NOT LISTED FOR SALE

1408 Highway 116 Belen, NM 87002

Belen Area

Estimated Value: $355,000 - $386,000

3 Beds
2 Baths
1,901 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2026

Current estimated payment $2,296 / mo

141 Days on Market

Highlights

  • Barn
  • 8.5 Acre Lot
  • Private Yard
  • Stables
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of April 2026

Sprawling 8.7-acre property with declared commercial water rights, perfect for versatile use. The inviting home features wood accents, a kiva fireplace, and Saltillo tile floors. A private back courtyard is perfect for entertaining or relaxing, while an electric entry gate provides easy access and added security to the fully fenced acreage--ideal for livestock, storage, or expansion. Complete with a barn and stalls for your four-legged friends, this property offers a rare blend of comfort, charm, and functionality. Come take a look today.

Last Agent to Sell the Property

Wendy Wallace

Realty One of New Mexico, LLC License #19042 Listed on: 09/26/2025

Realty One of New Mexico, LLC

Last Buyer's Agent

Ezekiel Aguilar

EXP Realty LLC License #REC20221261

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,628

Year Built

  • Built in 2009

Lot Details

  • 8.5 Acre Lot
  • Property fronts a highway
  • North Facing Home
  • Landscaped
  • Private Yard
  • Zoning described as RR-1

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,901 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1 007 026 025 189 000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,628

Year Built

Built in 2009

Lot Details

8.5 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: South on I-25 to Belen, take Exit 190 and turn right onto Highway 116 (old Hwy 85) home is about a 1/2 mile down the road on the right.
  • Year Built: 2009
  • Horses: Yes
  • Lot Size Acres: 8.5
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Kiva
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1901.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Courtyard, Private Yard
  • Roof: Metal, Pitched
  • Fencing: Full
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Other Structures: Barn(s), Stable(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private, Well
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses, Irrigation
  • Land Lease: No
  • Lot Size Sq Ft: 370260.0
  • Parcel #: 1 007 026 025 189 000000
  • Zoning Description: RR-1

Tax Info

  • Tax Annual Amount: 2628.0

3D Interior and Exterior Tours

Floorplan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2025
Closed on
Apr 14, 2026
Sold by
Bought by
Seller's Agent
Wendy Wallace
Realty One of New Mexico, LLC
Buyer's Agent
Ezekiel Aguilar
EXP Realty LLC
List Price
$499,000
Views
903
Current Estimated Value
$373,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$363,298
Outstanding Balance
$362,573
Interest Rate
6%
Mortgage Type
FHA
Estimated Equity
$10,920

Purchase Details

Closed on
Jun 11, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
-- First American Title
-- None Listed On Document
-- None Listed On Document
-- First American Title
-- None Listed On Document
-- None Available
-- None Available
-- Grande Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $363,298
Previous Owner $250,000
Previous Owner $267,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 Sold -- -- --
02/14/2026 02/14/26 Pending -- -- --
11/20/2025 11/20/25 Price Changed $399,000 -6.1% $210 / Sq Ft
10/14/2025 10/14/25 Price Changed $425,000 -14.8% $224 / Sq Ft
09/26/2025 09/26/25 For Sale $499,000 -- $262 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,126 $88,238 $12,506 $75,732
2024 $2,628 $88,591 $12,506 $76,085
2023 $1,730 $57,722 $13,205 $44,517
2022 $1,569 $56,065 $13,201 $42,864
2021 $1,431 $54,456 $13,197 $41,259
2020 $1,402 $52,895 $13,194 $39,701
2019 $1,358 $51,379 $13,194 $38,185
2018 $1,347 $51,379 $13,194 $38,185
2017 $1,305 $50,301 $13,194 $37,107
2016 $1,297 $48,861 $13,194 $35,667
2015 -- $47,462 $13,194 $34,268
2013 -- $44,786 $13,194 $31,592
2011 -- $130,518 $38,502 $92,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1092132

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-007-026-025-189-000000

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