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$159,900   Price Analysis
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321 Iron Gate Rd
Tererro, NM 87573
2 bed 1 bath 880 SqFt ($181/SqFt)
1.26 acre lot. Built 1968
Listed 2024-05-28
USDA Eligible
near Tererro, NM
 

LOCATION

LOCATION, LOCATION, Very rare cabin offering on beautiful, pastoral Aspen treed lot less than a mile below the Iron Gate Campground entry to the Pecos Wilderness. The fee simple lot has much to offer folks who wish to OWN land a mountain retreat in the Grass Mountain area. A family retreat for many years, the cabin has been vacant for quite a while and will need renovation to be habitable.

Therefore the property does not qualify for traditional funding. Sold to settle an estate and the heirs are not intrested in an owner carry situation. The cabin has much charm with a living room wit h brick fireplace, kitchen with wood burning cookstove, 2 bedrooms and a small 3/4 bath. For years the family used an adjoining spring as their water source but unfortunately it is no longer active. The cabin has Mora San Miguel Electric Coop electric. Located approximately 1 hour east of Santa Fe.


Presented by James Congdon at
Santa Fe Properties.
Listing Agent Photo

Property MLS #202402009 from SantaFe

Bedrooms: 2

Total Bathrooms: 1
3/4 Bathrooms: 1

NoInteriorSteps
Flooring: Carpet, Vinyl, Wood

ElectricWaterHeater
Refrigerator
WaterHeater

Fireplace Features: WoodBurning, WoodBurningStove
Heating Features: Fireplaces, WoodStove
Number of Fireplaces: 1

Basement Description: CrawlSpace

Lot Size Acres: 1.265
Lot Size Dimensions: 536' x 100' x 141' x 468' x 106'
Lot Size Source: Survey
Lot Size Square Feet: 55103

Parking Total: 20

Elementary School: Pecos
High School: Pecos
Middle School: Pecos

Pecos High School is a public high school located approximately 17.4 miles away.
directions icon Map directions

Pecos Middle School is a public middle school located approximately 17.4 miles away.
directions icon Map directions

Pecos Elementary School is a public elementary school located approximately 17.4 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 425.58
Source Listing Status: Active
County: San Miguel
Directions: I-25 exit 299 Glorieta/Pecos. Nm Hwy 50 for 6 miles to Pecos. At 4 way stop in downtown Pecos turn left and proceeds up the Pecos Canyon for 18.1 miles. Turn right at Forest Road 223 aka Iron Gate Road. Set odometer go 3.3 miles on main road climbing up to Turquoise for sale sign. The property is .7 of a mile before the stop sign at the Iron Gate campground
Tax Year: 2023
Source Property Type: Residential
MLS Area Minor: 9-Pecos, Rowe
Parcel Number: R0524300
Property Subtype: SingleFamilyResidence
Source System Name: C2C

Price Changed 2024-07-10
$159,900
SantaFe
Listed 2024-05-28
$174,500
SantaFe

Total Square Feet Living: 880
Year Built: 1968
Builder Name: Ramon Apodaca
Building Area Total: 880
Construction Materials: Block, Frame, Stucco, WoodSiding
Foundation Details: Basement
Levels: One
Living Area Source: Appraiser
Living Area Units: SquareFeet
Property Age: 56
Roof: Metal, Pitched
Year Built Source: Owner
Architectural Style: Cabin, OneStory

Accessibility Features: NotADACompliant

ElectricityAvailable
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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.