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118 West Alice Avenue

118 West Alice Avenue, Lovington, NM 88260
Land in Lea
Sold Jan 18, 2022
$223,133
$220,924 by Paramount Residential Mortgage
Mortgage Due Feb 01, 2052
Sold Apr 15, 2020
$218,300
$174,610 by 21st Mortgage Corp
Mortgage Due Apr 15, 2043
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. In total, the area measurement of the land is 251,236 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 West Alice Avenue sold most recently in Jan 13, 2022 for a total of $223,133. Before that, the property was also sold for $218,300 in Apr 10, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,737 in taxes each year. 118 West Alice Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,229. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $55,729. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Mobile home
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 251,236
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WIGGINS SUB-DIV
  • Land Acres: 5.767
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WIGGINS SUB-DIV BLOCK 4 LOT 1 2 3 4 5 122214-PHOTOS 81519 MORRIS, ROBERT W III 41520 MORRIS, ROBERT W III 41520 MORRIS, MICHA

Ownership

  • Current Owner : GALLEGOS ALEXIS SANTIAGO
  • Current Owner 2: SALCIDO LILIANA M
  • Previous Owner : PANDO RODRIGUEZ
  • Previous Owner 2: PANDO NADIA
  • Owner Before Previous Owner: MORRIS MICHAEL RAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lovington Public Schools
  • Census Tract: 001004

Geography

  • Account Number: 34068
  • District: 10
  • Parcel: 4 000 340 680 001
  • Block: 4
  • Lot: 1-5
  • Municipality: LOVINGTON
  • Latitude: 32.9779
  • Longitude: -103.35

    Address

  • Full Address: 118 W Alice St
  • Address - House Number: 118
  • Street Direction: W
  • Address - Street Name: Alice
  • Address - Suffix Type: St
  • State: NM
  • City Name: Lovington
  • Carrier Code: R002
  • 4-Digit Zip Code: 2455
  • Zip Code: 88260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,737

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 263,546
  • High Value: 320,222
  • Low Value: 206,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,924
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $220,924
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $189,687
  • Market Land Value: $22,500
  • Market Improvement Value: $167,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,229
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $55,729

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11878896004
  • Current Sale Price: $223,133
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16690
  • Previous Sale Recording Date: Apr 15, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Amount: $218,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 18, 2022
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: 21ST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 15, 2020
  • Previous Mortgage Loan Amount: $174,610
  • Previous Mortgage Term: 275
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 15, 2043

About Lea



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Frequently Asked Questions

What neighborhood is 118 West Alice Avenue located in?
The 118 West Alice Avenue is a land located in the neighborhood of Lea in Lea, Lovington.
What is the average sales price for listings in 118 West Alice Avenue?
The average sales price for units in 118 West Alice Avenue is $0 currently.

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