107 Lakeshore Drive

Local assessors in Elephant Butte, NM have categorized 107 Lakeshore Drive as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 11,254 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 107 Lakeshore Drive has a total of 3,600 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 512 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a flat style roof that was made of tar and gravel. Lots of adobe were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a steam heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 107 Lakeshore Drive was last sold in Apr 14, 2022 for $494,110. According to our calculations, that's $120.16 per sqft. Prior to that sales transaction, the property was sold for $286,200 in Dec 9, 2019. Current property owners are expected to pay $1,922 in taxes per year. The property on 107 Lakeshore Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $71,444. To break that down further, the land itself was valued at $7,897. While improvements to the property were assessed at a total of $63,547. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.