120 S Commercial Ave Lovington, NM 88260
Estimated Value: $120,000 - $203,870
--
Bed
--
Bath
--
Sq Ft
6,708
Sq Ft Lot
About This Home
This home is located at 120 S Commercial Ave, Lovington, NM 88260 and is currently estimated at $164,468. 120 S Commercial Ave is a home located in Lea County with nearby schools including Llano Elementary School, Jefferson Elementary School, and Ben Alexander Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 26, 2014
Sold by
Ruth Ruth and Vazquez Espinosa Hector I
Bought by
Vazquez Espinosa Hector I
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,346,000
Outstanding Balance
$6,409,448
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
-$6,244,980
Purchase Details
Closed on
Oct 12, 2010
Sold by
Rodriguez Lorenzo and Ramos Lorenzo
Bought by
Rodriguez Lorenzo and Rodriguez Romelio
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vazquez Espinosa Hector I | -- | -- | |
| Vasquez Espinosa Hector L | -- | -- | |
| Rodriguez Lorenzo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vasquez Espinosa Hector L | $8,346,000 | |
| Closed | Vasquez Espinosa Hector L | $8,346,000 |
Source: Public Records
Tax History Compared to Growth
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 | $840 | $27,285 | $2,914 | $24,371 |
| 2023 | $827 | $26,490 | $2,829 | $23,661 |
| 2022 | $803 | $26,490 | $2,829 | $23,661 |
| 2021 | $775 | $24,970 | $2,667 | $22,303 |
| 2020 | $780 | $24,970 | $2,667 | $22,303 |
| 2019 | $783 | $24,970 | $2,667 | $22,303 |
| 2018 | $777 | $24,970 | $2,667 | $22,303 |
| 2017 | $771 | $74,910 | $8,001 | $66,909 |
| 2016 | $764 | $74,910 | $8,001 | $66,909 |
| 2015 | $770 | $74,910 | $8,001 | $66,909 |
| 2014 | -- | $28,320 | $573 | $27,747 |
Source: Public Records
Map
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