NOT LISTED FOR SALE

819 Madero Ave Las Cruces, NM 88005

Estimated Value: $236,000

5 Beds
2 Baths
678 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 14, 2019

Current estimated payment $1,403/month

13 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • 4-minute walk to Lions Park

About This Home

As of June 2019

Great investment property! This 7 unit complex has two Adobe casitas (1 bedroom/1bath) and a duplex and triplex which are all studios apartments. All units are individually metered for gas and electric. Owner pays water, sewer and trash. Five of the units have been recently remodeled and in great condition. All new heaters, refrigerators, water heaters, stoves, tile and bathtubs. Most of the units have been re-roofed and re-stuccoed. All have evaporative air conditioning. The majority of the units have ceramic tile. Centrally located in Alameda area and close to parks, shopping and restaurants.

Last Agent to Sell the Property

Irma Chavez-May

EXIT Realty Horizons License #42179 Listed on: 04/22/2019

EXIT Realty Horizons

Last Buyer's Agent

Courtney Smith

Coldwell Banker Legacy Elite License #51365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1933

Lot Details

  • 10,500 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Composition Roof
  • Stucco
  • Adobe

Utilities

  • Evaporated cooling system
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 7 Units
  • Palmers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-006-135-334-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,741

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Sub Type: Apartment Complex
  • Property Type: Residential Income
  • Year Built: 1933
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: Palmers Subdivision
  • Directions: West on Picacho, North on Parker, West/left on Madero
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator

Exterior Features

  • Roof: Composition, Flat, Minimum Pitch
  • Acres: 0.24
  • Construction Type: Adobe, Frame, Stucco

Garage/Parking

  • Parking Features: Paved Area

Utilities

  • Heating: Gas
  • Cooling: Evaporative Central
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-006-135-334-026
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 10500

Multi Family

  • Number Of Units Total: 7

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

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
03/05/2021 03/05/21 Off Market -- -- --
06/14/2019 06/14/19 Sold -- -- --
05/05/2019 05/05/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $285,000 -- $420 / 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
2024 $1,741 $57,160 $8,333 $48,827
2023 $1,716 $55,495 $8,333 $47,162
2022 $1,690 $53,879 $8,333 $45,546
2021 $2,949 $94,339 $8,333 $86,006
2020 $3,006 $95,666 $8,333 $87,333
2019 $984 $31,245 $8,333 $22,912
2018 $950 $30,335 $8,333 $22,002
2017 $872 $30,335 $8,333 $22,002
2016 $884 $30,333 $8,333 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1901161

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

APN: 02-02320