Skip main navigation
Off market
  • $175,600

    120 Lower Terrace Dr, Ruidoso, NM 88345

    2beds
    1,080sqft
    Condo
    Built in 1979
    -- sqft lot
    $175,600 Zestimate®
    $163/sqft
    $1,576 Estimated rent

    Home value

    $175,600

    $156,000 - $195,000

    $1,576/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $1,576/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,576/mo

    Rent Zestimate®

    Refinance and save

    $852/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $852/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    This Lower level unit has newer flooring in the main living areas. Being sold with appliances only: refrigerator, range, dishwasher, stacked washer/dryer. Enjoy the mountains on the uncovered back deck under the cool Ruidoso Pine trees or a cup of good cheer in front of the wood burning fireplace. Both bedrooms are a nice size and will accommodate a king size beds nicely and has two generous closets. For the location, level entry, single level condo, this is a nicely priced unit. HOA fees of $200 a month (paid $600 Quarterly) covers water/sewer/trash/snow removal/exterior maintenance & landscape. Nightly/Long Term rentals are allowed. Additional Cost for Exterior Insurance. See HOA documents.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Appliances Only, Electric Dryer Hookup, Breakfast Bar, Pantry, Ceiling Fan(s), Open Floorplan, Master Downstairs, Recessed Lighting
    Interior area
    • Total interior livable area: 1,080 sqft

    Property

    Features
    • Levels: One
    • Patio & porch: Covered, Deck, Rear Porch
    Lot
    • Size: 1,079 sqft
    • Features: Interior Lot, Level, Near Golf Course
    Details
    • Parcel number: 4071064495487CM0001
    • Zoning: R3

    Construction

    Type & style
    • Home type: Condo
    Condition
    • See Remarks
    • Year built: 1979

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Cable Available, Natural Gas Connected, Phone Available, Sewer Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Ruidoso

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $31 monthly

    Other

    Other facts
    • Heating: Forced Air, Natural Gas, Central
    • Utilities: Electricity Connected, Water Connected, Cable Available, Natural Gas Connected, Phone Available, Sewer Available
    • Interior Features: Appliances Only, Electric Dryer Hookup, Breakfast Bar, Pantry, Ceiling Fan(s), Open Floorplan, Master Downstairs, Recessed Lighting
    • Appliances: Dishwasher, Electric Range, Refrigerator, Disposal, Washer/Dryer Stacked, Exhaust Fan
    • Cooling: Ceiling Fan(s), Multi Units
    • Patio and Porch Features: Covered, Deck, Rear Porch
    • Road Frontage: City/Public Street
    • # of Fireplaces: 1
    • Property Type: A
    • Furnished Type: Partially
    • Source SqFt: Assessor
    • Style: Contemporary
    • Levels: One
    • Car Strg/Prkg: On Site, Parking Lot, Paved, Common
    • Flooring: Carpet, Tile, Laminate
    • Rooms: Master Bedroom 1st Floor, Great Room
    • Area: Ruidoso
    • Lot Features: Interior Lot, Level, Near Golf Course
    • View: Trees/Woods
    • Security Features: Smoke Detector(s)
    • Accessibility: Stairs Up
    • Property Condition: See Remarks
    • Road Surface: Paved
    • Fee Includes: Maintenance Grounds, Snow Removal, Sewer, Trash, Water
    • Zoning: R3
    • Waste System: Public Sewer
    • Water Source: Public
    • Fireplace: Wood Burning
    • Lot Size Range: None - Townhouse or Condo
    • Exterior Feats: Rain Gutters, Lighting
    • Legal Description: UNIT 16, FAIRWAY MEADOWS CONDOMINIUMS

    Price history

    DateEventPrice
    11/23/2020Listing removed$139,500$129/sqft
    Source: Century 21 Aspen Real Estate #125720
    11/23/2020Price change$139,500-12.3%$129/sqft
    Source: Century 21 Aspen Real Estate #125720
    11/21/2020Price change$159,000+14%$147/sqft
    Source: Southern New Mexico Realty #125720
    11/19/2020Price change$139,500-12.3%$129/sqft
    Source: Century 21 Aspen Real Estate #125720
    11/15/2020Price change$159,000-11.2%$147/sqft
    Source: Southern New Mexico Realty #125720

    Public tax history

    YearProperty taxesTax assessment
    2024$928 +4.5%$30,870 +3%
    2023$888 +0.9%$29,971 +3%
    2022$880 +3.5%$29,098 +3%

    Find assessor info on the county website

    Neighborhood: 88345

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.