Serrano Lane, Santa Rosa, NM 88435 (MLS# 965841)

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.

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