RARE OPPORTUNITY! This centrally located lot could be the opportunity you've been waiting for. With ample frontage and high visibility, this property provides excellent accessibility and exposure. Come out, take a look and consider the possibilities. From office space to a small car dealership, or mixed use development, your imagination is the limit! Utilities are available, including an existing well, along with city water and sewer at the road.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (505) 983-5151
Listing Agent: Kimberly Gaytan Pizano, Ken Martinez
Interior Features
Interior Information:
Basement: No
Lot Features
Lot Information:
Lot Size: 0.38 Acres
Other
Directions Information:
Directions: Travelling South from the intersection of Riverside Drive and Santa Clara Bridge Rd, property is .2 of a mile on the right hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $199,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Espanola, NM.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,061
Per Month
Principal & Interest
$994
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
$663
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
6
/10
Eutimio Salazar Elementary School
1000 Zuni Ln
Distance between this listing and this school1.24 miles
Public District Grades PK-6
4
/10
James H. Rodriguez Elementary School
333 N Coronado Ave
Distance between this listing and this school1.46 miles
Public District Grades 1-6
3
/10
Tony E. Quintana Elementary School
11 Sombrillo Rd
Distance between this listing and this school1.48 miles
Public District Grades KG-6
Nearby Schools
3
/10
Carlos F. Vigil Middle School
1260 Johnie Roybal Ind Prk Rd
Distance between this listing and this school2.42 miles
Public District Grades 7-8
4
/10
Sixth Grade Academy
1574 State Rd 502
Distance between this listing and this school7.03 miles
Public District Grades 6-6
5
/10
Pojoaque Middle School
1574 NM 502
Distance between this listing and this school7.03 miles
Public District Grades 7-8
Nearby Schools
4
/10
McCurdy Charter School
515 Camino Arbolera
Distance between this listing and this school0.94 miles
Public Charter Grades KG-12
5
/10
Espanola Valley High School
1111 El Llano Rd
Distance between this listing and this school1.94 miles
Public District Grades 9-12
6
/10
Pojoaque High School
1574 NM 502
Distance between this listing and this school7.67 miles
The neighbors living near this home have an average income of $36,286. Typical income of Espanola, NM residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Espanola, NM
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Espanola, NM.
Espanola's housing market offers a blend of residential options, with single-family homes being a significant component. The architectural styles in the area range from Southwestern adobe to more contemporary designs, reflecting the region's cultural heritage and modern growth. While the exact composition of the housing market is not specified, there is a mix of both homeowners and renters within the community.
What is it like to live in Espanola, NM?
Espanola is celebrated for its rich cultural tapestry, woven from its Native American and Spanish heritage. The community prides itself on local events that showcase traditional arts, crafts, and cuisine, contributing to a vibrant and authentic local atmosphere.
Is it easy to get around Espanola, NM without a car?
The community is served by a number of public schools, providing educational opportunities for children of various ages. Healthcare services are available to meet the needs of residents, including primary care and specialized medical services. Espanola also features a selection of retail and dining options that reflect the local culture, with initiatives in place to adapt and improve these services as the community evolves.
Transportation in Espanola, NM.
Transportation in Espanola includes a network of roads that connect residents to nearby cities and attractions. Public transit options are available, offering a practical alternative to private vehicle use. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Efforts to enhance transport efficiency and accessibility are ongoing, aiming to provide residents with improved mobility options.
Frequently Asked Questions About 614 S Riverside Dr
What is the listing price of this property?
The listing price of 614 S Riverside Dr property is $199,000.
What type of property is this?
The property 614 S Riverside Dr is land located in Espanola, New Mexico, 87532.
Is this property for sale now?
Active Listing: 614 S Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 614 S Riverside Dr in Espanola, NM and zip code 87532. This home sits on a 0.38 acre lot. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $199,000.
In October 2024, from all listings sold in Espanola, NM there were more than 1 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The number of listings in Espanola, NM increased by 2.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 37 days, the median list price was $339,000.
From Rocket Homes Real Estate and based on county public records data.