$330,000
SOLD FEB 10, 2025
Last list price

1315 E Polk Ave Lovington, NM 88260

3 Beds
2 Baths
2,100 Sq Ft
2.5 Acres

Recently Sold

$157 Per Sq Ft

33 Days on Market

Highlights

  • Guest House
  • Ranch Style House
  • Refrigerated Cooling System
  • Horses Allowed On Property
  • No HOA
  • Surveillance System

About This Home

As of February 2025

JUST OUTSIDE CITY LIMITS! This spacious home with over 2000 sq.ft. is situated on 2.4 acres in a very desirable neighborhood that offers privacy and tranquility. It has 3 bedrooms, 2 bathrooms, 2 living areas. Recent renovations include, new water well, newer heating system and new paint throughout, among other updates. The detached 16x36 structure has 2 rooms and a 1/2 bathroom which could be enjoyed as a family room, game room, or a theatre room. Adjacent to this structure is a 30x25 metal carport. Horses and other large animals are allowed on this property. Call today to set up a viewing.

Last Agent to Sell the Property

SELENE CORRAL

SOUTHEASTERN NEW MEXICO REAL ESTATE Listed on: 11/24/2024

Last Buyer's Agent

Monica Gutierrez

Casa Oasis Realty License #51061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1970

Lot Details

  • 2.5 Acre Lot
  • Fenced
  • Front and Back Yard Sprinklers

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Surveillance System

Kitchen

  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Shed
  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000338760001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,680

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Head east on Ave. D until you hit Industrial street, then head north till you get to Polk Ave. and head east to the 3rd house on the left. look for sign.
  • New Construction: No
  • Year Built: 1970
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • Horses: Yes
  • ResoLotFeatures: Sprinklers In Rear, Sprinklers In Front
  • ResoSecurityFeatures: Audio/Video Surveillance
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Laminate, Tile
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s)
  • Reso Other Structures: Guest House, Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range Hood, Free-Standing Range, Refrigerator, Electric Water Heater, Water Heater - One
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Back Yard, Chain Link, Front Yard, Fenced
  • Acres: 2.5
  • Construction Type: Brick, Siding
  • Exterior Features: Horses Allowed
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: appro x imately 2.5 acres
  • Lot Size Sq Ft: 108900
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000338760001
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2680

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2024
Closed on
Feb 11, 2025
Sold by
Corral Manuel and Corral Selene
Bought by
Gallegos-Rodriguez Ramon Guadalupe and Gallegos Esmeralda
Seller's Agent
SELENE CORRAL
SOUTHEASTERN NEW MEXICO REAL ESTATE
Buyer's Agent
Monica Gutierrez
Casa Oasis Realty
List Price
$330,000
Views
41
Current Estimated Value
$313,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$302,421
Outstanding Balance
$300,603
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$13,154
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Warranty Deed -- Pioneer Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $302,421 FHA
Closed $302,421 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold -- -- --
12/27/2024 12/27/24 Pending -- -- --
11/24/2024 11/24/24 For Sale $330,000 -- $157 / 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 $563 $26,736 $2,985 $23,751
2023 $548 $25,957 $2,898 $23,059
2022 $527 $25,957 $2,898 $23,059
2021 $504 $24,467 $2,732 $21,735
2020 $488 $23,754 $2,652 $21,102
2019 $489 $23,754 $2,652 $21,102
2018 $486 $23,754 $2,652 $21,102
2017 $482 $71,262 $7,956 $63,306
2016 $478 $71,262 $7,956 $63,306
2015 $479 $71,262 $7,956 $63,306
2014 -- $71,262 $7,956 $63,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20246758

New Mexico MLS

APN: 4000338760001