This beautiful home is located right across from the historic Cumbres and Toltec Scenic Railroad in heart of downtown Chama. Originally built by the current owners in 1993, this home sits on a decent sized lot with access from the state road in front or the back of the home. There is a detached 2 car garage with plenty of space to park the vehicles or your summer and winter toys. Chama is well known for the scenic train rides, gorgeous New Mexico sunsets and all the outdoor activities you leave the city to enjoy. Just a short walk from the train, shops and restaurants, this home is perfectly located as your primary residence, get away treasure or rental property. Chama is just 45 miles from Pagosa Springs, Colorado or about an hour and a half from Santa Fe, New Mexico.
For sale
Price cut: $14.9K (9/19)
$195,000
247 Terrace Ave, Chama, NM 87520
3beds
2,174sqft
Single Family Residence
Built in 1993
9,583 Square Feet Lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
Decent sized lot
- 96 days
- 736
- 42
Zillow last checked:
Listing updated:
Listed by:
Matthew Gallegos 575-209-1751,
Rooted Realty Co. 505-702-2961
Source: New Mexico MLS,MLS#: 26000057
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Partial bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Laundry: Electric Dryer Hookup
Features
- Other
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,174
- Total interior livable area: 2,174 sqft
- Finished area above ground: 2,174
Property
Parking
- Total spaces: 2
- Parking features: Garage, Open
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Exterior features: Other
- Fencing: Back Yard,Front Yard
Lot
- Size: 9,583 Square Feet
- Topography: Back Yard, Front Yard
- Residential vegetation: Native/Natural
Details
- Parcel number: 1 017 184 332 450
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Metal
Condition
- Year built: 1993
Utilities & green energy
- Water: Water - City
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: ORIGINAL TOWNSITE OF CHAMA
HOA
- Has HOA: No
Location
- Region: Chama
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $120,910
- Annual tax amount: $834
- Date on market: 7/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Oven, Refrigerator
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,293/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Price change | $195,000-7.1%$90/sqft |
Source:  New Mexico MLS #26000057 Report a problem | ||
| 8/15/2026 | Price change | $209,900-6.7%$97/sqft |
Source: New Mexico MLS #26000057 Report a problem | ||
| 8/1/2026 | Price change | $225,000-10%$103/sqft |
Source: New Mexico MLS #26000057 Report a problem | ||
| 7/4/2026 | Listed for sale | $250,000$115/sqft |
Source: New Mexico MLS #26000057 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $834 -6.8% | $40,303 +3% |
| 2024 | $896 +32.7% | $39,130 +32.2% |
| 2023 | $675 +14.9% | $29,598 +3% |
| 2022 | $587 +14.4% | $28,735 +3% |
| 2021 | $513 +8.8% | $27,899 |
| 2020 | $472 | $27,899 +3% |
| 2019 | $472 -9.3% | $27,087 +0.2% |
| 2018 | $521 -5.1% | $27,046 -2.7% |
| 2017 | $549 -2.9% | $27,794 -1.3% |
| 2016 | $565 | $28,167 -2.6% |
| 2015 | $565 +1.2% | $28,915 -4% |
| 2014 | $558 +2.4% | $30,120 +16% |
| 2011 | $545 +15.9% | $25,972 |
| 2009 | $470 | $25,972 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87520
Nearby schools
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
