NOT LISTED FOR SALE

505 E Adams Ave Lovington, NM 88260

Estimated Value: $128,000 - $187,000

4 Beds
1 Bath
1,374 Sq Ft
$110/Sq Ft Est. Value

Last Sold February 14, 2024

Current estimated payment $853/month

7 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Come check out this great investment property located in Lovington, NM. 4 spacious bedrooms just needing a little TLC on the outside and this house can be your home! Being sold AS IS.

Last Agent to Sell the Property

EMILY ESPINOZA

Edge Realty Group License #REC-2022-1048 Listed on: 01/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 1970

Lot Details

  • Irregular Lot

Parking

  • No Garage

Home Design

  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000228650001

Home Details

Home Type

Single Family

Est. Annual Taxes

$644

Year Built

Built in 1970

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1970
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Tile
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Electric, Central Air, Gas
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000228650001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 644.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 14, 2024
Sold by
Espinoza Javier and Espinoza Irma Corral
Bought by
Lujan Alexis
Seller's Agent
EMILY ESPINOZA
Edge Realty Group
List Price
$132,500
Views
39
Current Estimated Value
$151,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$127,555
Outstanding Balance
$125,305
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$26,436

Purchase Details

Listed on
Jan 11, 2024
Closed on
Jan 26, 2024
Sold by
Corral Noel and Corral Belen
Bought by
Espinoza Javier and Espinoza Irma Corral
Seller's Agent
EMILY ESPINOZA
Edge Realty Group
List Price
$132,500
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,555
Outstanding Balance
$125,305
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$26,436
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lujan Alexis -- None Listed On Document
Espinoza Javier -- First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lujan Alexis $127,555
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold -- -- --
01/18/2024 01/18/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $132,500 -- $96 / Sq Ft
Source: New Mexico MLS

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
2024 $655 $21,274 $221 $21,053
2023 $645 $20,655 $215 $20,440
2022 $626 $20,655 $215 $20,440
2021 $604 $19,470 $203 $19,267
2020 $591 $18,903 $197 $18,706
2019 $575 $18,352 $191 $18,161
2018 $554 $17,817 $185 $17,632
2017 $534 $51,894 $540 $51,354
2016 $514 $50,382 $525 $49,857
2015 $503 $48,915 $510 $48,405
2014 -- $47,490 $495 $46,995
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    EMILY ESPINOZA

    Edge Realty Group

    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20240221

New Mexico MLS

APN: 4000228650001

New Mexico Lea County Lovington 88260

505 E Adams Ave, Lovington, NM

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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes