Sold

Price Unknown

123 Reese Dr, Ruidoso, NM 88345

2beds

1,322sqft

Single Family Residence

Built in 1960

0.75 Acres Lot

$297,300 Zestimate^®

$--/sqft

$1,709 Estimated rent

Home value

$297,300

$274,000 - $321,000

$1,709/mo

Zestimate^® history

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What's special

You will be pleasantly surprised with this cute cabin centrally located in Ruidoso! Live in the city but feel like you're in the country with this unique Ruidoso River Property! A 2 bedroom, 1 bath cabin with large living room, kitchen and dining area. With tongue and groove throughout, access to the Rio Ruidoso, and wildlife all around, feel like you've stepped into a cabin straight out of the movies. Enjoy 64' of Beautiful Ruidoso River, a large metal shop (18x40) wired for 220 & 110 v and water, a treehouse, and a 12x10 barn. There is a well, used for watering the yard with automatic sprinklers and the workshop. So much potential here! Sold as-is, this home has an excellent rental history. Would be a great investment as a primary, 2nd home, or nightly. Make your appointment today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Family Room, Laundry, Living Room, Workshop

Heating

Central, Fireplace(s), Natural Gas

Cooling

Ceiling Fan(s), Window Unit(s)

Appliances

Included: Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer

Features

Ceiling Fan(s), Eat-in Kitchen, Storage, Main Level Primary, Workshop
Flooring: Wood
Has fireplace: Yes
Fireplace features: Other, Insert
Furnished: Yes

Interior area

Total interior livable area: 1,322 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Carport, Concrete, Driveway, On Site
Carport spaces: 1
Has uncovered spaces: Yes

Accessibility

Accessibility features: No Stairs

Features

Levels: One
Stories: 1
Patio & porch: Rear Porch, Covered, Front Porch
Exterior features: Storage
Fencing: Partial
Has view: Yes
View description: Trees/Woods
Waterfront features: River Front, River Access, Waterfront

Lot

Size: 0.75 Acres
Features: Gentle Sloping, See Remarks, Waterfront

Details

Additional structures: Shed(s), Storage, Workshop
Parcel number: 4074065104346000000
Zoning: R1
Special conditions: Standard
Other equipment: None
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Other,Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Metal

Condition

Updated/Remodeled
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public, See Remarks, Well
Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
Subdivision: Palmer Gateway

HOA

Amenities included: None

Location

Region: Ruidoso

Financial & listing details

Tax assessed value: $89,922
Annual tax amount: $3,096
Date on market: 8/14/2024
Cumulative days on market: 83 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Chip And Seal

Price history

Date	Event	Price
8/30/2024	Sold	--
Source: RLCMLS #131449 Report a problem
8/16/2024	Contingent	$298,000$225/sqft
Source: RLCMLS #131449 Report a problem
8/14/2024	Listed for sale	$298,000+4.6%$225/sqft
Source: RLCMLS #131449 Report a problem
7/16/2021	Sold	--
Source: RLCMLS #126275 Report a problem
4/5/2021	Listing removed	--
Source: RLCMLS Report a problem
4/2/2021	Listed for sale	$285,000$216/sqft
Source: RLCMLS #126275 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$905 -7.6%	$29,974 -10.3%
2024	$979 -3.2%	$33,428 +3%
2023	$1,012 -0.4%	$32,454 +3%
2022	$1,015 +7.1%	$31,509
2021	$948 -0.9%	$31,509
2020	$957 +4.8%	$31,509
2019	$913 +0.6%	$31,509
2018	$907 +0.9%	$31,509 +0%
2017	$900	$31,505 -2.2%
2015	$900 -2.4%	$32,202
2014	$921 +6.4%	$32,202
2013	$866 +5.8%	$32,202 +3%
2012	$818 +5.5%	$31,264 +6.1%
2010	$776	$29,467