$224,900
SOLD OCT 21, 2025
Last list price

697 S Melendres St Las Cruces, NM 88005

4 Beds
2 Baths
1,584 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

169 Days on Market

Highlights

  • No HOA
  • Herberich Primary Elementary School Rated A
  • Forced Air Heating System

About This Home

As of October 2025

Investor special! This remodeled property offers excellent income potential with two fully separate living areas--each with their own entrance, kitchen setup, living room, and bathroom. Designed for multi-family use or rental flexibility, it's perfect for generating steady cash flow. Recent updates include modern finishes, refrigerated central air, and a new mini split in the rear unit for year-round comfort. Positioned on a desirable corner lot, the home provides added visibility and versatility. Ideal for house-hackers looking to live in one unit and rent the other, or for investors seeking a turnkey rental property with strong upside. This is a rare opportunity to own a property that functions like a duplex while maintaining single-family charm.Disclaimer: Virtual StagingPlease note The furniture and decor shown in these photos are digitally rendered and do not reflect the actual condition of the property. The buyer is encouraged to verify the space and layout in person.

Last Agent to Sell the Property

Peter Skowronski

EXIT Realty Horizons License #48982 Listed on: 01/02/2025

Last Buyer's Agent

Traci Conner

EXIT Realty Horizons License #REC20221052

EXIT Realty Horizons

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Chain Link Fence

Parking

  • Paved Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Stucco

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units
  • La Colonia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-007-135-118-472

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1940
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: La Colonia Subdivision
  • Directions: Amador to Melendres. Home is on the corner of Melendres and La Colonia.
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Disposal, Dishwasher
  • Total Bedrooms: 4

Exterior Features

  • Roof: Flat
  • Acres: 0.14
  • Construction Type: Block, Stucco

Garage/Parking

  • Parking Features: Paved Area, On Street

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-007-135-118-472
  • Fencing: Chain Link
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 6098

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Oct 20, 2025
Sold by
Sanjanelle Parks Llc
Bought by
Bogucki Barbara
Seller's Agent
Peter Skowronski
EXIT Realty Horizons
Buyer's Agent
Traci Conner
EXIT Realty Horizons
List Price
$224,900
Views
398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,824
Outstanding Balance
$220,824
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
-$4,337

Purchase Details

Closed on
Oct 31, 2007
Sold by
Estrada Alice and Correa Alice
Bought by
Perez Richard and Perez Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1999
Sold by
Deetz Brent A
Bought by
Correa Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.83%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Frank Marquez and Frank Dawn
Bought by
Deetz Brent A

Purchase Details

Closed on
Mar 25, 1991
Sold by
First National Bank
Bought by
Marquez Frank C and Marquez Manuela J
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 -- None Listed On Document
Warranty Deed -- Dona Ana Title Company
Warranty Deed -- Southwestern Abstract & Titl
Warranty Deed -- Southwestern Abstract & Titl
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,824 FHA
Previous Owner $73,000 Purchase Money Mortgage
Previous Owner $51,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2025 10/21/25 Sold -- -- --
09/13/2025 09/13/25 For Sale $224,900 0.0% $142 / Sq Ft
07/31/2025 07/31/25 Off Market -- -- --
07/15/2025 07/15/25 For Sale $224,900 0.0% $142 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $224,900 0.0% $142 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/14/2025 05/14/25 Price Changed $224,900 -6.3% $142 / Sq Ft
04/14/2025 04/14/25 Price Changed $239,900 0.0% $151 / Sq Ft
04/14/2025 04/14/25 For Sale $239,900 -4.0% $151 / Sq Ft
04/05/2025 04/05/25 Off Market -- -- --
03/19/2025 03/19/25 Price Changed $249,900 -3.8% $158 / Sq Ft
02/12/2025 02/12/25 Price Changed $259,900 -3.7% $164 / Sq Ft
01/25/2025 01/25/25 Price Changed $269,900 -3.3% $170 / Sq Ft
01/02/2025 01/02/25 For Sale $279,000 +213.5% $176 / Sq Ft
05/10/2024 05/10/24 Sold -- -- -- View Prior Sale
04/24/2024 04/24/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $89,000 0.0% $56 / Sq Ft
04/20/2024 04/20/24 Off Market -- -- --
04/19/2024 04/19/24 For Sale $89,000 -- $56 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces 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
2025 $1,271 $49,843 $6,667 $43,176
2024 $1,271 $41,718 $6,667 $35,051
2023 $1,253 $40,503 $6,667 $33,836
2022 $1,233 $39,323 $6,667 $32,656
2021 $1,193 $38,178 $6,667 $31,511
2020 $1,165 $37,066 $6,667 $30,399
2019 $1,134 $35,987 $6,667 $29,320
2018 $1,094 $34,939 $6,667 $28,272
2017 $975 $33,922 $6,667 $27,255
2016 $959 $32,934 $6,767 $26,167
2015 $964 $98,760 $20,300 $78,460
2014 $949 $97,300 $20,000 $77,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Peter Skowronski

    EXIT Realty Horizons

  • T

    Buyer's Agent in 2025

    Traci Conner

    EXIT Realty Horizons

    (575) 993-6909

    10 Total Sales

    Traci Conner
    Section Image
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Map

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 2500017

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

APN: 02-05799

New Mexico Dona Ana County Las Cruces 88005

697 S Melendres St, Las Cruces, NM

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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