NOT LISTED FOR SALE

1325 Merchant Rd Taos, NM 87571

-- Bed
-- Bath
-- Sq Ft
2 Acres

Last Sold June 30, 2021

1,102 Days on Market

About This Home

As of June 2021

Great investment with potential for income enhancement, (specifically by having tenants pay their own utilities) in this very tight residential rental market. You can achieve close to 8% CAP rate. The age of the building is unknown. (see pics)

Last Agent to Sell the Property

Pavel Lukes

Dreamcatcher Real Estate Listed on: 01/22/2018

Last Buyer's Agent

Pavel Lukes

Dreamcatcher Real Estate Listed on: 01/22/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2

Interior Spaces

  • 1-Story Property
  • Gas Range

Laundry

  • Dryer
  • Washer

Schools

  • Taos Elementary School

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Style: Pueblo Style
  • Flood Area: UNK
  • Geo Subdivision: NM
  • Legal Description: .Per Title
  • Mineral Rights YN: No
  • Remodeled: Yes
  • Subject To F I R P T A: No
  • Tour Zone: Town of Taos
  • Current Tax Amount: 3503
  • Middle School High School: Taos Jr High
  • I N G E G: Public, Insurable
  • Interior Amenities: Part. Window Coverings
  • Laundry Comm Individ No: Indidvidual
  • Sub Floor: Mixed
  • Restrictions: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer, Dryer, Gas Range, Dish Washer, Refrigerator
  • Fireplace: Six+
  • Floors: Other
  • Stories: One Story
  • Windows: Thermopane

Exterior Features

  • Roof Material: Brai Type
  • Roof Type: Flat
  • Fencing: Other
  • Construction: Railroad Tie
  • Driveway: Gravel
  • Exterior Finish: Stucco
  • Porch Patio: Portal

Garage/Parking

  • Garage/Carport Capacity: 2
  • Garage Type: Attached Garage

Utilities

  • Insurance: 1773
  • Electric: Yes
  • Gas: Natural
  • Sewer: Town
  • Water: Well
  • Separate Meter Yn: Yes

Schools

  • Elementary School: Taos Elementary
  • High School: Taos Jr High

Lot Info

  • Geo Update Timestamp: 2018-01-25
  • Geo Address Line: 1325 Merchant Rd
  • Geo Longitude: -105.589709279724
  • Geo Primary City: Taos
  • Geo Quality: 0.95
  • Geo Secondary City: Taos
  • Geo Zoom Level: 16
  • Number Of Acres: 2
  • Surface Water: None
  • Water Rights: No

Rental Info

  • Lease Option: No

Multi Family

  • Number Of Units: 4
  • Tenancy: Mixed

MLS Schools

  • Elementary School: Taos Elementary

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold -- -- --
01/28/2021 01/28/21 Pending -- -- --
01/22/2018 01/22/18 For Sale $749,700 -- --
Source: Enchanted Circle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Enchanted Circle Association of REALTORS®

MLS Number: 101049

Enchanted Circle Association of REALTORS®