NOT LISTED FOR SALE

9 Franks Ln La Luz, NM 88337

Estimated Value: $216,000 - $241,000

3 Beds
1 Bath
1,844 Sq Ft
$126/Sq Ft Est. Value

About This Home

This home is located at 9 Franks Ln, La Luz, NM 88337 and is currently estimated at $231,904, approximately $125 per square foot. 9 Franks Ln is a home with nearby schools including Yucca Elementary School, La Luz Elementary School, and Chaparral Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
William C Garcia Living Trust and Garcia William C
Bought by
Jones Steven Douglas and Jones Jana M
Current Estimated Value
$236,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$249,137
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
-$17,233

Purchase Details

Closed on
Jun 24, 2016
Sold by
Arthur Ortega 11
Bought by
William C Garcia Living Trust

Purchase Details

Closed on
Feb 10, 2012
Sold by
Prewit Darla and Prewit Russell
Bought by
William C Garcia Living Trust

Purchase Details

Closed on
Mar 6, 2008
Sold by
Franks Wilford J and Franks Darlene
Bought by
Franks Wilford J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jones Steven Douglas -- None Listed On Document
William C Garcia Living Trust -- None Listed On Document
Ortgea Arthur -- None Available
William C Garcia Living Trust -- None Available
Franks Wilford J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Steven Douglas $250,000
Source: Public Records

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
2025 $733 $40,582 $9,979 $30,603
2024 $733 $39,400 $9,654 $29,746
2023 $724 $38,252 $9,376 $28,876
2022 $705 $37,138 $9,132 $28,006
2021 $705 $36,057 $8,757 $27,300
2020 $705 $36,057 $8,757 $27,300
2019 $692 $35,350 $8,585 $26,765
2018 $674 $35,000 $8,499 $26,497
2017 $621 $35,000 $8,499 $26,497
2016 $565 $30,686 $0 $0
2015 $559 $30,686 $0 $0
2014 -- $30,686 $8,160 $22,526
Source: Public Records

Map

New Mexico Otero County La Luz 88337

9 Franks Ln, La Luz, NM

This home is located at 9 Franks Ln, La Luz, NM 88337 and is currently estimated at $231,904, approximately $125 per square foot. 9 Franks Ln is a home with nearby schools including Yucca Elementary School, La Luz Elementary School, and Chaparral Middle School.

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