NOT LISTED FOR SALE

389 El Molino Blvd Las Cruces, NM 88005

Estimated Value: $222,000 - $233,158

2 Beds
2 Baths
1,196 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 30, 2019

Current estimated payment $1,364/month

4 Days on Market

About This Home

As of December 2019

Great opportunity for Investment, This 4 unit complex maintains steady occupancy rates. 3 of the units are 1 bedroom apartments and 1 unit is a efficiency. Unit is close to many downtown amenities.

Last Agent to Sell the Property

Adam Marrujo

Monarch Real Estate Corporation License #20004 Listed on: 11/04/2019

Last Buyer's Agent

Brett Henson

New Mexico Properties License #48753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1945

Lot Details

  • 7,841 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Gable Roof Shape
  • Shingle Roof
  • Stucco

Kitchen

  • Oven or Range

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Organ Mountain View Gardens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-007-135-178-444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,599

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Apartment Building
  • Property Type: Residential Income
  • Year Built: 1945
  • Co List Office Mls Id: LCNMON
  • Subdivision Name: Organ Mountain View Gardens Sub
  • Directions: Head West on Amador from Solano, Turn South on Alameda, Turn west on El Molino
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Roof: Gable/Hip, Shingle
  • Acres: 0.18
  • Construction Type: Block, Stucco

Garage/Parking

  • Parking Features: Paved Area, Street Parking

Utilities

  • Heating: Gas
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-007-135-178-444
  • Fencing: Block
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 7841

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 23, 2019
Sold by
Estrada Ernest G
Bought by
Gardom Bruce W and Gardom Deanna M
Seller's Agent
Adam Marrujo
Monarch Real Estate Corporation
Buyer's Agent
Brett Henson
New Mexico Properties
List Price
$150,000
Current Estimated Value
$227,579

Purchase Details

Closed on
Oct 5, 2011
Sold by
Estrada Ernest G
Bought by
Estrada Ernest G and Ernest G Estrada Revocable Trust

Purchase Details

Closed on
Apr 12, 2011
Sold by
Estrada Ernest G
Bought by
Estrada Ernest G
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
Gardom Bruce W -- Bueno Title
Estrada Ernest G -- None Available
Estrada Ernest G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardom Bruce W $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
02/28/2021 02/28/21 Off Market -- -- --
12/30/2019 12/30/19 Sold -- -- --
11/08/2019 11/08/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $150,000 -- $125 / 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 $1,599 $52,501 $6,667 $45,834
2023 $1,576 $50,972 $6,667 $44,305
2022 $1,599 $50,972 $6,667 $44,305
2021 $1,603 $51,297 $6,667 $44,630
2020 $1,612 $51,297 $6,667 $44,630
2019 $749 $23,785 $5,124 $18,661
2018 $723 $23,092 $4,864 $18,228
2017 $644 $22,420 $4,612 $17,808
2016 $634 $21,767 $4,367 $17,400
2015 $319 $65,265 $13,094 $52,171
2014 $314 $64,300 $12,900 $51,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Adam Marrujo

    Monarch Real Estate Corporation

    Section Image

  • B

    Buyer's Agent in 2019

    Brett Henson

    New Mexico Properties

See All Agents

Map

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

MLS Number: 1903156

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

APN: 02-05937

New Mexico Dona Ana County Las Cruces 88005

389 El Molino Blvd, Las Cruces, NM

This home is located at 389 El Molino Blvd, Las Cruces, NM 88005 since 04 November 2019 and is currently estimated at $227,579, approximately $190 per square foot. This property was built in 1945. 389 El Molino Blvd is a home located in Dona Ana County with nearby schools including Central Elementary School, Zia Middle School, and Las Cruces High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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