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$5,897.00

1.10 acres | Residential Zoning

Situated on Orno Road which is a dirt road sits this pair of Deming lots that totals 1.10-acres in size. Being over 1 acre will allow the installation of a septic tank for the area and power and water should be able to be tied into in the area. The lots are zoned for Residential uses and a single-family home is allowed per Luna County regulations. The pair of properties sits just outside of the city limits of Deming but with easy access to Interstate 70 or Highway 418 to get into the city with ease. The city will provide you with all the city amenities you may need such as grocery, gas and entertainment. The area continues to grow in area housing and with prices at the floor right now, what better time to buy then now?

Land Specifics

Property Number 11280
Size 1.10 acres
Dimensions 245' x 197.62'
Road Access Dirt Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code R (Residential)
Zoning Definition

R (Residential):
Single family dwelling allowed, though must be at least 0.50 acres for any septic/well to be installed. A special permit is required from the State of New Mexico in order to place these items. Each property must be approved prior to any building.

On Property Usage/Potential
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Location

County Luna
State New Mexico
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Additional Information

Assessor Parcel Number (APN) 3056140217137 AND 3056140229137
Estimated Annual Taxes $28.26
Legal Description

Lots Numbered Seven (7) and Eight (8) in Block Four (4) of Deming Ranchettes Unite Fifty-Three (53), Luna County New Mexico, according to the plat thereof on file in the Office of the Luna County Clerk, Deming, New Mexico, subject to reservations, restrictions and easements of record in Luna County, New Mexico.

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Finance Terms

Purchase Price $5,897.00
Interest Rate 9.7%
Loan Term 4 years
Total Monthly Payment $157.29

Due Today

Down Payment $149.00
Document Fee $149.00
Transfer Tax $0.00
Total Due Today: $298.00

Pay in Full Terms

Purchase Price $5,897.00
Your Pay in Full Discount -$1,179.40
Your Price Today = $4,717.60
Document Fee + $149.00
Transfer Tax + $0.00
Total Due Today $4,866.60
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