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702 N 5th St, Belen, NM, 87002

$160,000

Home List Price

$1,900*

Closing Credit

2 Bedrooms
1 Bath
1,570 SqFt
$102/SqFt
Multi

Location

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702 N 5th St, Belen$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1965
HeatingWall Furnace
CoolingNone, Ceiling Fan(s)
MLS #1074498
Lot Size0.21 Acres
StatusActive

About 702 N 5th St

Corner lot duplex with lots of potential! Improve the property, improve the rent! Both 2 bedroom, 1 bathroom units have a cozy, functional floor plan with natural lighting and ample off road parking. Easy access to Main Street, I-25, grocery and shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 1,570 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Sean Ritchel

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range
  • Basement: No
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

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  • 3D Tour: 702 N 5th St
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Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From N Main St and W Aragon Rd, east on W Aragon Rd, north on N 5th St, duplex is on the right corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $909
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Belen, NM.

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Belen, NM

City

Med. Sold Price

$278.4K

Med. Price/SqFt

$178

Avg. Days On Market

65

# of Sold Homes

13

702 N 5th St vs Belen

5 DAYS ON ROCKET

-60 Days

$160,000

-$118.4K Less

$102/SqFt

-$76 Less

KEY TAKEAWAY

This property is $118.4K less than the Median Sold Price and $76/SqFt less than other homes in Belen, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1074498

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Sean Ritchel

IDXThe 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.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$909$26,976
2019$871$26,190
2018$871$26,190
2017$865$26,158

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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.

Nearby Schools

school-card-donut-4294129
3
/10

  • Jaramillo Elementary School

  • 900 Esperanza Dr

  • 0.34 miles

  • Public District Grades PK-3

school-card-donut-4294130
4
/10

  • Rio Grande Elementary School

  • 15 Eastside School Rd

  • 1.13 miles

  • Public District Grades PK-6

school-card-donut-4294131
5
/10

  • La Merced Elementary School

  • 301 Alame Loop

  • 2.61 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. The majority of Belen, NM residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Belen, 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.

What are the common housing types in Belen, NM?

The housing landscape in Belen, Valencia, New Mexico, is characterized by a mix of single-family homes and smaller multi-unit dwellings, reflecting the area's suburban charm. Architectural styles vary, with a prevalence of Southwestern adobe homes that complement the desert environment. The market is primarily composed of single-family residences, with a homeownership rate that underscores the community's investment in long-term residency.

What are the advantages of living in Belen, NM?

Belen prides itself on its rich cultural heritage and close-knit community atmosphere. The area is celebrated for its annual events that showcase local traditions and arts, contributing to the town's vibrant character. Residents enjoy a peaceful lifestyle with access to local parks and community centers that serve as hubs for family-friendly activities.

Are essential services in Belen, NM convenient?

Belen offers a range of essential services to its residents. The educational system includes several public schools that cater to different age groups, ensuring educational opportunities for all children. Healthcare facilities are available to meet the needs of the community, with a local hospital and various clinics providing a spectrum of medical services. Retail and dining options reflect the local culture, with a selection of shops and restaurants that offer both traditional New Mexican cuisine and more diverse culinary experiences.

How do Belen, NM residents get around?

Transportation options in Belen cater to a variety of preferences, with a focus on personal vehicle use due to the suburban layout. The area features a network of roads that connect residents to nearby cities and amenities. Public transportation services are available, offering a practical alternative for commuting. The community is also making strides to enhance walkability in certain areas, promoting a more pedestrian-friendly environment.

Rocket Homes›New Mexico›Valencia County›Belen›87002›702 N 5th St

This home is located at 702 N 5th St in Belen, NM and zip code 87002. This 1,570 square foot home, which was built in 1965, sits on a 0.21 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $160,000.

In November 2024 more than 0 listings in Belen, NM were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 7 were sold below. Between October 2024 and November 2024, Belen, NM real estate market has seen decrease in the number of listings by 20.2%. In November 2024 median list price was $278,400 and the average listing age was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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