NOT LISTED FOR SALE

488 Jarales Rd Belen, NM 87002

Jarales, Bosque Neighborhood

Estimated Value: $194,212 - $252,000

5.09 Acres
$44,166 Price per Acre
221,720 Sq Ft Lot

Last Sold March 22, 2018

Current estimated payment $1,281/month

62 Days on Market

Highlights

  • Horses Allowed On Property
  • 5.09 Acre Lot
  • Level Lot

About This Lot

As of March 2018

Beautiful 5 acres of green irrigated land with gorgeous views of the Manzano Mountains. Includes a 1 bedroom house that needs TLC, detached 2-car garage, barn & corrals. Lots of options to make this your home! Selling in ''AS IS'' condition. Owner financing will be considered with NM Real Estate Contract.

Last Agent to Sell the Property

Nancy Montoya

Century 21 Champions License #6751 Listed on: 10/03/2017

Century 21 Champions

Last Buyer's Agent

John Sabourin

Home Authority License #17243

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $296

Lot Details

  • 5.09 Acre Lot
  • Level Lot

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Irrigation Water Rights
  • Well
  • Cesspool

Community Details

  • Land Of Frank & Ignacio Gallegegos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1008025004517000000

Property Details

Property Type

Land

Est. Annual Taxes

$296

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: South on Main Street in Belen right before the last exit to I-25 veer onto Hwy 116 (old Hwy 85), go south to Castillo Road, turn east continue until you get to Jarales Road, then turn north, property is about 1/4 mile.
  • Listing Contract Date: 2017-10-03
  • Horses: Yes
  • Lot Size Acres: 5.09
  • Subdivision Name: Land Of Frank & Ignacio Gallegegos
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Utilities

  • Utilities: Electricity Available
  • Water Source: Well
  • Sewer: Cesspool

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 221720.0
  • Parcel #: 1008025004517000000
  • Zoning Description: R-1
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Annual Amount: 296.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Mar 3, 2018
Sold by
Leyba Anthony Joel and Leyba Nelly
Bought by
Fakhoury Miles
Seller's Agent
Nancy Montoya
Century 21 Champions
Buyer's Agent
John Sabourin
Home Authority
List Price
$109,950
Current Estimated Value
$224,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$87,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 3, 2017
Closed on
Mar 1, 2018
Sold by
Leyba Anthony Joel and Leyba Nelly
Bought by
Fakhoury Miles
Seller's Agent
Nancy Montoya
Century 21 Champions
Buyer's Agent
John Sabourin
Home Authority
List Price
$109,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 28, 2016
Sold by
Leyba Anthony Joel
Bought by
Leyba Anthony Joel and Leyba Nelly
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fakhoury Miles -- Heritage Title
Fakhoury Miles $102,000 Heritage Title
Leyba Anthony Joel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fakhoury Miles $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold -- -- --
12/04/2017 12/04/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $109,950 -- --
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 $669 $22,493 $6,617 $15,876
2023 $657 $21,856 $6,617 $15,239
2022 $614 $21,238 $6,617 $14,621
2021 $561 $20,637 $6,617 $14,020
2020 $566 $20,637 $6,617 $14,020
2019 $565 $20,637 $6,617 $14,020
2018 $310 $11,339 $4,552 $6,787
2017 $299 $11,027 $4,494 $6,533
2016 $296 $10,725 $4,494 $6,231
2015 $5 $10,431 $4,494 $5,937
2013 -- $9,869 $4,494 $5,375
2011 -- $28,800 $13,146 $15,654
Source: Public Records

Agents Affiliated with this Home

  • Nancy Montoya

    Seller's Agent in 2018

    Nancy Montoya

    Century 21 Champions

    (505) 480-2121

    13 in this area

    466 Total Sales

    Nancy Montoya
    Section Image
  • John Sabourin

    Buyer's Agent in 2018

    John Sabourin

    Home Authority

    (505) 261-6359

    95 Total Sales

    John Sabourin
    Section Image
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Map

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

MLS Number: 903161

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-008-025-004-517-000000

New Mexico Valencia County Belen 87002 Jarales, Bosque

488 Jarales Rd, Belen, NM

This home is located at 488 Jarales Rd, Belen, NM 87002 since 03 October 2017 and is currently estimated at $224,803. 488 Jarales Rd is a home located in Valencia County with nearby schools including Belen High School and St. Mary's 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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