NOT LISTED FOR SALE

406 Mechem Dr Ruidoso, NM 88345

Estimated Value: $379,000 - $849,000

-- Bed
11 Baths
814 Sq Ft
$871/Sq Ft Est. Value

About This Home

This home is located at 406 Mechem Dr, Ruidoso, NM 88345 and is currently estimated at $708,934, approximately $870 per square foot. 406 Mechem Dr is a home located in Lincoln County with nearby schools including Sierra Vista Primary School, White Mountain Elementary School, and Ruidoso Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Lee Susan
Bought by
Rol Don Properties Llc
Current Estimated Value
$708,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$709,920
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$986

Purchase Details

Closed on
Feb 27, 2014
Sold by
Plesant Family Lp
Bought by
Lee Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2011
Sold by
Lavine Mary S and Lavine Robert W
Bought by
Plesant Family Lp

Purchase Details

Closed on
Nov 15, 1999
Sold by
G K G Inc
Bought by
Lavine Robert W and Lavine Mary S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rol Don Properties Llc -- None Available
Lee Susan -- None Available
Plesant Family Lp -- None Available
Lavine Robert W -- Lincoln County Abstract & Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rol Don Properties Llc $810,000
Previous Owner Lee Susan $180,000
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 $8,163 $276,808 $83,136 $193,672
2024 $8,163 $276,808 $83,136 $193,672
2023 $8,163 $266,018 $83,136 $182,882
2022 $8,469 $266,018 $83,136 $182,882
2021 $4,497 $81,830 $69,993 $11,837
2020 $4,654 $81,485 $69,993 $11,492
2019 $4,451 $81,260 $69,993 $11,267
2018 $4,410 $80,932 $69,993 $10,939
2017 $4,694 $103,669 $69,993 $33,676
2015 $4,562 $149,996 $70,000 $79,996
2014 $2,831 $93,932 $66,500 $27,432
Source: Public Records

Map

New Mexico Lincoln County Ruidoso 88345

406 Mechem Dr, Ruidoso, NM

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