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551 Michael Ave; Los Lunas, NM Property Details

551 Michael Ave, Los Lunas, NM is a Single Family that was built in 2024. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 551 Michael Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,424 square feet. The lot size of 551 Michael Ave is 6,098 square feet.

Off market
551 Michael Ave SW Los Lunas, NM 87031
$318,000 Listing Price
3 Beds
2 Baths
1,424 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2024
  • Est. Equity / %: $343,000 / 100%
  • Gross Yield: 8.173%
  • APN: 1 005 039 506 238
  • Situs County: Valencia
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,424/SqFt
  • Lot: 6,098/SqFt
  • Living: 1,424/SqFt
  • Building: 1,424/SqFt

Legal Description

  • Description: SUBD LEGACY AT SIERRA VISTA LOT 78 S 23 T 7N R 1E 0.14 ACRES PLAT M-496
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Los Lunas Public Schools
  • Lat / Lon: 34.81865 / -106.799515
  • Subdivision: Legacy At Sierra Vista
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 7410

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

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

Taxes

551 Michael Ave SW has 10 associated Taxes items

551 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 $109,050. The APN we've located for 551 Michael Ave is 1 005 039 506 238.

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Taxes
  • Assessed Value:  $109,050
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 005 039 506 238
  • Assessed Land Value:  21333
  • Market Land Value:  64000
  • Tax Amount:  4259.38
  • Tax Year:  2025
  • Market Value:  327152
  • Market Year:  2025

Tax History

551 Michael Ave SW has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $109,050 Land Value $21,333 Improvement Value $87,717 Tax Amount $4,259.38 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%