NOT LISTED FOR SALE

510 5th St Estancia, NM 87016

Estimated Value: $59,000

3 Beds
1 Bath
1,205 Sq Ft
$49/Sq Ft Est. Value

Last Sold March 23, 2022

Current estimated payment $382/month

350 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Storage
  • Wood Burning Fireplace
  • 2 Car Attached Garage
  • West Facing Home
  • No Heating

About This Home

As of March 2022

Great Location right off Hwy 41. Commercial or Residential potential. Located next door to the new Dollar General and across the street from the Family Dollar. This home would make a great office, retail space, residential rental, or starter home. New roof in 2020. House needs remodeled to your specifications. Electric is on, some gas and plumbing work has been performed. Most of the clean up has been done. Come make this bargain yours with your unique touch. It won't last long in this hot market. Great Value in a Great Location in the heart of NM.

Last Agent to Sell the Property

Todd Sledge

Hawkeye Realty License #19817 Listed on: 02/25/2021

Last Buyer's Agent

Todd Sledge

Hawkeye Realty License #19817 Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Zoning described as C-B

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,205 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Single Hung Metal Windows
  • Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Estancia Elementary And Middle School
  • Estancia High School

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 1048035188454000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$270

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: On East side of Hwy 41 in Estancia. From I-40 head South on Hwy 41 approximately 20 miles. Just South of the New Dollar General.
  • Listing Contract Date: 2021-02-25
  • Lot Size Acres: 0.26
  • Road Frontage Type: Public Road
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 81 - 99
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1205.0
  • Window Features: Metal, Single Pane

Exterior Features

  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Brick Veneer, Frame, Stucco
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: None
  • Electric: None
  • Heating: None
  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer

Schools

  • Elementary School: Estancia
  • High School: Estancia
  • Middle Or Junior School: Estancia

Lot Info

  • Lot Size Sq Ft: 11326.0
  • Parcel #: 1048035188454000000
  • Zoning Description: C-B

Tax Info

  • Tax Annual Amount: 270.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Estancia 12 Oaks
Bought by
101 2Nd Lane Llc
Current Estimated Value
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,856
Outstanding Balance
$249,752
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 31, 2015
Closed on
Mar 22, 2017
Sold by
Murray Melissa Bealmear
Bought by
Frazee David E and Frazee Imane G
Seller's Agent
Todd Sledge
Hawkeye Realty
Buyer's Agent
Todd Sledge
Hawkeye Realty
List Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
101 2Nd Lane Llc -- Grs Title Services Llc
Frazee David E $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 101 2Nd Lane Llc $888,856
Previous Owner Frazee David E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold -- -- --
02/10/2022 02/10/22 Pending -- -- --
02/25/2021 02/25/21 For Sale $57,500 +64.3% $48 / Sq Ft
03/27/2017 03/27/17 Sold -- -- --
03/13/2017 03/13/17 Pending -- -- --
12/28/2015 12/28/15 For Sale $35,000 -- $29 / 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
2021 $270 $11,575 $2,839 $8,736
2020 $270 $10,516 $2,836 $7,680
2019 -- $10,268 $2,581 $7,687
2018 -- $10,258 $2,578 $7,680
2017 -- $10,500 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $9,447 $2,360 $7,087
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 986540

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R000048601