64 Private Drive 1038a Velarde, NM 87582
Estimated payment $5,695/month
About This Home
Sitting on a quiet, private piece of land (+- 7.5 acres) at the end of Private Drive 1038A in Velarde, sits this manufactured home along with a hydroponic farm. Bordered by the Rio Grande River with approx. 250 feet of riverfront property, this hydroponic farm has consistently produced tomatoes, cucumbers, basil, and lettuce. It has provided employment isuccess in the community. It currently grows in a soilless culture in Bato buckets and is easily adapted to soil, if desired. There are 3 greenhouses, totaling approximately 16,000 sq ft of grow area. The environment and irrigation of the greenhouses is fully automated. The property contains a fully insulated, temperature-controlled warehouse/garage that houses
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,700
Lot Details
- 7.5 Acre Lot
- Property fronts a county road
- Level Lot
Home Design
- Farm
Utilities
- Natural Gas Connected
- Private Water Source
- Well
- Septic Tank
Community Details
- 2,000 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1049130500050
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,379 | $53,116 | $27,349 | $25,767 |
| 2023 | $1,379 | $51,765 | $12,536 | $39,229 |
| 2022 | $1,367 | $53,313 | $12,907 | $40,406 |
| 2021 | $1,198 | $51,765 | $12,536 | $39,229 |
| 2020 | $1,217 | $52,333 | $12,907 | $39,426 |
| 2019 | $1,214 | $53,313 | $12,907 | $40,406 |
| 2018 | $1,065 | $51,765 | $12,536 | $39,229 |
| 2017 | $1,097 | $51,765 | $12,536 | $39,229 |
| 2016 | $1,170 | $51,765 | $12,536 | $39,229 |
| 2015 | $966 | $45,573 | $12,907 | $32,666 |
| 2014 | -- | $45,573 | $12,907 | $32,666 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $999,000 | -9.1% | $500 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $1,099,000 | -8.3% | $550 / Sq Ft |
| 03/08/2025 03/08/25 | Price Changed | $1,199,000 | -20.0% | $600 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $1,499,000 | -- | $750 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Rio Arriba Title & Escrow |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1072040
APN: 1-049-130-503065
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