NOT LISTED FOR SALE

1505 N 2nd St Lovington, NM 88260

Estimated Value: $265,000 - $314,837

4 Beds
2 Baths
2,072 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 28, 2023

Current estimated payment $1,703/month

2 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Refrigerated Cooling System
  • Covered Patio or Porch
  • Walk-In Closet
  • Shed

About This Home

As of September 2023

Check out this gorgeous ranch-style property on +/- 2.47 Acres on a corner lot in Lovington, NM! This home features 4 bedrooms, 2 full baths, large living area with fireplace open to kitchen and dining, spacious bedrooms, spacious covered patio and metal storage shed in back! Other notable features are the large front yard, open lot behind home, metal fencing, and open barn. Schedule your showing today!

Last Agent to Sell the Property

Rodney Davis

UNITED REALTY, LLC - HOBBS License #48560 Listed on: 08/25/2023

Last Buyer's Agent

ANNABEL FAVELA

UNITED REALTY, LLC - HOBBS License #REC-2023-0188

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1974

Lot Details

  • 2.47 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary Bathroom Double Sinks

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4 000 355 800 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,425

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • New Construction: No
  • Year Built: 1974
  • Reso Property Sub Type: Single Family w/ Acreage
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Walk-In Closet(s), Fireplace
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Appliances: Dishwasher, Free-Standing Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Bedroom/Bathroom Features: Double Sinks

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Other (See Remarks)
  • Acres: 2.47
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 107593.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 4 000 355 800 001
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2425.35

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 13, 2023
Sold by
Ponce Carlos Ponce
Bought by
Ponce Carlos Ramon and Ponce Maria Lizbeth
Seller's Agent
Rodney Davis
UNITED REALTY, LLC - HOBBS
Buyer's Agent
ANNABEL FAVELA
UNITED REALTY, LLC - HOBBS
List Price
$264,900
Views
60
Current Estimated Value
$288,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$9,272
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 28, 2023
Sold by
Plant Clay and Plant Dallas
Bought by
Ponce Carlos Ramon
Seller's Agent
Rodney Davis
UNITED REALTY, LLC - HOBBS
Buyer's Agent
ANNABEL FAVELA
UNITED REALTY, LLC - HOBBS
List Price
$264,900
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,272
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2019
Sold by
Wheeler Blain and Wheeler Lauren
Bought by
Plant Clay and Plant Dallas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2018
Sold by
Benge Pamela K and Benge Colin
Bought by
Wheeler Blain A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,030
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Ponce Carlos Ramon -- None Listed On Document
Ponce Carlos Ramon -- First American Title Insurance
Plant Clay -- First American Title Ins Co
Wheeler Blain A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ponce Carlos Ramon $9,272
Previous Owner Ponce Carlos Ramon $260,101
Previous Owner Plant Clay $196,377
Previous Owner Wheeler Blain A $193,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold -- -- --
08/27/2023 08/27/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $264,900 -- $128 / 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 $2,213 $81,482 $12,350 $69,132
2023 $1,670 $60,803 $6,667 $54,136
2022 $1,670 $60,803 $6,667 $54,136
2021 $1,661 $60,803 $6,667 $54,136
2020 $1,671 $60,803 $6,667 $54,136
2019 $1,674 $60,769 $6,633 $54,136
2018 $934 $36,108 $1,760 $34,348
2017 $898 $105,171 $5,127 $100,044
2016 $862 $102,108 $4,977 $97,131
2015 $838 $99,135 $4,833 $94,302
2014 -- $96,246 $4,692 $91,554
Source: Public Records

Agents Affiliated with this Home

  • Rodney Davis

    Seller's Agent in 2023

    Rodney Davis

    UNITED REALTY, LLC - HOBBS

    (575) 942-9170

    374 Total Sales

    Rodney Davis
    Section Image
  • ANNABEL FAVELA

    Buyer's Agent in 2023

    ANNABEL FAVELA

    UNITED REALTY, LLC - HOBBS

    (575) 942-1057

    31 Total Sales

    ANNABEL FAVELA
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20234509

New Mexico MLS

APN: 4000355800001

New Mexico Lea County Lovington 88260

1505 N 2nd St, Lovington, NM

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