Seller's Agent in 2023
Gabriel & Maria Leyba
Leyba Real Estate, LLC
(505) 473-0223
71 Total Sales
1522 El Llano Rd Espanola, NM 87532
Estimated Value: $609,814 - $638,000
4
Beds
3
Baths
1,930
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- Horse Facilities
- RV Garage
- Pueblo Architecture
- Horses Allowed On Property
- Wood Flooring
- 3 Fireplaces
About This Home
As of August 2023Are you looking for a property to spread your wings and also have rental income? Now is your chance to own the beautiful Spirit Horse Ranch a spectacular rural property close to Santa Fe and Los Alamos without the same price tag! This is a wonderful compound on over 7.6 acres with a mostly adobe main house (2bed/1bath) and guest house (1bed/1bth) plus a studio. The main house and guesthouse both have all the Northern New Mexico charm including vigas and latillas; brick, hardwood, and saltillo tile floors; thick walls; and kiva fireplaces. Also included are full equestrian facilities, barns, stalls, riding arena and pasture land. This gorgeous property also includes a private well and irrigation rights for all your animals and agricultural needs. This is in a rural setting but is close to schools, shopping, and restaurants. Short commute to Los Alamos and Santa Fe. This awesome property checks all the boxes including rental income to help pay your mortgage!
Last Agent to Sell the Property
Leyba Real Estate, LLC License #15818 Listed on: 03/11/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,595
Lot Details
- 7.6
Parking
- 1 Car Detached Garage
- RV Garage
Home Design
- Pueblo Architecture
- Flat Roof Shape
- Frame Construction
- Stucco
- Adobe
Interior Spaces
- 1,930 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- 3 Fireplaces
- Circular Fireplace
- Wood Burning Fireplace
- Gas Cooktop
Flooring
- Wood
- Brick
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Office or Studio
- Outbuilding
Schools
- Espanola Elementary School
- Carlos F. Vigil Espanola Middle School
- Espanola Valley High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Private Water Source
- Well
- Septic Tank
Additional Features
- 7.6 Acre Lot
- Horses Allowed On Property
Community Details
- Community Spa
- Horse Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2022
Closed on
Aug 11, 2023
Sold by
Babits George F and Babits Rilla J
Bought by
Martinez James A and Martinez Anjela M
Seller's Agent
Gabriel & Maria Leyba
Leyba Real Estate, LLC
Buyer's Agent
Jason Grinage
Santa Fe Realty Unlimited
List Price
$649,000
Views
470
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$535,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez James A | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez James A | $542,400 | |
| Closed | Martinez James A | $535,000 | |
| Previous Owner | Reynolds Robin P | $380,800 | |
| Previous Owner | Reynolds Robin P | $35,000 | |
| Previous Owner | Reynolds Robin P | $391,755 | |
| Previous Owner | Reynolds Robin P | $450,000 | |
| Previous Owner | Reynolds Robin P | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | -- | -- | -- |
| 06/15/2023 06/15/23 | Pending | -- | -- | -- |
| 05/28/2023 05/28/23 | Price Changed | $629,000 | -3.1% | $326 / Sq Ft |
| 05/24/2023 05/24/23 | For Sale | $649,000 | 0.0% | $336 / Sq Ft |
| 04/30/2023 04/30/23 | Pending | -- | -- | -- |
| 03/12/2023 03/12/23 | For Sale | $649,000 | 0.0% | $336 / Sq Ft |
| 03/11/2023 03/11/23 | Off Market | -- | -- | -- |
| 01/11/2023 01/11/23 | Price Changed | $649,000 | -3.9% | $336 / Sq Ft |
| 11/04/2022 11/04/22 | Price Changed | $675,000 | -2.9% | $350 / Sq Ft |
| 10/11/2022 10/11/22 | Price Changed | $695,000 | -0.6% | $360 / Sq Ft |
| 09/02/2022 09/02/22 | Price Changed | $699,000 | -4.9% | $362 / Sq Ft |
| 08/04/2022 08/04/22 | For Sale | $735,000 | 0.0% | $381 / Sq Ft |
| 07/01/2022 07/01/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | Price Changed | $735,000 | +13.3% | $381 / Sq Ft |
| 03/11/2022 03/11/22 | For Sale | $649,000 | +18.0% | $336 / Sq Ft |
| 12/03/2021 12/03/21 | Sold | -- | -- | -- |
| 12/03/2021 12/03/21 | Sold | -- | -- | -- |
| 10/12/2021 10/12/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | Pending | -- | -- | -- |
| 09/03/2021 09/03/21 | Price Changed | $550,000 | 0.0% | $276 / Sq Ft |
| 09/03/2021 09/03/21 | Price Changed | $550,000 | -5.2% | $276 / Sq Ft |
| 08/25/2021 08/25/21 | For Sale | $580,000 | 0.0% | $291 / Sq Ft |
| 08/01/2021 08/01/21 | Off Market | -- | -- | -- |
| 06/02/2021 06/02/21 | Price Changed | $580,000 | 0.0% | $291 / Sq Ft |
| 06/02/2021 06/02/21 | Price Changed | $580,000 | -7.8% | $291 / Sq Ft |
| 05/15/2021 05/15/21 | For Sale | $629,000 | 0.0% | $316 / Sq Ft |
| 02/18/2021 02/18/21 | Price Changed | $629,000 | -1.6% | $316 / Sq Ft |
| 07/28/2020 07/28/20 | For Sale | $639,000 | -- | $321 / Sq Ft |
Source: Santa Fe Association of REALTORS®
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $4,595 | $172,512 | $28,200 | $144,312 |
| 2023 | $4,595 | $115,480 | $25,812 | $89,668 |
| 2022 | $2,917 | $109,894 | $25,091 | $84,803 |
| 2021 | $1,858 | $83,949 | $15,201 | $68,748 |
| 2020 | $1,913 | $85,541 | $15,201 | $70,340 |
| 2019 | $960 | $45,749 | $13,879 | $31,870 |
| 2018 | $836 | $44,427 | $13,485 | $30,942 |
| 2017 | $863 | $44,427 | $13,485 | $30,942 |
| 2016 | $967 | $46,572 | $14,702 | $31,870 |
| 2015 | $918 | $45,226 | $14,284 | $30,942 |
| 2014 | $890 | $45,226 | $14,284 | $30,942 |
| 2011 | -- | $44,427 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
Jason Grinage
Santa Fe Realty Unlimited
(505) 485-8836
23 Total Sales
-
Seller's Agent in 2021
Jesse Vigil
Coldwell Banker Legacy 8200
(505) 292-8900
101 Total Sales
Map
Source: Santa Fe Association of REALTORS®
MLS Number: 202200739
APN: 1-048-121-260448
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The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
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