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Serrano Lane, Santa Rosa, NM 88435
$350,000
Property Type:
Farm & Ranch
Lot Size (sq. ft.):
2,564,377
Status:
Closed
Current Price:
$350,000
List Date:
4/04/2020
Last Modified:
9/14/2020
Description
This Santa Rosa, New Mexico Pecos River irrigated farm is 58.87 acres with 38.37 acres of licensed surface water rights off the Santa Rosa Swamp Ditch diverting water from El Rito Creek. Irrigation is via surface flood and gravity flow. Water rights have been appraised at $276k making the majority of the value in water. The farm has not been cultivated in a number of years and the functionality of the irrigation system is unknown. There is a barn and corrals in good condition and are currently in use. Property includes two historic residences that are not livable. This river farm is in need of TLC and could be brought back to its beautiful crop producing glory days. Santa Rosa is centrally located in NM with Albuquerque a 90 minute drive and Santa Fe 2 hours.
More Information MLS# 965841
Status Change Info
Pending Date: 2020-04-25
Closing Date: 2020-09-14
Contract Information
Listing Price: 350000
Current Price: $350,000
Status: Closed
Location
Street Name: Serrano
St Suffix: Lane
County: Guadalupe
City/Town Code: Santa Rosa
State/Province: NM
Zip Code: 88435
Directions: From Will Rogers Avenue in Santa Rosa, go south on NM 91 (S 3rd St) approximately .6 mile to Serrano Lane, turn right (SW) to the gate on the left, see my sign at the gate.
Area: 460 - Guadalupe
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Farm
House on Property: No
Included: No
Acres: 58.87
Lot SqFt: 2564377
Lot Size Source: On-Line
Apx Deeded Acres: 58.87
Subdivided: Yes
Livestock Included: No
Private Hunting: No
State Hunting: No
Title: Fee Simple
Tax & Legal Info
UPC Code: 1125047274123
Short Legal Desc: Lds of Serrano within Sec 11, T8N, R21E, and numerous City of Santa Rosa lots. 58.87 acres. See ''Documents.''
GRT Code: 24-024
Tax Exemption: No
Sales Info
Trade/Xch Considered: No
Property Features
Possession: Day of Funding
Type Lease: None
Road Frontage Type: Public Road
Ranch Water: River or Stream; Springs
Utilities: Electricity Available; Natural Gas Not Available; Phone Available; Sewer Available; Water Available
Wastewater: Public Sewer
Water Source: City Water; Private Well
Improvements: Barn; Corral; Fenced; Other Outbuildings
Docs/Data Available: Aerial Map; Deed; Plat Map; State Engineer Reprt; Survey
Timber/Mineral Right: Mineral Rts Unknown; No Timber Rights
Irrigation Source: Ditch; Irrigation Possible
Survey: Existing Report; Existing Stakes
Topography: Mostly Level
Finance Considered: Cash; Conventional
Zoning: AP
Listing Office: United Country Farm & Home
Last Updated: September - 14 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.