NOT LISTED FOR SALE

Estimated Value: $92,519

0.08 Acres
$1,156,488 Price per Acre
3,485 Sq Ft Lot

Sale Details

Date Sold: October 23, 2025

Current estimated payment $512 / mo

5 Days on Market

About This Lot

As of October 2025

This home is located at 408 Vela St, Carlsbad, NM 88220 since 22 September 2025 and is currently priced at $92,519. 408 Vela St is a home located in Eddy County.

Last Agent to Sell the Property

Prisila Borunda

Cavern City Real Estate LLC Listed on: 09/22/2025

Co-Listed By

FABIOLA JAURE

Cavern City Real Estate LLC License #REC-2023-0652

Last Buyer's Agent

Prisila Borunda

Cavern City Real Estate LLC Listed on: 09/22/2025

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Property Details

Property Type

  • Land

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50.0x65.6
  • Zoning described as Residential 2 District

Utilities

  • Electricity Not Available
  • Natural Gas Not Available

Additional Features

  • Property Views

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4157128184262

Property Details

Property Type

Land

Lot Details

3,485 Sq Ft Lot

Listing Details

  • New Construction: No
  • Reso Property Sub Type: Land
  • Prop. Type: Land
  • Horses: No
  • Co List Office Mls Id: 99000005
  • Co List Office Phone: 575-237-4443
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Private Spa: No

Exterior Features

  • Fencing: None
  • Acres: 0.08
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Not Available, Natural Gas Not Available
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Schools

  • Elementary School: None/Other
  • Ninth Grade High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Assessments: No
  • Lot Dimensions: 50.0x65.6
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 4157128184262
  • Zoning Description: Residential 2 District

Tax Info

  • Tax Annual Amount: 8.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2025
Closed on
Oct 9, 2025
Sold by
Bought by
Seller's Agent
Prisila Borunda
Cavern City Real Estate LLC
Buyer's Agent
Prisila Borunda
Cavern City Real Estate LLC
List Price
$26,500
Views
48
Current Estimated Value
$92,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
343.01%
Original Mortgage
$18,285
Outstanding Balance
$16,172
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$76,347

Purchase Details

Listed on
Sep 22, 2025
Closed on
Oct 8, 2025
Sold by
Bought by
Seller's Agent
Prisila Borunda
Cavern City Real Estate LLC
Buyer's Agent
Prisila Borunda
Cavern City Real Estate LLC
List Price
$26,500
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,285
Outstanding Balance
$16,172
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$76,347
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pioneer Title
-- Pioneer Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $18,285
Previous Owner $1,000,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 Sold -- -- --
09/27/2025 09/27/25 Pending -- -- --
09/22/2025 09/22/25 For Sale $26,500 +165.0% --
10/24/2018 10/24/18 Sold -- -- -- View Prior Sale
07/12/2018 07/12/18 Price Changed $10,000 -28.6% --
03/26/2018 03/26/18 For Sale $14,000 0.0% --
03/13/2018 03/13/18 Pending -- -- --
12/17/2017 12/17/17 For Sale $14,000 -- --
Source: New Mexico MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $63 $13,230 $625 $12,605
2024 $263 $13,230 $625 $12,605
2023 $238 $13,230 $625 $12,605
2022 $288 $13,230 $625 $12,605
2021 $288 $13,230 $625 $12,605
2020 $427 $16,000 $1,190 $14,810
2019 $427 $16,000 $1,190 $14,810
2018 $452 $16,000 $1,190 $14,810
2017 $396 $16,000 $1,190 $14,810
2016 $746 $16,000 $1,190 $14,810
2015 $388 $15,825 $1,275 $14,550
2014 $388 $15,825 $1,275 $14,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20255491

New Mexico MLS

APN: 4-157-128-184-262

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