$450,000
SOLD MAR 31, 2021
Last list price

1384 Rat Camp Rd Lake Arthur, NM 88253

160 Acres
$2,812 Price per Acre
6,969,600 Sq Ft Lot

Recently Sold

639 Days on Market

About This Lot

As of March 2021

160 acres to build on. Water rights for 4 domestic water wells

Last Agent to Sell the Property

Joy Ainsworth

DISTINCTION REALTY License #48500 Listed on: 01/04/2021

Last Buyer's Agent

Ramona KilPatrick

Re/Max Axiom License #REC-2024-0785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,031

Lot Details

  • 160 Acre Lot
  • Level Lot

Utilities

  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4153090398400000000

Property Details

Property Type

Land

Est. Annual Taxes

$4,031

Lot Details

0

Listing Details

  • Directions: North on Hwy 285 to Lake Arthur turn off. Hwy 2 to Hagerman. right on W Aberdeen St ( Hwy 249) Right on to CR-C3-31. Left on Rat Camp road
  • Reso Property Sub Type: Acreage
  • Prop. Type: Land
  • ResoLotFeatures: Irregular Lot
  • Road Frontage Type: None
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 160
  • Topography: Level

Utilities

  • Utilities: Natural Gas Not Available, Electricity Not Available
  • Electric: Near-Site
  • Sewer: Septic Needed
  • Water Source: Well-Needed

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 6969600
  • ResoLotSizeUnits: Acres
  • Parcel #: 4153090398400000000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4031.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 30, 2021
Sold by
Serrano Irma L and The Serrano Living Trust
Bought by
Rodriguez Iris
Seller's Agent
Joy Ainsworth
DISTINCTION REALTY
Buyer's Agent
Ramona KilPatrick
Re/Max Axiom
List Price
$450,000
Sold Price
$140,000
Premium/Discount to List
-$310,000
-68.89%

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%

Purchase Details

Closed on
Jun 14, 2019
Sold by
Serrano Irma Linda
Bought by
Serrano Irma L and The Serrano Living Trust

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jun 30, 2017
Sold by
Rocky Mountain Land Llc
Bought by
Serrano Irma Linda
Seller's Agent
Becky Harwell
HARWELL & ASSOCIATES REAL ESTATE
Buyer's Agent
Becky Harwell
HARWELL & ASSOCIATES REAL ESTATE
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.73%

Purchase Details

Closed on
Feb 23, 2015
Sold by
Garcia Nick R
Bought by
Rocky Mountain Land Llc

Purchase Details

Closed on
Sep 6, 2014
Sold by
Pyle Margaret and Pyle R
Bought by
Rocky Mountain Land Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Landmark Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Landmark Title Company
Special Warranty Deed -- None Available
Warranty Deed -- Landmark Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $300,000 -25.0% --
06/08/2025 06/08/25 Price Changed $400,000 -7.1% --
05/08/2025 05/08/25 For Sale $430,420 +170.7% --
03/31/2021 03/31/21 Sold -- -- --
03/31/2021 03/31/21 Sold -- -- --
03/01/2021 03/01/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $159,000 -5.9% --
10/26/2020 10/26/20 Price Changed $169,000 -5.6% --
07/23/2020 07/23/20 Price Changed $179,000 -5.3% --
06/18/2020 06/18/20 Price Changed $189,000 -5.0% --
04/04/2020 04/04/20 Price Changed $199,000 -11.2% --
01/29/2020 01/29/20 Price Changed $224,000 -2.6% --
12/28/2019 12/28/19 Price Changed $230,000 -7.6% --
12/06/2019 12/06/19 Price Changed $249,000 -16.7% --
11/13/2019 11/13/19 Price Changed $299,000 -14.3% --
07/28/2019 07/28/19 Price Changed $348,888 -12.6% --
06/29/2019 06/29/19 Price Changed $399,000 +185.0% --
06/01/2019 06/01/19 For Sale $140,000 -68.9% --
06/01/2019 06/01/19 For Sale $450,000 +1025.0% --
07/06/2017 07/06/17 Sold -- -- --
05/18/2017 05/18/17 Pending -- -- --
02/01/2016 02/01/16 For Sale $40,000 -- --
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
2025 $377 $17,233 $17,233 $0
2024 $377 $41,775 $0 $41,775
2023 $391 $40,559 $0 $40,559
2022 $391 $41,404 $0 $41,404
2021 $437 $16,000 $16,000 $0
2020 $437 $16,000 $16,000 $0
2019 $433 $16,000 $16,000 $0
2018 $430 $16,000 $16,000 $0
2017 $451 $16,000 $16,000 $0
2016 $123 $4,000 $4,000 $0
2015 $104 $4,000 $4,000 $0
2014 $10 $168 $168 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20192533

New Mexico MLS

APN: R013892