Seller's Agent in 2025
Victor Torres
BHGRE Steinborn & Associates
(575) 635-0538
4 in this area
49 Total Sales
Last list price
316 E 3rd Ave Truth Or Consequences, NM 87901
2
Beds
1
Bath
944
Sq Ft
1950
Built
Highlights
- No HOA
- Refrigerated Cooling System
- Forced Air Heating System
- 1 Car Attached Garage
About This Home
As of September 2025Welcome to this charming desert oasis in the heart of Truth or Consequences! This versatile property offers the perfect blend of residential comfort and commercial potential, making it an exciting opportunity for both homeowners and entrepreneurs. Enter to discover a cozy two-bedroom, one-bathroom home that's ready to adapt to your needs. Whether you're seeking a comfortable living space or envisioning a professional office setting, this property's flexible layout accommodates both scenarios beautifully. The home's thoughtful design maximizes space efficiency, with two well-proportioned bedrooms providing ample room for rest or work. The bathroom is practical and well-maintained, ensuring comfort for residents or visitors alike. For those considering commercial use, the property's layout naturally lends itself to a professional office environment. Its accessible location and adaptable spaces make it an ideal choice for small business owners looking to establish a presence in this growing community. Natural light fills the interior spaces, creating an inviting atmosphere that works equally well for living or working. The property's versatility is one of its strongest features, offering you the freedom to shape it according to your vision. Don't miss this opportunity to own a piece of Truth or Consequences, where flexibility meets functionality in this unique residential or commercial space.
Last Agent to Sell the Property
BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES License #REC-2002-0601 Listed on: 02/15/2025
Last Buyer's Agent
BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES License #REC-2002-0601 Listed on: 02/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $889
Year Built
- Built in 1950
Lot Details
- Irregular Lot
Parking
- 1 Car Attached Garage
Home Design
- Metal Roof
Interior Spaces
- 944 Sq Ft Home
- Laminate Flooring
- Free-Standing Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Refrigerated Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2903533668322
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 16, 2014
Sold by
Joanne C Conway Estate
Bought by
Deschamps Lee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2025 09/23/25 | Sold | -- | -- | -- | |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- | |
| 06/24/2025 06/24/25 | Price Changed | $119,000 | -4.0% | $126 / Sq Ft | |
| 06/06/2025 06/06/25 | Price Changed | $124,000 | -3.1% | $131 / Sq Ft | |
| 05/16/2025 05/16/25 | Sold | -- | -- | -- | View Prior Sale |
| 02/15/2025 02/15/25 | For Sale | $128,000 | -0.8% | $136 / Sq Ft | |
| 02/14/2025 02/14/25 | For Sale | $129,000 | -- | $137 / Sq Ft |
Source: New Mexico MLS
Tax History Compared to Growth
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 | $1,164 | $36,283 | $4,008 | $32,275 |
| 2024 | $1,128 | $34,746 | $4,008 | $30,738 |
| 2023 | $976 | $18,263 | $3,778 | $14,485 |
| 2022 | $479 | $18,376 | $3,891 | $14,485 |
| 2021 | $513 | $18,263 | $3,778 | $14,485 |
| 2020 | $513 | $18,263 | $3,778 | $14,485 |
| 2019 | $513 | $18,263 | $3,778 | $14,485 |
| 2018 | $512 | $18,262 | $3,778 | $14,484 |
| 2017 | $512 | $18,262 | $3,778 | $14,484 |
| 2016 | $475 | $18,262 | $3,778 | $14,484 |
| 2015 | -- | $18,262 | $3,778 | $14,484 |
| 2014 | -- | $15,744 | $1,890 | $13,854 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Victor Torres
-
KAITLIN GARCIA
K
Seller's Agent in 2025
KAITLIN GARCIA
BETTER HOMES & GARDENS REAL ESTATE / STEINBORN & ASSOCIATES
(575) 740-3146
17 in this area
25 Total Sales
-
N
Buyer's Agent in 2025
Nonmember
SONM
Map
Source: New Mexico MLS
MLS Number: 20250890
APN: 3022078006354
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