NOT LISTED FOR SALE

Estimated Value: $244,000 - $274,000

3 Beds
2 Baths
1,448 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 08, 2021

Current estimated payment $1,471/month

4 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • Property has 1 Level
  • Evaporated cooling system
  • CRI Green Label Plus Certified Carpet

About This Home

As of February 2021

INVESTMENT PROPERTY!Nice single family home with 3 bedroom,2 bath.Rental with steady tenant on a new 3 year lease with increases. Roof and Septic are 4 years young.

Last Agent to Sell the Property

Richard Hanna

Hanna Commercial, LLC License #9158 Listed on: 01/11/2021

Last Buyer's Agent

Daniel Cervantes

Realty One of New Mexico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 2002

Lot Details

  • 0.33 Acre Lot
  • Additional Parcels

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,448 Sq Ft Home
  • Property has 1 Level
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Sewer Not Available
  • Cable TV Available

Community Details

  • Cypress Gardens Subdivision
  • Gross Income $11,100

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 1 013 037 300 072 000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$880

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Directions: From Main St go turn on to 263-El Cerro Loop, then turn on to Meadow Lake Rd. Meadow Lake turn Left on Cypress. Alamosa Loop is at the end of the road.
  • Listing Contract Date: 2021-12-31
  • Year Built: 2002
  • Lot Size Acres: 0.33
  • Subdivision Name: Cypress Gardens
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Gas Range, Disposal, Refrigerator, Range Hood
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1448.0
  • Stories: 1

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Not Available, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Additional Parcels: Yes
  • Parcel #: 1 013 037 300 072 000000
  • Zoning Description: R-1

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 11100.0

Tax Info

  • Tax Annual Amount: 879.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 4, 2021
Sold by
Lb Limited Partnership
Bought by
Rincon Vargas Jesus A
Seller's Agent
Richard Hanna
Hanna Commercial, LLC
Buyer's Agent
Daniel Cervantes
Realty One of New Mexico
List Price
$135,000
Current Estimated Value
$251,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Mar 5, 2003
Sold by
M&N Pa
Bought by
L B Lp
Source: Public Records

Range of Values:

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Average Value
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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
Rincon Vargas Jesus A -- New Mexico Land & Title
L B Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rincon-Vargas Jesus A $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold -- -- --
01/15/2021 01/15/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $135,000 -- $93 / 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
2024 $1,121 $45,000 $7,333 $37,667
2023 $1,138 $45,000 $7,333 $37,667
2022 $1,131 $45,000 $7,333 $37,667
2021 $897 $35,471 $7,553 $27,918
2020 $883 $34,438 $7,333 $27,105
2019 $880 $34,438 $7,333 $27,105
2018 $866 $34,215 $7,286 $26,929
2017 $833 $33,218 $7,073 $26,145
2016 $800 $32,251 $6,867 $25,384
2015 -- $31,312 $6,667 $24,645
2013 -- $40,755 $7,722 $33,033
2011 -- $118,704 $22,491 $96,213
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 983631

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-037-300-072-000000