See Home Value
$230,000 - $280,000
House - Off Market

111 Huron Drive

Elephant Butte, NM 87935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1550 Sqft
Sold Jun 12, 2023
Transfer
$155,625 by Waterstone Mortgage Corporatio
Mortgage Due Aug 01, 2052
Sold Nov 24, 2020
$140,600
$112,500 by Waterstone Mortgage Corp
Mortgage Due Dec 01, 2050

About This Property

Welcome to this unique investment opportunity perfectly suited for Airbnb enthusiasts and savvy investors. Nestled in a prime location, this three bedroom, two bathroom offers not just a home, but an exceptional income-generating prospect. With its thoughtful design,  desirable amenities, and proximity to Elephant Butte Lake State Park, Sierra Del Rio Golf Course and the T or C Hot Springs, this remodeled Home is a standout choice for the flourishing short-term rental market or to just call Home. The Home is also available completely furnished including all housewares to put on Airbnb the weekend after closing for $275,000.

The manager has listed the unit size as 1550 square feet.
Unit Size
1,550Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$165
Property Type
House
Property Taxes
$783
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Jan 11, 2024 No longer available -
No longer available
Oct 3, 2023 Price Decreased $255,000
↓ $10K (3.8%)
Price Decreased
Aug 7, 2023 Listed $265,000
Listed
Nov 24, 2020 Sold to Brian J Schwebke $140,600
Sold to Brian J Schwebke

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,880
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE EST 2ND REPLAT
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKESHORE EST 2ND REPLAT BLOCK 9 LOT 47 LESS E10

Ownership

  • Current Owner : SCHWEBKE SUSAN L
  • Current Owner 2: SCHWEBKE BRIAN J
  • Previous Owner : TAX DIVISION OF THE TAXATION AND REVENUE
  • Owner Before Previous Owner: SCHWEBKE BRIAN J
  • Owner Before Previous Owner 2: SCHWEBKE SUSAN LINDSAY

Neighborhood

  • School District Name: Truth or Consequences Schools
  • Census Tract: 962401

Geography

  • Account Number: 2008
  • Parcel: 3020073349461
  • Block: 9
  • Lot: 47
  • Municipality: ELEPHANT BUTTE
  • Latitude: 33.203
  • Longitude: -107.225

    Address

  • Full Address: 111 Huron Dr
  • Address - House Number: 111
  • Address - Street Name: Huron
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Elephant Butte
  • Carrier Code: R777
  • 4-Digit Zip Code: 1079
  • Zip Code: 87935

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $783
  • Tax Rate Code Area: 6 EB

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 76
  • Final Value: 242,438
  • High Value: 286,374
  • Low Value: 198,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,625
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORPORATIO
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Loan Amount: $155,625
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $87,345
  • Market Land Value: $19,569
  • Market Improvement Value: $67,776

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,115
  • Assessed Land Value: $6,523
  • Assessed Improvements Value: $22,592

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Transaction ID: 11909145269
  • Current Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.
  • Current Sale Input Document Number: 1323
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 20, 2020
  • Previous Sale Amount: $140,600
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: WATERSTONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 24, 2020
  • Previous Mortgage Loan Amount: $112,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
-
$295,000 Jun 27, 2023
-
$0/mo

About Elephant Butte


Similar Homes for Sale

Unit for sale at 500 Skyline Drive, Elephant Butte, NM 87935

$295,000

  • 3 Beds
  • 2.5 Baths
500 Skyline Drive, Elephant Butte, NM 87935 Listing by LANEER WRYE

Nearby Rentals



Frequently Asked Questions

When was property at 111 Huron Drive built and last sold?
The property at 111 Huron Drive was built in 1965 and last sold on Apr 28, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 111 Huron Drive is $270,927.
What are some comparable homes to 111 Huron Drive?
Homes that are comparable to 111 Huron Drive include a house property at 500 Skyline Drive, located in Elephant Butte, NM.

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