20 New Mexico 518 Las Vegas, NM 87701
Estimated payment $2,812/month
Highlights
- 24.75 Acre Lot
- No HOA
- 1-Story Property
- Contemporary Architecture
- No Interior Steps
- Heating System Uses Natural Gas
About This Home
SEVENTH STREET COMMERIAL AREA must be rezoned for Commercial, agriculture at present. PARCEL A -SITUATED ON HIGHWAY 518 ON THE NORTH SIDE OF LAS VEGAS, NM. EASY ACCESS TO ALL THROUGHFAIRS THROUGH LAS VEGAS. INCLUDED IN THIS LISTNG: FIVE ACRES, 16.60 ACRE FEET OF AJUDICATED WATERRIGHTS OFF THE GALLINAS RIVER AND A MODEST 2B2B HOME. EASY ACCESS TO SHOPPING,MEDICAL,FINANCIALAND RECREATIONAL. THERE IS ALSO ANOTHER LISTING PARCEL B- WITH 19.75 ACRES FOR FUTURE DEVELOPMENT. PROSPERO COUNTY RD FOR ACCESS TO PARCEL B-ACREAGE, LISTED AT $395,000.. PLEASECONTACT ME FOR FURTHER INFORMAION. PRE QULIFICATION LETTER REQUESTED PRIOR TO SHOWING.. WATER RIGHTS GO WITH THE PURCHASE OF BOTH PARCELS. PLEASE CONTACT ME FOR FURTHER INFORMAION. PRE QULIFICATION LETTER REQUESTED PRIOR TO SHOWING.
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,117
Home Design
- Fractional Ownership
- Contemporary Architecture
- Pitched Roof
Interior Spaces
- 1,501 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Las Vegas Elementary And Middle School
- Las Vegas High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Septic Tank
Additional Features
- No Interior Steps
- 24.75 Acre Lot
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,117 | $46,594 | $11,024 | $35,570 |
| 2024 | $1,117 | $48,578 | $14,044 | $34,534 |
| 2023 | $1,092 | $47,261 | $13,733 | $33,528 |
| 2022 | $1,050 | $45,982 | $13,430 | $32,552 |
| 2021 | $1,017 | $44,740 | $13,136 | $31,604 |
| 2020 | $1,013 | $43,534 | $12,851 | $30,683 |
| 2019 | $985 | $43,534 | $12,851 | $30,683 |
| 2018 | $1,035 | $45,981 | $13,430 | $32,551 |
| 2017 | $974 | $44,740 | $13,136 | $31,604 |
| 2013 | $932 | $41,224 | $12,304 | $28,920 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $500,000 | 0.0% | $333 / Sq Ft |
| 07/11/2024 07/11/24 | Off Market | -- | -- | -- |
| 06/10/2024 06/10/24 | For Sale | $500,000 | -- | $333 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- |
Source: Santa Fe Association of REALTORS®
MLS Number: 202402310
APN: 451840
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