NOT LISTED FOR SALE

490 Enchanted Forest Loop Alto, NM 88312

Estimated Value: $442,815 - $464,000

6 Beds
6 Baths
2,600 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 09, 2024

Current estimated payment $2,516/month

159 Days on Market

Highlights

  • Views of Trees
  • 1.1 Acre Lot
  • 3 Fireplaces
  • Capitan Elementary School Rated A-
  • Wood Burning Stove
  • Covered Patio or Porch

About This Home

As of May 2024

Rarely available TRIPLEX nestled on peaceful 1-acre treed lot, this property offers a multitude of possibilities. Each of the 3 units boasts 2 bedrooms and 2 bathrooms (sleep up to 6), ensuring ample space and privacy for residents. Inside you'll find fully equipped kitchens, washer/dryer and HVAC. Cozy up on chilly evenings beside the wood stove, creating a warm and inviting atmosphere. This triplex comes fully furnished making it a turnkey opportunity for investors or those seeking a comfortable move-in-ready cabin. The expansive 1-acre lot provides ample outdoor space for relaxation, recreation and enjoying the natural beauty of the area and the wildlife. Don't miss the chance to own this exceptional triplex, a rare find in a tranquil setting.

Last Agent to Sell the Property

Keli Cox

Zia Real Estate License #18750 Listed on: 09/05/2023

Last Buyer's Agent

Virginia McAlister

Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso License #54245

Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1984

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 170x300
  • Property fronts a county road
  • Interior Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Cabin
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Stove
  • Laminate Flooring
  • Views of Trees
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Parking Lot

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • High Sierra Est Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 3
  • Assessor Parcel Number 4072058180338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,932

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: From Hwy 48 take first Enchanted Forest Loop. Property will be on your left.
  • Unit Levels: One
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Year Built: 1984
  • Structure Type: Triplex
  • Lot Size Acres: 1.1
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Co List Office Phone: 575-258-8656
  • MLS Status: Closed
  • Subdivision Name: High Sierra Est
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • Cooling:Central Air: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roof:Metal3: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Connected: Yes
  • Cooling:Electric3: Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Storage3: Yes
  • Flooring Laminate: Yes
  • Structure Type:Triplex: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Other Equipment: None
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Fireplace: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Lot Features: Interior Lot, Rectangular Lot
  • Other Structures: Storage, None
  • Patio And Porch Features: Covered, Front Porch
  • Roof: Metal, Pitched
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Storage
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Parking Lot

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric, Fireplace(s), Wood Stove
  • Security: Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Heating:Fireplace(s): Yes
  • Heating:Wood Stove: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 170x300
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2932.0
  • Tax Block: 3
  • Tax Lot: 12
  • Tax Map Number: 4072058180338
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
May 6, 2024
Sold by
Hardin-Simmons University
Bought by
Smoky Mountain Properties Llc
Seller's Agent
Keli Cox
Zia Real Estate
Buyer's Agent
Virginia McAlister
Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso
List Price
$489,500
Views
59
Current Estimated Value
$452,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$337,500
Outstanding Balance
$333,622
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$155,505
Source: Public Records

Range of Values:

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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
Smoky Mountain Properties Llc -- Lincoln County Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smoky Mountain Properties Llc $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold -- -- --
02/09/2024 02/09/24 For Sale $489,500 0.0% $188 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $489,500 0.0% $188 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/03/2023 09/03/23 For Sale $489,500 -- $188 / 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 $1,282 $137,940 $12,345 $125,595
2024 $1,282 $137,940 $12,345 $125,595
2023 $1,282 $72,855 $11,985 $60,870
2022 $1,083 $70,733 $11,636 $59,097
2021 $1,029 $68,666 $11,296 $57,370
2020 $1,142 $66,666 $10,967 $55,699
2019 $1,116 $65,360 $10,752 $54,608
2018 $1,080 $63,456 $10,439 $53,017
2017 $1,009 $61,608 $10,135 $51,473
2015 $1,015 $59,820 $9,841 $49,979
2014 $983 $58,077 $9,554 $48,523
Source: Public Records

Agents Affiliated with this Home

  • Keli Cox

    Seller's Agent in 2024

    Keli Cox

    Zia Real Estate

    (575) 258-8656

    44 in this area

    155 Total Sales

    Keli Cox
    Section Image

  • V

    Buyer's Agent in 2024

    Virginia McAlister

    Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso

    (505) 350-7349

    4 in this area

    15 Total Sales

    Virginia McAlister
    Section Image
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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 130120

APN: 4072058180338000000

New Mexico Lincoln County Alto 88312

490 Enchanted Forest Loop, Alto, NM

This home is located at 490 Enchanted Forest Loop, Alto, NM 88312 since 05 September 2023 and is currently estimated at $452,272, approximately $173 per square foot. This property was built in 1984. 490 Enchanted Forest Loop is a home located in Lincoln County with nearby schools including Capitan Elementary School, Capitan Middle School, and Capitan High 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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