Sold Mar 31, 2021
$872,000
$697,600
by James Polk Stone Community Ban
Mortgage Due Apr 01, 2029
Local assessors in Carlsbad, NM have categorized 1025 Malibu Way as a residential type of property.
The property's lot size has been calculated to be 11,265 square feet.
If we look only at the heated or air conditioned part of the building, then 1025 Malibu Way has a total of 2,457 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1025 Malibu Way sold most recently in Oct 28, 2020 for a total of $872,000. If you work out the math, that's approximately a cost of $354.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,913 in taxes each year. 1025 Malibu Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,572. If we break it down further, the land itself was valued at $17,461. Improvements to the property, however, were assessed at a total of $101,111. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1025 Malibu Way sold most recently in Oct 28, 2020 for a total of $872,000. If you work out the math, that's approximately a cost of $354.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,913 in taxes each year. 1025 Malibu Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,572. If we break it down further, the land itself was valued at $17,461. Improvements to the property, however, were assessed at a total of $101,111. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
1025 Malibu Way, Carlsbad, NM 88220
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