NOT LISTED FOR SALE

505 Mechem Dr Ruidoso, NM 88345

Ruidoso Area

Estimated Value: $383,000 - $495,765

Studio
-- Bath
3,400 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 505 Mechem Dr, Ruidoso, NM 88345 and is currently estimated at $450,441, approximately $132 per square foot. 505 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.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Bought by
Current Estimated Value
$450,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
0.0649%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0399%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
0.0648%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
0.0648%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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.

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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.

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Listed On Document
-- Lincoln County Abstract & Ti
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $184,000
Previous Owner $225,000
Previous Owner $215,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,650 $122,901 $31,300 $91,601
2024 $3,635 $122,901 $31,300 $91,601
2023 $3,635 $143,165 $31,300 $111,865
2022 $4,613 $143,165 $31,300 $111,865
2021 $4,747 $143,151 $31,297 $111,854
2020 $4,705 $143,151 $31,297 $111,854
2019 $4,508 $143,151 $31,297 $111,854
2018 $4,475 $143,151 $31,297 $111,854
2017 $4,555 $143,151 $31,297 $111,854
2015 $4,426 $143,165 $31,300 $111,865
2014 $4,173 $137,965 $26,100 $111,865
Source: Public Records

Map

New Mexico Lincoln County Ruidoso 88345

505 Mechem Dr, Ruidoso, 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.

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