NOT LISTED FOR SALE

701 W Lea St Carlsbad, NM 88220

Estimated Value: $163,000

3 Beds
2 Baths
2,316 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 15, 2023

Current estimated payment $1,071/month

268 Days on Market

Highlights

  • Guest House
  • No HOA
  • Forced Air Heating System
  • Contemporary Architecture
  • 1-Story Property
  • Back and Front Yard Fenced

About This Home

As of May 2023

Great investment opportunity! This 3 bedroom 2 bath just needs some TLC to bring back to its former beauty. House boasts a large living room, new roof replaced in 2021, refrigerated air, on a large corner lot. Detached 3 car garage would be perfect for a small business or shop. Sell conveys with a casita. Perfect for investors and first time home buyers!

Last Listed By

Amanda Flores

Select Realty Group, LLC License #REC20220320 Listed on: 05/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $164

Year Built

  • Built in 1981

Lot Details

  • 8,712 Sq Ft Lot
  • Back and Front Yard Fenced
  • Wood Fence
  • Chain Link Fence

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Gable Roof Shape
  • Frame Construction

Interior Spaces

  • 2,316 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • Guest House

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Osborne 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-157-127-095-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$164

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1981
  • Co List Office Mls Id: LCNSRG
  • Co List Office Phone: (575) 689-1600
  • Co List Office Mls Id: LCNSRG
  • Subdivision Name: Osborne 2nd
  • Directions: Left towards S. Canal St. turn left onto W. Lea Street, left on the corner of S. Mesquite Street, and W. Lea Street.
  • Architectural Style: Contemporary
  • Unit Levels: One
  • LivingArea: 2316
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Gable/Hip
  • Exterior Features: Guest House
  • Acres: 0.2
  • Construction Type: Frame

Garage/Parking

  • Garage Spaces: 3

Utilities

  • Heating: Forced Air
  • Cooling: Refrigerated Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-157-127-095-009
  • Fencing: Back Yard, Chain Link, Front Yard, Side Yard, Wood
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 8712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
May 9, 2023
Sold by
Morales Cristina
Bought by
Sanchez Jesus Moreles and Morales Ruth P
Seller's Agent
Amanda Flores
Select Realty Group, LLC
Buyer's Agent
Nonmember
Multiple Listing Service
List Price
$177,000
Total Days on Market
268
Views
123
Current Estimated Value
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$113,904
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Morales Cristina and Morales Fernando S
Bought by
Morales Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,044
Interest Rate
6.4%
Mortgage Type
FHA

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
Sanchez Jesus Moreles -- Pioneer Title
Morales Cristina -- Guaranty Title Co
Morales Cristina -- Guaranty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jesus Moreles $120,000
Previous Owner Morales Cristina $29,044
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
08/13/2023 08/13/23 Off Market -- -- --
05/15/2023 05/15/23 Sold -- -- --
02/12/2023 02/12/23 Pending -- -- --
07/26/2022 07/26/22 Price Changed $156,000 -11.9% $67 / Sq Ft
05/20/2022 05/20/22 For Sale $177,000 -- $76 / 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
2022 $164 $6,631 $774 $5,857
2021 $158 $6,438 $774 $5,664
2020 $155 $6,250 $774 $5,476
2019 $154 $6,068 $774 $5,294
2018 $149 $5,892 $774 $5,118
2017 $144 $5,720 $797 $4,923
2015 $145 $0 $0 $0
2014 $128 $0 $0 $0
Source: Public Records

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

MLS Number: 2201497

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

APN: 4-157-127-095-009