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405 Warachie Lane

405 Warachie Lane, Carlsbad, NM 88220
Property in Eddy
Sold Dec 21, 2021
$321,300
$257,050 by Premia Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Nov 01, 2018
$206,200
$203,500 by Western Commerce Bank
Mortgage Due Nov 01, 2048
This has been categorized as a residential property type. In total, the area measurement of the land is 7,976 square feet.

Learn more about the property and building on this page. 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, 405 Warachie Lane sold most recently in Dec 21, 2021 for a total of $321,300. Before that, the property was also sold for $206,200 in Oct 31, 2018. 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 $1,971 in taxes each year. 405 Warachie Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $78,913. If we break it down further, the land itself was valued at $17,228. Improvements to the property, however, were assessed at a total of $61,685. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 7,976
  • 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: MARTIN FARMS SUBDIVISION
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUBD: MARTIN FARMS SUBDIVISION UNIT 1 LOT: 21 QUARTER: SW S: 20 T: 22S R: 27E

Ownership

  • Current Owner : RODRIGUEZ ARMANDO
  • Previous Owner : OLIVAS PABLO H
  • Previous Owner 2: GONZALEZ MARLIN P
  • Owner Before Previous Owner: CORRALES CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Carlsbad Municipal Schools
  • Census Tract: 000600

Geography

  • Assessors Map Reference: 267-MF1-21
  • Account Number: R200806
  • Parcel: 4158130094309
  • Lot: 21
  • Meridian: SEC 20 TWN 22S RNG 27E
  • Municipality: CARLSBAD INSIDE CITY LIMITS
  • Latitude: 32.3771
  • Longitude: -104.217

    Address

  • Full Address: 405 Warachie Ln
  • Legal Unit: 1
  • Address - House Number: 405
  • Address - Street Name: Warachie
  • Address - Suffix Type: Ln
  • State: NM
  • City Name: Carlsbad
  • Carrier Code: C014
  • 4-Digit Zip Code: 6075
  • Zip Code: 88220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,971

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 298,581
  • High Value: 366,543
  • Low Value: 230,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,050
  • First Open Lien Mortgage Lender: PREMIA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $257,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $236,741
  • Market Land Value: $51,685
  • Market Improvement Value: $185,056

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,913
  • Assessed Land Value: $17,228
  • Assessed Improvements Value: $61,685

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875834080
  • Current Sale Price: $321,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2115134
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Contract Date: Oct 31, 2018
  • Previous Sale Amount: $206,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIA MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $257,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WESTERN COMMERCE BANK
  • Previous Mortgage Transaction Date: Nov 01, 2018
  • Previous Mortgage Loan Amount: $203,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Carlsbad



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Frequently Asked Questions

What neighborhood is 405 Warachie Lane located in?
The 405 Warachie Lane is a located in the neighborhood of Eddy in Carlsbad, Carlsbad.
What is the average sales price for listings in 405 Warachie Lane?
The average sales price for units in 405 Warachie Lane is $0 currently.

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