$130,000
SOLD AUG 6, 2015
Last list price

48 Nm Hwy 266 Sapello, NM 87745

15 Acres
$8,667 Price per Acre
653,400 Sq Ft Lot

Recently Sold

46 Days on Market

Highlights

  • Corral
  • Shed
  • Fenced
  • No HOA

About This Lot

As of August 2015

Build your dream home on this spectacular 15+ acre parcel with gorgeous views of Hermit's Peak. Fully fenced, existing well, electric, septic, horse stall and storage shed, on Hwy 266, just minutes to Las Vegas. Fenced pastures with electric fences, corral area, kennel, and developed driveway to building site. Recent upgrades include 200 amp electrical service upgrade and water hydrants. Must see!

Last Agent to Sell the Property

Jeanne-Marie Crockett

Keller Williams Realty - Santa Fe License #47563 Listed on: 04/24/2015

Last Buyer's Agent

Jeanne-Marie Crockett

Keller Williams Realty - Santa Fe License #47563 Listed on: 04/24/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,128

Lot Details

  • 15 Acre Lot
  • Property fronts a state road
  • Fenced
  • Zoning described as Restrictive Covenants

Parking

  • Driveway
  • Open Parking

Horse Facilities and Amenities

  • Corral

Utilities

  • Electricity To Lot Line
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1092105111290

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,128

Lot Details

0

Listing Details

  • Directions: From Las Vegas, take 518 North to Midway Store, left on SR 94, left on NM 266. Property is on right
  • Reso Property Sub Type: Acreage
  • Prop. Type: Land
  • Road Frontage Type: Driveway To St/Fed
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Reso Other Structures: Corral(s), Shed(s)
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced
  • Acres: 15
  • Topography: Level,Sloping,Hilly

Garage/Parking

  • Open Parking: Yes

Utilities

  • Electric: On-Site
  • Gas: Propane
  • Sewer: Septic-Existing
  • Water Source: Well-Existing

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 653400
  • ResoLotSizeUnits: Acres
  • Parcel #: 1092105111290
  • Zoning Description: Restrictive Covenants
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1127.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2014
Bought by
Lay Diane E and Lay Robert A
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 Type Sale Price Title Company
Grant Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $460,000 +253.8% $373 / Sq Ft
08/06/2015 08/06/15 Sold -- -- --
06/09/2015 06/09/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $130,000 -- --
Source: New Mexico MLS

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 $2,273 $94,065 $40,117 $53,948
2023 $2,238 $92,131 $40,117 $52,014
2022 $1,090 $41,666 $40,117 $1,549
2021 $925 $36,310 $34,714 $1,596
2020 $909 $35,461 $33,912 $1,549
2019 $902 $35,461 $33,912 $1,549
2018 $1,106 $42,519 $40,875 $1,644
2017 $1,085 $42,086 $40,490 $1,596
2013 $3,481 $163,203 $12,655 $150,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20151900

New Mexico MLS

APN: 657768