NOT LISTED FOR SALE

9050 Teak Ln Unit 3 Mesilla Park, NM 88047

Estimated Value: $197,000

1.83 Acres
$107,650 Price per Acre
79,715 Sq Ft Lot

Last Sold June 01, 2021

Current estimated payment $1,117/month

19 Days on Market

About This Lot

As of June 2021

Incredible opportunity for those wanting to own acreage for a home and ample space to grow fruit, vegetables, herbs... you name it! This gem of a property is zoned for a site built home or a mobile home and allows for agriculture operations such as farming & ranching, livestock and stables. To accommodate this beautiful lifestyle, on the property there is water well that provides 7-acre per annum of water and shall convey with the sale. Also on the property is a 20 x 20 building that can be used as for storage or a workshop. Gas and water are in the street and city sewer is at both Roswell Rd and Teak Lane. Last but not least, electricity is on the property. Accepting cash, conventional or owner financing (to be negotiated). What more could you ask for? Don't wait too long to make an offer, this property is a gem and may be gone before you know it.

Last Listed By

Cristal Garcia

License #53772 Listed on: 04/14/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

Lot Details

  • 1.83 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Cleared Lot

Utilities

  • Irrigation Well

Community Details

  • No Home Owners Association
  • Brazito Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4-012-143-205-243

Property Details

Property Type

Land

Est. Annual Taxes

$297

Lot Details

0

Listing Details

  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Gravel
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: Brazito Acres Subdivision
  • Directions: From Stern Drive, turn west onto Yucca Road, then turn left on Roswell Road (south), then left on Teak Lane (east). Property is on the corner of Roswell Road & Teak Lane and runs the length of Teak Lane on the South side.
  • Special Features: None

Exterior Features

  • Acres: 1.83

Utilities

  • Sewer: City Sewer
  • Water Source: Irrigation Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 4-012-143-205-243
  • Topography: Cleared,Level
  • Lot Dimensions: 1.51 to 2 AC
  • Lot Size Sq Ft: 79714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 25, 2021
Sold by
Martinez Arthur
Bought by
Kavanagh Brendan Michael Patrick
Seller's Agent
Cristal Garcia
Buyer's Agent
Cristal Garcia
List Price
$57,000
Total Days on Market
19
Current Estimated Value
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jul 27, 2017
Sold by
Martinez Arthur O
Bought by
Martinez Arthur

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
Kavanagh Brendan Michael Patrick -- Dona Ana Title Company
Martinez Arthur -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kavanagh Brendan Michael Patrick $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
08/30/2021 08/30/21 Off Market -- -- --
06/01/2021 06/01/21 Sold -- -- --
05/03/2021 05/03/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $57,000 0.0% --
04/15/2021 04/15/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $57,000 -- --
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 $297 $12,810 $12,810 --
2023 $300 $12,810 $12,810 $0
2022 $306 $12,810 $12,810 $0
2021 $304 $12,810 $12,810 $0
2020 $306 $12,810 $12,810 $0
2019 $306 $12,810 $12,810 $0
2018 $447 $16,767 $16,767 $0
2017 $20 $881 $881 $0
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: 2101181

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

APN: 03-21372