Check Availability

703 Homestead Circle

703 Homestead Circle, Las Cruces, NM 88011
Property in Dona Ana
Sold Sep 15, 2022
$266,000
$200,000 by Guild Mortgage Company Llc
Mortgage Due Oct 01, 2052
Sold Jan 18, 2012
$130,000
$104,000 by Firstlight Fcu
Mortgage Due Feb 01, 2027
Local assessors in Las Cruces, NM have categorized 703 Homestead Circle as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 6,970 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 703 Homestead Circle has a total of 1,833 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on a evaporative cooler for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 703 Homestead Circle was last sold in Sep 13, 2022 for $266,000. According to our calculations, that's $119.12 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Jan 18, 2012. Current property owners are expected to pay $3,099 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 703 Homestead Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $100,210. To break that down further, the land itself was valued at $13,333. While improvements to the property were assessed at a total of $86,877. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,233
  • Gross Building Area: 2,233
  • Building Area: 1,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 1,833
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAGECREST SUBDIVISION #1
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: SAGECREST SUBDIVISION #1 1091 LOT: 71 BLOCK: 3 S: 9 T: 23S R: 2E

Ownership

  • Current Owner : MEMRICK PAUL
  • Current Owner 2: MEMRICK KAREN
  • Previous Owner : RUSSELL THOMAS W
  • Previous Owner 2: SHERMAN JUDITH
  • Owner Before Previous Owner: KRATZ PATRICIA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Las Cruces Public Schools
  • Census Tract: 001206

Zoning

  • Zoning: PUD

Geography

  • Account Number: R0213470
  • Parcel: 02-13470
  • Block: 3
  • Lot: 71
  • Meridian: SEC 09 TWN 23S RNG 02E
  • Latitude: 32.3282
  • Longitude: -106.747

    Address

  • Full Address: 703 Homestead Cir
  • Address - House Number: 703
  • Address - Street Name: Homestead
  • Address - Suffix Type: Cir
  • State: NM
  • City Name: Las Cruces
  • Carrier Code: C034
  • 4-Digit Zip Code: 8007
  • Zip Code: 88011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,099
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 2IN_R

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 67
  • Final Value: 292,733
  • High Value: 361,752
  • Low Value: 223,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2022
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $300,630
  • Market Land Value: $40,000
  • Market Improvement Value: $260,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,210
  • Assessed Land Value: $13,333
  • Assessed Improvements Value: $86,877

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Transaction ID: 11895893775
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24724
  • Previous Sale Recording Date: Jan 18, 2012
  • Previous Sale Contract Date: Jan 18, 2012
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Sep 15, 2022
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTLIGHT FCU
  • Previous Mortgage Transaction Date: Jan 18, 2012
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2027

About Las Cruces



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4202 Tres Ninos, Las Cruces, NM, 88011

$1,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
4202 Tres Ninos #4202 Tres Ninos - A, Las Cruces, NM, 88011 Listing by Manager
Unit for rent at 4278 Nambe Ct, Las Cruces, NM, 88011

$1,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,535 ft²
4278 Nambe Ct #4278 Nambe Ct, Las Cruces, NM, 88011 Listing by Manager
Unit for rent at 2775 N Roadrunner Pkwy, Las Cruces, NM, 88011

$1,510 /mo

  • 2 Beds
  • 2 Baths
  • 1,038 ft²
2775 N Roadrunner Pkwy #2775 N Roadrunner Pkwy 1402, Las Cruces, NM, 88011 Listing by Manager
Unit for rent at 2135 Martha Dr, Las Cruces, NM, 88005

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,384 ft²
2135 Martha Dr #2135 Martha Dr, Las Cruces, NM, 88005 Listing by Manager
Unit for rent at 1151 N Roadrunner Pkwy, Las Cruces, NM, 88011

$1,435 /mo

  • 2 Beds
  • 2 Baths
  • 1,070 ft²
1151 N Roadrunner Pkwy #1151 N Roadrunner Pkwy 1507, Las Cruces, NM, 88011 Listing by Manager
Unit for rent at 3650 Morningstar Dr. Unit 907, Las Cruces, NM, 88011

$1,450 /mo

  • 1 Bed
  • 1 Bath
  • 760 ft²
3650 Morningstar Dr. Unit 907 #3650 Morningstar Dr. Unit 907, Las Cruces, NM, 88011 Listing by Manager
Unit for rent at 251 N Roadrunner Pkwy, Las Cruces, NM, 88011

$1,560 /mo

  • 3 Beds
  • 2 Baths
  • 1,170 ft²
251 N Roadrunner Pkwy #251 N Roadrunner Parkway 801, Las Cruces, NM, 88011 Listing by Manager

Frequently Asked Questions

What neighborhood is 703 Homestead Circle located in?
The 703 Homestead Circle is a located in the neighborhood of Do?a Ana in Las Cruces, Las Cruces.
What is the average sales price for listings in 703 Homestead Circle?
The average sales price for units in 703 Homestead Circle is $0 currently.

Quantcast