$450,000
SOLD JUL 25, 2025
Last list price

45 Algodones Rd Peralta, NM 87042

Bosque Farms & Peralta Neighborhood
2 Beds
2 Baths
2,106 Sq Ft
6.93 Acres

Recently Sold

$214 Per Sq Ft

116 Days on Market

Highlights

  • Corral
  • 6.93 Acre Lot
  • Wooded Lot
  • Peralta Elementary School Rated A-
  • Wood Burning Stove
  • 2 Fireplaces

About This Home

As of July 2025

Blast from the past! Older adobe home on 6.93 acres in Peralta. Very interesting property. Home is in need of lots of TLC, updating etc. but has potential. The land is simply beautiful and in a fairly secluded area not far from the river. The owner farmed the land in alfalfa before recently passing. There are corrals, old adobe stalls, pole barn, etc. There is an acequia running behind the home but does not benefit the property. The land is irrigated from the Otero Lateral on the west end of the acreage.

Last Agent to Sell the Property

Vincent Milavec

Milavec Realty, Inc License #8696 Listed on: 02/20/2025

Co-Listed By

MICHAEL SUMMERLIN

Milavec Realty, Inc License #26893

Last Buyer's Agent

Leroy Chavez

Realty One of New Mexico License #47469

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1960

Lot Details

  • 6.93 Acre Lot
  • Property fronts an easement
  • East Facing Home
  • Wooded Lot
  • Private Yard
  • Zoning described as RR

Parking

  • 1 Car Detached Garage

Home Design

  • Flat Roof Shape
  • Adobe

Interior Spaces

  • 2,106 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Bay Window
  • Sliding Windows
  • Multiple Living Areas
  • Propane Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Patio
  • Corral

Listing and Financial Details

  • Assessor Parcel Number 1 011 039 168 151 000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,557

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Hwy 47 South thru Bosque Farms and Peralta to Algodones (speedway gas station). West on Algodones to property. Sign present
  • Year Built: 1960
  • Lot Size Acres: 6.93
  • Road Frontage Type: Easement
  • Co List Office Mls Id: CBMR01
  • Co List Office Phone: (505) 869-2313
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: We are not sure how old the home is. The former owner is deceased. It is an older adobe. 1960 is based on the stamp on the toilet lid in the main bath that appears to be original.
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Brick, Concrete, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Ceiling Fan(s), Multiple Living Areas, Main Level Primary, Skylights
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Custom, Wood Burning, Wood BurningStove
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2106.0
  • Window Features: Bay Window(s), Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Flat
  • Lot Features: Trees
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Adobe
  • Direction Faces: East
  • Other Structures: Corral(s)
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Propane, Wood Stove
  • Utilities: Electricity Connected
  • Water Source: Private, Well
  • Laundry Features: Propane Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Green Features

  • Green Power: None

Lot Info

  • Current Use: Irrigation
  • Land Lease: No
  • Lot Size Sq Ft: 301870.8
  • Parcel #: 1 011 039 168 151 000000
  • Zoning Description: RR

Tax Info

  • Tax Annual Amount: 1557.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Jul 23, 2025
Sold by
Jones Living Trust and Jones Matthew Lee
Bought by
Rael Christopher
Seller's Agent
Vincent Milavec
Milavec Realty, Inc
Buyer's Agent
Leroy Chavez
Realty One of New Mexico
List Price
$625,000
Views
66
Current Estimated Value
$417,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Heritage Title & Closing Servi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold -- -- --
06/16/2025 06/16/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $450,000 -18.2% $214 / Sq Ft
05/28/2025 05/28/25 Price Changed $550,000 -4.3% $261 / Sq Ft
04/29/2025 04/29/25 Price Changed $575,000 -4.0% $273 / Sq Ft
04/10/2025 04/10/25 Price Changed $599,000 -4.2% $284 / Sq Ft
02/20/2025 02/20/25 For Sale $625,000 -- $297 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $1,876 $48,739 $12,029 $36,710
2024 $1,557 $47,346 $11,752 $35,594
2023 $1,557 $46,912 $11,750 $35,162
2022 $1,460 $45,572 $11,743 $33,829
2021 $1,423 $44,272 $11,737 $32,535
2020 $1,399 $43,009 $11,730 $31,279
2019 $1,394 $43,009 $11,730 $31,279
2018 $1,382 $43,009 $11,730 $31,279
2017 $1,356 $42,895 $11,730 $31,165
2016 $1,344 $41,673 $11,730 $29,943
2015 -- $40,486 $11,730 $28,756
2013 -- $38,215 $11,730 $26,485
2011 -- $111,387 $34,245 $77,142
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2025

    Vincent Milavec

    Milavec Realty, Inc

    (505) 480-7162

    6 in this area

    12 Total Sales

    Vincent Milavec
    Section Image

  • M

    Seller Co-Listing Agent in 2025

    MICHAEL SUMMERLIN

    Milavec Realty, Inc

    9 in this area

    23 Total Sales

    MICHAEL SUMMERLIN
    Section Image

  • L

    Buyer's Agent in 2025

    Leroy Chavez

    Realty One of New Mexico

    (505) 280-2031

    3 in this area

    11 Total Sales

    Leroy Chavez
    Section Image
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Map

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

MLS Number: 1078657

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-039-168-151-000000

New Mexico Valencia County Peralta 87042 Bosque Farms & Peralta

45 Algodones Rd, Peralta, NM

Sold

Detached

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