$275,000
SOLD MAR 28, 2025
Last list price
3 Beds
2 Baths
2,214 Sq Ft
4,998 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

107 Days on Market

About This Home

As of March 2025

DOWNTOWN LAS CRUCES INVESTMENT OPPORTUNITY. This charming adobe-built renovation is located in the Mesquite Historic District within 10 blocks of the Las Cruces Farmers Market. This property consists of two units. Unit A is 1092 square feet, 2 bedrooms, .75 bathroom. Unit B is 1122 square feet, 1 bedroom, PLUS a super cute loft space, and a .75 bathroom. Both units have stackable washer/dryer hookups. Both units are all-tile and some vinyl flooring in unit B. New exterior elastomeric paint was completed October 2024. Centrally located near shopping, live theatre, restaurants, coffee shops, pubs, all that vibrant downtown Las Cruces has to offer.

Last Agent to Sell the Property

Jeffrey Stevens

Berkshire Hathaway Homeservices - NM Properties License #47726 Listed on: 11/12/2024

Berkshire Hathaway Homeservices - NM Properties

Last Buyer's Agent

Mindy Byrnes

Sims & Co. Real Estate License #48488

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1932

Lot Details

  • 4,998 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Stucco
  • Adobe

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • No Home Owners Association
  • 2 Units
  • Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-007-134-260-510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$409

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Residential Income
  • Year Built: 1932
  • Co List Office Mls Id: LCNPCL
  • Subdivision Name: Original Townsite
  • Directions: From East Picacho Ave., South on San Pedro. Property on the right.
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat
  • Acres: 0.11
  • Construction Type: Adobe, Stucco

Garage/Parking

  • Parking Features: Street Parking

Utilities

  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-007-134-260-510
  • Lot Dimensions: 0 to .24 AC
  • Lot Size Sq Ft: 4998

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Mar 28, 2025
Sold by
Paula Herrington Living Trust and Herrington Paula
Bought by
Salcido Angel
Seller's Agent
Jeffrey Stevens
Berkshire Hathaway Homeservices - NM Properties
Buyer's Agent
Mindy Byrnes
Sims & Co. Real Estate
List Price
$295,000
Views
68
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$251,538
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$20,462

Purchase Details

Closed on
Sep 28, 2006
Sold by
Polanco Irene C
Bought by
Polanco Irene C and Polanco Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- Southwestern Abstract & Title
Interfamily Deed Transfer -- Southwestern Abstract & Titl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,750 New Conventional
Previous Owner $57,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold -- -- --
02/27/2025 02/27/25 Pending -- -- --
02/22/2025 02/22/25 Price Changed $275,000 -6.8% $124 / Sq Ft
11/12/2024 11/12/24 For Sale $295,000 -- $133 / 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 $409 $13,427 $7,435 $5,992
2023 $403 $13,035 $7,429 $5,606
2022 $397 $12,656 $7,321 $5,335
2021 $384 $12,287 $7,215 $5,072
2020 $375 $11,930 $7,113 $4,817
2019 $365 $11,583 $7,014 $4,569
2018 $352 $11,246 $6,918 $4,328
2017 $314 $10,918 $6,824 $4,094
2016 $309 $10,600 $6,733 $3,867
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: 2403401

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

APN: 02-04670