For sale

Price cut: $7K (6/29)

$180,000

1509 W Ray Ave, Artesia, NM 88210

4beds

2,061sqft

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Single Family Residence

Built in 1960

5,227 Square Feet Lot

$178,100 Zestimate^®

$87/sqft

$-- HOA

What's special

Desirable floor planLarge lot

Spacious 4-bedroom, 3-bath home in Artesia, NM with over 2,000 sqft of living space. This property offers excellent potential for investors or buyers looking to add value through renovations. With a desirable floor plan, large lot, and strong ARV, it's an ideal opportunity for a fix-and-flip or long-term rental investment.

31 days

678

14

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Features

Has fireplace: No

Interior area

Total structure area: 2,061
Total interior livable area: 2,061 sqft

Property

Lot

Size: 5,227 Square Feet

Details

Parcel number: 4151099432287

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1960

Community & HOA

Community

Subdivision: Murphy Addition

HOA

Has HOA: No

Location

Region: Artesia

Financial & listing details

Price per square foot: $87/sqft
Tax assessed value: $1,800
Annual tax amount: $1,164
Date on market: 6/9/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$178,100

$169,000 - $187,000

$2,843/mo

Price history

Date	Event	Price
6/29/2026	Price change	$180,000-3.7%$87/sqft
Source: New Mexico MLS #20263383 Report a problem
6/18/2026	Price change	$187,000-6.5%$91/sqft
Source: New Mexico MLS #20263383 Report a problem
6/9/2026	Listed for sale	$200,000+25%$97/sqft
Source: New Mexico MLS #20263383 Report a problem
6/23/2021	Sold	--
Source: New Mexico MLS #20211274 Report a problem
3/18/2021	Listed for sale	$160,000$78/sqft
Source: New Mexico MLS #20211274 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13 -4.4%	$600
2024	$14 -1.2%	$600
2023	$14 -8.5%	$600
2022	$15 -3.1%	$600
2021	$16 +20.3%	$600
2020	$13 -15%	$600 +1%
2019	$15	$594

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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