NOT LISTED FOR SALE

722 School St Española, NM 87532

Estimated Value: $851,000 - $1,436,000

Studio
-- Bath
6,329 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2024

Current estimated payment $7,154 / mo

134 Days on Market

Highlights

  • No HOA
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Attached Garage

About This Home

As of December 2024

Seven units, residential income property. Of the seven, six are income producing apartments and one is a vacant house, to live in or rent. All seven rentals, are on a private, quiet, enclosed lot. This compound is now available for a smart investor. All the units are individually metered. The vacant house is an adobe home that was recently renovated. The grounds are well maintained. Each unit has its own porch. Keeping the apartments occupied has been an easy task, due to the location, condition, and varied size of each dwelling. Located down a quiet west side road provides easy access to Los Alamos, Santa Fe, Taos, and Abiquiu. The interior of the apartments will be available to qualified buyers with true interest in purchasing with notice to tenants.

Last Agent to Sell the Property

Emery Maez

The Maez Group License #20286 Listed on: 07/01/2024

Co-Listed By

Joseph Maez

The Maez Group-ALB License #17921

Last Buyer's Agent

Lynn G Scott

Logic Real Estate License #13651

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 30,405 Sq Ft Lot

Parking

  • Attached Garage

Home Design

  • Split Level Home
  • Frame Construction
  • Built-Up Roof
  • Metal Roof
  • Block Exterior
  • Adobe

Interior Spaces

  • 6,329 Sq Ft Home
  • Multi-Level Property

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 1-046-120-170058

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.7 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Prop. Type: Residential Income
  • Co List Office Phone: (505) 718-4980
  • Directions: When coming in to Espanola from the South, keep on US HWY 84/285 and turn left on E HILL ST., than turn left on CII DON DIEGO ROAD than a right on School Street. Home and units are on the left corner.
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built Details: County records do not have year built. Estimated.
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Levels: Multi/Split
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Interior Steps

Exterior Features

  • Roof: Built-Up, Metal
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Adobe, Block, Frame

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: 220 Volts
  • Utilities: Other, Separate Meters, Electricity Available
  • Heating: Forced Air, Natural Gas, Separate Meters
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.7
  • Zoning: R-1, 2, 3, 4, 5, 6
  • Lot Size Sq Ft: 30405.0
  • Parcel #: 1-046-120-170058
  • Zoning Description: Residential improvement
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Baumbach Family Trust and Baumbach Lillian
Bought by
School Street Investments Llc
Current Estimated Value
$1,261,593

Purchase Details

Listed on
Jul 1, 2024
Closed on
Dec 17, 2024
Sold by
Joseph and Joseph Marcella A
Bought by
Baumbach Family Trust and Baumbach
Seller's Agent
Emery Maez
The Maez Group
Buyer's Agent
Lynn G Scott
Logic Real Estate
List Price
$750,000
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.48%

Purchase Details

Closed on
Nov 10, 2023
Sold by
Martinez Guadalupe
Bought by
Martinez Guadalupe and Martinez Juli Ann

Purchase Details

Closed on
Apr 27, 2022
Sold by
Loyola Serna Guadalupe
Bought by
Serna Guadalupe Loyola
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
School Street Investments Llc -- None Listed On Document
Baumbach Family Trust -- None Listed On Document
Baumbach Family Trust -- None Listed On Document
Martinez Guadalupe -- None Listed On Document
Serna Guadalupe Loyola -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold -- -- --
11/15/2024 11/15/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $750,000 -- $119 / Sq Ft
Source: Santa Fe Association of REALTORS®

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 $6,132 $213,899 $19,395 $194,504
2024 $6,132 $108,667 $33,979 $74,688
2023 $2,893 $105,502 $33,861 $71,641
2022 $2,710 $102,430 $28,903 $73,527
2021 $2,387 $99,446 $28,061 $71,385
2020 $2,347 $96,550 $27,244 $69,306
2019 $2,201 $93,739 $26,450 $67,289
2018 $2,035 $96,200 $26,450 $69,750
2017 $2,150 $99,500 $26,450 $73,050
2016 $2,296 $102,580 $26,450 $76,130
2015 $2,157 $105,329 $26,450 $78,879
2014 $1,416 $71,852 $21,238 $50,614
2011 -- $70,119 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202402488

Santa Fe Association of REALTORS®

APN: 1-046-120-170058

Your Personal Tour Guide

Ask me questions while you tour the home.