NOT LISTED FOR SALE

505 Main Rd Ruidoso, NM 88345

Estimated Value: $183,842 - $260,000

1 Bed
1 Bath
562 Sq Ft
$395/Sq Ft Est. Value

Last Sold August 13, 2021

Current estimated payment $1,303/month

1 Day on Market

Highlights

  • Views of Trees
  • Deck
  • Eat-In Kitchen
  • Open Floorplan
  • Covered Patio or Porch
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2021

Cute cozy love nest with the ole fashion Ruidoso Mountain charm in upper canyon. This little gem has generated some decent income for the seller through AirBNB, Knotty pine, tile floors and a corner fireplace to keep you toasty warm in the winter. Perfect little get away for you love nesters. Living area allows room for a futon or fold out couch for the kiddos. The covered deck is just as cute as the cabin itself. Seller has replaced the windows and the wall heating units. Ample off street parking and not only close to the river but close to all the action that Ruidoso has to offer. Tall pine trees cradle this cabin. If you are looking for a little money maker that people seek here in Ruidoso, this is it! Pictures provided by the seller from his internet rental site.

Last Agent to Sell the Property

Darien Ross

Pinnacle Real Estate & Dev License #42355 Listed on: 08/19/2021

Last Buyer's Agent

James Russ II

REMAX Sierra Blanca Realty License #19802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1940

Lot Details

  • 1,742 Sq Ft Lot
  • Level Lot

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 562 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Tile Flooring
  • Views of Trees

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Community Details

  • Dufo Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 4070064396520

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Sudderth to Main on left
  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.04
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • Co List Office Phone: 575-336-7711
  • MLS Status: Closed
  • Subdivision Name: Dufo
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • View TreesWoods: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Flooring:Tile2: Yes
  • Cooling:Electric3: Yes
  • Fireplace Free Standing: Yes
  • Cooling Wall Unit(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan
  • Other Equipment: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Level
  • Patio And Porch Features: Covered, Deck
  • Property Condition: See Remarks
  • View: Trees/Woods
  • Construction Type: Wood Siding
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved, See Remarks

Utilities

  • Cooling: Ceiling Fan(s), Electric, Wall Unit(s)
  • Heating: Electric, Fireplace(s), Wall Furnace
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Fireplace(s): Yes
  • Heating:Electric: Yes
  • Heating:Wall Furnace: Yes

Lot Info

  • Zoning: R1
  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1436.0
  • Tax Block: 2
  • Tax Lot: 2
  • Tax Map Number: 4070064396520
  • Tax Tract: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Aug 13, 2021
Sold by
Brown Lamar
Bought by
Lomeli Yvette
Seller's Agent
Darien Ross
Pinnacle Real Estate & Dev
Buyer's Agent
James Russ II
REMAX Sierra Blanca Realty
List Price
$154,000
Current Estimated Value
$221,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$130,900
Outstanding Balance
$116,349
Interest Rate
1.5%
Mortgage Type
New Conventional
Estimated Equity
$105,572

Purchase Details

Closed on
Mar 14, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brown Lamar W

Purchase Details

Closed on
May 18, 2018
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 12, 2018
Sold by
Lincoln County
Bought by
Wells Fargo Bank N C

Purchase Details

Closed on
Apr 8, 2014
Sold by
Reppin Joerg and Reppin Jack
Bought by
Pumroy Gelsomino Dana

Purchase Details

Closed on
Apr 30, 2007
Sold by
Robinson David
Bought by
Pumroy Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2007
Sold by
Pumroy Kyle and Pumroy Dana M
Bought by
Pumroy Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
6.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lomeli Yvette -- Alliance Abstract & Ttl Llc
Lomeli Yvette -- None Listed On Document
Brown Lamar W -- None Available
Federal Home Loan Mortgage Corp -- None Available
Wells Fargo Bank N C -- None Available
Pumroy Gelsomino Dana -- None Available
Pumroy Dana M -- None Available
Pumroy Dana M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomeli Yvette $130,900
Closed Lomeli Yvette $130,900
Previous Owner Pumroy Dana M $107,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold -- -- --
05/26/2021 05/26/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $154,000 -- $274 / 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 $1,557 $54,745 $1,638 $53,107
2024 $1,557 $53,150 $1,590 $51,560
2023 $1,557 $51,602 $1,544 $50,058
2022 $1,614 $50,099 $1,499 $48,600
2021 $1,492 $45,004 $1,413 $43,591
2020 $1,436 $43,693 $1,372 $42,321
2019 $1,241 $42,836 $1,345 $41,491
2018 $1,198 $41,588 $1,306 $40,282
2017 $1,153 $40,377 $1,268 $39,109
2015 $1,122 $39,205 $1,231 $37,974
2014 $1,089 $38,063 $1,195 $36,868
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Darien Ross

    Pinnacle Real Estate & Dev

  • James Russ II

    Buyer's Agent in 2021

    James Russ II

    REMAX Sierra Blanca Realty

    (575) 937-2921

    117 in this area

    194 Total Sales

    James Russ II
    Section Image

  • J

    Buyer's Agent in 2021

    James Russ

    Sierra Blanca Realty

See All Agents

Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 126572

APN: 4070064396520000000

New Mexico Lincoln County Ruidoso 88345

505 Main Rd, Ruidoso, NM

This home is located at 505 Main Rd, Ruidoso, NM 88345 since 19 August 2021 and is currently estimated at $221,921, approximately $394 per square foot. This property was built in 1940. 505 Main Rd is a home located in Lincoln County with nearby schools including Sierra Vista Primary School, White Mountain Elementary School, and Ruidoso Middle School.

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