NOT LISTED FOR SALE

321 Iron Gate Rd Tererro, NM 87573

Estimated Value: $163,000

2 Beds
1 Bath
880 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2024

Current estimated payment $889 / mo

168 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Burning Stove
  • No HOA
  • Pecos Elementary School Rated 9+
  • Wood Flooring
  • No Interior Steps

About This Home

As of November 2024

LOCATION, LOCATION, LOCATION, Very rare cabin offering on beautiful, pastoral Aspen treed lot less than a mile below the Iron Gate Campground entry to the Pecos Wilderness. The fee simple lot has much to offer folks who wish to OWN land a mountain retreat in the Grass Mountain area. A family retreat for many years, the cabin has been vacant for quite a while and will need renovation to be habitable. Therefore the property does not qualify for traditional funding. Sold to settle an estate and the heirs are not interested in an owner carry situation. The cabin has much charm with a living room with brick fireplace, kitchen with wood burning cookstove, 2 bedrooms and a small 3/4 bath. For years the family used an adjoining spring as their water source but unfortunately it is no longer active. The cabin has Mora San Miguel Electric Coop electric. Located approximately 1 hour east of Santa Fe.

Last Agent to Sell the Property

James Congdon

Corcoran Plaza Properties License #35566 Listed on: 05/28/2024

Corcoran Plaza Properties

Co-Listed By

John Congdon

Corcoran Plaza Properties License #52512

Corcoran Plaza Properties

Last Buyer's Agent

John Congdon

Corcoran Plaza Properties License #52512

Corcoran Plaza Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1968

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 536' x 100' x 141' x 468' x 106'

Parking

  • 20 Parking Spaces

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Pecos Elementary And Middle School
  • Pecos High School

Utilities

  • No Cooling
  • Water Not Available
  • Electric Water Heater

Additional Features

  • No Interior Steps
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Built by Ramon Apodaca

Listing and Financial Details

  • Assessor Parcel Number R0524300

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

Built in 1968

Lot Details

1.26 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1968
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size: 536' x 100' x 141' x 468' x 106'
  • Co List Office Phone: (505) 982-4466
  • Directions: I-25 exit 299 Glorieta/Pecos. Nm Hwy 50 for 6 miles to Pecos. At 4 way stop in downtown Pecos turn left and proceeds up the Pecos Canyon for 18.1 miles. Turn right at Forest Road 223 aka Iron Gate Road. Set odometer go 3.3 miles on main road climbing up to Turquoise for sale sign. The property is .7 of a mile before the stop sign at the Iron Gate campground
  • Architectural Style: Cabin, One Story
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Water Heater
  • Levels: One
  • Accessibility Features: Not ADA Compliant
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: No Interior Steps
  • Living Area: 880.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Metal, Pitched
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: Ramon Apodaca
  • Construction Type: Block, Frame, Stucco, Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 20.0

Utilities

  • Cooling: None
  • Utilities: Electricity Available, Water Not Available
  • Heating: Fireplace(s), Wood Stove
  • Cooling Y N: No
  • Sewer: Other, See Remarks
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pecos
  • High School: Pecos
  • Middle Or Junior School: Pecos

Lot Info

  • Lot Size Acres: 1.26
  • Land Lease: No
  • Lot Size Sq Ft: 55103.4
  • Parcel #: R0524300
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 425.58
  • Tax Year: 2023
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Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold -- -- --
11/13/2024 11/13/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $140,000 -12.4% $159 / Sq Ft
07/10/2024 07/10/24 Price Changed $159,900 -8.4% $182 / Sq Ft
05/28/2024 05/28/24 For Sale $174,500 -- $198 / Sq Ft
Source: Santa Fe 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 $282 $51,279 $12,650 $38,629
2024 $453 $36,058 $17,545 $18,513
2023 $446 $35,008 $17,034 $17,974
2022 $426 $33,988 $16,538 $17,450
2021 $415 $32,998 $16,056 $16,942
2020 $420 $32,037 $15,589 $16,448
2019 $410 $32,037 $15,589 $16,448
2018 $399 $31,104 $15,135 $15,969
2017 $383 $31,106 $15,589 $15,517
2013 $386 $28,464 $14,265 $14,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202402009

Santa Fe Association of REALTORS®

APN: 524300

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