NOT LISTED FOR SALE

Estimated Value: $414,898 - $445,000

3 Beds
2 Baths
2,220 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 3074 Chippewa Summit, Las Cruces, NM 88011 and is currently estimated at $429,949, approximately $193 per square foot. 3074 Chippewa Summit is a home located in Dona Ana County with nearby schools including Desert Hills Elementary School, Camino Real Middle School, and Organ Mountain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Flair Homes Inc
Bought by
Flair Homes Inc
Current Estimated Value
$429,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,060,923
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$10,627,216

Purchase Details

Closed on
Jul 16, 2021
Sold by
Binns Ltd Co 1634047
Bought by
Organ Peak Homes Llc

Purchase Details

Closed on
Sep 23, 2014
Sold by
Carrasco Omar
Bought by
Heiden Steven J and Heiden Lidna R

Purchase Details

Closed on
Dec 26, 2007
Sold by
Binns Ltd Co
Bought by
Carrasco Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Flair Homes Inc -- Great Western Abstract & Ttl
Organ Peak Homes Llc -- Dona Ana Title Company
Heiden Steven J -- Bueno Title
Carrasco Omar -- Dona Ana Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flair Homes Inc $12,000,000
Previous Owner Carrasco Omar $250,500
Previous Owner Carrasco Omar $266,000
Previous Owner Carrasco Omar $214,400
Previous Owner Carrasco Omar $214,400
Source: Public Records

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 $3,008 $104,761 $18,984 $85,777
2023 $2,960 $101,710 $18,542 $83,168
2022 $2,909 $98,747 $17,784 $80,963
2021 $2,809 $95,871 $17,049 $78,822
2020 $2,736 $93,080 $16,336 $76,744
2019 $2,658 $90,369 $15,643 $74,726
2018 $2,560 $87,736 $14,970 $72,766
2017 $2,349 $87,736 $14,970 $72,766
2016 $2,307 $85,181 $14,317 $70,864
2015 $1,123 $248,100 $41,700 $206,400
2014 $1,154 $236,500 $44,200 $192,300
Source: Public Records

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