NOT LISTED FOR SALE

500 Desoto Ave Belen, NM 87002

Estimated Value: $165,000 - $174,590

2 Beds
1 Bath
1,024 Sq Ft
$167/Sq Ft Est. Value

About This Home

This home is located at 500 Desoto Ave, Belen, NM 87002 and is currently estimated at $170,648, approximately $166 per square foot. 500 Desoto Ave is a home located in Valencia County with nearby schools including Belen High School and St. Mary's School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Landes Devin and Landes Delinda
Bought by
Mckelvey Matthew J
Current Estimated Value
$170,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$9,360
Interest Rate
6.91%
Mortgage Type
FHA
Estimated Equity
$162,247

Purchase Details

Closed on
Jan 31, 2022
Sold by
Delgado Sara M
Bought by
Landes Devin and Landes Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Klein Leo and Klein Cheryl
Bought by
Contreras Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.09%
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

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.

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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.

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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
Mckelvey Matthew J -- Fidelity National Title
Landes Devin -- Fidelity National Title
Contreras Juan A -- None Available
Contreras Juan A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvey Matthew J $10,000
Open Mckelvey Matthew J $165,343
Previous Owner Landes Devin $114,000
Previous Owner Contreras Juan A $61,000
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 $1,546 $41,349 $10,667 $30,682
2023 $1,546 $40,145 $10,667 $29,478
2022 $1,314 $37,255 $10,198 $27,057
2021 $1,219 $36,170 $10,504 $25,666
2020 $1,202 $35,116 $10,198 $24,918
2019 $1,164 $34,093 $10,198 $23,895
2018 $1,152 $34,093 $10,198 $23,895
2017 $1,145 $34,083 $10,198 $23,885
2016 $1,096 $33,091 $10,198 $22,893
2015 -- $32,127 $10,198 $21,929
2013 -- $30,283 $10,198 $20,085
2011 -- $88,203 $29,703 $58,500
Source: Public Records

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