NOT LISTED FOR SALE

1102 W Avenue Q Lovington, NM 88260

Estimated Value: $168,000 - $467,000

-- Bed
1 Bath
18,800 Sq Ft
$17/Sq Ft Est. Value

Last Sold September 09, 2022

Current estimated payment $1,831/month

9 Days on Market

Highlights

  • Private Yard
  • Refrigerated and Evaporative Cooling System
  • Laundry Facilities
  • No HOA
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of September 2022

Great investment opportunity. 19 Rental units. Brick 2 Bedroom 1 Bath, Livingroom, Dining in Kitchen, Utility. Some units have Cinder block fencing. The 4 plex has no fence. Off street parking with concrete parking pad. The homes have evaporative Air condition that is central to each room and Gas Central heat. Possible owner finance available with large down payment.

Last Agent to Sell the Property

Harold Lawson

HAROLD LAWSON & ASSOCIATES REALTORS License #7406 Listed on: 05/11/2022

Last Buyer's Agent

Harold Lawson

HAROLD LAWSON & ASSOCIATES REALTORS License #7406 Listed on: 05/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1975

Lot Details

  • 1.58 Acre Lot
  • Fenced
  • Private Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1 Bathroom
  • 18,800 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Free-Standing Range

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number see associated docs

Community Details

Overview

  • No Home Owners Association
  • 19 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,471

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: Going South on Main Street, Turn West on Urlacker Avenue, continue to 9th street, turn Right, continue 1 Block to Carter avenue, Turn Left, continue 1 block, Turn Right continue 1 block, 4 plex will be on the Left side of the street, 7 1/2 Duplexes will be on the Right side of the street
  • Year Built: 1975
  • Reso Property Sub Type: Multi Unit 5+
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Yes
  • ResoLotFeatures: Yard
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Ranch
  • Reso Flooring: Vinyl
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Electric Water Heater
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced, Fence
  • Acres: 1.584
  • Construction Type: Brick, Frame
  • Foundation Details: Slab

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Meters(Electric Separate)
  • Gas: Meters(Gas Separate)
  • Cooling: A/C-Evaporative, Evaporative Cooling, Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Water-City, Meters(Water Separate)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 69000
  • ResoLotSizeUnits: Acres
  • Parcel #: see associated docs
  • Zoning Description: B
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 19
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1470.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2011
Sold by
Corrales Raul and Corrales Hortencia
Bought by
Reeder Ronny E and Reeder Kimberly K
Current Estimated Value
$323,844
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Reeder Ronny E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeder Ronny E $200,961
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold -- -- --
05/20/2022 05/20/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $450,000 -- $24 / Sq Ft
Source: New Mexico MLS

Tax History Compared to Growth

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
2024 $1,271 $41,285 $5,000 $36,285
2023 $1,288 $41,285 $5,000 $36,285
2022 $1,289 $41,285 $5,000 $36,285
2021 $1,282 $41,324 $6,752 $34,572
2020 $1,285 $41,127 $6,555 $34,572
2019 $1,283 $40,936 $6,364 $34,572
2018 $1,267 $40,751 $6,179 $34,572
2017 $1,252 $121,713 $17,997 $103,716
2016 $1,236 $121,188 $17,472 $103,716
2015 $1,241 $120,678 $16,962 $103,716
2014 -- $120,183 $16,467 $103,716
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Harold Lawson

    HAROLD LAWSON & ASSOCIATES REALTORS

    (575) 396-5354

    120 Total Sales

    Harold Lawson
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20223358

New Mexico MLS

APN: 4000258860001

New Mexico Lea County Lovington 88260

1102 W Avenue Q, Lovington, NM

This home is located at 1102 W Avenue Q, Lovington, NM 88260 since 11 May 2022 and is currently estimated at $323,844, approximately $17 per square foot. This property was built in 1975. 1102 W Avenue Q is a home located in Lea County with nearby schools including Llano Elementary School, Ben Alexander Elementary School, and Lea Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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