$179,000
SOLD DEC 28, 2020
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

$166 Per Sq Ft

5 Days on Market

Highlights

  • On Golf Course
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • 1-Story Property
  • Ceiling Fan

About This Home

As of July 2024

Maybe the Best at Fairway Meadows.
2/2 furnished with golf course views.
Lots of interior upgrades. Front and back decks. End unit with only 3 steps and storage under. Nightly rentals allowed.

Last Agent to Sell the Property

Bill Hirschfeld

A+ Realty Services License #12431 Listed on: 11/12/2020

Last Buyer's Agent

Mark & Kathy Clark

Weaver Real Estate I License #45692 & 47915

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • On Golf Course

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Common or Shared Parking

Property Views

  • Golf Course
  • Trees

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Fairway Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4071064512502

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,242

Year Built

Built in 1979 | Remodeled

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: Asphalt
  • MLS Status: Closed
  • Subdivision Name: Fairway Meadows
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • View TreesWoods: Yes
  • Appliances Refrigerators: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • View:Golf Course2: Yes
  • Style:Contemporary2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Speed Internet, Master Downstairs, Washer Hookup, Electric Dryer Hookup
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Washer Hookup: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Master Downstairs: Yes

Exterior Features

  • Lot Features: On Golf Course
  • View: Golf Course, Trees/Woods
  • Construction Type: Frame
  • Lot Features:On Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Common

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Central: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Association/Amenities

  • OtherFeesAssociationFee: 600.0
  • OtherFeesAssociationFeeFrequency: Quarterly

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: .
  • Zoning Description: R3

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1242.0
  • 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
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: 125700

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 $179,000, approximately $165 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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