NOT LISTED FOR SALE

123 E Circle Dr Ruidoso Downs, NM 88346

Estimated Value: $267,000 - $291,000

3 Beds
2 Baths
1,236 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 21, 2023

Current estimated payment $1,691/month

24 Days on Market

Highlights

  • Views of Trees
  • Wooded Lot
  • Stainless Steel Appliances
  • Deck
  • Covered Patio or Porch
  • Balcony

About This Home

As of April 2023

Step into the octagon! This uniquely shaped home is set up for friends and family to come together and enjoy the beautiful mountains. Inside is an updated 3 bedroom 2 bath, open dining and living room with a rock wall fireplace. Spacious yet cozy! Entertaining guests is a seamless transition inside to outside with two rear private decks over looking the Ruidoso Downs Race Track and a large front porch to breath in the mountain air. It is an established and successful nightly rental, with wonderful reviews. Or keep it as your own mountain getaway! There is not another home like it! Come and see it before it is gone!

Last Agent to Sell the Property

Courtney Alcala

KW Casa Ideal License #53811 Listed on: 02/11/2023

Co-Listed By

Clarissa Silva

KW Casa Ideal License #54040

Last Buyer's Agent

Monique Randall

Future Real Estate License #53051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Wooded Lot
  • Property is zoned R1

Parking

  • 1 Carport Space

Property Views

  • Trees
  • Mountain

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room

Kitchen

  • Electric Oven
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Utilities

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

Community Details

  • Ruidoso Dwn Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 54 / 1
  • Assessor Parcel Number 4076065232149

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 1981 | Remodeled

Lot Details

0.28 Acres

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1981
  • Lot Size Acres: 0.28
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Asphalt, Gravel
  • Co List Office Mls Id: o1020
  • Co List Office Phone: 855-784-3676
  • Co List Office Phone: 855-784-3676
  • MLS Status: Closed
  • Subdivision Name: Ruidoso Dwn Heights
  • Architectural Style: Other
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Rooms:Living Room: Yes
  • Fencing:Partial: Yes
  • View:Mountain(s): Yes
  • Security Features Fire Alarm: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Appliances Only, Smart Thermostat
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Views, Wooded
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Roof: Metal
  • View: Mountain(s), Racetrack, Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Balcony, Rain Gutters, Storage
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central, Fireplace(s), Forced Air, Natural Gas
  • Security: Fire Alarm
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, 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

Lot Info

  • Lot Dimensions: .28
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1619.0
  • Tax Block: 1
  • Tax Lot: 54
  • Tax Map Number: 4076065232149
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Apr 14, 2023
Sold by
Southerland Robert Wayne and Southerland Brittani
Bought by
Liles Heather and Liles Bradley C
Seller's Agent
Courtney Alcala
KW Casa Ideal
Buyer's Agent
Monique Randall
Future Real Estate
List Price
$275,000
Current Estimated Value
$279,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$220,000
Outstanding Balance
$214,052
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$65,304

Purchase Details

Closed on
Jan 10, 2022
Sold by
Southerland Brittani and Southerland Robert
Bought by
Southerland Robert Wayne and Southerland Brittani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 6, 2021
Sold by
Southerland Robert and Southerland Brittani
Bought by
Southerland Robert and Southerland Brittani
Seller's Agent
Lily Mendenall
Future Real Estate
Buyer's Agent
Courtney Alcala
Rio Ruidoso Company
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 5, 2021
Sold by
Conde Matthew J and Conde Ramona J
Bought by
Southerland Brittani and Diaz Nellie
Seller's Agent
Lily Mendenall
Future Real Estate
Buyer's Agent
Courtney Alcala
Rio Ruidoso Company
List Price
$175,000

Purchase Details

Closed on
May 9, 2014
Sold by
Kemper Dale L
Bought by
Conde Matthew J and Conde Ramona J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2012
Sold by
Kemper Dale L
Bought by
Kemper Dale L and Dale L Kemper Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liles Heather -- Lincoln County Abstract & Titl
Southerland Robert Wayne -- None Available
Southerland Robert -- None Available
Southerland Brittani -- None Available
Diaz Pete -- None Available
Conde Matthew J -- Lincoln Cnty Abstract & Titl
Kemper Dale L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liles Heather $220,000
Previous Owner Southerland Robert Wayne $100,000
Previous Owner Conde Matthew J $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold -- -- --
03/05/2023 03/05/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $275,000 +57.1% $222 / Sq Ft
04/06/2021 04/06/21 Sold -- -- -- View Prior Sale
03/06/2021 03/06/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $175,000 -- $143 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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 $2,653 $84,333 $7,556 $76,777
2024 $2,640 $84,333 $7,556 $76,777
2023 $2,640 $53,674 $7,556 $46,118
2022 $1,619 $53,674 $7,556 $46,118
2021 $836 $34,828 $7,061 $27,767
2020 $865 $33,813 $6,855 $26,958
2019 $802 $33,150 $6,721 $26,429
2018 $767 $32,184 $6,525 $25,659
2017 $732 $31,248 $6,335 $24,913
2015 $707 $30,176 $6,151 $24,025
2014 $853 $29,297 $5,972 $23,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 129181

APN: 4076065232149000000

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