NOT LISTED FOR SALE

1940 State Rd 68 Embudo, NM 87531

Estimated Value: $505,000 - $613,392

2 Beds
2 Baths
2,000 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 10, 2024

Current estimated payment $3,258/month

735 Days on Market

Highlights

  • Waterfront
  • Living Room with Fireplace
  • Pueblo Architecture
  • Property Near a Canyon
  • Wood Flooring
  • Lawn

About This Home

As of September 2024

Seeped in fascinating history, this secluded & magical property with 500' Rio Grande frontage, was once a commune that hosted guests such as Bob Dylan & Yogi Bajan. The members lived across the river but shared meals and birthed the babies, in the now restored log cabin. The cabin remains as authentic as possible but now offers the comforts of utilities and plumbing. The current main residence was built in 1998. It is designed to have river views from all rooms with a lovely screened sleeping porch riverside. The back portal has unobstructed views of the river and you can canoe or raft to the property and enter via a provate beach at the back or flagstone stairs at the front. The home is lovely & intimate & perfect, just as it is, but there are completed plans by architect Greg Allegretti for a future expansion of two bedrooms, bath and an outdoor deck with fireplace. There are also plans to enlarge the current office into a casita. The property is known for its lovely weddings and the cabin is used as a VRBO rental. The area outside the front gate can accommodate parking for 100 guests or more. This property is blessed with water from the ancient acequia and it is the last on the ditch before it empties into the Rio Grande River. Magical...Unique...Historic...Secluded.....Artisan.....Opportunity

Last Agent to Sell the Property

Pavel Lukes

Dreamcatcher Real Estate Listed on: 07/11/2022

Last Buyer's Agent

RACHAEL BACA

Logic Real Estate de Taos License #44829

Home Details

Home Type

  • Single Family

Lot Details

  • 2.58 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Creek or Stream
  • Property Near a Canyon
  • Level Lot
  • Irregular Lot
  • Landscaped with Trees
  • Lawn
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • 4 Fireplaces

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Space Heater
  • Radiant Heating System
  • Hot Water Heating System
  • Propane
  • Well
  • Gas Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Heating system powered by passive solar
  • Covered Patio or Porch

Home Details

Home Type

Single Family

Lot Details

2.58 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • LotFeatures: Drip Irrigation/Bubblers, Garden, Irregular Lot, Lawn, Level, Trees, Waterfront
  • Road Frontage Type: Private Road, Public Road
  • Subdivision Name: Other
  • Architectural Style: Pueblo
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Features: Beamed Ceilings, Smoke Free
  • Unit Levels: Two
  • LivingArea: 2000.0
  • Other Structures: Studio/Office
  • WindowFeatures: Insulated Windows, Window Coverings
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Stories: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Insert, Living Room, Multiple
  • Fireplaces: 4

Exterior Features

  • Exterior Features: Gravel Driveway
  • Roof: Composition, Flat, Pitched
  • Fencing: Other
  • Acres: 2.58
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch

Utilities

  • Utilities: Electricity Connected, Propane, Phone Available
  • Sewer: Septic Tank
  • Heating: Fireplace(s), Hot Water, Radiant, Space Heater, Passive Solar
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Topography: CanyonValley
  • ResoLotSizeUnits: Acres
  • Zoning Description: County
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 9, 2024
Sold by
Heinley Donna G
Bought by
Shepard Joseph D and Plame Valerie
Seller's Agent
Pavel Lukes
Dreamcatcher Real Estate
Buyer's Agent
RACHAEL BACA
Logic Real Estate de Taos
List Price
$1,490,000
Views
437
Current Estimated Value
$553,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.54%
Original Mortgage
$766,550
Outstanding Balance
$725,825
Interest Rate
6.07%
Mortgage Type
New Conventional
Estimated Equity
-$172,361
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Shepard Joseph D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepard Joseph D $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold -- -- --
07/15/2024 07/15/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $999,000 -16.1% $500 / Sq Ft
06/14/2024 06/14/24 Price Changed $1,190,000 -14.4% $595 / Sq Ft
06/02/2024 06/02/24 Price Changed $1,390,000 +7.8% $695 / Sq Ft
05/30/2024 05/30/24 Price Changed $1,290,000 -7.2% $645 / Sq Ft
03/12/2024 03/12/24 Price Changed $1,390,000 -6.7% $695 / Sq Ft
11/18/2023 11/18/23 For Sale $1,490,000 0.0% $745 / Sq Ft
11/06/2023 11/06/23 Off Market -- -- --
11/03/2023 11/03/23 For Sale $1,490,000 0.0% $745 / Sq Ft
11/03/2023 11/03/23 Price Changed $1,490,000 -6.3% $745 / Sq Ft
09/28/2023 09/28/23 Off Market -- -- --
09/05/2022 09/05/22 Price Changed $1,590,000 -3.6% $795 / Sq Ft
07/11/2022 07/11/22 For Sale $1,650,000 -- $825 / Sq Ft
Source: Enchanted Circle Association of REALTORS®

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
2025 $4,903 $182,472 $30,010 $152,462
2024 $4,903 $68,979 $27,211 $41,768
2023 $1,765 $67,880 $27,345 $40,535
2022 $1,622 $65,903 $26,549 $39,354
2021 $1,413 $63,983 $25,775 $38,208
2020 $1,367 $62,120 $25,025 $37,095
2019 $1,317 $60,310 $24,296 $36,014
2018 $1,186 $60,323 $23,885 $36,438
2017 $1,805 $90,444 $23,885 $66,559
2016 $1,895 $88,619 $24,296 $64,323
2015 $1,673 $86,038 $27,102 $58,936
2014 $1,580 $83,931 $27,102 $56,829
2011 -- $77,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Enchanted Circle Association of REALTORS®

MLS Number: 109024

Enchanted Circle Association of REALTORS®

APN: 1-054-135-389277

Your Personal Tour Guide

Ask me questions while you tour the home.