NOT LISTED FOR SALE

326 & 330 Karen Ave Las Cruces, NM 88007

Estimated Value: $207,000

8 Beds
4 Baths
2,640 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 12, 2021

Current estimated payment $1,202/month

123 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Brick Veneer
  • Evaporated cooling system
  • 3-minute walk to Jason Giron Park

About This Home

As of July 2021

Great Investment property for only $240,000.00! Investors welcome!! There are 2 duplexes with 2 units each. Total of 8 bedrooms, 4 bathrooms and come with complete kitchens. The properties are located on 326 & 330 Karen Ave, Las Cruces NM 88007. There are 2 parcels for these duplexes (R0200617 & R0200613) and they are being sold together. These properties are making money now with all units occupied. The roof was re-shingled in November 2019. Each unit has their own electrical meter, gas meter, furnace, water heater and air unit. Two units have upgraded kitchens and some bedroom flooring. Call listing agent for additional information on these properties. Duplex 326 Karen Ave, $600 each for the 2 units. Duplex 330 Karen Ave, $600 and $575 for the 2 units.

Last Agent to Sell the Property

Elias Elizaldez

EXIT Realty Horizons License #46881 Listed on: 01/02/2021

EXIT Realty Horizons

Last Buyer's Agent

Elias Elizaldez

EXIT Realty Horizons License #46881 Listed on: 01/02/2021

EXIT Realty Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1967

Lot Details

  • 10,454

Parking

  • Paved Parking

Home Design

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

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

Additional Features

  • Oven or Range
  • 10,454 Sq Ft Lot

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 4-006-133-385-471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$905

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1967
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: Alameda Estates
  • Directions: North Alameda to Dona Ana Road then Right on Karen Ave.
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.24
  • Construction Type: Brick Veneer, Frame, Wood Siding

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: 4-006-133-385-471
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 10454

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2015
Sold by
Kurian Jacob P and Jacob Selin K
Bought by
Blue Topaz Estates Llc
Current Estimated Value
$207,000

Purchase Details

Closed on
Sep 28, 2015
Sold by
Blue Topaz Estate Llc
Bought by
Kurian Jacob P and Jacob Selin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2007
Sold by
Aguirre Isidra
Bought by
Aguirre Felipe and Aguirre Isidra

Purchase Details

Closed on
Aug 12, 2005
Sold by
Archuleta Joe and Archuleta Yvonne
Bought by
Aguirre Isidra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2002
Sold by
Archuleta Alfonso and Archuleta Guadalupe
Bought by
Archuleta Joe and Archuleta Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.95%
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
Blue Topaz Estates Llc -- None Available
Kurian Jacob P -- Bueno Title
Aguirre Felipe -- None Available
Aguirre Isidra -- Dona Ana Title Company Inc
Archuleta Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurian Jacob P $66,000
Previous Owner Aguirre Isidra $144,000
Previous Owner Archuleta Joe $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
10/10/2021 10/10/21 Off Market -- -- --
07/12/2021 07/12/21 Sold -- -- --
05/05/2021 05/05/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $240,000 0.0% $91 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $240,000 -- $91 / 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 $905 $29,696 $11,667 $18,029
2023 $892 $28,831 $11,667 $17,164
2022 $878 $27,992 $11,667 $16,325
2021 $867 $27,729 $11,667 $16,062
2020 $866 $27,563 $11,667 $15,896
2019 $873 $27,719 $11,641 $16,078
2018 $843 $26,911 $9,497 $17,414
2017 $751 $26,127 $9,194 $16,933
2016 $739 $25,367 $8,900 $16,467
2015 $743 $76,126 $26,695 $49,431
2014 $732 $75,000 $26,300 $48,700
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: 2100011

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

APN: 02-00613