NOT LISTED FOR SALE

812 Watson Ln Las Cruces, NM 88005

Estimated Value: $431,064

3 Beds
3 Baths
2,133 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 20, 2024

Current estimated payment $2,438/month

12 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Evaporated cooling system

About This Home

As of February 2024

This is a home that has been converted to a Duplex and has a very good rental history. Duplex is part adobe and part frame stucco. One unit is a one bedroom, one bath with washer & dryer hook ups. The other unit is a two bedroom, two bath and an office with washer & dryer hook ups. It sits on 1.92 acres with about 80 pecan trees. There is an irrigation well with EBID and city water. This property has the potential to add additional units or build a home in the future. This duplex is near the Historical Town of Mesilla, New Mexico State University, hospital, shopping and medical facilities to include the I-10/I-25 corridor.

Last Agent to Sell the Property

Patricia Preciado

Coldwell Banker Legacy Elite License #38416 Listed on: 01/02/2024

Coldwell Banker Legacy Elite

Last Buyer's Agent

Ashley Parkey Salopek

Berkshire Hathaway Homeservices - NM Properties License #48859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1920

Lot Details

  • 1.92 Acre Lot
  • Wire Fence

Parking

  • Carport

Home Design

  • Duplex
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco
  • Adobe

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4-007-138-416-226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,821

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1920
  • Co List Office Mls Id: LCNCBDH
  • Subdivision Name: N/A
  • Directions: Avenida de Mesilla to Watson Lane.
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 3

Exterior Features

  • Roof: Metal, Minimum Pitch
  • Acres: 1.92
  • Construction Type: Adobe, Frame, Stucco

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Forced Air, Gas
  • Cooling: Evaporative Central
  • Sewer: Septic Tank
  • Water Source: City, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-007-138-416-226
  • Fencing: Wire
  • Lot Dimensions: 1.51 to 2 AC
  • Lot Size Sq Ft: 83635

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2015
Sold by
Rivas Ralf D
Bought by
Rivas Living Trust Dated 12 29 99
Current Estimated Value
$431,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,520
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Pierce John C and Pierce Louise C
Bought by
Rivas Ralf D and Rivas Isabel F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rivas Living Trust Dated 12 29 99 -- None Available
Rivas Ralf D -- Southwestern Abstract & Titl
Rivas Ralf D -- Las Cruces Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rivas Ralf D $124,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Sold -- -- --
01/15/2024 01/15/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $350,000 +40.0% $164 / Sq Ft
12/24/2023 12/24/23 Off Market -- -- --
07/08/2021 07/08/21 Off Market -- -- --
04/09/2021 04/09/21 Sold -- -- -- View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $250,000 0.0% $117 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $250,000 -- $117 / 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
2023 $1,821 $77,776 $38,400 $39,376
2022 $1,856 $77,776 $38,400 $39,376
2021 $1,404 $59,117 $38,400 $20,717
2020 $1,412 $59,117 $38,400 $20,717
2019 $1,414 $59,117 $38,400 $20,717
2018 $1,406 $59,117 $38,400 $20,717
2017 $1,375 $59,117 $38,400 $20,717
2016 $1,486 $62,800 $26,367 $36,433
2015 $1,487 $188,385 $79,069 $109,316
2014 $1,465 $185,600 $77,900 $107,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 2400007

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

APN: 03-06860