NOT LISTED FOR SALE

516 E Cherry Ln Carlsbad, NM 88220

Estimated Value: $348,000 - $422,000

-- Bed
-- Bath
2,012 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 516 E Cherry Ln, Carlsbad, NM 88220 and is currently estimated at $392,411, approximately $195 per square foot. 516 E Cherry Ln is a home located in Eddy County with nearby schools including Ocotillo Elementary School, PR Leyva CIS, and Carlsbad High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2016
Sold by
Fierro Alice H
Bought by
Heath Jeffrey W and Heath Susan A
Current Estimated Value
$392,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Heath Jeffrey W -- Guaranty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lm Rio Gas Llc $650,000
Closed Heath Jeffrey W $305,100
Closed Heath Jeffrey W $320,000
Closed Heath Jeffrey W $255,000
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 $2,318 $114,992 $11,687 $103,305
2023 $2,318 $111,643 $11,274 $100,369
2022 $2,170 $108,391 $10,846 $97,545
2021 $2,096 $105,234 $10,431 $94,803
2020 $2,021 $100,407 $9,471 $90,936
Source: Public Records

Map

New Mexico Eddy County Carlsbad 88220

516 E Cherry Ln, Carlsbad, NM

This home is located at 516 E Cherry Ln, Carlsbad, NM 88220 and is currently estimated at $392,411, approximately $195 per square foot. 516 E Cherry Ln is a home located in Eddy County with nearby schools including Ocotillo Elementary School, PR Leyva CIS, and Carlsbad High School.

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