NOT LISTED FOR SALE

229 Homestead Loop Ruidoso, NM 88345

Estimated Value: $506,000 - $929,000

3 Beds
2.5 Baths
2,345 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 26, 2016

Current estimated payment $4,043/month

119 Days on Market

Highlights

  • Barn
  • RV Garage
  • 5.09 Acre Lot
  • Stables
  • Views of Trees
  • Chalet

About This Home

As of August 2016

SIERRA BLANCA VIEWS ON 5+ ACRES ADJOINS NATIONAL FOREST! WOW! Mountain charm abounds w/log construction, metal roof, new kitchen w/stainless appliances, new granite, new custom very high end wood floors, great breakfast bar, spacious living room w/wood burning stove, sun room, office, 3 bdrms, 2.5 baths, large covered wrap around decks to enjoy the Sierra Blanca views & outdoors & wildlife! Huge high tech metal barn w/4 stalls, tack room, wash stall, feed storage & efficient water catchment system.

Last Agent to Sell the Property

Nancy Lincoln

Coldwell Banker SDC License #9590 30385 Listed on: 03/01/2016

Coldwell Banker SDC

Last Buyer's Agent

Nancy Lincoln

Coldwell Banker SDC License #9590 30385 Listed on: 03/01/2016

Coldwell Banker SDC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 5.09 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Interior Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Car Detached Garage
  • RV Garage

Property Views

  • Trees
  • Mountain

Home Design

  • Chalet
  • Pitched Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,345 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Stove
  • Free Standing Fireplace
  • Family Room
  • Dining Room
  • Den
  • Loft
  • Workshop
  • Storage
  • Washer and Gas Dryer Hookup
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Farming

  • Barn

Horse Facilities and Amenities

  • Farm Equipment
  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Water Purifier is Owned
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Homestead Acres Subdivision
  • Near a National Forest

Listing and Financial Details

  • Legal Lot and Block 6 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,261

Year Built

Built in 1997 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Directions: Hull left Gavilan Canyon past White Mtn Meadows, right on Homestead Loop (just before Eagle Creek).
  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1997
  • Current Use: Pasture
  • Lot Size Acres: 5.09
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Co List Office Phone: 575-257-5111
  • MLS Status: Closed
  • Subdivision Name: Homestead Acres
  • Architectural Style: Chalet
  • Cooling:Ceiling Fan(s)2: Yes
  • View TreesWoods: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Levels:Two: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Rooms:Workshop: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing:Partial: Yes
  • View:Mountain(s): Yes
  • Rooms:Den: Yes
  • Other Structures:Barn(s): Yes
  • Fireplace Free Standing: Yes
  • Rooms:Family Room: Yes
  • Fencing Fenced: Yes
  • Water Source:Well: Yes
  • Security Features Fire Alarm: Yes
  • Other Structures:Stable(s): Yes
  • Other Equipment Farm Equipment: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Purifier Owned
  • Interior Amenities: Appliances Only, Breakfast Bar, Gas Dryer Hookup, High Speed Internet, Pantry, Storage, Washer Hookup, Electric Dryer Hookup
  • Other Equipment: Farm Equipment
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Washer Hookup: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Gas Range: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:High Speed Internet: Yes
  • Other Rooms:Loft: Yes
  • Appliances:Water Purifier Owned: Yes
  • Interior Features:Gas Dryer Hookup: Yes

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Adjacent National Forest, Interior Lot, Level, Other
  • Other Structures: Barn(s), Stable(s)
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal, Pitched
  • View: Mountain(s), Sierra Blanca, Trees/Woods
  • Horse: Yes
  • Construction Type: Log
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached, Gravel, On Site, RV Access/Parking, RV Garage

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Security: Fire Alarm, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: F369.9L600B369.9R600
  • Lot Size Sq Ft: 221720.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4260.62
  • Tax Block: 1
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Perry Bryce and Perry Erika
Bought by
Perry Erika
Current Estimated Value
$708,490

Purchase Details

Closed on
Nov 4, 2019
Sold by
Nair Madhavan B and Bhakta Priya
Bought by
Perry Bryce and Perry Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,995
Outstanding Balance
$378,285
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$330,205

Purchase Details

Listed on
Mar 1, 2016
Closed on
Aug 23, 2016
Sold by
Wyant Tyrone C and Mayes Sarah J
Bought by
Nair Madhavan B and Bhakta Priya
Seller's Agent
Nancy Lincoln
Coldwell Banker SDC
Buyer's Agent
Nancy Lincoln
Coldwell Banker SDC
List Price
$569,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$354,350
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2012
Sold by
Sutton Henry C and Sutton Irene M
Bought by
Wyant Tyrone C and Mayes Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Perry Erika -- None Available
Perry Erika -- None Available
Perry Bryce -- None Available
Nair Madhavan B -- None Available
Wyant Tyrone C -- Lincoln County Abstract & Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Bryce $429,995
Previous Owner Nair Madhavan B $354,350
Previous Owner Wyant Tyrone C $286,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold -- -- --
06/27/2016 06/27/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $569,500 -- $243 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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 $3,928 $165,818 $14,309 $151,509
2024 $3,928 $165,818 $14,309 $151,509
2023 $3,928 $165,818 $14,309 $151,509
2022 $4,123 $172,092 $16,834 $155,258
2021 $4,056 $172,074 $16,832 $155,242
2020 $4,077 $172,074 $16,832 $155,242
2019 $3,946 $174,282 $14,330 $159,952
2018 $3,815 $169,206 $13,913 $155,293
2017 $3,680 $164,278 $13,508 $150,770
2015 $3,687 $164,294 $13,509 $150,785
2014 -- $164,294 $13,509 $150,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 117922

APN: 4074062095095000000