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1201 South Mallery Street

1201 South Mallery Street, Deming, NM 88030
House in Luna
Sold Dec 23, 2021
$4,655,000
$3,500,000 by First New Mexico Bank
Mortgage
Sold Feb 12, 2019
$130,000
$123,500 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2049
1201 South Mallery Street has been categorized by the local assessors in Deming, NM as a residential type of property.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1201 South Mallery Street was last sold in Dec 23, 2021 for $4,655,000. Prior to that sales transaction, the property was sold for $130,000 in Jan 31, 2019. Current property owners are expected to pay $1,987 in taxes per year. The property on 1201 South Mallery Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $73,387. To break that down further, the land itself was valued at $10,965. While improvements to the property were assessed at a total of $62,422. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Masonite Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAM ALLEN
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SAM ALLEN BLOCK A LOT 5

Ownership

  • Current Owner : MICHAELSON ELIZABETH
  • Previous Owner : QUINTANA
  • Previous Owner 2: MARIA
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY FSB
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Deming Public Schools
  • Census Tract: 000100

Geography

  • Account Number: 22221
  • Parcel: 3050138188445
  • Block: A
  • Lot: 5
  • Latitude: 32.2564
  • Longitude: -107.74

    Address

  • Full Address: 1201 S Mallery St
  • Address - House Number: 1201
  • Street Direction: S
  • Address - Street Name: Mallery
  • Address - Suffix Type: St
  • State: NM
  • City Name: Deming
  • Carrier Code: C002
  • 4-Digit Zip Code: 5516
  • Zip Code: 88030

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,987
  • Tax Rate Code Area: DEM

    Appraisal Valuation

  • Standard Deviation: 0.2396
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 305,175
  • High Value: 378,316
  • Low Value: 232,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,500,000
  • First Open Lien Mortgage Lender: FIRST NEW MEXICO BANK
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $3,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $220,161
  • Market Land Value: $32,895
  • Market Improvement Value: $187,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,387
  • Assessed Land Value: $10,965
  • Assessed Improvements Value: $62,422

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11877930126
  • Current Sale Price: $4,655,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5490
  • Previous Sale Recording Date: Feb 12, 2019
  • Previous Sale Contract Date: Jan 31, 2019
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NEW MEXICO BANK
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $3,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 12, 2019
  • Previous Mortgage Loan Amount: $123,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Deming



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1201 South Mallery Street located in?
The 1201 South Mallery Street is a house located in the neighborhood of Luna in Deming, Deming.
What is the average sales price for listings in 1201 South Mallery Street?
The average sales price for units in 1201 South Mallery Street is $139,900 currently.

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