NOT LISTED FOR SALE

255 Mustang Rd Vado, NM 88072

Estimated Value: $537,890 - $677,000

4 Beds
2.5 Baths
2,793 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 06, 2022

Current estimated payment $3,238/month

115 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Mountain View
  • Stables
  • Open Floorplan
  • Ranch Style House

About This Home

As of January 2022

5.76 Acres horse property just 4 miles off of IH-10 near Las Cruces. Large 4 BR/2-1/2 BA single level family home with 2 living areas, wood burning fireplace with gas starter, tile and laminate flooring, enclosed porch and lots of storage. New roof installed 2017. Home is surrounded by rock privacy fence. Shop is 60'x40' with concrete floor, electric, water, office/apartment and bathroom. Horse barn consists of 6 indoor stalls with water and electricity. Horse walker, 12-20'x40' turnouts with shade, large pipe pens, pipe perimeter fencing and plenty of room for an arena. 7 beautiful pecan trees back yard. Property sells with tractor and implements, welder, panels, etc. Well for watering yard and irrigation through EBID. Property sells ''As-Is, Where-Is''. Shown by appointment on

Last Agent to Sell the Property

Keli Cox

Zia Real Estate License #18750 Listed on: 07/26/2021

Last Buyer's Agent

Out Of Area

Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,091

Year Built

  • Built in 2001

Lot Details

  • 5.76 Acre Lot
  • Lot Dimensions are 300x850
  • Property fronts a county road
  • Interior Lot
  • Rectangular Lot
  • Level Lot
  • Irrigation Equipment
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Desert

Home Design

  • Ranch Style House
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,793 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Den
  • Workshop
  • Storage
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Farming

  • Barn

Horse Facilities and Amenities

  • Farm Equipment
  • Horses Allowed On Property
  • Corral
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Natural Gas Connected
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8A / 5
  • Assessor Parcel Number 4015149083348

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,091

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Directions: Take Vado Exit 155 off of IH-10 south of Las Cruces. At circle take 2nd road on to NM 227. At stop sign turn left on to NM 478, turn left on Franco Rd then left on Mustang Rd. House is on the left, look for sign.
  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2001
  • Lot Size Acres: 5.76
  • Road Frontage Type: County Road, City/Public Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 575-258-8656
  • MLS Status: Closed
  • Subdivision Name: Other
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Connected: Yes
  • Fencing Back Yard: Yes
  • Rooms:Workshop: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Other Structures:Shed(s): Yes
  • Roof:Shingle: Yes
  • Rooms:Den: Yes
  • Flooring Laminate: Yes
  • Other Structures:Barn(s): Yes
  • Rooms:Family Room: Yes
  • Fencing Fenced: Yes
  • Flooring:Stone2: Yes
  • Other Structures:Stable(s): Yes
  • Other Equipment Irrigation Equipment: Yes
  • Other Equipment Farm Equipment: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
  • Flooring: Laminate, Stone
  • Interior Amenities: Appliances Only, Breakfast Bar, Ceiling Fan(s), Master Downstairs, Open Floorplan, Storage, Washer Hookup, Electric Dryer Hookup
  • Other Equipment: Farm Equipment, Irrigation Equipment
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Washer Hookup: Yes
  • Fencing Perimeter: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Range Hood: Yes
  • Fireplace:Wood Burning: Yes
  • Interior Features:Breakfast Bar: Yes
  • Fireplace:Gas Starter: Yes
  • Interior Features:Master Downstairs: Yes

Exterior Features

  • Fencing: Fenced, Full, Perimeter, Back Yard
  • Lot Features: Interior Lot, Level, Rectangular Lot
  • Other Structures: Barn(s), Corral(s), Shed(s), Stable(s), Workshop
  • Patio And Porch Features: Covered, Enclosed, Rear Porch
  • Roof: Pitched, Shingle
  • View: Desert, Mountain(s)
  • Waterfront Features: None
  • Horse: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Level: Yes
  • Patio and Porch Features:Enclosed: Yes
  • Lot Features:Rectangular Lot: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Concrete, RV Access/Parking

Utilities

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

Lot Info

  • Lot Dimensions: 300x850
  • Lot Size Sq Ft: 250905.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5090.68
  • Tax Block: 5
  • Tax Lot: 8A
  • Tax Map Number: 4015149083348
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Jan 6, 2022
Sold by
Lambert Sr Clifford C and Lambert Glenna
Bought by
Boles Christopher R and Williams Yanel S
Seller's Agent
Keli Cox
Zia Real Estate
Buyer's Agent
Out Of Area
Out of Area
List Price
$500,000
Current Estimated Value
$607,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$450,000
Outstanding Balance
$414,785
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$192,660

Purchase Details

Closed on
Mar 23, 2007
Sold by
Quezada Elpidio and Quezada Rosalina
Bought by
Lambert Clifford C and Lambert Glenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Boles Christopher R $441,000 Bueno Title
Lambert Clifford C -- Southwestern Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boles Christopher R $450,000
Previous Owner Lambert Clifford C $311,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold -- -- --
11/16/2021 11/16/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $500,000 -- $179 / 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
2024 $53 $148,879 $8,920 $139,959
2023 $53 $145,690 $8,920 $136,770
2022 $53 $139,706 $8,920 $130,786
2021 $4,121 $135,684 $8,920 $126,764
2020 $4,029 $131,778 $8,920 $122,858
2019 $3,914 $127,986 $8,920 $119,066
2018 $3,792 $124,305 $8,920 $115,385
2017 $3,614 $120,731 $8,920 $111,811
2016 $3,557 $117,275 $9,423 $107,852
2015 $3,471 $341,716 $27,584 $314,132
2014 $3,372 $331,763 $26,780 $304,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 126961

APN: 17-04173