NOT LISTED FOR SALE

1140 State Highway 48 Unit 2 Alto, NM 88312

Estimated Value: $321,000 - $495,372

2 Beds
1 Bath
1,008 Sq Ft
$381/Sq Ft Est. Value

Last Sold December 27, 2016

Current estimated payment $2,197/month

13 Days on Market

Highlights

  • RV Access or Parking
  • Views of Trees
  • Deck
  • Capitan Elementary School Rated A-
  • 2.19 Acre Lot
  • Wood Burning Stove

About This Home

As of December 2016

Alto home with 2 bedrooms, one bath, living room, covered deck. Great starter home, close to town, located on 2.19 acres, in Enchanted Forest Subd. Good privacy with large pines, level entry to home. Being sold in "As is Condition". Home would make a great rental property.

Last Agent to Sell the Property

The Alto Team

Century 21 Aspen Real Estate - Alto Office Listed on: 07/19/2016

Last Buyer's Agent

Linda Long

Berkshire Hathaway Home Services Lynch Realty License #12924

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $481

Year Built

  • Built in 1983

Lot Details

  • 2.19 Acre Lot
  • Lot Dimensions are 150x588x146x618
  • Level Lot

Home Design

  • Cabin
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Living Room
  • Views of Trees
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Site Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Enchanted Forest #1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1A / 1

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$481

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: Highway 48, just past Zia Scapes on right.
  • Unit Levels: One
  • Property Sub Type: Modular
  • Prop. Type: Residential
  • Year Built: 1983
  • Lot Size Acres: 2.19
  • Road Frontage Type: Frontage Road
  • Co List Office Phone: 575-336-4248
  • MLS Status: Closed
  • Subdivision Name: Enchanted Forest #1
  • Architectural Style: Cabin
  • Levels:One: Yes
  • View TreesWoods: Yes
  • Appliances Refrigerators: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Water Connected: Yes
  • Rooms:Living Room: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Appliances Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances:Gas Range: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Lot Features: Level, Other
  • Patio And Porch Features: Covered, Deck
  • Roof: Composition, Pitched
  • View: Trees/Woods
  • Construction Type: Wood Siding
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, RV Access/Parking

Utilities

  • Heating: Fireplace(s), Forced Air, Natural Gas, Wood Stove
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Heating:Fireplace(s): Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Lot Info

  • Lot Dimensions: 150x588x146x618
  • Lot Size Sq Ft: 95396.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 480.65
  • Tax Block: 1
  • Tax Lot: 1A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Thompson Denman Bryce
Bought by
Colello David P and Colello Donna F
Current Estimated Value
$384,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$114,075
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$296,770

Purchase Details

Closed on
Mar 26, 2019
Sold by
Thompson Michael Dale and Thompson Megan J
Bought by
Thompson Denman Bryce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2016
Closed on
Dec 21, 2016
Sold by
Kipp Ernestine and Mcwhorter Ernest Kipp
Bought by
Thompson Michael Dale and Megan Thompson J
Seller's Agent
The Alto Team
Century 21 Aspen Real Estate - Alto Office
Buyer's Agent
Linda Long
Berkshire Hathaway Home Services Lynch Realty
List Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.43%
Original Mortgage
$67,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2016
Sold by
Mcwhorter Lewis D
Bought by
Kipp Ernestine and Mcwhorter Ernest Kipp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colello David P -- Lincoln Cnty Abstract & Ttl
Thompson Denman Bryce -- None Available
Thompson Michael Dale -- None Available
Kipp Ernestine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colello David P $125,000
Previous Owner Thompson Denman Bryce $86,000
Previous Owner Thompson Michael Dale $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold -- -- --
07/31/2016 07/31/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $85,000 -- $84 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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
2025 $1,896 $110,995 $15,000 $95,995
2024 $1,896 $110,995 $15,000 $95,995
2023 $1,896 $110,995 $15,000 $95,995
2022 $1,699 $110,995 $15,000 $95,995
2021 $474 $31,650 $9,391 $22,259
2020 $526 $30,728 $9,117 $21,611
2019 $517 $30,304 $9,117 $21,187
2018 $516 $30,304 $9,117 $21,187
2017 $496 $30,304 $9,117 $21,187
2015 $514 $30,307 $9,118 $21,189
2014 $513 $30,307 $9,118 $21,189
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    The Alto Team

    Century 21 Aspen Real Estate - Alto Office

  • L

    Buyer's Agent in 2016

    Linda Long

    Berkshire Hathaway Home Services Lynch Realty

See All Agents

Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 118729

APN: 4072058071233000000

New Mexico Lincoln County Alto 88312

1140 State Highway 48 Unit 2, Alto, NM

This home is located at 1140 State Highway 48 Unit 2, Alto, NM 88312 since 19 July 2016 and is currently estimated at $384,457, approximately $381 per square foot. This property was built in 1983. 1140 State Highway 48 Unit 2 is a home located in Lincoln County with nearby schools including Capitan Elementary School, Capitan Middle School, and Capitan High School.

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