NOT LISTED FOR SALE

402 Otero Dr Unit II Ruidoso, NM 88345

Estimated Value: $245,000

2 Beds
1 Bath
812 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 14, 2018

Current estimated payment $1,433/month

201 Days on Market

Highlights

  • Views of Trees
  • 2 Fireplaces
  • Interior Lot
  • Deck
  • No HOA
  • Living Room

About This Home

As of March 2018

COZY, CUTE AND DARLING, Old Ruidoso charm 2 bedrooms, 1 bath, cabin, fully furnished and ready to use. Great location close to everything. Lots of wood accents, rocky wood burning fireplace, always been a second home, same owner since 1982.

Last Agent to Sell the Property

Alberto Robles

Coldwell Banker SDC License #25972 Listed on: 07/15/2017

Coldwell Banker SDC

Last Buyer's Agent

Leo Rheingans

Century 21 Aspen Real Estate License #43269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,046

Year Built

  • Built in 1974

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 105x101x102x110
  • Interior Lot
  • Property is zoned R1

Parking

  • On-Site Parking

Home Design

  • Cabin
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Storage
  • Views of Trees
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Town & Country North Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,046

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1974
  • Lot Size Acres: 0.25
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • Co List Office Phone: 575-257-5111
  • MLS Status: Closed
  • Subdivision Name: Town & Country North
  • Architectural Style: Cabin
  • Levels:One: Yes
  • View TreesWoods: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Connected: Yes
  • Rooms:Living Room: Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities Natural Gas Available: Yes
  • Roof:Shingle: Yes
  • Security Features Fire Alarm: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: High Speed Internet, Storage
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Lot Features: Interior Lot, Other
  • Patio And Porch Features: Deck, Other
  • Roof: Pitched, Shingle
  • View: Trees/Woods
  • Construction Type: Stucco
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Deck: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Patio And Porch Features:Other24: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site

Utilities

  • Heating: Baseboard, Electric
  • Security: Fire Alarm, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Water Connected
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 105X101X102X110
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1045.88
  • Tax Block: 15
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Maraffa Michael and Maraffa Rachelle
Bought by
Memory Lane Properties Llc
Current Estimated Value
$245,000

Purchase Details

Closed on
Sep 28, 2020
Sold by
Sullivan William J
Bought by
Maraffa Michael and Maraffa Rachelle

Purchase Details

Closed on
Mar 19, 2020
Sold by
Sullivan Bros Investment Properties Llc
Bought by
Sullivan William J

Purchase Details

Closed on
Oct 24, 2019
Sold by
Sullivan William J
Bought by
Sullivan Bros Investment Properties Llc

Purchase Details

Listed on
Jul 15, 2017
Closed on
Mar 15, 2018
Sold by
Matthews Ronald Doyle and Hagan Lori Darlene
Bought by
Sullivan William J
Seller's Agent
Alberto Robles
Coldwell Banker SDC
Buyer's Agent
Leo Rheingans
Century 21 Aspen Real Estate
List Price
$124,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$80,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2008
Sold by
Matthews Florine Deloris and Matthews Florene
Bought by
Matthews Florine Deloris and Florine Deloris Matthews Revocable Tr
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
Memory Lane Properties Llc -- None Listed On Document
Maraffa Michael -- None Available
Sullivan William J -- None Available
Sullivan Bros Investment Properties Llc -- None Available
Sullivan William J -- None Available
Matthews Florine Deloris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan William J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold -- -- --
02/01/2018 02/01/18 Pending -- -- --
07/15/2017 07/15/17 For Sale $124,888 -- $154 / 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 $1,604 $56,401 $7,132 $49,269
2024 $1,604 $54,758 $6,924 $47,834
2023 $1,604 $53,163 $6,722 $46,441
2022 $1,663 $51,614 $6,526 $45,088
2021 $1,553 $51,608 $6,525 $45,083
2020 $1,131 $37,264 $6,525 $30,739
2019 $1,080 $37,264 $6,525 $30,739
2018 $726 $25,215 $6,525 $18,690
2017 $699 $24,481 $6,335 $18,146
2015 $680 $23,770 $6,151 $17,619
2014 $660 $23,078 $5,972 $17,106
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alberto Robles

    Coldwell Banker SDC

    (575) 808-0264

    48 in this area

    60 Total Sales

    Alberto Robles
    Section Image

  • L

    Buyer's Agent in 2018

    Leo Rheingans

    Century 21 Aspen Real Estate

See All Agents

Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 120377

APN: 4072063202104000000

New Mexico Lincoln County Ruidoso 88345

402 Otero Dr Unit II, Ruidoso, NM

This home is located at 402 Otero Dr Unit II, Ruidoso, NM 88345 since 15 July 2017 and is currently estimated at $245,000, approximately $301 per square foot. This property was built in 1974. 402 Otero Dr Unit II is a home located in Lincoln County with nearby schools including Sierra Vista Primary School, White Mountain Elementary School, and Ruidoso Middle School.

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