NOT LISTED FOR SALE

1309 E Polk Ave Lovington, NM 88260

Estimated Value: $267,000 - $344,000

3 Beds
2.5 Baths
2,300 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 26, 2020

Current estimated payment $1,804/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • No HOA
  • RV Access or Parking
  • Attic
  • Covered Patio or Porch

About This Home

As of October 2020

Beautiful country home with 5 acres! Totally remodeled with open living, dining and kitchen areas. Stunning granite counter tops all throughout. Gorgeous floorings and a lot of storage spaces, even in the garage! Huge utility/mud room or maybe an office space. Enjoy the natural light that every room brings in. Has a water-well (no water bill) and a New septic system (May qualify for USDA-zero down payment). Call us today to set up a viewing!

Last Agent to Sell the Property

SELENE CORRAL

SOUTHEASTERN NEW MEXICO REAL ESTATE Listed on: 09/14/2020

Last Buyer's Agent

Tracy Coleman

Edge Realty Group License #0586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1970

Lot Details

  • 5 Acre Lot
  • Fenced
  • Natural State Vegetation

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Attic

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary Bathroom Double Sinks

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000343550001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • New Construction: No
  • Year Built: 1970
  • Prop. Type: Residential
  • Horses: Yes
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Hardwood, Laminate
  • Garage Yn: Yes
  • Reso Interior Features: Attic
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Possible Use: Horses
  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1
  • Bedroom/Bathroom Features: Double Sinks

Exterior Features

  • Roof: Metal, Pitched
  • Fencing: Fenced
  • Acres: 5
  • Construction Type: Brick, Frame
  • Exterior Features: Horses Allowed
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, RV Access/Parking
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: Electric, Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • HeatingYN: Yes
  • Water Source: Domestic Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: Appro x imately 5 acres
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000343550001

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2200

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 26, 2020
Sold by
Lopez Jesus and Lopez Raquel
Bought by
Dennis Charles M and Dennis Stefanie D
Seller's Agent
SELENE CORRAL
SOUTHEASTERN NEW MEXICO REAL ESTATE
Buyer's Agent
Tracy Coleman
Edge Realty Group
List Price
$299,000
Current Estimated Value
$308,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$265,109
Outstanding Balance
$235,909
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$72,310

Purchase Details

Closed on
Jan 30, 2019
Sold by
Henard Oscar
Bought by
Lopez Jesus
Source: Public Records

Range of Values:

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Average Value
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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
Dennis Charles M -- First American Title Ins Co
Lopez Jesus -- Alliance Abstract & Ttl Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennis Charles M $265,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2020 10/26/20 Sold -- -- --
09/14/2020 09/14/20 For Sale $299,000 +30.0% $130 / Sq Ft
02/05/2020 02/05/20 Sold -- -- -- View Prior Sale
11/27/2019 11/27/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $230,000 -- $100 / 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 $2,196 $80,856 $9,270 $71,586
2023 $2,156 $78,501 $9,000 $69,501
2022 $2,156 $78,501 $9,000 $69,501
2021 $2,144 $78,501 $9,000 $69,501
2020 $1,312 $47,721 $5,187 $42,534
2019 $1,221 $46,331 $5,036 $41,295
2018 $1,176 $44,981 $4,889 $40,092
2017 $1,132 $131,013 $14,241 $116,772
2016 $1,087 $127,197 $13,827 $113,370
2015 $1,057 $123,492 $13,425 $110,067
2014 -- $119,895 $13,035 $106,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20204151

New Mexico MLS

APN: 4000343550001