NOT LISTED FOR SALE

Estimated Value: $169,000 - $231,000

50 Acres
$4,000 Price per Acre
2,178,000 Sq Ft Lot

Last Sold June 08, 2023

Current estimated payment $1,056/month

134 Days on Market

Highlights

  • Horses Allowed On Property
  • Views
  • Level Lot
  • 50 Acre Lot
  • Cross Fenced

About This Lot

As of June 2023

50+/- acres in the Estancia Valley with amazing views of the Manzano Mountains. Rural living like this is hard to find with a paved road and a 45 minute drive to Albuquerque. Large 30x50 Shop ready to go, walls insulated and concrete floors. 1978 single wide in need of repairs can be used for storage, lived in as is, remodeled, or hauled away. Domestic well in good working order with a couple of outdoor spigots. New pipe entry way with newer fencing all around. This 50 acres is already subdivided into 10 acre lots which is hard to find in this area. Homestead this property or buy it as an investment and sell the other lots. Natural gas runs along the West side of the property line. This is a great value in the heart of NM. Rural Southwest Living with extra amenities.

Last Agent to Sell the Property

Todd Sledge

Hawkeye Realty License #19817 Listed on: 01/07/2023

Last Buyer's Agent

Sam Swari

Berkshire Hathaway NM Prop License #47803

Berkshire Hathaway NM Prop

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $338

Lot Details

  • 50 Acre Lot
  • Cross Fenced
  • Level Lot
  • 5 Lots in the community
  • Zoning described as RR

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Private Water Source
  • Well
  • Sewer Not Available
  • Phone Available
  • Cable TV Not Available

Additional Features

  • Property Views

Community Details

  • Lands Of Gorton And Lands Of Ebling Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1039032476363000000

Property Details

Property Type

Land

Est. Annual Taxes

$338

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From the intersection of Hwy 41 and Hwy 55 in Estancia, go West on Hwy 55 for 8.3 miles to Riley RD. Turn South on Riley Rd and the entrance gate is 2.3 miles on the West side of the road. Look for the sign.
  • Horses: Yes
  • Lot Size Acres: 50.0
  • Subdivision Name: LANDS OF GORTON and LANDS OF EBLING
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Residential, Unimproved

Exterior Features

  • Fencing: Cross Fenced
  • Lot Features: Views, Acreage
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Available, Phone Available, Water Connected, Sewer Not Available
  • Water Source: Private, Well
  • Sewer: None

Lot Info

  • Topography: Level
  • Number of Lots: 5
  • Current Use: Multi-Family
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 2178000.0
  • Parcel #: 1039032476363000000
  • Zoning Description: RR

Tax Info

  • Tax Annual Amount: 338.09
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: E1, E2; B1,B3, B4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold -- -- --
05/22/2023 05/22/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $205,000 -- --
Source: Southwest MLS (Greater Albuquerque 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
2025 $132 $10,043 $7,791 $2,252
2024 $132 $9,817 $7,565 $2,252
2023 $173 $11,528 $7,565 $3,963
2022 $139 $10,008 $6,160 $3,848
2021 $135 $10,539 $6,487 $4,052
2020 $133 $10,013 $6,480 $3,533
2019 $122 $9,434 $5,897 $3,537
2018 $126 $9,424 $5,891 $3,533
Source: Public Records

Agents Affiliated with this Home

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Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1027817

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1039032476363000000