478 JARALES Road, Belen, NM 87002 (MLS# 1004303)

478 JARALES Road, Belen, NM 87002

$998,022

Property Type: Farm & Ranch Square Footage: 2,460 Lot Size (sq. ft.): 1,176,120 Status: Closed

Current Price: $998,022 List Date: 11/08/2021 Last Modified: 3/27/2023

Overview

Description

This 27+ acres fully irrigated with concrete ditches, some acreage has pre 1907 water rights. Two wells, newer septic system and a 100 X 70 extra large enclosed garage with loft & two double high doors for loading & unloading. Also includes Commercial Web Truck Scale. Fenced, large open, covered hay storage barn and large covered equipment barn The property also has a beautiful 3 bed 1 bath Adobe Home with vigas, T&G ceilings, newer roof, Huge Bonus Rooms and two living areas. The property currently grows alfalfa but is suitable for corn, cotton, green chili or ''Other'' crops. There are several additional rooms with two ADA bathrooms that could be used as a bunk house, studios or an apartment. This is a great opportunity to take advantage of a newly emerging industry in New Mexico.

Listing Details MLS# 1004303

Status Change Info

Pending Date: 2022-04-19
Closing Date: 2022-05-23

Contract Information

List Price/Acre: 405.7

Location

Street #: 478
Street Name: JARALES
St Suffix: Road
County: Valencia
City/Town Code: Belen
State/Province: NM
Zip Code: 87002
Zip +4: 9213
Directions: From I-25 South, take the last Belen exit. take Old highway 85 to Castillo Road. Castillo Road to Jarales Road. Left on Jarales Road to property.
MLS Area Major: 741 - Belen
Zone Atlas: TTT7

General Property Description

Property Sub-Type: Farm
House on Property: Yes
Included: Yes
Living Area: 2460
SqFt Source: Floorplan
Acres: 27
Lot SqFt: 1176120
Lot Size Source: Survey
Apx Deeded Acres: 27
Subdivided: No
Livestock Included: No
Private Hunting: No
State Hunting: No
Title: Updt Abstract at Cls
Flood Zone: A
Apx Acres Leased: 0
Lease Payment $: 0

Acreage Info

Apx Acres Cultivated: 26
Apx Water Rits Acres: 16

Sales Info

Trade/Xch Considered: No

More Information

Tax & Legal Info

UPC Code: 1 007 025 505 440 000000
Short Legal Desc: TRACT: 7A2A (0.67 AC ), TRACT 6 (5.16 AC), TRACT 7A1 (3.44 AC) S: 31 T: 5N R: 2E TOTAL 9.27 ACRES MAP 105 2005 REV
GRT Code: 14-014
Tax Exemption: Unknown
Tax Annual Amount: 2141

Utilities

Cable Available: Yes
Electricity Connected: Yes
Phone Available: Yes
Sewer Not Available: Yes

Possession

Day of Funding: Yes

Type Lease

None: Yes

Crops

Other - See Remarks: Yes

Road Frontage Type

Public Road: Yes

Road Surface Type

Paved: Yes

Irrigation Source

Ditch: Yes

Wastewater

Septic Tank: Yes

Water Source

Private Well: Yes

Improvements

Barn: Yes
Employees Quarters: Yes
Fenced: Yes
Head Qrtrs/Residence: Yes
Other Outbuildings: Yes
Scales: Yes

Docs/Data Available

Disclosure Statement: Yes
Survey: Yes

Topography

All Level: Yes

Timber/Mineral Right

Other - See Remarks: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Zoning

A-1: Yes

Property Features

Possession: Day of Funding Type Lease: None Crops: Other - See Remarks Road Frontage Type: Public Road Road Surface Type: Paved Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Not Available Wastewater: Septic Tank Water Source: Private Well Improvements: Barn; Employees Quarters; Fenced; Head Qrtrs/Residence; Other Outbuildings; Scales Irrigation Source: Ditch Topography: All Level Finance Considered: Cash; Conventional Zoning: A-1

Listing Office: Maddox & Co/REALTORS

Last Updated: March - 27 - 2023

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