NOT LISTED FOR SALE

481 Enchanted Forest Loop Alto, NM 88312

Estimated Value: $298,000 - $470,462

4 Beds
2 Baths
2,560 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 21, 2023

Current estimated payment $2,000/month

112 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 1-Story Property
  • Capitan Elementary School Rated A-
  • Interior Lot
  • Central Heating and Cooling System

About This Home

As of November 2023

Nice location, close to town, on a large .74 lot. Home has a open floor plan, Has 3 Br and 2 Ba, nursery, dining room, large living room with a fireplace, and an office. 2560 st. cabin style exterior finish, Rare find on a flat lot. ''Buyer Agents will be assessed a $200 Technology Fee for properties that close escrow after August 13, 2023. It is the responsibility of Buyer Agents to ensure the Technology Fee is included in the Closing Disclosure. The Technology Fee will be deducted from the commission and disbursed accordingly at closing.''

Last Agent to Sell the Property

EMESE FISHER

Fisher Real Estate, LLC License #16057 Listed on: 05/24/2023

Last Buyer's Agent

Mary Weaver

Fathom Realty NM License #19313

Fathom Realty NM

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 2000

Lot Details

  • 0.74 Acre Lot
  • Property fronts a county road
  • Interior Lot

Parking

  • Driveway

Home Design

  • Cabin
  • Fixer Upper
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property
  • Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Manufactured Home

Community Details

  • No Home Owners Association
  • High Sierra Est Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 00354231

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,139

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Year Built: 2000
  • Lot Size Acres: 0.74
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Co List Office Phone: 575-258-0003
  • MLS Status: Closed
  • Subdivision Name: High Sierra Est
  • Architectural Style: Cabin
  • Body Type: Double Wide
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Metal3: Yes
  • Property Condition:Fixer: Yes
  • Special Features: None

Interior Features

  • Appliances: Other
  • Flooring: Other
  • Interior Amenities: None
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No

Exterior Features

  • Lot Features: Interior Lot
  • Patio And Porch Features: Covered
  • Roof: Metal
  • View: Other
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Log
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Security: Other
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Septic Tank, Unknown
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None12: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: .74
  • Lot Size Sq Ft: 32234.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2139.0
  • Tax Block: 2
  • Tax Lot: 7
  • Tax Map Number: 00354231
  • Tax Tract: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Nov 9, 2023
Sold by
Cascade Funding Mortgage Trust Hb7
Bought by
Araiza Adolph and Araiza Betty
Seller's Agent
EMESE FISHER
Fisher Real Estate, LLC
Buyer's Agent
Mary Weaver
Fathom Realty NM
List Price
$235,500
Views
131
Current Estimated Value
$365,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.50%
Original Mortgage
$166,000
Outstanding Balance
$162,671
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$202,695

Purchase Details

Closed on
Feb 28, 2023
Sold by
Mortgage Assets Management Llc
Bought by
Cascade Funding Mortgage Trust Hb7

Purchase Details

Closed on
Jan 10, 2023
Sold by
Doyle Robert
Bought by
Mortgage Assets Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Araiza Adolph -- None Listed On Document
Cascade Funding Mortgage Trust Hb7 -- None Listed On Document
Mortgage Assets Management Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araiza Adolph $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold -- -- --
09/13/2023 09/13/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $180,000 -15.1% $70 / Sq Ft
07/25/2023 07/25/23 Price Changed $211,950 -5.3% $83 / Sq Ft
06/27/2023 06/27/23 Price Changed $223,725 -5.0% $87 / Sq Ft
05/24/2023 05/24/23 For Sale $235,500 -- $92 / 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 $1,295 $74,985 $12,715 $62,270
2024 $1,244 $72,801 $12,345 $60,456
2023 $1,244 $70,680 $11,985 $58,695
2022 $1,050 $68,621 $11,636 $56,985
2021 $998 $66,615 $11,296 $55,319
2020 $1,108 $64,676 $10,967 $53,709
2019 $1,083 $63,408 $10,752 $52,656
2018 $1,047 $61,561 $10,439 $51,122
2017 $979 $59,768 $10,135 $49,633
2015 $984 $58,033 $9,841 $48,192
2014 $953 $56,342 $9,554 $46,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 129621

APN: 4072058195366000000