NOT LISTED FOR SALE

309 Richard Dr Las Cruces, NM 88007

Estimated Value: $206,000

4 Beds
2 Baths
1,508 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 25, 2024

Current estimated payment $1,264/month

80 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Stone Wall
  • Forced Air Heating System

About This Home

As of April 2024

Exceptional Investment Opportunity! This duplex boasts two units, each with 2 bedrooms and 1 bath, ideal for families or savvy investors. One unit was recently upgraded with new countertops, stainless steel appliances, and a custom backsplash, along with a fully renovated bathroom.With a spacious .39 ac lot, the property has the potential to add covered parking, and possibly additional unit(s) (buyer to verify). Current rent is below market value. Don't miss out on this versatile property with room to grow. Schedule a showing today and envision the possibilities of making this duplex your dream home or investment!

Last Agent to Sell the Property

Kent Davies

EXIT Realty Horizons License #51009 Listed on: 12/06/2023

EXIT Realty Horizons

Co-Listed By

Bertram Davies

EXIT Realty Horizons License #54555

Last Buyer's Agent

Perla Arroyos

BHGRE Steinborn & Associates License #53734

BHGRE Steinborn & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1980

Lot Details

  • 0.39 Acre Lot
  • Stone Wall

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Paved Parking
  • On-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Alameda Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-006-133-373-425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,709

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1980
  • Co List Office Mls Id: LCNEXIT
  • Co List Office Phone: (575) 532-5678
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: Alameda Estates
  • Directions: Head North on Solano, when at the light at the three crosses, go through the light and stay left onto Dona Ana Road. Proceed through the next light and go around the curve. Richard Dr. will be on your right. 309 Richard is on the east corner of the cul-de-sac on the right side of the street.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.39
  • Construction Type: Frame, Stucco

Garage/Parking

  • Parking Features: Paved Area, Street Parking

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-006-133-373-425
  • Fencing: Rock
  • Lot Dimensions: .25 to .50 AC
  • Lot Size Sq Ft: 16988

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Apr 22, 2024
Sold by
Woldman Robert Lloyd and Duvall Kelly Lynn
Bought by
Juarer Fernanda
Seller's Agent
Kent Davies
EXIT Realty Horizons
Buyer's Agent
Perla Arroyos
BHGRE Steinborn & Associates
List Price
$210,000
Views
348
Current Estimated Value
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$156,004
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$49,996

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 23, 2022
Sold by
Owen Richard N
Bought by
Woldman Robert Lloyd and Duvali Kelly Lynn
Seller's Agent
Cindy Bennett
The Real Estate Firm
Buyer's Agent
Bertram Davies
EXIT Realty Horizons
List Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 27, 2008
Sold by
Miller Guy and Miller Angelina
Bought by
Owen Richard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2005
Sold by
Miller Guy S and Miller Angelina
Bought by
The Guy & Angelina Miller Family Trust

Purchase Details

Closed on
Apr 28, 2005
Sold by
Smith John D and Smith Diana L
Bought by
Miller Guy S and Miller Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 10, 2002
Sold by
Housing Authority Of The City Of Las Cru
Bought by
Smith John D and Smith Diana L
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
Juarer Fernanda -- Bueno Title
Woldman Robert Lloyd -- Dona Ana Title Company
Owen Richard N -- Las Cruces Abstract & Title
The Guy & Angelina Miller Family Trust -- Southwestern Abstract & Titl
Miller Guy S -- Southwestern Abstract & Titl
Smith John D -- Southwestern Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarer Fernanda $157,500
Previous Owner Woldman Robert Lloyd $124,500
Previous Owner Owen Richard N $82,400
Previous Owner Miller Guy S $81,000
Previous Owner Miller Guy S $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold -- -- --
02/25/2024 02/25/24 Pending -- -- --
12/24/2023 12/24/23 Off Market -- -- --
12/07/2023 12/07/23 For Sale $210,000 +35.5% $139 / Sq Ft
08/22/2022 08/22/22 Off Market -- -- --
05/24/2022 05/24/22 Sold -- -- --
03/14/2022 03/14/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $155,000 -- $103 / 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 $1,709 $56,122 $11,667 $44,455
2023 $1,685 $54,488 $11,667 $42,821
2022 $1,264 $40,304 $10,924 $29,380
2021 $1,223 $39,130 $10,801 $28,329
2020 $1,230 $39,130 $10,801 $28,329
2019 $1,197 $37,990 $10,526 $27,464
2018 $1,155 $36,884 $10,247 $26,637
2017 $1,029 $35,809 $10,037 $25,772
2016 $1,013 $34,766 $9,833 $24,933
2015 $1,018 $104,343 $29,537 $74,806
2014 $1,003 $102,800 $29,100 $73,700
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: 2303166

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

APN: 02-00604