NOT LISTED FOR SALE

705 W Cottonwood Ave Lovington, NM 88260

Estimated Value: $128,000 - $296,000

4 Beds
2 Baths
2,120 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 16, 2016

Current estimated payment $1,526/month

57 Days on Market

Highlights

  • 1 Fireplace
  • 3 Car Attached Garage
  • Tile Flooring
  • No HOA
  • Refrigerated Cooling System
  • Fenced

About This Home

As of December 2016

Like new construction on North end of Lovington. Close proximity to schools. One of many new homes recently built on Cottonwood. Great open floor plan with Fourth bedroom that could also serve as an office or Hobby room. Granite countertops. Lots of storage through out. Beautiful front and back yard. Really stands out!! SELLER OFFERS $4,000 IN CLOSING COSTS!!!!!!!

Last Agent to Sell the Property

Robbie Robinson

ROBINSON & ASSOCIATES REAL ESTATE License #18732 Listed on: 09/18/2016

ROBINSON & ASSOCIATES REAL ESTATE

Last Buyer's Agent

Robbie Robinson

ROBINSON & ASSOCIATES REAL ESTATE License #18732 Listed on: 09/18/2016

ROBINSON & ASSOCIATES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 2012

Lot Details

  • Fenced

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Refrigerated Cooling System
  • Central Air

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,261

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • New Construction: No
  • Year Built: 2012
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Exterior Features: Sidewalk
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Electric, Central Air, Refrigerated
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2261.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Mar 19, 2015
Sold by
Shawn P Shawn P and Ernst Brittany S
Bought by
Sadowski Artur
Seller's Agent
K. SUZANNE GANAWAY
Gsi Realty Group, LLC.
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$227,000
Current Estimated Value
$246,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%
Original Mortgage
$21,565,000
Outstanding Balance
$8,594,056
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
-$8,363,385

Purchase Details

Listed on
May 30, 2014
Closed on
Mar 18, 2015
Sold by
Wioletta Wioletta and Sadowski Arthur
Bought by
Sadowski Arthur
Seller's Agent
K. SUZANNE GANAWAY
Gsi Realty Group, LLC.
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$227,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,565,000
Outstanding Balance
$8,594,056
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
-$8,363,385

Purchase Details

Listed on
Feb 24, 2013
Closed on
Apr 16, 2013
Sold by
Valley Springs Gold Creek Inc
Bought by
Ernst Shawn P and Ernst Brittany
Seller's Agent
George Stanley
PERMIAN REAL ESTATE
Buyer's Agent
George Stanley
PERMIAN REAL ESTATE
List Price
$225,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%
Original Mortgage
$22,290,000
Interest Rate
3.58%
Mortgage Type
VA
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
Sadowski Artur -- --
Sadowski Arthur -- --
Ernst Shawn P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadowski Artur $21,565,000
Closed Sadowski Arthur $21,565,000
Closed Ernst Shawn P $22,290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold -- -- --
11/14/2016 11/14/16 Pending -- -- --
09/18/2016 09/18/16 For Sale $210,000 -7.5% $99 / Sq Ft
03/18/2015 03/18/15 Sold -- -- --
09/18/2014 09/18/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $227,000 +0.5% $107 / Sq Ft
04/16/2013 04/16/13 Sold -- -- --
02/24/2013 02/24/13 Pending -- -- --
02/24/2013 02/24/13 For Sale $225,900 -- $107 / 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 $2,288 $74,330 $4,371 $69,959
2023 $2,252 $72,165 $4,244 $67,921
2022 $2,186 $72,165 $4,244 $67,921
2021 $2,111 $68,022 $4,000 $64,022
2020 $2,125 $68,022 $4,000 $64,022
2019 $2,132 $68,022 $4,000 $64,022
2018 $2,116 $68,022 $4,000 $64,022
2017 $2,099 $204,066 $12,000 $192,066
2016 $2,082 $204,066 $12,000 $192,066
2015 $2,098 $204,066 $12,000 $192,066
2014 -- $204,066 $12,000 $192,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20164708

New Mexico MLS

APN: 4980108145250