NOT LISTED FOR SALE

511 E High St TucuMcAri, NM 88401

Estimated Value: $60,000 - $73,000

3 Beds
2 Baths
1,216 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 28, 2024

Current estimated payment $366/month

12 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • No HOA
  • Ceiling Fan
  • 1-Story Property

About This Home

As of March 2024

This duplex offers an excellent investment opportunity with a steady rental history. Renovated a few years ago, the property has a metal roof, updated electrical wiring, windows, and plumbing systems. Each side of the duplex comprises comfortable living spaces, including 2 bedrooms and 1 bathroom each. The units have been consistently rented, generating $400 each side, totaling $800 per month in rental income. Tenants pay ALL their own utilities. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer interested in passive income, this duplex presents a promising prospect. Don't miss out on this opportunity to own a profitable investment property. Schedule a showing today!

Last Agent to Sell the Property

Kate Scroggins

SAGEBRUSH REAL ESTATE License #52338 Listed on: 02/09/2024

Last Buyer's Agent

Kate Scroggins

SAGEBRUSH REAL ESTATE License #52338 Listed on: 02/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $194

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Free-Standing Range

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 117906451016100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$194

Lot Details

0

Listing Details

  • Directions: Take 209 / Main Street from I-40 to High Street - turn right and the house is on the right.
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Reso Flooring: Hardwood
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Electric Water Heater
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Acres: 0.163
  • Construction Type: Floor-Wood, Frame

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric Baseboard
  • HeatingYN: Yes
  • Water Source: Water-City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 142
  • Lot Size Sq Ft: 7100
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 117906451016100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 193.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 25, 2024
Sold by
Sheraga Richard S and Mirabal Georgia
Bought by
Casillas Marilu and Hernandez Ernest R
Seller's Agent
Kate Scroggins
SAGEBRUSH REAL ESTATE
Buyer's Agent
Kate Scroggins
SAGEBRUSH REAL ESTATE
List Price
$62,000
Views
55
Current Estimated Value
$64,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Source: Public Records
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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
Casillas Marilu -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold -- -- --
02/21/2024 02/21/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $62,000 -- $51 / 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 $320 $9,891 $1,717 $8,174
2024 $2 $5,879 $2,308 $3,571
2023 $190 $5,879 $2,308 $3,571
2022 $194 $5,879 $2,308 $3,571
2021 $179 $5,707 $2,240 $3,467
2020 $161 $5,541 $2,175 $3,366
2019 $164 $5,380 $2,112 $3,268
2018 $161 $5,223 $2,050 $3,173
2017 $159 $5,070 $1,990 $3,080
2016 $159 $4,922 $1,932 $2,990
2015 -- $4,779 $1,876 $2,903
2013 -- $13,921 $5,464 $8,457
Source: Public Records

Agents Affiliated with this Home

  • Kate Scroggins

    Seller's Agent in 2024

    Kate Scroggins

    SAGEBRUSH REAL ESTATE

    (469) 288-6295

    8 in this area

    65 Total Sales

    Kate Scroggins
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Map

Source: New Mexico MLS

MLS Number: 20240783

New Mexico MLS

APN: R011382

New Mexico Quay County Tucumcari 88401

511 E High St, Tucumcari, NM

Not Listed for Sale

MultiFamily

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