NOT LISTED FOR SALE

306 Burro Ave Cloudcroft, NM 88317

Studio
-- Bath
3,500 Sq Ft
5,271 Sq Ft Lot

About This Home

This home is located at 306 Burro Ave, Cloudcroft, NM 88317. 306 Burro Ave is a home located in Otero County with nearby schools including Cloudcroft Elementary School, Cloudcroft Middle School, and Cloudcroft High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Lancon Inc
Bought by
Hotel Cloudcroft Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,524,825
Outstanding Balance
$1,490,223
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 12, 2019
Sold by
First Alamogordo Bancorp Of Nevada Inc
Bought by
Lancon Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 2019
Sold by
Williams Steven E and Williams Carol S
Bought by
First Alamogordo Bancorp Of Nevada Inc and First National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2012
Sold by
Williams Steven and Williams Carol
Bought by
Williams Lodging Llc

Purchase Details

Closed on
Jul 20, 2012
Sold by
Big Sky Llc
Bought by
Williams Steven and Williams Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,216
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 3, 2010
Sold by
Catherall Randy
Bought by
Dancing Coyote Llc

Purchase Details

Closed on
Dec 1, 2010
Sold by
Watters Ken and Watters Phyllis
Bought by
Dancing Coyote Llc

Purchase Details

Closed on
Dec 6, 2006
Sold by
Dancing Coyote Llc
Bought by
Big Sky Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hotel Cloudcroft Llc -- Casa Y Tierra Abstract & Title
Lancon Inc -- None Available
First Alamogordo Bancorp Of Nevada Inc $542,674 None Available
Williams Lodging Llc -- None Available
Williams Steven -- None Available
Dancing Coyote Llc -- None Available
Dancing Coyote Llc -- None Available
Big Sky Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hotel Cloudcroft Llc $1,524,825
Previous Owner Lancon Inc $252,000
Previous Owner Williams Steven $430,216
Source: Public Records

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 $3,104 $133,008 $55,667 $77,341
2024 $4,524 $195,697 $55,667 $140,030
2023 $4,453 $190,402 $55,667 $134,735
2022 $4,312 $184,857 $55,667 $129,190
2021 $4,332 $184,589 $17,020 $167,569
2020 $4,332 $184,589 $17,020 $167,569
2019 $4,331 $184,589 $17,020 $167,569
2018 $4,290 $182,761 $16,849 $165,894
2017 $4,189 $179,178 $16,519 $162,641
2016 $4,103 $175,665 $0 $0
2015 $4,024 $172,220 $0 $0
2014 -- $168,844 $15,568 $153,276
Source: Public Records

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