$475,000 Price Analysis   ♡   Espanola, NM 87532 Unknown bed None bath 3,218 SqFt ($147/SqFt) 0.26 acre lot. Built 1950 Listed 2024-06-17, Taxes $1,015 | ✓ USDA Eligible near Espanola, NM Restrictions may apply due to home size |
This property has so much potential as either a family property or an investment property!
There are 3 addresses associated with the lot. One of the homes is fully furnished and has been successfully operating as an Airbnb since Dec. 2022 with a 70-80% occupancy rate at a median nightly rate of $110. This residence is about 1266 sq ft and is 2 bed 1 bath. See the video tour for this home. This one is selling fully furnished and equipped. The other home is about 1696 sq ft. This one still has a few updates left to finish and will need new stucco.
It has new kitchen cabinets and counters, new flooring, new paint, new mini split system, new stove, new dishwasher. There is a large attic space that can be accessed from exterior stairs. One area of this has been finished with drywall and flooring. The third address is a heated studio room about 256 sq ft. It has potential to be turned into another residence or could be used for heated storage, work out room, musc room, etc. A few more pluses to this property are g ood well water, fast internet and extra storage!
Presented by Rachel F Mcmath at
Keller Williams.
Property MLS #202402235 from SantaFe
Heating Features: Ductless
Lot Size Source: PublicRecords
Lot Size Square Feet: 11326
High School: Espanola Valley High
Middle School: Carlos F. Vigil Espanola Middle School
Map directions Map directions Map directionsCounty: Rio Arriba
Source Property Type: ResidentialIncome
MLS Area Minor: 32-Fairview
Source Neighborhood: Womelsduff
Parcel Number: 1-048-121-060216
Postal Code Plus 4: 3240
Subdivision: Womelsduff
Zoning: R-1, 2, 3, 4, 5, 6
Zoning Description: R-6
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $25,850 + $13,131 $38,981 | $1,015 |
| 2021 | $25,097 + $12,749 $37,846 | $896 |
| 2020 | $24,366 + $12,377 $36,743 | $879 |
| 2018 | $23,521 + $11,667 $35,188 | $735 |
| 2017 | $22,990 + $12,159 $35,149 | $749 |
| 2016 | $22,092 + $13,233 $35,325 | $794 |
| 2015 | $21,448 + $12,847 $34,295 | $674 |
| 2014 | $20,824 + $12,473 $33,297 | $634 |
| 2013 | $19,989 + $12,339 $32,328 | $646 |
| 2011 | $54,939 + $36,477 $91,416 | $509 |
| 2010 | $54,939 + $36,477 $91,416 | $506 |
| 2009 | $54,939 + $36,477 $91,416 | $492 |
| 2005 | $48,849 + $32,433 $81,282 | $502 |
| 2005 | $51,780 + $34,380 $86,160 | $502 |
$475,000
SantaFe
Listed 2024-06-17
$485,000
SantaFe
Price Changed 2024-05-18
$485,000
SantaFe
Price Changed 2024-04-23
$522,500
SantaFe
Price Changed 2024-03-16
$535,000
SantaFe
Listed 2023-12-02
$550,000
SantaFe
Sold 2023-05-03
$0
Public Record
Year Built: 1950
Building Area Source: PublicRecords
Building Area Total: 3218
Building Area Units: SquareFeet
Property Age: 74
Roof: BuiltUp, Pitched
Year Built Source: PublicRecords
Architectural Style: OneStory
SeparateMeters
ElectricityAvailable
Water Source: Private, Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.