108 Michigan Dr Elephant Butte, NM 87935
Estimated Value: $318,000 - $408,000
3
Beds
3
Baths
2,210
Sq Ft
$159/Sq Ft
Est. Value
About This Home
This home is located at 108 Michigan Dr, Elephant Butte, NM 87935 and is currently estimated at $350,844, approximately $158 per square foot. 108 Michigan Dr is a home located in Sierra County with nearby schools including Hot Springs High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2023
Sold by
Gerads Jennifer and Lyons Jennifer L
Bought by
Lyons Jennifer L and Lyons Stephen J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,552
Outstanding Balance
$294,368
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$56,476
Purchase Details
Closed on
Feb 25, 2020
Sold by
Kulak Susan K and Susan K Kulak Revocable Trust
Bought by
Gerads Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,786
Interest Rate
3.6%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyons Jennifer L | -- | Sierra County Title | |
| Gerads Jennifer | -- | Sierra County Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyons Jennifer L | $299,552 | |
| Previous Owner | Gerads Jennifer | $178,786 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,233 | $77,483 | $12,756 | $64,727 |
| 2024 | $2,152 | $75,481 | $12,384 | $63,097 |
| 2023 | $2,152 | $67,491 | $11,333 | $56,158 |
| 2022 | $1,857 | $69,044 | $11,673 | $57,371 |
| 2021 | $1,935 | $67,033 | $11,333 | $55,700 |
| 2020 | $1,945 | $67,491 | $11,333 | $56,158 |
| 2019 | $1,927 | $67,491 | $11,333 | $56,158 |
| 2018 | $1,897 | $67,491 | $11,333 | $56,158 |
| 2017 | $2,205 | $79,125 | $8,373 | $70,752 |
| 2016 | $1,975 | $76,824 | $8,130 | $68,694 |
| 2015 | -- | $76,824 | $8,130 | $68,694 |
| 2014 | -- | $74,356 | $7,663 | $66,693 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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