NOT LISTED FOR SALE

402 Melody Ln S Socorro, NM 87801

Estimated Value: $259,000 - $292,000

-- Bed
2 Baths
-- Sq Ft
0.44 Acres

About This Home

This home is located at 402 Melody Ln S, Socorro, NM 87801 and is currently estimated at $278,987. 402 Melody Ln S is a home located in Socorro County with nearby schools including Parkview Elementary School, San Antonio Elementary School, and Midway Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Galvez Oscar E Iglesias and Rojas Barbara L
Bought by
Alvarado Kosh and Gonzales Shamari Lynn
Current Estimated Value
$279,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400
Outstanding Balance
$7,860
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$253,557

Purchase Details

Closed on
Feb 17, 2023
Sold by
Herrera Jose and Herrera Luisa
Bought by
Galvez Oscar E Iglesias

Purchase Details

Closed on
Dec 10, 2015
Sold by
Keller Leon
Bought by
Herrera Jose and Herrera Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,440
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Oct 19, 2009
Sold by
Crawford Nita and Keller Nita
Bought by
Keller Leon

Purchase Details

Closed on
Aug 9, 2006
Sold by
Berkey Degraff and Berkey Debra Lynn Houston
Bought by
Keller Leon D and Keller Nita G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,216
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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.

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ICE

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First American

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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.

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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
Alvarado Kosh -- None Listed On Document
Alvarado Kosh -- None Listed On Document
Galvez Oscar E Iglesias -- --
Herrera Jose -- None Available
Keller Leon -- None Available
Keller Leon D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Kosh $8,400
Closed Alvarado Kosh $8,400
Open Alvarado Kosh $274,928
Closed Alvarado Kosh $274,928
Previous Owner Herrera Jose $163,440
Previous Owner Keller Leon $163,100
Previous Owner Keller Leon D $183,216
Source: Public Records

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 $2,955 $77,804 $10,713 $67,091
2023 $2,950 $55,248 $10,713 $44,535
2022 $1,838 $53,639 $10,713 $42,926
2021 $1,776 $52,077 $10,713 $41,364
2020 $1,718 $50,561 $10,713 $39,848
2019 $1,720 $50,656 $10,702 $39,954
2018 $1,749 $152,122 $32,139 $119,983
2017 $1,767 $159,685 $32,139 $127,546
2016 $1,743 $160,066 $32,139 $127,927
2011 $1,502 $42,415 $8,195 $34,220
Source: Public Records

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