$52,500
SOLD JUN 16, 2017
Last list price

516 S Cedar Ave Roswell, NM 88203

3 Beds
1 Bath
1,292 Sq Ft
7,800 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

13 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating System
  • Early College High School Rated A
  • Refrigerated and Evaporative Cooling System
  • 1 Car Garage

About This Home

As of May 2020

Single Family home. 3 bedroom 1 bath. Living Room has been expanded to make good sized with Fireplace. Has Laundry Room, Partially Enclosed Patio, and Detached Garage.

Last Agent to Sell the Property

ANTONY HALL

CARSON REAL ESTATE, INC. Listed on: 05/04/2017

Last Buyer's Agent

LANA REESE

Exp Realty, LLC License #17441

Exp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1957

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 60 x 130
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,292 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Directions: From West 2nd St. South on Wyoming, West on Bland, North on Cedar
  • New Construction: No
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: REO Sale, Real Estate Owned
  • Garage Yn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Acres: 0.1791
  • Construction Type: Stucco
  • Patio And Porch Features: Screened

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60 x 130
  • Lot Size Sq Ft: 7800
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 735.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
May 7, 2020
Sold by
Elam Michael Paul and Elam Laura
Bought by
Padilla Joanna
Seller's Agent
LANA REESE
Exp Realty, LLC
Buyer's Agent
Mindy Longmire
Dynamic Properties Of New Mexico
List Price
$116,000
Current Estimated Value
$136,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$113,898
Outstanding Balance
$102,027
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$32,759

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 10, 2017
Sold by
Elam Marsha Lynn
Bought by
Elam Marsha Lynn and Elam Michael Paul
Seller's Agent
ANTONY HALL
CARSON REAL ESTATE, INC.
Buyer's Agent
LANA REESE
Exp Realty, LLC
List Price
$52,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.44%

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 14, 2017
Sold by
Fannie Mae
Bought by
Elam Marsha
Seller's Agent
ANTONY HALL
CARSON REAL ESTATE, INC.
Buyer's Agent
LANA REESE
Exp Realty, LLC
List Price
$52,500

Purchase Details

Closed on
Mar 23, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 27, 2016
Sold by
Doyle Robert A
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Libby George H and Libby Janet R
Bought by
Rowan Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed -- North American Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- Fidelity Nationla Title
Grant Deed -- None Available
Special Master Deed -- None Available
Warranty Deed -- Landamerica Title Of Rosswel
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,898 FHA
Closed $8,000 Stand Alone Second
Previous Owner $55,600 Adjustable Rate Mortgage/ARM
Previous Owner $13,900 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold -- -- --
04/08/2020 04/08/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $116,000 +121.0% $78 / Sq Ft
06/16/2017 06/16/17 Sold -- -- --
05/17/2017 05/17/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $52,500 -- $41 / 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
2025 $936 $35,441 $2,000 $33,441
2024 $936 $34,409 $2,000 $32,409
2023 $938 $33,407 $2,000 $31,407
2022 $902 $32,434 $2,000 $30,434
2021 $895 $31,490 $2,000 $29,490
2020 $729 $27,364 $2,000 $25,364
2019 $705 $26,567 $2,000 $24,567
2018 $704 $26,566 $2,000 $24,566
2017 $0 $31,180 $1,500 $29,680
2016 -- $30,730 $1,500 $29,230
2015 -- $29,835 $1,500 $28,335
2014 -- $28,966 $1,500 $27,466
Source: Public Records

Agents Affiliated with this Home

  • LANA REESE

    Seller's Agent in 2020

    LANA REESE

    Exp Realty, LLC

    (505) 554-3873

    135 Total Sales

    LANA REESE
    Section Image
  • Mindy Longmire

    Buyer's Agent in 2020

    Mindy Longmire

    Dynamic Properties Of New Mexico

    (575) 779-5410

    168 Total Sales

    Mindy Longmire
    Section Image

  • A

    Seller's Agent in 2017

    ANTONY HALL

    CARSON REAL ESTATE, INC.

    (575) 308-8150

    87 Total Sales

    ANTONY HALL
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 170391

New Mexico MLS

APN: R029860

New Mexico Chaves County Roswell 88203

516 S Cedar Ave, Roswell, NM

This home is located at 516 S Cedar Ave, Roswell, NM 88203 and is currently estimated at $52,500, approximately $40 per square foot. This property was built in 1957. 516 S Cedar Ave is a home located in Chaves County with nearby schools including El Capitan Elementary School, Sierra Middle School, and Roswell 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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