NOT LISTED FOR SALE

240 N 4th St Raton, NM 87740

Estimated Value: $164,000 - $238,000

Studio
-- Bath
2,766 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 28, 2021

Current estimated payment $1,075/month

6 Days on Market

Highlights

  • Pueblo Architecture
  • Separate Outdoor Workshop
  • Carpet
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Ripley Park

About This Home

As of January 2021

Great investment opportunity! Priced to sell, corner lot 4 units, one studio, 2 1 bedroom units in separate building and 2 story 2 bedroom . Non attached garage or workshop. Walking distance to downtown Raton, coffee shop, library, post office , train station and more! One unit currently rented, the other 3 are ready to rent! Updated appliances in two units.

Last Agent to Sell the Property

Wendy Mileta

REALTY ONE OF NEW MEXICO - RATON License #19831 Listed on: 12/05/2020

REALTY ONE OF NEW MEXICO - RATON

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,049 Sq Ft Lot
  • Irregular Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Pueblo Architecture
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1135186205186

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Pueblo/SW
  • Reso Flooring: Carpet, Laminate, Vinyl
  • Unit Levels: Two
  • Reso Other Structures: Workshop
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal, Shingle
  • Acres: 0.1618
  • Construction Type: Frame, Stucco

Garage/Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Water-City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7049
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 1135186205186
  • 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
Dec 5, 2020
Closed on
Jan 28, 2021
Sold by
Pcn Investments Llc
Bought by
Bryant Nathan J
Seller's Agent
Wendy Mileta
REALTY ONE OF NEW MEXICO - RATON
List Price
$84,900
Current Estimated Value
$183,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
Original Mortgage
$63,675
Outstanding Balance
$51,015
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$132,378

Purchase Details

Listed on
Sep 12, 2020
Closed on
Oct 2, 2020
Sold by
Simmons Billy W and Simmons Alice J
Bought by
Pcn Investments Llc
Seller's Agent
Wendy Mileta
REALTY ONE OF NEW MEXICO - RATON
Buyer's Agent
Wendy Mileta
REALTY ONE OF NEW MEXICO - RATON
List Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
627.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bryant Nathan J -- None Available
Pcn Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Nathan J $63,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2021 01/28/21 Sold -- -- --
12/11/2020 12/11/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $84,900 +54.4% $31 / Sq Ft
10/05/2020 10/05/20 Sold -- -- -- View Prior Sale
09/13/2020 09/13/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $55,000 -- $20 / 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
2025 $1,509 $55,082 $2,350 $52,732
2024 $1,489 $53,478 $2,350 $51,128
2023 $1,197 $51,921 $2,350 $49,571
2022 $1,157 $50,409 $2,350 $48,059
2021 $1,153 $50,409 $2,350 $48,059
2020 $1,163 $50,409 $2,350 $48,059
2019 $1,152 $50,409 $2,350 $48,059
2018 $1,032 $50,409 $2,350 $48,059
2017 $951 $50,409 $2,350 $48,059
2015 -- $50,408 $2,350 $48,058
2013 -- $53,884 $3,290 $50,594
Source: Public Records

Agents Affiliated with this Home

  • Wendy Mileta

    Seller's Agent in 2021

    Wendy Mileta

    REALTY ONE OF NEW MEXICO - RATON

    (575) 707-1662

    276 in this area

    325 Total Sales

    Wendy Mileta
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Map

Source: New Mexico MLS

MLS Number: 20205511

New Mexico MLS

APN: 12001

New Mexico Colfax County Raton 87740

240 N 4th St, Raton, NM

Not Listed for Sale

MultiFamily

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