NOT LISTED FOR SALE

1400 W Cottonwood Ave Lovington, NM 88260

Estimated Value: $149,000 - $180,637

3 Beds
2 Baths
1,205 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 26, 2021

Current estimated payment $971/month

5 Days on Market

Highlights

  • No HOA
  • Shed
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Tile Flooring
  • 1-Story Property

About This Home

As of March 2021

Look no further, you just found your new home! This adorable home features 3 bedrooms, 2 baths, and 1 car garage. Kitchen/dining combo open to living area. The large fenced backyard has a storage shed and plenty of open space. This home won't last long! Call today to schedule a showing!

Last Agent to Sell the Property

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945 Listed on: 02/18/2021

Last Buyer's Agent

ALLIE ETIER

Found Real Estate License #51017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1970

Lot Details

  • 7,700 Sq Ft Lot
  • Lot Dimensions are 70 x 110

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000225290001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1970
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet, Laminate, Tile
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.1768
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 70 x 110
  • Lot Size Sq Ft: 7700
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000225290001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1406.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 26, 2021
Sold by
Acosta Andy Munoz
Bought by
Bohannon Richard Leon
Seller's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
Buyer's Agent
ALLIE ETIER
Found Real Estate
List Price
$135,000
Current Estimated Value
$163,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$129,609
Outstanding Balance
$116,507
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$47,402

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 31, 2018
Sold by
Sumney Vivian Lee and Sumney Vivian
Bought by
Acosta Andy Munoz
Seller's Agent
Harold Lawson
HAROLD LAWSON & ASSOCIATES REALTORS
Buyer's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$124,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$115,862
Interest Rate
4.87%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Bohannon Richard Leon -- First American Title Ins Co
Acosta Andy Munoz -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohannon Richard Leon $129,609
Previous Owner Acosta Andy Munoz $115,862
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold -- -- --
02/23/2021 02/23/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $135,000 +8.4% $112 / Sq Ft
10/31/2018 10/31/18 Sold -- -- -- View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $124,500 -- $103 / 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 $1,311 $42,573 $4,400 $38,173
2023 $1,294 $41,461 $4,400 $37,061
2022 $1,260 $41,461 $4,400 $37,061
2021 $1,142 $36,792 $3,667 $33,125
2020 $1,150 $36,792 $3,667 $33,125
2019 $1,153 $36,792 $3,667 $33,125
2018 $613 $21,718 $2,483 $19,235
2017 $608 $65,154 $7,449 $57,705
2016 $604 $65,154 $7,449 $57,705
2015 $608 $65,154 $7,449 $57,705
2014 -- $65,154 $7,449 $57,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20210817

New Mexico MLS

APN: 4000225290001