$949,900

402 Main Ave Truth Or Consequences, NM 87901

Estimated payment $5,127/month

Total Views 8,129
3 Beds
3 Baths
8,500 Sq Ft
$112 Price per Sq Ft

Highlights

  • Indoor Spa
  • Loft
  • Home Office
  • Solar Power System
  • No HOA
  • 3-minute walk to Ralph Edwards Park

About This Home

Live where you work in the heart of T or C, and take advantage of owner financing on this beautifully restored mixed-use property! Originally a 1948 department store, this approx. 8,500 sq ft building blends vintage charm with modern flexibility. Live upstairs in the spacious residential suite with an updated kitchen, large bedroom, and 3/4 bath. A mid-level suite adds another bedroom and 3/4 bath. The finished basement offers a 1,372 sf home theater with bar, pool table & dance floor, plus a 3rd bedroom, 3/4 bath, laundry, workshop, and storage. The main level features a 1,428 sf retail showroom with 15' ceilings, original cabinetry, wood floors, two display windows, plus a conference room, office, and storage. Included: adjacent fenced lot with raised gardens, steel storage building, and a 32-panel owned solar array with backup battery powering the main building. Upgrades include roof (2020), HVAC (2019), security, patio, hot tub, and carport. See commercial listing MLS#2501063.

Listing Agent

Jake Mossman

Keller Williams Realty License #42567 Listed on: 05/23/2025

Keller Williams Realty

Co-Listing Agent

Frank Torres

Keller Williams Realty License #REC20220476

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 9,801 Sq Ft Lot
  • Back Yard Fenced
  • Historic Home

Parking

  • 2 Carport Spaces

Home Design

  • Pitched Roof

Interior Spaces

  • 8,500 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Home Office
  • Loft
  • Game Room
  • Hobby Room
  • Workshop
  • Indoor Spa
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Shed
  • Pergola

Utilities

  • Heat Pump System
  • Gas Available

Community Details

  • No Home Owners Association
  • Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3022078212471

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1948
  • Co List Office Mls Id: LCNKWIL
  • Co List Office Phone: (575) 527-0880
  • Co List Office Mls Id: LCNKWIL
  • Subdivision Name: Original Townsite
  • Directions: Right on Main Ave in Downtown TorC
  • Architectural Style: Historic
  • Carport Spaces: 2
  • Unit Levels: Multi/Split
  • LivingArea: 8500
  • Room Type: Game Room, Workshop, Study, Office, Loft, Hobby Room
  • Room Type: Kitchen
  • Room Type: Living Room
  • Room Type: Master Bedroom
  • Room Type: Bedroom 2
  • Room Type: Bedroom 3
  • Special Features: None

Interior Features

  • Interior Amenities: Washer, Open Floorplan, Hot Tub, Dryer
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Minimum Pitch
  • Exterior Features: Shed(s)
  • Acres: 0.23
  • Construction Type: Block
  • Patio And Porch Features: Pergola

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump, Central Air
  • Utilities: City Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 3022078212471
  • Fencing: Back Yard
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 9801

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

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
2025 $1,810 $56,422 $14,626 $41,796
2024 $1,768 $54,432 $14,626 $39,806
2023 $1,768 $52,882 $14,247 $38,635
2022 $1,370 $52,536 $14,626 $37,910
2021 $1,465 $52,157 $14,247 $37,910
2020 $1,485 $52,882 $14,247 $38,635
2019 $1,486 $52,882 $14,247 $38,635
2018 $1,484 $52,877 $14,246 $38,631
2017 $1,312 $46,753 $14,246 $32,507
2016 $1,216 $46,753 $14,246 $32,507
2015 -- $46,753 $14,246 $32,507
2014 -- $46,710 $14,233 $32,477
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2025 12/26/25 Price Changed $949,900 -5.0% $112 / Sq Ft
06/13/2025 06/13/25 Price Changed $999,900 -16.7% $118 / Sq Ft
05/23/2025 05/23/25 For Sale $1,200,000 -- $141 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Joint Tenancy Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $141,200 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 2501531

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

APN: 3022078212471

New Mexico Sierra County Truth Or Consequences 87901

402 Main Ave, Truth Or Consequences, NM

For Sale

Detached

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.

Nearby Homes
Jake Mossman
Listing Agent
Jake Mossman
Section Image
Keller Williams Realty
(575) 414-4866