$229,000
SOLD JUL 25, 2024
Last list price

120 Lower Terrace Dr Unit 3 Ruidoso, NM 88345

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

Recently Sold

$212 Per Sq Ft

Highlights

  • On Golf Course
  • Deck
  • Covered patio or porch
  • Open Floorplan
  • Mountain Architecture
  • Stainless Steel Appliances

About This Home

As of July 2024

One of the Best Fairway Meadows Condos. End unit with nothing over or under, so only one neighbor and looks over Cree Meadows golf course. Two bedrooms, 2 baths, furnished, with lots of interior upgrades. Front and back decks. Storage under condo.

Last Agent to Sell the Property

Mark Clark

Blue Skies Real Estate License #45692 & 47915 Listed on: 05/30/2024

Blue Skies Real Estate

Last Buyer's Agent

Mark & Kathy Clark

Weaver Real Estate I License #45692 & 47915

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • On Golf Course
  • Cleared Lot

Home Design

  • Mountain Architecture
  • Pitched Roof
  • Metal Roof
  • Masonite
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room
  • Vinyl Flooring
  • Golf Course Views
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4071064512502

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, maintenance structure, snow removal, trash
  • Fairway Meadows Cond Subdivision
  • Community Parking

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,674

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • Co List Office Phone: 575-257-3221
  • MLS Status: Closed
  • Subdivision Name: Fairway Meadows Cond
  • Architectural Style: Mountain
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • View:Golf Course2: Yes
  • Rooms:Living Room: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances:Convection Oven: Yes

Exterior Features

  • Lot Features: Cleared, Level, On Golf Course
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Roof: Metal, Pitched
  • View: Golf Course
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Masonite, Stucco
  • Exterior Features: Rain Gutters
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Level: Yes
  • Lot Features:On Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Paved
  • Association Amenities:Parking2: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s), Forced Air, Natural Gas
  • Security: Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1674.26
  • Tax Block: -
  • Tax Lot: -
  • Tax Map Number: 4071064512502
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 10, 2024
Sold by
Patton Guinn Cyndi
Bought by
Trujillo Zachary and Trujillo Kendal
Seller's Agent
Mark Clark
Blue Skies Real Estate
Buyer's Agent
Mark & Kathy Clark
Weaver Real Estate I
List Price
$229,000
Sold Price
$227,000
Premium/Discount to List
-$2,000
-0.87%
Views
11
Current Estimated Value
$219,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,193
Avg. Annual Appreciation
-3.72%
Original Mortgage
$170,250
Outstanding Balance
$168,952
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$50,855

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 17, 2020
Sold by
Clarke Michael Kevin
Bought by
Guinn Cyndi Patton
Seller's Agent
Bill Hirschfeld
A+ Realty Services
Buyer's Agent
Mark & Kathy Clark
Weaver Real Estate I
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Jun 30, 2016
Closed on
Sep 15, 2016
Sold by
Russell Morris Gene
Bought by
Clarke Kirby J and Clarke Cheryl J
Seller's Agent
Loverin Real Estate Team
Coldwell Banker SDC
Buyer's Agent
Robert Moroney
BuyRuidoso.com
List Price
$128,500
Sold Price
$123,000
Premium/Discount to List
-$5,500
-4.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$98,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2012
Sold by
Smith Dennis G and Smith Dorothy A
Bought by
Russell Morris Gene
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Personal Reps Deed -- None Available
Warranty Deed -- Lincoln County Abstract & Ti
Warranty Deed -- Gsv
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,250 New Conventional
Previous Owner $98,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold -- -- --
05/30/2024 05/30/24 For Sale $229,000 +27.9% $212 / Sq Ft
12/28/2020 12/28/20 Sold -- -- --
11/14/2020 11/14/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $179,000 +39.3% $166 / Sq Ft
09/19/2016 09/19/16 Sold -- -- --
07/23/2016 07/23/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $128,500 -- $119 / 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
2024 $1,750 $62,282 $591 $61,691
2023 $1,750 $56,523 $574 $55,949
2022 $1,709 $56,523 $574 $55,949
2021 $1,700 $56,517 $574 $55,943
2020 $1,242 $40,898 $574 $40,324
2019 $1,185 $40,898 $574 $40,324
2018 $1,178 $40,898 $574 $40,324
2015 $1,113 $38,912 $574 $38,338
2014 $1,113 $38,912 $574 $38,338
Source: Public Records

Agents Affiliated with this Home

  • Mark Clark

    Seller's Agent in 2024

    Mark Clark

    Blue Skies Real Estate

    (575) 937-5661

    57 in this area

    118 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Mark & Kathy Clark

    Weaver Real Estate I

  • B

    Seller's Agent in 2020

    Bill Hirschfeld

    A+ Realty Services

    26 in this area

    42 Total Sales

    Bill Hirschfeld
    Section Image

  • L

    Seller's Agent in 2016

    Loverin Real Estate Team

    Coldwell Banker SDC

  • R

    Buyer's Agent in 2016

    Robert Moroney

    BuyRuidoso.com

See All Agents

Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 131104

APN: 4071064512502CS0000

New Mexico Lincoln County Ruidoso 88345

120 Lower Terrace Dr Unit 3, Ruidoso, NM

This home is located at 120 Lower Terrace Dr Unit 3, Ruidoso, NM 88345 and is currently estimated at $229,000, approximately $212 per square foot. This property was built in 1979. 120 Lower Terrace Dr Unit 3 is a home located in Lincoln County with nearby schools including Sierra Vista Primary School, White Mountain Elementary School, and Ruidoso Middle School.

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