Sold Oct 13, 2021
$133,800
Seller
$132,063
by Neighborhood Loans
Mortgage Due Nov 01, 2051
Sold May 26, 2021
$74,900
$59,950
by Happy State Bank
Mortgage
This has been categorized as a residential property type.
In total, the area measurement of the land is 3,183 square feet.
Learn more about the property and building on this page. 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, 702 West Van Buren Avenue was last sold in Oct 12, 2021 for $133,800. Prior to that sales transaction, the property was sold for $74,900 in May 21, 2021. Current property owners are expected to pay $1,203 in taxes per year. The property on 702 West Van Buren Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,551. To break that down further, the land itself was valued at $4,483. While improvements to the property were assessed at a total of $34,068. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.
Learn more about the property and building on this page. 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, 702 West Van Buren Avenue was last sold in Oct 12, 2021 for $133,800. Prior to that sales transaction, the property was sold for $74,900 in May 21, 2021. Current property owners are expected to pay $1,203 in taxes per year. The property on 702 West Van Buren Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,551. To break that down further, the land itself was valued at $4,483. While improvements to the property were assessed at a total of $34,068. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.
Building Features
Exterior
Stucco Exterior
This property description is generated based on publicly available data.
702 West Van Buren Avenue, Lovington, NM 88260
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
