NOT LISTED FOR SALE

5 Mountain Laurel St Los Lunas, NM 87031

East Los Lunas Neighborhood

Estimated Value: $588,000 - $2,571,000

1 Bed
1 Bath
14,793 Sq Ft
$86/Sq Ft Est. Value

Last Sold December 17, 2015

Current estimated payment $7,400/month

76 Days on Market

Highlights

  • Refrigerated Cooling System
  • Wheelchair Access
  • Baseboard Heating
  • Security System Owned
  • Forced Air Heating System
  • Carpet

About This Home

As of December 2015

Great investment opportunity with lots of upside potential. This complex features 24 one bedroom units. Many of these units have been remodeled. Includes a manager's unit with 3/4 bath. The property has been mismanaged in the last few years which is why the rents are down for the year. But all are rented except for 2 units. Half are leases and half month-to-month.

Last Agent to Sell the Property

Dave Slade

Dave Slade & Associates LLC License #11079 Listed on: 08/02/2015

Last Buyer's Agent

JAMES JARAMILLO

Coba Investment Company License #13938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,286

Lot Details

  • 1.16

Home Design

  • Frame Construction

Interior Spaces

  • 14,793 Sq Ft Home
  • Property has 2 Levels
  • Carpet
  • Security System Owned

Kitchen

  • Free-Standing Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Additional Features

  • Wheelchair Access
  • Exterior Lighting
  • 1.16 Acre Lot

Community Details

  • 24 Units
  • 14,793 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1010038505245000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,286

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: I-25 South to Los Lunas exit 203 (Main St). East on Main to Mountain Laurel Rd. Left on Mountain Laurel to property on left.
  • Lot Size Acres: 1.16
  • Unit Levels: Two
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, See Remarks
  • Appliances: Free-Standing Electric Range, Refrigerator, Range Hood
  • Stories: 2
  • Number Of Buildings: 4
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 14793.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: unknown
  • Construction Type: Frame

Utilities

  • Cooling: Refrigerated
  • Heating: Baseboard, Central, Forced Air
  • Utilities: Municipal Utilities
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 50529.6
  • Parcel #: 1010038505245000000
  • Zoning Description: S-R

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 24

Tax Info

  • Tax Annual Amount: 7286.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2022
Sold by
Wilson Robert
Bought by
Wilson Maria
Current Estimated Value
$1,269,976

Purchase Details

Closed on
Jun 20, 2022
Sold by
Wilson Daniel
Bought by
Wilson Maria

Purchase Details

Closed on
May 20, 2022
Sold by
Wilson Meranda
Bought by
Wilson Maria
Source: Public Records

Range of Values:

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Average Value
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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
Wilson Maria -- None Listed On Document
Wilson Maria -- None Listed On Document
Wilson Maria -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold -- -- --
10/17/2015 10/17/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $650,000 -- $44 / Sq Ft
Source: Southwest MLS (Greater Albuquerque 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 $8,327 $212,532 $16,795 $195,737
2023 $8,040 $206,342 $16,620 $189,722
2022 $7,691 $200,333 $16,305 $184,028
2021 $7,528 $194,498 $15,995 $178,503
2020 $7,431 $188,833 $15,529 $173,304
2019 $7,466 $188,833 $15,529 $173,304
2018 $7,139 $183,333 $15,138 $168,195
2017 $7,000 $188,833 $14,725 $174,108
2015 -- $231,851 $16,151 $215,700
2013 -- $218,542 $15,675 $202,867
2011 -- $603,042 $45,654 $557,388
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dave Slade

    Dave Slade & Associates LLC

    Section Image

  • J

    Buyer's Agent in 2015

    JAMES JARAMILLO

    Coba Investment Company

    (505) 480-1602

    25 Total Sales

    JAMES JARAMILLO
    Section Image
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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 846797

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-038-505-245-000000

New Mexico Valencia County Los Lunas 87031 East Los Lunas

5 Mountain Laurel St, Los Lunas, NM

This home is located at 5 Mountain Laurel St, Los Lunas, NM 87031 since 02 August 2015 and is currently estimated at $1,269,976, approximately $85 per square foot. 5 Mountain Laurel St is a home located in Valencia County with nearby schools including Los Lunas Middle School, Valencia High School, and School of Dreams Academy.

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.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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