$128,500
SOLD SEP 19, 2016
Last list price

120 Lower Terrace Dr Unit 3 Ruidoso, NM 88345

2 Beds
2 Baths
1,080 Sq Ft
$200/mo HOA Fee

Recently Sold

$119 Per Sq Ft

23 Days on Market

Highlights

  • Golf Course View
  • Wood Flooring
  • Covered patio or porch
  • Deck
  • 3 Fireplaces
  • Interior Lot

About This Home

As of July 2024

Prime location with this classy 2 bedroom, 2 bath, one level condo. Located on #12 Green and #13 Tee Box of Cree Meadows Golf Course. Nice covered deck overlooking the golf course with mountain & valley views. If you are looking for location for yourself and highly desirable condo and location for rental income this is it. Storage under the unit too.

Last Agent to Sell the Property

Loverin Real Estate Team

Coldwell Banker SDC License #17860 Listed on: 06/30/2016

Last Buyer's Agent

Robert Moroney

BuyRuidoso.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1979

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Golf Course
  • Trees
  • Mountain
  • Valley

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, sewer, snow removal, trash, water
  • Fairway Meadows Cond Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,226

Year Built

Built in 1979

Lot Details

0

HOA Fees

$200 per month

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: 575-257-5111
  • MLS Status: Closed
  • Subdivision Name: Fairway Meadows Cond
  • Architectural Style: Other, See Remarks
  • Levels:One: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: 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
  • Rooms:Living Room: Yes
  • Flooring:Wood2: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Wood
  • Interior Amenities: Appliances Only, Breakfast Bar, Gas Dryer Hookup, High Speed Internet, Storage, Washer Hookup, Electric Dryer Hookup
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 3
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Washer Hookup: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Gas Dryer Hookup: Yes

Exterior Features

  • Lot Features: Interior Lot
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal, Pitched
  • View: Golf Course, Mountain(s), Trees/Woods, Valley
  • Construction Type: Frame
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • ConstructionSiding:Roof Pitched: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Electric, Forced Air
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • HeatingCooling:Heat Pump: Yes

Association/Amenities

  • OtherFeesAssociationFee: 600.0
  • OtherFeesAssociationFeeFrequency: Quarterly
  • 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

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: R3

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1225.59
  • Tax Block: -
  • Tax Lot: -

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
Views
11
Current Estimated Value
$222,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Original Mortgage
$170,250
Outstanding Balance
$168,654
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$53,828

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

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

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
2025 $1,750 $62,282 $591 $61,691
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

  • M

    Seller's Agent in 2024

    Mark Clark

    Blue Skies Real Estate

    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

    25 in this area

    41 Total Sales

    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: 118645

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 $128,500, approximately $118 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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