$249,000
PENDING

706 E Terrace Dr Grants, NM 87020

Estimated payment $1,460/month

Total Views 67
3 Beds
2 Baths
1,533 Sq Ft
$162 Price per Sq Ft

Highlights

  • No HOA
  • Refrigerated and Evaporative Cooling System
  • Tile Flooring
  • 2 Car Attached Garage
  • Patio
  • Forced Air Heating and Cooling System

About This Home

Welcome home to this beautifully updated 3-bedroom, 2 full bathroom townhouse nestled in a highly desirable neighborhood. Offering the perfect blend of comfort and style, this spacious residence features an open and airy layout designed for modern living. Step inside to discover generous living spaces filled with abundant natural light, large windows, and tasteful upgrades throughout. The bright and inviting living area flows seamlessly into the dining space and updated kitchen, creating an ideal setting for both everyday living and entertaining. The primary suite offers a private retreat with a full bathroom and ample closet space, while two additional bedrooms provide flexibility for family, guests, or a home office. Both full bathrooms have been thoughtfully updated with contemporary finishes. Enjoy peaceful mornings and relaxing evenings with beautiful views that enhance the home's tranquil atmosphere. Located in a well-maintained community known for its charm and convenience, you’ll appreciate close proximity to shopping, dining, parks, and top-rated schools. This move-in ready townhouse combines space, light, and location — a rare opportunity you won’t want to miss.

Listing Agent

LORI BACA

RE/MAX ELEGANCE License #54719 Listed on: 03/02/2026

RE/MAX ELEGANCE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1986

Lot Details

  • 4,879 Sq Ft Lot
  • Xeriscape Landscape
  • Natural State Vegetation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2054063428287

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,152

Year Built

Built in 1986

Lot Details

4,879 Sq Ft Lot

Parking

2

Listing Details

  • New Construction: No
  • Year Built: 1986
  • Reso Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Fireplace
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Wood Burning
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Flat
  • Fencing: Back Yard, Wood
  • Acres: 0.112
  • Construction Type: Frame, Stucco, Unknown
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Cable Available
  • Cooling: Electric, Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4878.72
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 2054063428287

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2152.21

Multi Family

  • Building Area Units: Square Feet

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the 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
2025 -- $63,412 $2,650 $60,762
2024 $2,115 $61,565 $2,573 $58,992
2023 $2,080 $59,772 $2,498 $57,274
2022 $1,910 $52,817 $2,652 $50,165
2021 $1,841 $51,278 $2,575 $48,703
2020 $1,811 $51,278 $2,575 $48,703
2019 $1,734 $51,203 $2,500 $48,703
2018 $1,671 $48,863 $936 $47,927
2017 $1,524 $47,440 $909 $46,531
2016 $1,446 $46,058 $882 $45,176
2015 $1,446 $44,717 $857 $43,860
2014 $1,439 $43,419 $835 $42,584
2013 $1,186 $42,155 $811 $41,344
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2026 05/01/26 Sold -- -- --
03/10/2026 03/10/26 Pending -- -- --
03/10/2026 03/10/26 Price Changed $249,000 0.0% $162 / Sq Ft
03/02/2026 03/02/26 Pending -- -- --
03/02/2026 03/02/26 For Sale $249,000 +62.7% $162 / Sq Ft
04/18/2022 04/18/22 Sold -- -- -- View Prior Sale
03/14/2022 03/14/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $153,000 +3.7% $100 / Sq Ft
07/17/2018 07/17/18 Sold -- -- -- View Prior Sale
06/21/2018 06/21/18 For Sale $147,500 -7.8% $96 / Sq Ft
08/31/2017 08/31/17 Sold -- -- -- View Prior Sale
08/02/2017 08/02/17 Pending -- -- --
05/21/2017 05/21/17 For Sale $159,900 -- $104 / Sq Ft
Source: New Mexico MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Available
Land Contract -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,000 New Conventional
Previous Owner $100 Purchase Money Mortgage
Previous Owner $138,446 FHA
Source: Public Records

Source: New Mexico MLS

MLS Number: 20261225

New Mexico MLS

APN: R14639

Your Personal Tour Guide

Ask me questions while you tour the home.