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1305 Lera Circle

1305 Lera Circle, Carlsbad, NM 88220
Property in Eddy
Sold Dec 13, 2022
Transfer
$310,337 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2048
Sold Jun 19, 2018
$303,800
Buyer
Seller
$310,337 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2048
1305 Lera Circle has been categorized by the local assessors in Carlsbad, NM as a residential type of property. In addition, 1305 Lera Circle has 2,436 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,054 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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. Before that, the property was also sold for $303,800 in Jun 13, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,971 in taxes each year. 1305 Lera Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,924. If we break it down further, the land itself was valued at $8,218. Improvements to the property, however, were assessed at a total of $110,706. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 13,054
  • Total Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUIET WATERS
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUBD: QUIET WATERS LOT: 6 BLOCK: 2

Ownership

  • Current Owner : SCHULTZ JAMES MICHAEL
  • Previous Owner : SOUTHWEST PETROLEUM LAND SERVICES
  • Owner Before Previous Owner: HEWITT KAREN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Carlsbad Municipal Schools
  • Census Tract: 000200

Geography

  • Assessors Map Reference: 181-2-6B
  • Account Number: R054452
  • Parcel: 4156126336032
  • Block: 2
  • Lot: 6
  • Municipality: CARLSBAD INSIDE CITY LIMITS
  • Latitude: 32.4428
  • Longitude: -104.244

    Address

  • Full Address: 1305 Lera Cir
  • Address - House Number: 1305
  • Address - Street Name: Lera
  • Address - Suffix Type: Cir
  • State: NM
  • City Name: Carlsbad
  • Carrier Code: C017
  • 4-Digit Zip Code: 4134
  • Zip Code: 88220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,971

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 411,250
  • High Value: 498,520
  • Low Value: 323,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,337
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 19, 2018
  • First Open Lien Mortgage Loan Amount: $310,337
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $356,771
  • Market Land Value: $24,653
  • Market Improvement Value: $332,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,924
  • Assessed Land Value: $8,218
  • Assessed Improvements Value: $110,706

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Transaction ID: 11899765785
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13587
  • Previous Sale Recording Date: Jun 19, 2018
  • Previous Sale Contract Date: Jun 13, 2018
  • Previous Sale Amount: $303,800
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jun 19, 2018
  • Previous Mortgage Loan Amount: $310,337
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Carlsbad



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Frequently Asked Questions

What neighborhood is 1305 Lera Circle located in?
The 1305 Lera Circle is a located in the neighborhood of Eddy in Carlsbad, Carlsbad.
What is the average sales price for listings in 1305 Lera Circle?
The average sales price for units in 1305 Lera Circle is $0 currently.

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