NOT LISTED FOR SALE

1308 N 16th St Lovington, NM 88260

Estimated Value: $128,000 - $140,098

4 Beds
1 Bath
1,166 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 08, 2021

Current estimated payment $792/month

210 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Wall Furnace

About This Home

As of October 2021

This home is located at 1308 N 16th St, Lovington, NM 88260 since 02 February 2021 and is currently estimated at $134,525, approximately $115 per square foot. 1308 N 16th St 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

BETH MYERS

RAFTER CROSS REALTY, LLC License #19650 Listed on: 02/02/2021

Last Buyer's Agent

HANNAH DAVIS

MVMT REALESTATE License #53810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Lot Details

  • 8,451

Parking

  • Attached Carport

Home Design

  • 1,166 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Free-Standing Range
  • Irregular Lot
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000201270001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Lot Details

0

Listing Details

  • New Construction: No
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: Yes
  • Garage Yn: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport

Utilities

  • Cooling Y N: No
  • Heating: Wall Furnace
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000201270001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1406.06

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Oct 11, 2021
Sold by
Wilbanks Loyd and Wilbanks Johnnie K
Bought by
Savell Jarron Michael
Seller's Agent
BETH MYERS
RAFTER CROSS REALTY, LLC
Buyer's Agent
HANNAH DAVIS
MVMT REALESTATE
List Price
$135,000
Current Estimated Value
$134,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$103,098
Outstanding Balance
$94,016
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$40,509
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Savell Jarron Michael -- Pioneer Title And Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savell Jarron Michael $103,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold -- -- --
08/31/2021 08/31/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $105,000 -12.4% $90 / Sq Ft
06/30/2021 06/30/21 Price Changed $119,900 -4.1% $103 / Sq Ft
05/21/2021 05/21/21 Price Changed $125,000 -7.4% $107 / Sq Ft
02/02/2021 02/02/21 For Sale $135,000 -- $116 / 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 $1,002 $32,550 $3,500 $29,050
2023 $1,016 $32,550 $3,500 $29,050
2022 $1,016 $32,550 $3,500 $29,050
2021 $707 $22,768 $1,144 $21,624
2020 $691 $22,105 $1,111 $20,994
2019 $673 $21,462 $1,079 $20,383
2018 $648 $20,837 $1,048 $19,789
2017 $624 $60,690 $3,051 $57,639
2016 $601 $58,920 $2,961 $55,959
2015 $588 $57,204 $2,874 $54,330
2014 -- $55,539 $2,790 $52,749
Source: Public Records

Agents Affiliated with this Home

  • BETH MYERS

    Seller's Agent in 2021

    BETH MYERS

    RAFTER CROSS REALTY, LLC

    (575) 741-5017

    55 Total Sales

    BETH MYERS
    Section Image

  • H

    Buyer's Agent in 2021

    HANNAH DAVIS

    MVMT REALESTATE

    (575) 602-1972

    74 Total Sales

    HANNAH DAVIS
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20210610

New Mexico MLS

APN: 4000201270001

New Mexico Lea County Lovington 88260

1308 N 16th St, Lovington, NM

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