NOT LISTED FOR SALE

425 N Melendres St Las Cruces, NM 88005

Alameda Depot Neighborhood

Estimated Value: $120,000

4 Beds
4 Baths
2,700 Sq Ft
$44/Sq Ft Est. Value

Last Sold September 11, 2020

Current estimated payment $777/month

3 Days on Market

About This Home

As of September 2020

One block from Pioneer Park comes this rare investment property near the heart of downtown Las Cruces with farmers markets & local businesses! This unique offering features 4 charming units in 2 separate duplexes. One of which has 6 covered parking spaces below, the other has a classic southwestern feel & lovely front yard. These units have a great history of long-term tenants that enjoy living here. These properties have been maintained & improved as long time rentals.

Last Agent to Sell the Property

Levi Nolasco

Keller Williams Realty License #53292 Listed on: 08/31/2020

Keller Williams Realty

Co-Listed By

Timothy Tharp

Keller Williams Realty License #20612

Last Buyer's Agent

Sandra Espiritu

Enchanted Sun Realty License #17848

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1964

Lot Details

  • 0.49

Parking

  • Carport

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1964
  • Co List Office Mls Id: LCNKWIL
  • Co List Office Phone: (575) 527-0880
  • Co List Office Mls Id: LCNKWIL
  • Subdivision Name: N/A
  • Directions: West on Lohman, Right on Melendres, Left on Court, property will be on the Right. (Accessible through alley on Court.)
  • Special Features: None

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Construction Type: Block

Garage/Parking

  • Parking Features: Carport

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: TBD
  • Lot Dimensions: 0 to .24 AC

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jan 27, 2014
Sold by
Wasser Daniel G
Bought by
Herrick Jeffrey Ewing and Laney Christine Marie
Seller's Agent
Emily Coss
Coss Real Estate Lc
Buyer's Agent
Dan Delaney
Dan Delaney Real Estate, LLC
List Price
$339,000
Current Estimated Value
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Wasser Wasser Daniel G Daniel G
Bought by
Wasser Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 3, 1998
Sold by
Wasser Daniel G and Wasser Nancy
Bought by
Wasser Daniel G and Wasser Nancy D
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
Herrick Jeffrey Ewing -- Dona Ana Title Co
Wasser Daniel G -- Datlg
Wasser Daniel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 425 Melendres Llc $205,000
Closed Herrick Jeffrey Ewing $160,000
Previous Owner Wasser Daniel G $120,000
Previous Owner Wasser Daniel G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
12/24/2023 12/24/23 Off Market -- -- --
09/24/2023 09/24/23 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
09/11/2020 09/11/20 Sold -- -- --
09/03/2020 09/03/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $279,000 -17.7% $103 / Sq Ft
01/29/2014 01/29/14 Sold -- -- --
12/22/2013 12/22/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $339,000 -- $68 / 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
2020 $1,998 $63,588 $6,667 $56,921
2019 -- $61,736 $6,667 $55,069
2018 -- $61,736 $6,667 $55,069
2017 -- $61,736 $6,667 $55,069
2016 -- $61,400 $6,667 $54,733
2015 -- $184,200 $20,000 $164,200
2014 -- $101,700 $33,800 $67,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Levi Nolasco

    Keller Williams Realty

    (575) 800-9028

    2 in this area

    160 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Timothy Tharp

    Keller Williams Realty

  • S

    Buyer's Agent in 2020

    Sandra Espiritu

    Enchanted Sun Realty

  • E

    Seller's Agent in 2014

    Emily Coss

    Coss Real Estate Lc

    Section Image

  • D

    Buyer's Agent in 2014

    Dan Delaney

    Dan Delaney Real Estate, LLC

See All Agents

Map

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

MLS Number: 2002415

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

APN: 02-02533

New Mexico Dona Ana County Las Cruces 88005 Alameda Depot

425 N Melendres St, Las Cruces, NM

This home is located at 425 N Melendres St, Las Cruces, NM 88005 since 31 August 2020 and is currently priced at $120,000, approximately $44 per square foot. This property was built in 1964. 425 N Melendres St is a home located in Dona Ana County with nearby schools including Central Elementary School, Sierra 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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