Sold May 04, 1998
$125,900
Buyer
Seller
$100,700
by First National Bank
Mortgage Due May 01, 2028
5125 Inspiration Lane has been categorized by the local assessors in Las Cruces, NM as a residential type of property.
The building on the property was first built in 1997 and is 27 years old.
However, we must point out that the home was most recently renovated and altered in 1999.
The home has a total of 4 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 5125 Inspiration Lane has 1,616 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 23,278 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 5125 Inspiration Lane sold most recently in May 1, 1998 for a total of $125,900. If you work out the math, that's approximately a cost of $60.07 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 $1,646 in taxes each year. 5125 Inspiration Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,234. If we break it down further, the land itself was valued at $9,959. Improvements to the property, however, were assessed at a total of $45,275. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 5125 Inspiration Lane sold most recently in May 1, 1998 for a total of $125,900. If you work out the math, that's approximately a cost of $60.07 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 $1,646 in taxes each year. 5125 Inspiration Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,234. If we break it down further, the land itself was valued at $9,959. Improvements to the property, however, were assessed at a total of $45,275. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
5125 Inspiration Lane, Las Cruces, NM 88011
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