NOT LISTED FOR SALE

108 Spring Rd Ruidoso Downs, NM 88346

Estimated Value: $328,772

9 Beds
4.5 Baths
3,000 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 28, 2022

Current estimated payment $1,759/month

143 Days on Market

Highlights

  • Ranch Style House
  • Front Porch
  • Outdoor Storage
  • Wood Flooring
  • Cooling Available
  • Ceiling Fan

About This Home

As of January 2022

This property consists of a triplex and a stand alone single family unit. Each unit in the triplex is 2 bedroom, 1 bath bringing in $550 a month rent. The single family unit is 3 bedroom 1.5 bath and has the potential to bring in around $700 a month rent. Property has a great long term rental potential.

Recently added to listing is the manufactured home and .13 acre lot at 101 Wright Ln.
Being sold as-is where is.

Last Agent to Sell the Property

Lily Mendenall

Future Real Estate License #52407 Listed on: 07/03/2021

Last Buyer's Agent

Traci Mitchell

Mountain Home Properties NM License #53817

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1945

Lot Details

  • 0.46 Acre Lot
  • Dog Run
  • Back Yard Fenced

Parking

  • Parking Lot

Home Design

  • Triplex
  • Ranch Style House
  • Fixer Upper
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Gas Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Front Porch

Utilities

  • Cooling Available
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Palo Verde Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Assessor Parcel Number 26-501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$720

Year Built

Built in 1945

Lot Details

0.46 Acres

Listing Details

  • Directions: Hwy 7- East through Ruidoso Down, Spring rd South, 108 is on the right.
  • Unit Levels: One
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Year Built: 1945
  • Structure Type: Triplex
  • Lot Size Acres: 0.46
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 575-415-4039
  • MLS Status: Closed
  • Subdivision Name: Palo Verde
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Owner
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Owner
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Appliances Refrigerators: Yes
  • Roof:Metal3: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Fencing Back Yard: Yes
  • Flooring:Tile2: Yes
  • Flooring:Wood2: Yes
  • Fencing:Partial: Yes
  • Property Condition:Fixer: Yes
  • Structure Type:Triplex: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Refrigerator, Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Appliances Only, Washer Hookup, Electric Dryer Hookup
  • Other Equipment: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace: No
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Washer Hookup: Yes
  • Appliances:Gas Range: Yes
  • Fireplace:None10: Yes

Exterior Features

  • Fencing: Partial, Back Yard
  • Lot Features: Other
  • Other Structures: None
  • Patio And Porch Features: Front Porch
  • Roof: Metal, Pitched
  • View: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Dog Run, Storage
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Parking Lot

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Security: Other
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Heater: Yes
  • Heating:Wall Furnace: Yes

Lot Info

  • Lot Dimensions: -
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 719.87
  • Tax Block: 4
  • Tax Lot: 2
  • Tax Map Number: 26-501
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Jan 19, 2022
Sold by
Alamo Two Llc
Bought by
Nick Frances Management Llc
Seller's Agent
Lily Mendenall
Future Real Estate
Buyer's Agent
Traci Mitchell
Mountain Home Properties NM
List Price
$180,000
Current Estimated Value
$328,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.31%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nick Frances Management Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold -- -- --
11/22/2021 11/22/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $180,000 -- $60 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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 $844 $26,830 $8,267 $18,563
2024 $815 $26,048 $8,026 $18,022
2023 $815 $25,289 $7,792 $17,497
2022 $741 $24,552 $7,565 $16,987
2021 $691 $23,834 $7,344 $16,490
2020 $720 $23,140 $7,130 $16,010
2019 $670 $22,686 $6,990 $15,696
2018 $645 $22,025 $6,786 $15,239
2017 $620 $21,384 $6,588 $14,796
2015 $607 $20,763 $6,397 $14,366
2014 $587 $20,159 $6,211 $13,948
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lily Mendenall

    Future Real Estate

    (575) 686-9270

    91 in this area

    161 Total Sales

    Lily Mendenall
    Section Image

  • T

    Buyer's Agent in 2022

    Traci Mitchell

    Mountain Home Properties NM

    (432) 349-3277

    16 in this area

    22 Total Sales

    Traci Mitchell
    Section Image
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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 126849

APN: 4077065135099000000

New Mexico Lincoln County Ruidoso Downs 88345

108 Spring Rd, Ruidoso Downs, NM

Not Listed for Sale

MultiFamily

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