Mostly level 1 acre parcel. No utilities on the property. Recorded access easement is in place for legal access throught the neighboring property but has not been established . Please see Plat in Documents. Irrigation may be possible with MRGCD Leased water. Water would have to be applied for each year in February. Additional 1 acres parcel available see MLS # 1070544
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 865-5500
Listing Agent: Marjorie K Martin
Lot Features
Lot Information:
Lot Size: 1.00 Acres
Other
Directions Information:
Directions: From Hwy 47 And N El Cerro Loop (NM 263) Go East on N El Cerro Loop approx 0.43 miles to the dirt drive on the east side of 57 El Cerro Loop. North on dirt drive past the 1st house. Please see map in photos for exact location of parcel
Price Information
Listing Price Info
Price Summary:
List Price: $48,000
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 Los Lunas, NM.
This property is $264.8K less than the Median Sold Price in Los Lunas, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1070542
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 865-5500
Listing Agent: Marjorie K Martin
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.
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.
$307
Per Month
Principal & Interest
$240
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
$210
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
5
/10
Valencia Elementary School
111 Monica Rd
Distance between this listing and this school0.75 miles
Public District Grades PK-6
5
/10
Los Lunas Elementary School
800 Coronado Rd
Distance between this listing and this school1.90 miles
Public District Grades PK-6
5
/10
Ann Parish Elementary School
112 Meadow Lake Rd
Distance between this listing and this school2.25 miles
Public District Grades PK-6
Nearby Schools
5
/10
Los Lunas Middle School
220 Luna Rd NE
Distance between this listing and this school2.37 miles
Public District Grades 7-8
3
/10
Valencia Middle School
22 Marlink
Distance between this listing and this school4.56 miles
Public District Grades 7-8
5
/10
Central Elementary School
600 W Picard Ave
Distance between this listing and this school10.23 miles
Public District Grades 4-6
Nearby Schools
2
/10
Century Alternative High School
32 Sun Valley Rd
Distance between this listing and this school0.89 miles
Public District Grades 9-12
6
/10
School of Dreams Academy
1800 Main St NE Bldg 200
Distance between this listing and this school1.21 miles
Public Charter Grades 7-12
5
/10
Los Lunas High School
1776 Emilio Lopez Rd
Distance between this listing and this school3.78 miles
The neighbors living near this home have an average income of $60,897. Typical income of Los Lunas, NM residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Los Lunas, 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 Los Lunas, NM.
Los Lunas offers a diverse range of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with a mix of Southwestern, Pueblo-style, and contemporary homes reflecting the region's cultural heritage and modern growth. The housing market is characterized by a blend of older homes and new developments, catering to a variety of preferences and budgets.
What is it like to live in Los Lunas, NM?
Los Lunas is celebrated for its small-town charm and close-knit community atmosphere. The area prides itself on its cultural events, including the annual Fourth of July Parade and the Valencia County Fair, which showcase the town's rich traditions and community spirit. The scenic beauty of the surrounding landscape, along with local parks and trails, contributes to the town's tranquil and inviting character.
Is it easy to get around Los Lunas, NM without a car?
The community is served by a number of public schools, offering educational opportunities from elementary to high school levels. Healthcare services are available, with local clinics and a regional hospital providing a range of medical care. Los Lunas also features a public library, contributing to the educational resources of the town. Retail and dining options reflect the local Southwestern culture, with a selection of shops and restaurants that cater to both residents and visitors.
Transportation in Los Lunas, NM.
Transportation in Los Lunas includes a network of roads that connect residents to nearby cities and attractions. The town's layout supports private vehicle use, with public transit options available to serve the community. While ride-sharing services are present, the area's walkability varies, with some neighborhoods being more pedestrian-friendly than others. Plans for enhancing transportation infrastructure are aimed at improving connectivity and accessibility for residents.
Frequently Asked Questions About 63 N El Cerro Loop
What is the listing price of this property?
The listing price of 63 N El Cerro Loop property is $48,000.
What type of property is this?
The property 63 N El Cerro Loop is land located in Los Lunas, New Mexico, 87031.
Is this property for sale now?
Active Listing: 63 N El Cerro Loop 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 63 N El Cerro Loop in Los Lunas, NM and zip code 87031. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $48,000.
In September 2024, from all listings sold in Los Lunas, NM there were more than 4 sold above asking price, over 6 sold below and more than 15 were sold right at the asked price. The inventory of homes for sale in Los Lunas, NM between August 2024 and September 2024 decreased by 19.7%. Listings spent 28 days on the market in September 2024, and had a median list price of $312,803 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
NASCAR
NASCAR
Extreme Sports
Figure Skating
Dollar General
Academy Sports & Outdoors
Kmart
Cracker Barrel
Little Caesars
Bob Evans
Ram
Chevrolet
Buick
Classic Country
Oldies