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480 Michael Ave; Los Lunas, NM Property Details

480 Michael Ave, Los Lunas, NM is a Single Family that was built in 2023. This property is currently a cash purchase and is for sale. Our records show that 480 Michael Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,384 square feet. The lot size of 480 Michael Ave is 5,227 square feet.

On Market for 51 days
480 Michael Ave SW Los Lunas, NM 87031
$385,000 Listing Price
4 Beds
2.5 Baths
2,384 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2023
  • Est. Equity / %: $410,000 / 100%
  • Gross Yield: 7.908%
  • APN: 1 006 039 003 240
  • Situs County: Valencia
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 2,384/SqFt
  • Lot: 5,227/SqFt
  • Living: 2,384/SqFt
  • Building: 2,384/SqFt

Legal Description

  • Description: SUBD LEGACY AT SIERRA VISTA LOT 5 S 24 T 7N R 1E
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: 34.818714 / -106.79863
  • Subdivision: Legacy At Sierra Vista
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 7258

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

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

Taxes

480 Michael Ave SW has 10 associated Taxes items

480 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 $117,760. The APN we've located for 480 Michael Ave is 1 006 039 003 240.

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Taxes
  • Assessed Value:  $117,760
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 006 039 003 240
  • Assessed Land Value:  19500
  • Market Land Value:  58500
  • Tax Amount:  4599.58
  • Tax Year:  2025
  • Market Value:  353279
  • Market Year:  2025

Tax History

480 Michael Ave SW has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $117,760 Land Value $19,500 Improvement Value $98,260 Tax Amount $4,599.58 Change Rate Assessed CR Tax Rate +0.039059%
Year 2024 Assessed Value $114,330 Land Value $19,500 Improvement Value $94,830 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $132,845 Land Value $19,500 Improvement Value $113,345 Tax Amount $3,651.46 Change Rate +3.829718% Assessed CR Tax Rate +0.027487%
Year 2022 Assessed Value $19,500 Land Value $19,500 Improvement Value Tax Amount $756.04 Change Rate Assessed CR Tax Rate +0.038771%