NOT LISTED FOR SALE

7278 Highway 518 Ranchos de Taos, NM 87557

Estimated Value: $299,000 - $339,000

2 Beds
1 Bath
1,500 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 10, 2022

Current estimated payment $1,820/month

97 Days on Market

Highlights

  • Wood Burning Stove
  • Space Heater
  • 1-Story Property

About This Home

As of November 2022

Behind the gate, enter a whimsical and fun property with so much potential! This charming older adobe home has a Chef's kitchen and open floorplan for lots of options. Wood burning stoves keep the inside nice and cozy plus a fireplace in the primary bedroom. Lockoff opportunity with additional kitchen, bathroom and private entrance. Home could provide 3 full bedrooms, 2 living rooms, study and dining room. All windows open out to the beautiful and private backyard wtih fruit trees, gardens, fire pit and spacious covered deck. Front yard complete with outdoor fireplace and sculpted gardens. Oversized single car garage provides storage and an additional storage unit conveys with property. This home shares highway access with adjacent home, but land conveys with this property.

Last Agent to Sell the Property

Debbie Friday Jagers

Berkshire Hathaway HomeServices Taos Real Estate License #53208 Listed on: 06/01/2022

Berkshire Hathaway HomeServices Taos Real Estate

Last Buyer's Agent

John Cancro

TAOS PROPERTIES REAL ESTATE INVESTMENT License #13374

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • 1936

Lot Details

  • 0.9

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove

Kitchen

  • Gas Oven
  • Freezer
  • Disposal

Schools

  • Ranchos Elementary School

Utilities

  • Space Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

1936

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Pueblo Style
  • Additional Comments: Thank you Lisa and John!
  • Flood Area: UNK
  • Geo Subdivision: NM
  • Legal Description: .9 acre, part of tract 83, map 9, sur 1; part of tract 84, map 9, sur 1; tract 85, map 9, sur 1, q1
  • Remodeled: Yes
  • Subject To F I R P T A: No
  • Tour Zone: Southwest
  • Current Tax Amount: 722.24
  • Middle School High School: Taos
  • Public Inprov Distr P I D: No
  • Special Asses Distr S A D: No
  • I N G E G: Private
  • Interior Amenities: Alarm System
  • Sub Floor: Mixed
  • Estimated Total Heated Living: 1500
  • Estimated Tax Amount: 2690.82
  • For Rent: No
  • Guest House: Yes
  • Lighting: Natural Daylight
  • Main House: ApproxSqFt: 1500; Bedrooms: 2; FullBaths: 1; HalfBaths: 0
  • Manufactured Mobile Home: No
  • Modular: No
  • Studio Workshop: No
  • Total Property: Bedrooms: 3; FullBaths: 2; HalfBaths: 0
  • Restriction Types: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Estimated Year Built: 1936
  • Appliances: Gas Oven, Dish Washer, Refrigerator, Freezer, Disposal
  • Fireplace: Two
  • Floors: Tile, Wood, Cement
  • Stories: One Story
  • Windows: Single Pane, Thermopane, Skylights

Exterior Features

  • Roof Material: Brai Type
  • Roof Type: Flat
  • Foundation: Unknown
  • Fencing: Latilla
  • Construction: Adobe
  • Driveway: Gravel
  • Exterior Finish: Stucco
  • Porch Patio: Patio, Deck, Covered Porch, Portal
  • Guest House: ApproxSqFt: 1000; Bathrooms: 1; Bedrooms: 1; KitchenYN: Yes

Garage/Parking

  • Garage/Carport Capacity: 1
  • Garage Type: Garage Detached

Utilities

  • Utilities: Satellite
  • Electric: Yes
  • Gas: Propane
  • Sewer: Town
  • Water: Community
  • Water Heater: Gas, Electric
  • Heating: Wood Stove, Fireplace, Space Heater

Schools

  • Elementary School: Ranchos Elem
  • High School: Taos

Lot Info

  • Geo Update Timestamp: 2022-06-01
  • Geo Address Line: 7278B Highway 518
  • Geo Longitude: -105.604849
  • Geo Primary City: Ranchos De Taos
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • Number Of Acres: 0.9
  • Surface Water: None
  • Water Rights: UNK

Rental Info

  • Lease Option: No

MLS Schools

  • Elementary School: Ranchos Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Villa Yolanda M and Villa Randy
Bought by
Vigil Daniel and Medina Alyssa
Current Estimated Value
$323,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,843
Outstanding Balance
$174,525
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$148,658
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
Vigil Daniel -- First New Mexico Title
Vigil Daniel -- First New Mexico Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vigil Daniel $177,843
Closed Vigil Daniel $177,843
Previous Owner Haines William David $318,000
Previous Owner Mettler Rene $230,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold -- -- --
09/06/2022 09/06/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $399,000 -19.4% $266 / Sq Ft
06/01/2022 06/01/22 For Sale $495,000 -- $330 / Sq Ft
Source: Enchanted Circle 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 $1,177 $52,130 $7,011 $45,119
2023 $1,218 $52,130 $7,011 $45,119
2022 $977 $50,695 $6,807 $43,888
2021 $939 $50,695 $6,807 $43,888
2020 $896 $49,301 $6,609 $42,692
2019 $940 $49,301 $6,609 $42,692
2018 $906 $47,948 $5,256 $42,692
2017 $906 $47,948 $5,256 $42,692
2016 $905 $47,948 $5,256 $42,692
2014 -- $46,634 $3,942 $42,692
2013 -- $46,634 $3,942 $42,692
Source: Public Records

Agents Affiliated with this Home

  • Debbie Friday Jagers

    Seller's Agent in 2022

    Debbie Friday Jagers

    Berkshire Hathaway HomeServices Taos Real Estate

    (575) 770-1618

    37 in this area

    52 Total Sales

    Debbie Friday Jagers
    Section Image
  • John Cancro

    Buyer's Agent in 2022

    John Cancro

    TAOS PROPERTIES REAL ESTATE INVESTMENT

    (575) 770-0724

    40 in this area

    72 Total Sales

    John Cancro
    Section Image
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Map

Source: Enchanted Circle Association of REALTORS®

MLS Number: 108767

Enchanted Circle Association of REALTORS®

APN: 17389

New Mexico Taos County Ranchos De Taos 87557

7278 Highway 518, Ranchos De Taos, NM

This home is located at 7278 Highway 518, Ranchos de Taos, NM 87557 since 01 June 2022 and is currently estimated at $323,183, approximately $215 per square foot. This property was built in 1936. 7278 Highway 518 is a home located in Taos County with nearby schools including Ranchos de Taos Elementary School, Taos Middle School, and Taos High School.

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Enchanted Circle Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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