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214 S Cobern Ave, Tatum, NM, 88267

3beds
2baths
1,977sqft
$275,000
$139price/sqft
$2,103/moest. monthly cost
$84,120/yrincome needed

About This Home

Come see this big, beautiful, recently remodeled brick home. It offers recent updates and small town living in a reputable school district. This home is spacious and open where you want it. Has three bedrooms with walk-in closets,, large bathroom with a walk-in shower. Large windows, nice countertops, new flooring, recent paint and a metal roof. Home is all electric and inclusive of most appliances (fridge, free standing range, washer, dryer, and TVs). The Large covered patio is perfect for entertaining. Two car garage has a built-in storage room, complete with a foldable drafting table and monitor for work or projects, inclusive of TV and video equipment in the garage. This home is one you wont want to miss out on. Blink cameras are disabled and do not convey with the sale. Shipping container does not convey.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
Tatum Elementary SchoolGrades PK-60.3 mi
7/10
Tatum Jr High SchoolGrades 7-80.4 mi
2/10
Tatum High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Metal
  • Construction materials: Brick,Unknown

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bathroom

  • Features: Double Sinks

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Flooring: Carpet,Laminate
  • Finished area above ground: 1,977

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,977
  • Total interior livable area: 1,977 sqft

Property

Details

  • Parcel number: 4000614880001
  • Exclusions: Microwave

Features

  • Patio & porch: Patio Covered
  • Exterior features: Sidewalk,Storage Shed
  • Fencing: Back Yard,Fence
  • Topography of land: Back Yard, Fence

Lot

  • Lot size: 0.29 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Wildfire
    WildfireVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Wildfire
Cold Wave
Drought
Inland Flooding
Lightning
Strong Wind
Winter Weather
Heat Wave
Ice Storm

FEMA Declared Disasters in Lea County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$446$5,352
Property Taxes $119$1,428
Electricity $148$1,780
Total$2,103$25,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,102/yr
40% on housing$63,090/yr
45% on housing$56,080/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.5%
3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 88267$71
Lea County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 88267$98
Lea County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-14Listed for sale$275,000
2014-07-16Sold--

For Sale by Agent

AgentWayne Cole
BrokerageMotion Realty, LLC

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