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240 Michael Ave; Los Lunas, NM Property Details

240 Michael Ave, Los Lunas, NM is a Single Family. This property is currently Financed,New Construction and is not for sale. Our records show that 240 Michael Ave has a total of 1,410 square feet. The lot size of 240 Michael Ave is 5,227 square feet.

Off market
240 Michael Ave SW Los Lunas, NM 87031
$100,583 Estimated Value
1,410 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $192,850
  • Open Loans / Balance: 2 / $613,751
  • Est. Equity / %: $-262,751 / -74.86%
  • Gross Yield: 7.508%
  • APN: 1 006 039 016 296
  • Situs County: Valencia
  • Length Of Ownership: 1 year, 9 months

Measurements

  • Total: 1,410/SqFt
  • Lot: 5,227/SqFt
  • Living: 1,410/SqFt
  • Building: 1,410/SqFt
  • Price Per Square Foot: $136.77

Legal Description

  • Description: SUBD LEGACY AT SIERRA VISTA LOT 56 S 24 T 7N R 1E 0.12 ACRES PLAT M-496
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Los Lunas Public Schools
  • Lat / Lon: 34.82025 / -106.79819
  • Subdivision: Legacy At Sierra Vista
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 7388

HOA

  • H O A One: $25
  • H O A Amount: $25
  • H O A One Frequency: Monthly
  • H O A One Name: Sierra Vista Communities Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

240 Michael Ave SW has no associated ownership info
240 Michael Ave SW has no associated ownership info.

Taxes

240 Michael Ave SW has 10 associated Taxes items

240 Michael Ave, Los Lunas, NM pays taxes in Valencia County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $100,583. The APN we've located for 240 Michael Ave is 1 006 039 016 296.

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Taxes
  • Assessed Value:  $100,583
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 006 039 016 296
  • Assessed Land Value:  21333
  • Market Land Value:  64000
  • Tax Amount:  3928.68
  • Tax Year:  2025
  • Market Value:  301750
  • Market Year:  2025

Tax History

240 Michael Ave SW has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $100,583 Land Value $21,333 Improvement Value $79,250 Tax Amount $3,928.68 Change Rate Assessed CR Tax Rate +0.039059%
Year 2024 Assessed Value $19,500 Land Value $19,500 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $19,500 Land Value $19,500 Improvement Value Tax Amount $726.96 Change Rate -0.038464% Assessed CR Tax Rate +0.03728%
Year 2022 Assessed Value $19,500 Land Value $19,500 Improvement Value Tax Amount $756.04 Change Rate Assessed CR Tax Rate +0.038771%