NOT LISTED FOR SALE

507 S Main St Elida, NM 88116

Estimated Value: $48,105

2 Beds
1 Bath
840 Sq Ft
$57/Sq Ft Est. Value

Last Sold May 31, 2024

Current estimated payment $281/month

78 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet
  • Elida Elementary School Rated 9+

About This Home

As of May 2024

Own a piece of New Mexico! Cute house in the historic town of Elida, NM Just South of Portales, NM - Home of Eastern New Mexico University. This 2-bedroom, 1-bathroom property is ready for your personal touch. This home presents a great chance to customize and renovate to your liking. Situated in a convenient location, this property holds potential for investment or a cozy residence. Don't miss out on this chance to make it your own!"

Last Agent to Sell the Property

Katharine Fly

SAGEBRUSH REAL ESTATE License #16616 Listed on: 02/20/2024

Last Buyer's Agent

Katharine Fly

SAGEBRUSH REAL ESTATE License #16616 Listed on: 02/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $180

Year Built

  • Built in 1960

Lot Details

  • 0.32

Parking

  • No Garage

Home Design

  • 840 Sq Ft Home
  • Frame Construction
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Elida Elementary And Middle School
  • Elida High School

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 100001000390700

Home Details

Home Type

Single Family

Est. Annual Taxes

$180

Year Built

Built in 1960

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: REO Sale, Real Estate Owned, Third Party Approval
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Acres: 0.3214
  • Construction Type: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Elida
  • Ninth Grade High School: Elida
  • Middle Or Junior School: Elida

Lot Info

  • Lot Size Sq Ft: 14000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 100001000390700
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 9, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Jimenez Gilberto Vargas
Seller's Agent
Katharine Fly
SAGEBRUSH REAL ESTATE
Buyer's Agent
Katharine Fly
SAGEBRUSH REAL ESTATE
List Price
$35,000
Views
98
Current Estimated Value
$48,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.99%

Purchase Details

Closed on
Aug 18, 2023
Sold by
Lake Margaret
Bought by
Mortgage Assets Management Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Jimenez Gilberto Vargas -- None Listed On Document
Mortgage Assets Management Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southern Louise $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold -- -- --
05/08/2024 05/08/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $27,900 -5.3% $33 / Sq Ft
03/25/2024 03/25/24 Price Changed $29,450 -5.0% $35 / Sq Ft
03/11/2024 03/11/24 Price Changed $31,000 -11.4% $37 / Sq Ft
03/11/2024 03/11/24 For Sale $35,000 0.0% $42 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $35,000 -- $42 / 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 $231 $14,935 $747 $14,188
2023 $231 $11,441 $747 $10,694
2022 $144 $11,108 $747 $10,361
2021 $139 $10,784 $747 $10,037
2020 $137 $10,784 $747 $10,037
2019 $137 $10,723 $741 $9,982
2018 $132 $10,410 $711 $9,699
2017 $127 $10,108 $683 $9,425
2016 $126 $9,813 $655 $9,158
2015 $115 $9,527 $628 $8,899
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katharine Fly

    Seller's Agent in 2024

    Katharine Fly

    SAGEBRUSH REAL ESTATE

    (575) 799-9500

    344 Total Sales

    Katharine Fly
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Map

Source: New Mexico MLS

MLS Number: 20240978

New Mexico MLS

APN: 100001000390700

New Mexico Roosevelt County Elida 88116

507 S Main St, Elida, NM

This home is located at 507 S Main St, Elida, NM 88116 since 20 February 2024 and is currently estimated at $48,105, approximately $57 per square foot. This property was built in 1960. 507 S Main St is a home located in Roosevelt County with nearby schools including Elida Elementary School and Elida 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.

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.

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