Nestled in the heart of Bosque Farms, this charming farmhouse offers an unparalleled opportunity for those seeking a serene and spacious retreat. With over 1 acre of land that has its own irrigation well this property is a haven for furry friends! The main house itself comprises two separate living spaces, providing versatility and ample room for both relaxation and entertainment. With four generously sized bedrooms, there's plenty of space for the whole family to spread out and unwind. Additionally, a cozy casita awaits, boasting its own garage and washer and dryer area, making it ideal for guests or as a potential source of additional income.Comes with a barn and fenced-off area for safety and comfort of your beloved pets, allowing them to roam and play. Make this oasis yours!
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 2007
Living Area: 3,168 SqFt
Listing Office:
Office Name: MORE Realty, Inc
Office Phone: (505) 333-9522
Listing Agent: Stephanie Thi Dennison
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Basement: No
Flooring Type: Carpet, Tile, Wood
Interior: Bookcases, Breakfast Area, Ceiling Fan(s), Multiple Living Areas, Main Level Primary
Directions: From HWY 47 in Bosque Farms, Turn West onto Esperanza Dr. House is over the ditch and on the North Side.
Price Information
Listing Price Info
Price Summary:
List Price: $635,000
Price Per SqFt: $200/SqFt
Tax Information:
Annual Amount: $4,607
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1074628
Listing Office:
Office Name: MORE Realty, Inc
Office Phone: (505) 333-9522
Listing Agent: Stephanie Thi Dennison
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,237
Per Month
Principal & Interest
$3,170
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,970
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Bosque Farms Elementary School
1390 West Bosque Lp
Distance between this listing and this school0.45 miles
Public District Grades PK-6
5
/10
Peralta Elementary School
3645 Hwy 47
Distance between this listing and this school1.63 miles
Public District Grades PK-6
5
/10
Valencia Elementary School
111 Monica Rd
Distance between this listing and this school3.36 miles
Public District Grades PK-6
Nearby Schools
5
/10
Los Lunas Middle School
220 Luna Rd NE
Distance between this listing and this school3.96 miles
Public District Grades 7-8
3
/10
Valencia Middle School
22 Marlink
Distance between this listing and this school8.47 miles
Public District Grades 7-8
2
/10
Polk Middle School
2220 Raymac Rd SW
Distance between this listing and this school8.55 miles
Public District Grades 6-8
Nearby Schools
2
/10
Century Alternative High School
32 Sun Valley Rd
Distance between this listing and this school4.05 miles
Public District Grades 9-12
5
/10
Los Lunas High School
1776 Emilio Lopez Rd NW
Distance between this listing and this school4.14 miles
Public District Grades 9-12
6
/10
School of Dreams Academy
906 Juan Perea Rd
Distance between this listing and this school4.53 miles
The neighbors living near this home have an average income of $74,808. The majority of Valencia County, NM residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 550 Esperanza Dr
What is the listing price of this property?
The listing price of 550 Esperanza Dr property is $635,000.
What type of property is this?
The property 550 Esperanza Dr is a house located in Bosque Farms, New Mexico, 87068.
Is this property for sale now?
Active Listing: 550 Esperanza Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,607 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 550 Esperanza Dr has 5 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 550 Esperanza Dr is 3,168 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 550 Esperanza Dr is 2007.
This home is located at 550 Esperanza Dr in Bosque Farms, NM and zip code 87068. This 3,168 square foot home, which was built in 2007, sits on a 1.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $635,000.
Valencia County, NM housing market in November 2024 saw over 1 listings sold above listed price, more than 20 sold at listed price and over 31 sold below. In November 2024 in Valencia County, NM there were 18.7% less homes for sale than in October 2024. While the average time on the market in November 2024 was 47 days, the median list price was $302,646.
From Rocket Homes Real Estate and based on county public records data.