NOT LISTED FOR SALE

311 N Love St Lovington, NM 88260

Estimated Value: $94,000 - $132,133

1 Bed
1 Bath
960 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 23, 2021

Current estimated payment $663/month

40 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Window Unit Cooling System

About This Home

As of June 2021

Great investment property available now, A duplex with 2 one bedroom apartments. Each apartment has a Kitchen, with free standing range and over, Living room, 1 Bedroom and One bath. Located on Love street. One apartment has been remodeled and with minor repair is ready to rent out, the other would need remodeling. The home needs some repair. If you are looking for investment property to get started on or if you would want to live in one side and repair then rent out the other, this would be a great property to consider

Last Agent to Sell the Property

Harold Lawson

HAROLD LAWSON & ASSOCIATES REALTORS License #7406 Listed on: 03/25/2021

Last Buyer's Agent

MADYSON ZAMORA

ELITE REAL ESTATE License #52116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 2 Open Parking Spaces

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 21289

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$728

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Going South on Main Street, turn Left (East) at the intersection of Main Street and Jefferson Street, go 1 Block then turn Right (South) onto Love Street. Home is on the Right side of the street
  • Year Built: 1950
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: None
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Conventional
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Gas Water Heater
  • Total Bedrooms: 1
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.1607
  • Construction Type: Frame

Garage/Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Meters(Electric Separate)
  • Gas: Meters(Gas Separate)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Wall Furnace
  • HeatingYN: Yes
  • Water Source: Water-City, Meters(Water Separate)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 21289
  • Zoning Description: C
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 728.01

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccormick Troy T $98,669
Closed Mccormick Troy T $52,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold -- -- --
05/04/2021 05/04/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $69,900 -- $73 / 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 $626 $20,332 $2,330 $18,002
2023 $634 $20,332 $2,330 $18,002
2022 $634 $20,332 $2,330 $18,002
2021 $212 $6,821 $936 $5,885
2020 $207 $6,623 $909 $5,714
2019 $207 $6,597 $883 $5,714
2018 $204 $6,571 $857 $5,714
2017 $202 $19,638 $2,496 $17,142
2016 $200 $19,566 $2,424 $17,142
2015 $200 $19,494 $2,352 $17,142
2014 -- $19,425 $2,283 $17,142
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Harold Lawson

    HAROLD LAWSON & ASSOCIATES REALTORS

    (575) 396-5354

    122 Total Sales

    Harold Lawson
    Section Image
  • MADYSON ZAMORA

    Buyer's Agent in 2021

    MADYSON ZAMORA

    ELITE REAL ESTATE

    (575) 635-9923

    24 Total Sales

    MADYSON ZAMORA
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20211394

New Mexico MLS

APN: 4000212890001

New Mexico Lea County Lovington 88260

311 N Love St, Lovington, NM

This home is located at 311 N Love St, Lovington, NM 88260 since 25 March 2021 and is currently estimated at $112,283, approximately $116 per square foot. This property was built in 1950. 311 N Love St is a home located in Lea County with nearby schools including Llano Elementary School, Jefferson Elementary School, and Lea Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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