Veneer

About This Home

As of November 2016

Great investment property. Over 95% occupancy. Rate of return is outstanding. New roof this year. Each unit has its own yard and off-street parking. Front unit has been recently upgraded. Rear unit has been continually occupied since 2007. It has had no upgrades since then.

Last Agent to Sell the Property

John Daniel

Campbell Real Estate License #18407 Listed on: 09/24/2016

Last Buyer's Agent

John Daniel

Campbell Real Estate License #18407 Listed on: 09/24/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Lot Details

  • 6,826 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence

Parking

  • Paved Parking

Home Design

  • Duplex
  • Brick Veneer
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R0203774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Co List Office Mls Id: LCNCRE
  • Directions: East on Madrid, left on Desert Dr. or from Main, east on Camino Del Rex, right on Desert Dr. d
  • Special Features: None

Interior Features

  • Appliances: Disposal, Range/Oven, Refrigerator

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.16
  • Construction Type: Brick Veneer, Frame

Garage/Parking

  • Parking Features: Paved Area

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: R0203774
  • Fencing: Block, Chain Link
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 6826

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Roberta A Welch Family Trust
Bought by
Boyd Lee Welch Revocable Trust
Current Estimated Value
$248,584

Purchase Details

Listed on
Sep 24, 2016
Closed on
Nov 10, 2016
Sold by
Raub Pat W and Raub David S
Bought by
Welch Roberta A and Thr Roberta A Welch Family Trust
Seller's Agent
John Daniel
Campbell Real Estate
Buyer's Agent
John Daniel
Campbell Real Estate
List Price
$129,900

Purchase Details

Closed on
Dec 22, 2006
Sold by
Wheeler Gerald D and Wheeler Sondra Ann
Bought by
Raub David S and Raub Pat W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.31%
Mortgage Type
Purchase Money 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
Boyd Lee Welch Revocable Trust -- Dona Ana Title Company
Welch Roberta A -- Southwestern Abstract & Titl
Raub David S -- Southwestern Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raub Pat W $96,000
Previous Owner Raub David S $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
11/21/2016 11/21/16 Sold -- -- --
09/29/2016 09/29/16 Pending -- -- --
09/24/2016 09/24/16 For Sale $129,900 -- $75 / 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 $1,638 $53,771 $10,000 $43,771
2023 $1,615 $52,205 $10,000 $42,205
2022 $1,403 $44,736 $10,000 $34,736
2021 $1,358 $43,433 $10,000 $33,433
2020 $1,365 $43,433 $10,000 $33,433
2019 $1,368 $43,433 $10,000 $33,433
2018 $1,360 $43,433 $10,000 $33,433
2017 $1,248 $43,433 $10,000 $33,433
2016 $1,168 $40,100 $10,167 $29,933
2015 $1,174 $120,278 $30,450 $89,828
2014 $1,156 $118,500 $30,000 $88,500
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: 1602612

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

APN: 02-03774