NOT LISTED FOR SALE

519 New Mexico 88 Portales, NM 88130

Estimated Value: $100,000 - $217,000

2 Beds
2 Baths
1,572 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 14, 2019

Current estimated payment $918/month

13 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • 40 Acre Lot
  • Lindsey-Steiner Elementary School Rated A-
  • RV Access or Parking
  • Wood Flooring

About This Home

As of February 2019

Gentleman's Farm and Horse Property. Make this Country Ranch style home , Surrounded by acres of pasture and irrigated farm land your Country Estate, family farm, or Artists Retreat. The uses for this property and home are endless There are 3 irrigation wells and one Domestic Well that is used to water the lawn and grounds around the home. The House is connected to Roosevelt County Water Coop. The Home is of solid construction but needs Cosmetic Improvement. The approx. $69 per sq ft house price is calculated by taking away $57,000 for the land and barn improvements from the total price. The front room is currently being used as an Art Gallery. A large area of this room could be partitioned off to make a 3rd bedroom (see drawing}. The other rooms are all large and comfortable. Only 4.2 miles the town square, this unique County Home could just make all your dreams come true.

Last Agent to Sell the Property

Troy Hinton

Morgan Realty Company License #48342 Listed on: 01/01/2019

Last Buyer's Agent

Joe Montano

Better Homes & Gardens Real Estate Experience License #REC-2024-0129

Better Homes & Gardens Real Estate Experience

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $547

Lot Details

  • 40 Acre Lot
  • Fenced
  • Irrigation

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Farm
  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Free-Standing Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Portales Schools Elementary School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 400000000247900

Property Details

Property Type

Other

Est. Annual Taxes

$547

Lot Details

0

Parking

2

Listing Details

  • Directions: From US 70 at 1st and Avenue C, Travel South on Avenue C for 18 blocks to 18th Street. Turn left on East 18th Street and Travel 2 miles to NM 88. Turn Right on NM 88 and travel 1.2 miles south to the homesite on the East side of the road.
  • New Construction: No
  • Reso Property Sub Type: Residential/Farm & Ranch
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Hardwood, Vinyl
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Barn(s), Corral(s), Shed(s)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Cooktop, Dishwasher, Range Hood, Free-Standing Range, Refrigerator, Oven, Electric Water Heater
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Acres: 40
  • Construction Type: Brick, Floor-Wood, Frame
  • Exterior Features: Horses Allowed, Irrigation
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, RV Access/Parking

Utilities

  • Utilities: Electricity Connected, Propane
  • Sewer: Septic Tank
  • Cooling: Electric, Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Radiant
  • HeatingYN: Yes
  • Water Source: Public, Private, Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Portales Schools

Lot Info

  • Lot Size Sq Ft: 1742400
  • ResoLotSizeUnits: Acres
  • Parcel #: 400000000247900
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 547.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2019
Closed on
Feb 14, 2019
Sold by
Elliott Terrie Summers Paul and Elliott Christopher James
Bought by
Elliott Terrie Summers Paul and Elliott Christopher James
Seller's Agent
Troy Hinton
Morgan Realty Company
Buyer's Agent
Joe Montano
Better Homes & Gardens Real Estate Experience
List Price
$165,000
Current Estimated Value
$163,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.14%
Original Mortgage
$157,712
Interest Rate
4.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Elliott Terrie Summers Paul -- Azlec Abstract And Title Ins
Elliott Terrie Summers Paul -- Azlec Abstract And Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Terrie Summers Paul $157,712
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold -- -- --
01/14/2019 01/14/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $165,000 -- $105 / 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 $700 $33,609 $3,843 $29,766
2024 $700 $32,272 $3,843 $28,429
2023 $700 $31,595 $3,843 $27,752
2022 $649 $29,599 $3,843 $25,756
2021 $614 $28,078 $3,843 $24,235
2020 $616 $28,078 $3,843 $24,235
2019 $559 $25,451 $3,006 $22,445
2018 $547 $24,892 $2,891 $22,001
2017 $525 $23,883 $2,840 $21,043
2016 $528 $23,883 $2,840 $21,043
2015 $532 $23,883 $2,840 $21,043
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Troy Hinton

    Morgan Realty Company

  • J

    Buyer's Agent in 2019

    Joe Montano

    Better Homes & Gardens Real Estate Experience

    (575) 777-4700

    210 Total Sales

    Joe Montano
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Map

Source: New Mexico MLS

MLS Number: 20190047

New Mexico MLS

APN: 400000000247900

New Mexico Roosevelt County Portales 88130

519 New Mexico 88, Portales, NM

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