NOT LISTED FOR SALE

1508 W Polk Ave Lovington, NM 88260

Estimated Value: $131,000 - $145,000

3 Beds
1 Bath
1,014 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 12, 2020

Current estimated payment $810/month

155 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1 Car Attached Garage

About This Home

As of March 2020

This home is located at 1508 W Polk Ave, Lovington, NM 88260 since 28 August 2019 and is currently estimated at $137,854, approximately $135 per square foot. This property was built in 1959. 1508 W Polk Ave is a home located in Lea County with nearby schools including Llano Elementary School, Lea Elementary School, and Jefferson Elementary School.

Last Agent to Sell the Property

BETH MYERS

RAFTER CROSS REALTY, LLC License #19650 Listed on: 08/28/2019

Last Buyer's Agent

KAMELA RIVAS

Rivas Real Estate Team Co. License #50946

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1959

Lot Details

  • Irregular Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,014 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000223270001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Garage/Parking

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

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000223270001

Green Features

Tax Info

  • Year: 2018
  • Tax Annual Amount: 1347.79

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Mar 11, 2020
Sold by
Mcneil George Randall and Mcneil Charlotte O
Bought by
Patterson Sarah S
Seller's Agent
BETH MYERS
RAFTER CROSS REALTY, LLC
Buyer's Agent
KAMELA RIVAS
Rivas Real Estate Team Co.
List Price
$130,000
Current Estimated Value
$137,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$99,750
Outstanding Balance
$69,074
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$68,780

Purchase Details

Listed on
Aug 28, 2019
Closed on
Mar 7, 2020
Sold by
Patterson Sarah S and Patterson Lloyd Bale
Bought by
Patterson Sarah S and Patterson Lloyd Bale
Seller's Agent
BETH MYERS
RAFTER CROSS REALTY, LLC
Buyer's Agent
KAMELA RIVAS
Rivas Real Estate Team Co.
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Outstanding Balance
$69,074
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$68,780
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
Patterson Sarah S -- Pioneer Title And Escrow
Patterson Sarah S -- Pioneer Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Sarah S $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold -- -- --
01/30/2020 01/30/20 Pending -- -- --
09/24/2019 09/24/19 Price Changed $120,000 -7.7% $118 / Sq Ft
08/28/2019 08/28/19 For Sale $130,000 -- $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 $1,021 $33,152 $3,605 $29,547
2023 $1,004 $32,186 $3,500 $28,686
2022 $1,004 $32,186 $3,500 $28,686
2021 $999 $32,186 $3,500 $28,686
2020 $561 $17,969 $1,009 $16,960
2019 $547 $17,446 $980 $16,466
2018 $340 $16,937 $951 $15,986
2017 $322 $49,329 $2,769 $46,560
2016 $427 $47,892 $2,688 $45,204
2015 $416 $46,497 $2,610 $43,887
2014 -- $45,144 $2,535 $42,609
Source: Public Records

Agents Affiliated with this Home

  • BETH MYERS

    Seller's Agent in 2020

    BETH MYERS

    RAFTER CROSS REALTY, LLC

    (575) 741-5017

    55 Total Sales

    BETH MYERS
    Section Image

  • K

    Buyer's Agent in 2020

    KAMELA RIVAS

    Rivas Real Estate Team Co.

    (575) 631-2948

    26 Total Sales

    KAMELA RIVAS
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20194403

New Mexico MLS

APN: 4000223270001

New Mexico Lea County Lovington 88260

1508 W Polk Ave, Lovington, NM

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