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575 2nd Street

575 2nd Street, Ruidoso, NM 88345
Property in Lincoln
Sold Aug 28, 2012
$162,500
$130,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2042
Local assessors in Ruidoso, NM have categorized 575 2nd Street as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 11,104 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 575 2nd Street has a total of 1,140 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. 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, 575 2nd Street sold most recently in Aug 24, 2012 for a total of $162,500. 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 $1,602 in taxes each year. 575 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $54,098. If we break it down further, the land itself was valued at $6,521. Improvements to the property, however, were assessed at a total of $47,577. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,104
  • Total Building Area: 0
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSWOOD ADDITION
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: KINGSWOOD ADDITION UNIT I LOT 2

Ownership

  • Current Owner : GRAHAM ROBERT STANLEY
  • Current Owner 2: GRAHAM BARBARA ELLEN
  • Previous Owner : HENDRYX WILLIAM
  • Previous Owner 2: HENDRYX SERENA
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ruidoso Municipal Schools
  • School Tax School District: 03I
  • Census Tract: 960602

Geography

  • Account Number: 34200
  • Parcel: 4-071-065-040-141
  • Lot: 2
  • Municipality: RUIDOSO SCHOOL DISTRICT IN
  • Latitude: 33.3301
  • Longitude: -105.691

    Address

  • Full Address: 575 2nd St
  • Legal Unit: 1
  • Address - House Number: 575
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NM
  • City Name: Ruidoso
  • Zip Code: 88345

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,602

    Appraisal Valuation

  • Standard Deviation: 0.4258
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 187,934
  • High Value: 267,969
  • Low Value: 107,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 28, 2012
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Sep 01, 2042

    Market Valuation

  • Market Total Value: $162,294
  • Market Land Value: $19,563
  • Market Improvement Value: $142,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,098
  • Assessed Land Value: $6,521
  • Assessed Improvements Value: $47,577

    Sales

  • Current Sale Contract Date: Aug 24, 2012
  • Current Sale Recording Date: Aug 28, 2012
  • Current Sale Transaction ID: 1193212515
  • Current Sale Price: $162,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201205432

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 28, 2012
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

About Ruidoso



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Frequently Asked Questions

What neighborhood is 575 2nd Street located in?
The 575 2nd Street is a located in the neighborhood of Lincoln in Ruidoso, Ruidoso.
What is the average sales price for listings in 575 2nd Street?
The average sales price for units in 575 2nd Street is $0 currently.

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