$159,000
$10K PRICE DROP

701 Terrace Ave Chama, NM 87520

Chama Area

Estimated payment $946/month

Total Views 8,129
1 Bed
1 Bath
673 Sq Ft
$236 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Views

About This Home

This beautiful home sits right in the perfect location to enjoy all that Chama has to offer. Only a small walk from the train deport, restaurants and downtown businesses, this location is PERFECT! Currently used as a vacation home, this home sits in the commercial district of Chama. Used in the past as a business, museum for the Cumbres & Toltec Scenic Railroad, and residence, the options are endless. Whether looking to open a business, own a long or short term rental or use the home as you please, the can let your dreams go wild. As they say, LOCATION, LOCATION, LOCATION, this is the perfect location to set your roots in the beautiful Village of Chama.

Listing Agent

Matthew Gallegos

Rooted Realty Co. License #53313 Listed on: 05/23/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Metal Roof

Interior Spaces

  • 673 Sq Ft Home
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1017184260267

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Directions: Right at the intersection of 7th Street & Terrace Ave in Chama, NM.
  • New Construction: No
  • Reso Property Sub Type: Single Family Site Build
  • Prop. Type: Residential
  • Horses: No
  • Inclusions: Refrigerator
  • Carport Y N: No
  • Reso Flooring: Wood
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Private Spa: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Metal, Propanel
  • Fencing: Wood
  • Acres: 0.1
  • Pool Private: No
  • Topography: Wood, Irregular Lot
  • View: Yes
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Assessments: No
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1017184260267

Tax Info

  • Tax Annual Amount: 874.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $849 $28,801 $18,967 $9,834
2024 $849 $27,963 $18,688 $9,275
2023 $756 $27,148 $18,478 $8,670
2022 $681 $26,358 $18,067 $8,291
2021 $432 $18,421 $10,130 $8,291
2020 $385 $17,885 $8,823 $9,062
2019 $388 $17,628 $8,566 $9,062
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2026 07/28/26 For Sale $159,000 0.0% $236 / Sq Ft
07/16/2026 07/16/26 Pending -- -- --
06/26/2026 06/26/26 Price Changed $159,000 -5.9% $236 / Sq Ft
05/23/2026 05/23/26 For Sale $169,000 -- $251 / Sq Ft
Source: New Mexico MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Cheran Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $35,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: New Mexico MLS

MLS Number: 20263056

New Mexico MLS

APN: 1-017-184-260267

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