NOT LISTED FOR SALE

506 Old Hospital Rd N Unit 8 Espanola, NM 87532

Estimated Value: $241,000 - $342,000

3 Beds
2 Baths
4,045 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 26, 2022

Current estimated payment $1,641/month

85 Days on Market

Highlights

  • RV Garage
  • Waterfront
  • Office or Studio
  • RV Parking in Community
  • Northern New Mexico Architecture
  • 2 Car Detached Garage

About This Home

As of July 2022

This family compound has many uses & possibilities! Besides a house, guest house and studio, there is also a hook up for an additional mobile home garage, carport, extra storage building, and a huge RV storage, which could easily be converted. All the structures are extremely well built & maintained. The main home features a 3 Bedroom plus a spacious office with an outside entrance. The main home has venetian plaster walls, granite countertops, a recent central heating and cooling system. In addition there is a large utility room with space for hobbies as well. The contemporary guest house has an open concept with high ceilings and is a 1 bedroom with 1 1/2 bath. The casita is small but cute and currently has a tenant on a month to month basis. Besides all of the many features this property offers, it could also function as a fabulous investment. Based on rental comps, the main home should easily bring in $1,800 in monthly rent, the guest house $1,300 and the casita $800, In addition one could rent the RV garage as well. Based on potential rent for the 3 unit, total monthly income would be $3,900 which could provide an investor an 8% cap rate.

Last Agent to Sell the Property

Lynn G Scott

Logic Real Estate License #13651 Listed on: 03/18/2022

Co-Listed By

Yassaman Amirmoez

Logic Real Estate License #54965

Last Buyer's Agent

LyAnn Vigil

Keller Williams Realty License #51725

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1975

Lot Details

  • 0.6 Acre Lot
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener
  • RV Garage

Home Design

  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,045 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Crawl Space
  • Home Security System

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Office or Studio
  • Outbuilding

Schools

  • Fairview Elementary School
  • Carlos F. Vigil Espanola Middle School
  • Espanola Valley High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Satellite Dish

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number R021187

Home Details

Home Type

Single Family

Est. Annual Taxes

$917

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Prop. Type: Residential
  • Co List Office Mls Id: 203161
  • Co List Office Phone: (505) 820-7000
  • Directions: North on Riverside after the Fairview Rd light, turn left on Old Hospital Dr to property.
  • Architectural Style: Northern New Mexico
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Oven, Range, Refrigerator
  • Levels: One
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile
  • Interior Amenities: No Interior Steps
  • Living Area: 2092.0
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Metal, Pitched
  • Waterfront: Yes
  • Construction Type: Block, Frame, Stucco
  • Other Structures: Outbuilding, Studio/Office

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Carport, Detached, Garage, Garage Door Opener, RV Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Refrigerated
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Floor Furnace, Fireplace(s), Natural Gas
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: RV Parking

Schools

  • Elementary School: Fairview
  • High School: Espanola Valley High
  • Middle Or Junior School: Carlos F. Vigil Espanola Middle School

Lot Info

  • Lot Size Acres: 0.6
  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: R021187
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 916.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2012
Sold by
Leyba Katherine S
Bought by
Leyba Katherine S
Current Estimated Value
$284,614
Source: Public Records

Range of Values:

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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
Leyba Katherine S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold -- -- --
06/07/2022 06/07/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $399,900 -7.9% $99 / Sq Ft
03/14/2022 03/14/22 For Sale $434,000 -- $107 / Sq Ft
Source: Santa Fe 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 $1,115 $42,404 $19,053 $23,351
2023 $1,115 $41,168 $21,524 $19,644
2022 $1,043 $39,970 $18,536 $21,434
2021 $920 $38,805 $17,996 $20,809
2020 $903 $37,675 $17,472 $20,203
2019 $847 $36,578 $16,963 $19,615
2018 $743 $35,512 $15,996 $19,516
2017 $734 $34,479 $15,338 $19,141
2016 $750 $33,474 $14,755 $18,719
2015 $657 $33,474 $14,755 $18,719
2014 $618 $32,500 $11,932 $20,568
2011 -- $21,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn G Scott

    Seller's Agent in 2022

    Lynn G Scott

    Logic Real Estate

    (505) 470-9005

    260 Total Sales

    Lynn G Scott
    Section Image

  • Y

    Seller Co-Listing Agent in 2022

    Yassaman Amirmoez

    Logic Real Estate

    2 Total Sales

    Yassaman Amirmoez
    Section Image
  • LyAnn Vigil

    Buyer's Agent in 2022

    LyAnn Vigil

    Keller Williams Realty

    (505) 670-5770

    41 Total Sales

    LyAnn Vigil
    Section Image
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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202200835

Santa Fe Association of REALTORS®

APN: 1-047-121-266252

New Mexico Rio Arriba County Espanola 87532

506 Old Hospital Rd N Unit 8, Espanola, NM

This home is located at 506 Old Hospital Rd N Unit 8, Espanola, NM 87532 since 18 March 2022 and is currently estimated at $284,614, approximately $70 per square foot. This property was built in 1975. 506 Old Hospital Rd N Unit 8 is a home located in Rio Arriba County with nearby schools including Espanola Valley High School, Mccurdy School, and Victory Christian Academy.

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Santa Fe Association of REALTORS® The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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