$120,000
SOLD MAY 8, 2025
Last list price

5005 Bannister Rd Carlsbad, NM 88220

5 Beds
2 Baths
2,768 Sq Ft
0.29 Acres

Recently Sold

$43 Per Sq Ft

157 Days on Market

About This Home

As of May 2025

Discover a prime investment opportunity with this property featuring two homes on a single 0.29-acre lot, located on the outskirts of Carlsbad, NM. Priced at $155,000, this deal is ideal for investors seeking potential rental income. The property includes a 3-bedroom, 1-bath home and a 2-bedroom, 1-bath home. Both homes are fixer-uppers, offering significant potential for those looking to invest in affordable housing with promising returns. Whether you're interested in creating a dual rental income stream or flipping for profit, this property is a great chance to invest in a growing area.

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. License #20608 Listed on: 11/29/2024

Last Buyer's Agent

JAQUELINE BELTRAN

UNITED REALTY, LLC - CARLSBAD License #REC-2022-0828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot

Parking

  • No Garage

Home Design

  • 2,768 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Otis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4160132415010

Home Details

Home Type

Single Family

Est. Annual Taxes

$372

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Corner lot on Semdly Rd and Bannister Rd
  • New Construction: No
  • Year Built: 1979
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: Otis
  • Carport Y N: No
  • Garage Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Acres: 0.29

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: IRR x IRR
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4160132415010
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Year: 2024
  • Tax Annual Amount: 372.3

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
May 5, 2025
Sold by
Rodriguez Amos S
Bought by
Pena Adrian Candelario
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
JAQUELINE BELTRAN
UNITED REALTY, LLC - CARLSBAD
List Price
$155,000
Views
238
Current Estimated Value
$125,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $100,000 Fidelity National Title
Warranty Deed $100,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold -- -- --
04/23/2025 04/23/25 Price Changed $120,000 -7.7% $43 / Sq Ft
12/27/2024 12/27/24 Price Changed $130,000 -3.7% $47 / Sq Ft
12/17/2024 12/17/24 Price Changed $135,000 -6.9% $49 / Sq Ft
12/13/2024 12/13/24 Price Changed $145,000 -6.5% $52 / Sq Ft
11/29/2024 11/29/24 For Sale $155,000 -- $56 / Sq Ft
Source: New Mexico MLS

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
2025 $380 $19,026 $418 $18,608
2024 $372 $18,472 $418 $18,054
2023 $372 $17,934 $418 $17,516
2022 $349 $17,412 $418 $16,994
2021 $337 $16,905 $418 $16,487
2020 $330 $16,413 $418 $15,995
2019 $327 $15,935 $418 $15,517
2018 $315 $15,471 $418 $15,053
2017 $303 $15,021 $431 $14,590
2015 $306 $0 $0 $0
2014 $261 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jared English

    Congress Realty, Inc.

    (888) 881-4118

    4,000 Total Sales

    Jared English
    Section Image
  • JAQUELINE BELTRAN

    Buyer's Agent in 2025

    JAQUELINE BELTRAN

    UNITED REALTY, LLC - CARLSBAD

    (575) 361-9162

    27 Total Sales

    JAQUELINE BELTRAN
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20246832

New Mexico MLS

APN: 4-160-132-415-010

New Mexico Eddy County Carlsbad 88220

5005 Bannister Rd, Carlsbad, NM

Sold

Detached

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