Sold

Price Unknown

722 School St, Espanola, NM 87532

--beds

--baths

6,329sqft

Multi Family

Built in 1960

-- sqft lot

$633,200 Zestimate^®

$--/sqft

$1,518 Estimated rent

Home value

$633,200

$481,000 - $829,000

$1,518/mo

Zestimate^® history

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$1,518/mo

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$1,518/mo

Rent Zestimate^®

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What's special

Seven units, residential income property. Of the seven, six are income producing apartments and one is a vacant house, to live in or rent. All seven rentals, are on a private, quiet, enclosed lot. This compound is now available for a smart investor. All the units are individually metered. The vacant house is an adobe home that was recently renovated. The grounds are well maintained. Each unit has its own porch. Keeping the apartments occupied has been an easy task, due to the location, condition, and varied size of each dwelling. Located down a quiet west side road provides easy access to Los Alamos, Santa Fe, Taos, and Abiquiu. The interior of the apartments will be available to qualified buyers with true interest in purchasing with notice to tenants.

Facts & features

Interior

Heating

Forced Air, Natural Gas, Separate Meters

Cooling

Central Air, Refrigerated

Features

Interior Steps
Has basement: No
Has fireplace: No

Interior area

Total structure area: 6,329
Total interior livable area: 6,329 sqft

Property

Parking

Parking features: Attached, Garage
Has attached garage: Yes

Accessibility

Accessibility features: Not ADA Compliant

Features

Levels: Multi/Split

Lot

Size: 0.70 Acres

Details

Parcel number: 1046120170058
Zoning: R-1, 2, 3, 4, 5, 6
Zoning description: Residential improvement

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi-Level
Property subtype: Multi Family

Materials

Adobe, Block, Frame
Roof: Built-Up,Metal

Condition

Year built: 1960

Utilities & green energy

Electric: 220 Volts
Sewer: Public Sewer
Water: Public
Utilities for property: Other, Separate Meters, Electricity Available

Community & neighborhood

Location

Region: Espanola

Other

Other facts

Listing terms: Cash,Conventional,Other,See Remarks

Price history

Date	Event	Price
12/17/2024	Sold	--
Source: SFARMLS #202402488 Report a problem
11/15/2024	Pending sale	$750,000$119/sqft
Source: SFARMLS #202402488 Report a problem
7/3/2024	Listed for sale	$750,000$119/sqft
Source: SFARMLS #202402488 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,893 +0.5%	$108,667 +3%
2023	$2,879 +6.2%	$105,502 +3%
2022	$2,710 +13.5%	$102,430 +3%
2021	$2,387 +1.7%	$99,446 +3%
2020	$2,347	$96,550 +3%
2019	$2,347 +15.3%	$93,739 -2.6%
2018	$2,035 -5.3%	$96,200 -3.3%
2017	$2,150 -6.4%	$99,500 -3%
2016	$2,296	$102,580 -2.6%
2015	$2,296 +6.4%	$105,329 +46.6%
2014	$2,157 +52.4%	$71,852 +2.5%
2011	$1,416 +20.1%	$70,119
2009	$1,179	$70,119