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124 Lo-Ray Drive

124 Lo-Ray Drive, Carlsbad, NM 88220
Property in Eddy
Sold Apr 26, 2019
$296,900
$237,500 by Wells Fargo Bank Na
Mortgage Due May 01, 2049
This has been categorized as a residential property type. 124 Lo-Ray Drive has 2,432 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 3,052 ft and the linear feet between the front and back of the lot is 7,167. In total, the area measurement of the land is 217,800 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, 124 Lo-Ray Drive sold most recently in Apr 26, 2019 for a total of $296,900. If you work out the math, that's approximately a cost of $122.08 per sqft. 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 $1,730 in taxes each year. 124 Lo-Ray Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $87,157. If we break it down further, the land itself was valued at $6,655. Improvements to the property, however, were assessed at a total of $80,502. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 7,167
  • Lot Size Frontage Feet: 3,052
  • Total Building Area: 2,432
  • Building Area: 2,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOIS
  • Land Acres: 5
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: SUBD: LOIS TRACT: 1

Ownership

  • Current Owner : RAMIREZ ALBERTO R
  • Previous Owner : ALEXANDER JASON
  • Previous Owner 2: ALEXANDER TAMI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carlsbad Municipal Schools
  • Census Tract: 000700

Geography

  • Assessors Map Reference: 270A-L-1
  • Account Number: R071772
  • Subdivision Tract Number: 1
  • Parcel: 4157132414095
  • Municipality: CARLSBAD OUTSIDE CITY LIMITS
  • Latitude: 32.353
  • Longitude: -104.224

    Address

  • Full Address: 124 Lo Ray
  • Address - House Number: 124
  • Address - Street Name: Lo Ray
  • State: NM
  • City Name: Carlsbad
  • Carrier Code: H063
  • 4-Digit Zip Code: 9159
  • Zip Code: 88220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 368,304
  • High Value: 450,420
  • Low Value: 286,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 26, 2019
  • First Open Lien Mortgage Loan Amount: $237,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $261,471
  • Market Land Value: $19,965
  • Market Improvement Value: $241,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,157
  • Assessed Land Value: $6,655
  • Assessed Improvements Value: $80,502

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: Apr 26, 2019
  • Current Sale Transaction ID: 11602697919
  • Current Sale Price: $296,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1905382

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 26, 2019
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Eddy



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Frequently Asked Questions

What neighborhood is 124 Lo-Ray Drive located in?
The 124 Lo-Ray Drive is a located in the neighborhood of Eddy in Eddy, Carlsbad.
What is the average sales price for listings in 124 Lo-Ray Drive?
The average sales price for units in 124 Lo-Ray Drive is $0 currently.

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