NOT LISTED FOR SALE

1303 W Madison Ave Lovington, NM 88260

Estimated Value: $141,000 - $157,000

2 Beds
1.5 Baths
1,125 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 08, 2024

Current estimated payment $852/month

1 Day on Market

Highlights

  • No HOA
  • Cooling System Powered By Gas
  • Tile Flooring

About This Home

As of August 2024

This home is located at 1303 W Madison Ave, Lovington, NM 88260 since 24 June 2024 and is currently estimated at $146,198, approximately $129 per square foot. This property was built in 1965. 1303 W Madison Ave is a home located in Lea County with nearby schools including Llano Elementary School, Lea Elementary School, and Jefferson Elementary School.

Last Agent to Sell the Property

LADONNA SANCHEZ

UNITED REALTY, LLC - HOBBS License #55060 Listed on: 06/24/2024

Last Buyer's Agent

Rodney Davis

UNITED REALTY, LLC - HOBBS License #48560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1965

Lot Details

  • 6,320 Sq Ft Lot
  • Lot Dimensions are 79 x 80

Parking

  • No Garage

Home Design

  • 1,125 Sq Ft Home
  • Siding

Kitchen

  • Oven
  • Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling System Powered By Gas
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000209630001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1965

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Refrigerator, Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.1451
  • Construction Type: Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 79 x 80
  • Lot Size Sq Ft: 6320
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000209630001
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1560.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 7, 2024
Sold by
Parada Javier O
Bought by
Caballero Ivan and Caballero Brenda
Seller's Agent
LADONNA SANCHEZ
UNITED REALTY, LLC - HOBBS
Buyer's Agent
Rodney Davis
UNITED REALTY, LLC - HOBBS
List Price
$150,000
Views
2
Current Estimated Value
$146,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.09%
Original Mortgage
$114,800
Outstanding Balance
$114,010
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$13,571

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 9, 2024
Sold by
Gomez Priscilla and Rojo Sammy
Bought by
Parada Javier O
Seller's Agent
LADONNA SANCHEZ
UNITED REALTY, LLC - HOBBS
Buyer's Agent
Rodney Davis
UNITED REALTY, LLC - HOBBS
List Price
$150,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Outstanding Balance
$114,010
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$13,571

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jun 28, 2024
Sold by
Reeder Ronny and Reeder Kimberly
Bought by
Parada Javier O
Seller's Agent
LADONNA SANCHEZ
UNITED REALTY, LLC - HOBBS
Buyer's Agent
Rodney Davis
UNITED REALTY, LLC - HOBBS
List Price
$150,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Outstanding Balance
$114,010
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$13,571

Purchase Details

Closed on
Aug 3, 2022
Sold by
Reeder Ronny E and Reeder Kimberly K
Bought by
Lozano Kristy

Purchase Details

Closed on
Aug 14, 2012
Sold by
J I H Inc
Bought by
Reeder Ronnie and Reeder Kimberly

Purchase Details

Closed on
Jun 27, 2012
Sold by
Evans Jerry Nell and Dillow Est Bobbie Nell
Bought by
J I H Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Caballero Ivan -- Pioneer Title
Parada Javier O -- Pioneer Title
Parada Javier O -- None Listed On Document
Lozano Kristy -- First American Title
Reeder Ronnie -- --
J I H Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caballero Ivan $114,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold -- -- --
06/25/2024 06/25/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $150,000 -- $133 / Sq Ft
Source: New Mexico MLS

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 $627 $20,383 $2,368 $18,015
2023 $617 $19,789 $2,299 $17,490
2022 $600 $19,789 $2,299 $17,490
2021 $579 $18,653 $2,167 $16,486
2020 $583 $18,653 $2,167 $16,486
2019 $585 $18,653 $2,167 $16,486
2018 $580 $18,653 $2,167 $16,486
2017 $576 $55,959 $6,501 $49,458
2016 $571 $55,959 $6,501 $49,458
2015 $500 $55,959 $6,501 $49,458
2014 -- $55,959 $6,501 $49,458
Source: Public Records

Agents Affiliated with this Home

  • LADONNA SANCHEZ

    Seller's Agent in 2024

    LADONNA SANCHEZ

    UNITED REALTY, LLC - HOBBS

    (575) 408-1525

    103 Total Sales

    Section Image
  • Rodney Davis

    Buyer's Agent in 2024

    Rodney Davis

    UNITED REALTY, LLC - HOBBS

    (575) 942-9170

    371 Total Sales

    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20243757

New Mexico MLS

APN: 4000209630001

New Mexico Lea County Lovington 88260

1303 W Madison Ave, Lovington, NM

This home is located at 1303 W Madison Ave, Lovington, NM 88260 since 24 June 2024 and is currently estimated at $146,198, approximately $129 per square foot. This property was built in 1965. 1303 W Madison Ave is a home located in Lea County with nearby schools including Llano Elementary School, Lea Elementary School, and Jefferson Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes