Sold

Price Unknown

135 Lower Terrace Dr, Ruidoso, NM 88345

3beds

1,452sqft

Single Family Residence

Built in 1961

0.33 Acres Lot

$329,300 Zestimate^®

$--/sqft

$1,909 Estimated rent

Home value

$329,300

Estimated sales range

Not available

$1,909/mo

Zestimate^® history

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What's special

Large ponderosa pine treesMetal powder-coated roofNew guttersHigh-grade vinyl flooringFully fenced backyardBathroom ventWater heater

Discover mid-century modern charm in this fully furnished, single level, 3-bed, 1.5-bath home on coveted Lower Terrace Dr. in Ruidoso, NM. Situated on a terraced level grass lot, with large Ponderosa Pine Trees, this gem offers central heat/A/C, metal powder-coated roof, new gutters (Sept 2024), and major upgrades in 2023 including high-grade vinyl flooring, toilets, sinks, bathroom vent, water heater, and fresh paint throughout. Enjoy the fully fenced backyard and new storage shed purchased in Nov 2024 with an unbeatable location, PRICED TO SELL--just a 45-second drive to Midtown. NO HOA OR DUES and right next to Cree Meadows! Ideal as a nightly rental or full-time home, this move-in ready retreat blends style, comfort, and convenience in one of Ruidoso's best neighborhoods! Owner Broker

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Central, Fireplace(s)

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer

Features

Ceiling Fan(s), See Remarks, Storage
Flooring: Carpet, Laminate, Tile
Number of fireplaces: 1
Fireplace features: Gas
Furnished: Yes

Interior area

Total interior livable area: 1,452 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Carport
Carport spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Patio, Terrace
Exterior features: Rain Gutters
Fencing: Back Yard
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.33 Acres
Features: Near Golf Course, Level, Wooded

Details

Additional structures: Shed(s)
Parcel number: 4072064018404000000
Zoning: R1
Other equipment: None
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Mountain,See Remarks
Property subtype: Single Family Residence

Materials

Block, Wood Siding
Roof: Metal,See Remarks

Condition

Updated/Remodeled
Year built: 1961

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Hamilton Terace

Location

Region: Ruidoso

Financial & listing details

Tax assessed value: $316,344
Annual tax amount: $3,598
Date on market: 5/21/2025
Cumulative days on market: 23 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
7/3/2025	Sold	--
Source: RLCMLS #132596 Report a problem
6/4/2025	Price change	$349,000-2.8%$240/sqft
Source: RLCMLS #132596 Report a problem
5/21/2025	Listed for sale	$359,000+89.4%$247/sqft
Source: RLCMLS #132596 Report a problem
5/4/2022	Sold	--
Source: RLCMLS #17620001_128061 Report a problem
9/3/2020	Sold	--
Source: RLCMLS #124671 Report a problem
8/20/2020	Listed for sale	$189,500$131/sqft
Source: Southern New Mexico Realty #124671 Report a problem
7/10/2020	Listing removed	$189,500$131/sqft
Source: Southern New Mexico Realty #124671 Report a problem
7/7/2020	Price change	$189,500-5%$131/sqft
Source: Southern New Mexico Realty #124671 Report a problem
4/10/2020	Listed for sale	$199,500$137/sqft
Source: Southern New Mexico Realty #124671 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,184 +0.4%	$105,448
2024	$3,170 +1.5%	$105,448
2023	$3,123 +67.1%	$105,448 +81.8%
2022	$1,869 +7.1%	$58,015
2021	$1,745 +41.1%	$58,015
2020	$1,237 +6.9%	$58,015 +45.2%
2019	$1,158 +3.6%	$39,949 +3%
2018	$1,117 +3.9%	$38,785 +3%
2017	$1,075	$37,652 +3%
2015	$1,075 +2.8%	$36,559
2014	$1,046	$36,559