$499,500
$36K PRICE DROP

413 Mechem Dr Ruidoso, NM 88345

Estimated payment $3,085/month

Total Views 3,337
4 Beds
3.5 Baths
3,162 Sq Ft
$158 Price per Sq Ft

Highlights

  • Guest House
  • Wood Flooring
  • No HOA
  • Views of Trees
  • Outdoor Kitchen
  • Den

About This Home

So many possibilities await you in this unique property with high visibility for your business or investment ideas. Private access through a gated entrance you'll find a classy 3 bdr. 2 bth residence, with beautiful amenities. Custom kitchen w/stainless appliances & counters. The private, walled back courtyard has numerous outdoor spaces to relax, gather or dine, including a unique soaking pool. A studio apt. w/kitchenette & bath would make some extra income or serve as another office. The lower level office area has been used as an office & businesses in the past. Plenty of off street parking. Possibilities are endless.

Listing Agent

Mary Austin

Coldwell Banker SDC License #14674 Listed on: 04/16/2025

Coldwell Banker SDC

Co-Listing Agent

Thomas Austin

Coldwell Banker SDC License #51769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,362

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 98x164x67x166
  • Interior Lot
  • Back Yard Fenced

Property Views

  • Trees
  • Valley

Home Design

  • Duplex
  • Split Level Home
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,162 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room
  • Living Room
  • Den
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outbuilding

Additional Homes

  • Guest House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Window Unit Heating System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Hamilton Terace Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 6
  • Assessor Parcel Number 4071064467425000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,362

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1940
  • Structure Type: Duplex
  • ResoLaundryFeatures: Washer Hookup
  • Lot Size Acres: 0.31
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: o43
  • Co List Office Phone: 575-257-5111
  • Co List Office Phone: 575-257-5111
  • MLS Status: Active
  • Subdivision Name: Hamilton Terace
  • Architectural Style: Pueblo, Split Level
  • ResoBuildingAreaSource: Appraiser
  • New Construction: No
  • Water Source:Public: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Style:Split Level: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Levels:Two: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Fencing Back Yard: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • Rooms:Living Room: Yes
  • Flooring:Wood2: Yes
  • Rooms:Workshop: Yes
  • Other Structures:Storage3: Yes
  • Rooms:Den: Yes
  • Other Structures:Out Building: Yes
  • View:Valley: Yes
  • Rooms:Family Room: Yes
  • Cooling:Window Unit(s): Yes
  • Other Structures:Guest House: Yes
  • Structure Type Duplex: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Recessed Lighting, Storage
  • Other Equipment: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:Washer Hookup: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace:None10: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Interior Lot
  • Other Structures: Guest House, Outbuilding, Storage, Workshop
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • View: Trees/Woods, Valley
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Courtyard, Lighting, Outdoor Kitchen
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Lot, Paved

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Forced Air, Natural Gas, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Central: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Zoning: C2
  • Lot Dimensions: 98x164x67x166
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5362.0
  • Tax Block: 6
  • Tax Lot: 7
  • Tax Map Number: 4071064467425000000
  • Tax Tract: -

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,610 $54,950 $24,200 $30,750
2024 $1,610 $54,950 $24,200 $30,750
2023 $1,610 $56,676 $24,200 $32,476
2022 $1,826 $56,676 $24,200 $32,476
2021 $1,879 $56,671 $24,198 $32,473
2020 $1,863 $56,671 $24,198 $32,473
2019 $1,784 $56,671 $24,198 $32,473
2018 $1,772 $56,671 $24,198 $32,473
2017 $1,803 $56,671 $24,198 $32,473
2015 $1,752 $56,676 $24,200 $32,476
2014 $1,422 $47,009 $14,533 $32,476
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $499,500 -6.6% $158 / Sq Ft
04/16/2025 04/16/25 For Sale $535,000 -- $169 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 132390

APN: 4071064470418000000

New Mexico Lincoln County Ruidoso 88345

413 Mechem Dr, Ruidoso, NM

This home is located at 413 Mechem Dr, Ruidoso, NM 88345 and is currently priced at $499,500, approximately $157 per square foot. This property was built in 1940. 413 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.

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.

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Mary Austin
Listing Agent
Mary Austin
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Coldwell Banker SDC
(575) 221-8244