NOT LISTED FOR SALE

478 Jarales Rd Belen, NM 87002

Jarales, Bosque Neighborhood

Estimated Value: $609,000 - $1,264,643

-- Bed
1 Bath
2,460 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 23, 2022

Current estimated payment $5,695/month

162 Days on Market

Highlights

  • Barn
  • Fenced
  • Farm
  • 27 Acre Lot
  • Level Lot

About This Home

As of May 2022

This 27+ acres fully irrigated with concrete ditches, some acreage has pre 1907 water rights. Two wells, newer septic system and a 100 X 70 extra large enclosed garage with loft & two double high doors for loading & unloading. Also includes Commercial Web Truck Scale. Fenced, large open, covered hay storage barn and large covered equipment barn The property also has a beautiful 3 bed 1 bath Adobe Home with vigas, T&G ceilings, newer roof, Huge Bonus Rooms and two living areas. The property currently grows alfalfa but is suitable for corn, cotton, green chili or ''Other'' crops. There are several additional rooms with two ADA bathrooms that could be used as a bunk house, studios or an apartment. This is a great opportunity to take advantage of a newly emerging industry in New Mexico.

Last Agent to Sell the Property

Michael Vernon

Maddox & Co/REALTORS Listed on: 11/08/2021

Co-Listed By

John Lucero

Maddox & Co/REALTORS

Last Buyer's Agent

Michael Vernon

Realty One of New Mexico

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,141

Lot Details

  • 27 Acre Lot
  • Fenced
  • Level Lot
  • Zoning described as A-1

Home Design

  • Farm

Utilities

  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Outbuilding
  • Barn

Community Details

  • 2,460 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1 007 025 505 440 000000

Property Details

Property Type

Other

Est. Annual Taxes

$2,141

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub Type: Farm
  • Directions: From I-25 South, take the last Belen exit. take Old highway 85 to Castillo Road. Castillo Road to Jarales Road. Left on Jarales Road to property.
  • Listing Contract Date: 2021-10-15
  • Lot Size Acres: 27.0
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: MDDX01
  • Co List Office Phone: (505) 764-0400
  • Property Sub Type Additional: Farm
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Fenced
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Other Structures: Barn(s), Outbuilding, Residence

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Not Available
  • Water Source: Private, Well
  • Sewer: Septic Tank

Lot Info

  • Topography: Level
  • Lot Size Sq Ft: 1176120.0
  • Cultivated Acreage: 26.0
  • Parcel #: 1 007 025 505 440 000000
  • Zoning Description: A-1

Multi Family

  • Existing Lease Type: None

Tax Info

  • Tax Annual Amount: 2141.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2022
Sold by
Silver Moon Llc
Bought by
R & V Chavez Trust
Current Estimated Value
$1,021,881
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
R & V Chavez Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold -- -- --
04/19/2022 04/19/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $998,022 -- $406 / 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
2024 $1,658 $55,747 $9,004 $46,743
2023 $1,674 $55,747 $9,004 $46,743
2022 $1,610 $55,747 $9,235 $46,512
2021 $1,470 $54,161 $9,004 $45,157
2020 $2,142 $78,352 $9,004 $69,348
2019 $2,138 $78,352 $9,004 $69,348
2018 $2,059 $76,108 $9,004 $67,104
2017 $1,982 $73,928 $9,004 $64,924
2016 $1,969 $71,813 $9,004 $62,809
2015 -- $69,759 $9,004 $60,755
2013 -- $65,828 $9,004 $56,824
2011 -- $193,467 $26,337 $167,130
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Vernon

    Maddox & Co/REALTORS

  • J

    Seller Co-Listing Agent in 2022

    John Lucero

    Maddox & Co/REALTORS

See All Agents

Map

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

MLS Number: 1004303

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-007-025-505-440-000000

New Mexico Valencia County Belen 87002 Jarales, Bosque

478 Jarales Rd, Belen, NM

This home is located at 478 Jarales Rd, Belen, NM 87002 since 08 November 2021 and is currently estimated at $1,021,881, approximately $415 per square foot. 478 Jarales Rd is a home located in Valencia County with nearby schools including Belen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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