NOT LISTED FOR SALE

120 Lower Terrace Dr Unit 10 Ruidoso, NM 88345

Estimated Value: $203,000 - $282,000

2 Beds
2 Baths
1,080 Sq Ft
1,089 Sq Ft Lot

Last Sold December 01, 2016

Current estimated payment $1,347/month

390 Days on Market

Highlights

  • On Golf Course
  • Contemporary Architecture
  • No HOA
  • Deck
  • 2 Fireplaces
  • Covered Patio or Porch

About This Home

As of December 2016

Level entry2BR/2BA Condo on Lower Terrace withviews of Golf Course.Open floor plan, withFireplace in Living Room-Split bedroom arrangement- master bedroom has own bath , Patiodoors lead tolarge backDeck. Lots of cabinets in kitchen and lots of closetsthroughout - new flooring being installed in next few weeks in kitchen. Kitchen table and chairs and Bar stools , also stack able washer/dryer will remain.Thisunit has refrigerated air also Paved parking in front close to downtown shopping, restaurants and ruidoso activities

Last Agent to Sell the Property

Doris Schoffthaler

Rio Ruidoso Company License #38601 Listed on: 10/02/2015

Last Buyer's Agent

Unknown Member

Rio Ruidoso Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $691

Year Built

  • Built in 1979

Lot Details

  • On Golf Course
  • Level Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Golf Course Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, sewer, snow removal, trash, water
  • Fairway Meadows Cond Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$691

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Mechem to Rainbow (past the Title Co offices) second right onto Lower Terrace, go past Eagle andRowan - Condo on left.
  • Unit Levels: One
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Road Frontage Type: Frontage Road, City/Public Street
  • Road Surface Type: Paved
  • Co List Office Phone: 575-258-3888
  • MLS Status: Closed
  • Subdivision Name: Fairway Meadows Cond
  • Architectural Style: Contemporary
  • Levels:One: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Metal3: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • View:Golf Course2: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Rooms:Living Room: Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities Natural Gas Available: Yes
  • Style:Contemporary2: Yes
  • Flooring:Linoleum: Yes
  • Security Features Fire Alarm: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator, Washer, Other
  • Flooring: Carpet, Linoleum, Tile
  • Interior Amenities: Appliances Only, Breakfast Bar, High Speed Internet, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Lot Features: Interior Lot, Level, On Golf Course
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal
  • View: Golf Course
  • Construction Type: Frame, Wood Siding
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Lot Features:On Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Security: Fire Alarm, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Water: Yes
  • Association Fee Includes:Sewer: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Dimensions: N/A
  • Zoning Description: R3

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 691.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Vollering Sandra
Bought by
Lawlis Steven R and Lawlis Sandra
Current Estimated Value
$232,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Outstanding Balance
$118,316
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$113,691

Purchase Details

Closed on
May 1, 2018
Sold by
Browder Jackson Terry A and Browder Jackson Misti
Bought by
Vollering Sandra

Purchase Details

Listed on
Oct 2, 2015
Closed on
Nov 29, 2016
Sold by
Taack Wilson and Taack Lafonda
Bought by
Browder Jackson Terry A and Browder Jackson Misti
Seller's Agent
Doris Schoffthaler
Rio Ruidoso Company
Buyer's Agent
Unknown Member
Rio Ruidoso Company
List Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$75,200
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2003
Sold by
Mckinney Jean
Bought by
Taack Wilson and Taack Lafonda
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
Lawlis Steven R -- None Available
Vollering Sandra -- None Available
Browder Jackson Terry A -- None Available
Taack Wilson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawlis Steven R $134,800
Previous Owner Browder Jackson Terry A $75,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold -- -- --
10/24/2016 10/24/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $115,000 -- $106 / 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 $1,393 $47,723 $685 $47,038
2024 $1,393 $46,333 $665 $45,668
2023 $1,393 $44,984 $646 $44,338
2022 $1,360 $44,984 $646 $44,338
2021 $1,353 $44,980 $646 $44,334
2020 $1,366 $44,980 $646 $44,334
2019 $1,133 $39,093 $646 $38,447
2018 $899 $31,202 $646 $30,556
2015 $712 $24,872 $627 $24,245
2014 $691 $24,148 $609 $23,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 117436

APN: 4071064509479CS0000