4237 Nm 605 Milan, NM ^$ 2,300,000

4237 Nm 605

^$ 2,300,000

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4237 Nm 605

Milan, NM, 87021

^$ 2,300,000

Studio Baths0.0 Sq 600

Monthly Estimate*

^$ 15,287

Studio

Farms/Ranches for sale in Milan, NM

for $2,300,000. This 600 square foot property was built on a lot size of 488.49.

Sprawling landscape and views of the faraway mountains and buttes on this 488.5 acre ranch. Small two-bedroom adobe home was built by the current owner in 1985, in whose family this property has been for almost a century. The home is modest but comfortable, with wood heat and a wood-fired cook stove. There are also a corral, a 40x40x8 shipping container for hay, a two-truck carport, and two nice wooden storage sheds. Brand new well with RO system and pressure tank in another storage shed with electricity and septic tank. The whole property is fenced. 15 miles from Milan; about 18 miles from Grants. Address is San Mateo, NM.

Farms/Ranches Active

Price

^$ 2,300,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

^$ 98

Style

Ranch

Lot Size

488.49

Town/City

Milan

County/Region

Cibola

MLS | Web ID

1037234

Features

General

Sewer SepticTank

Utilities ElectricityConnected Propane SewerConnected

Possession ClosingFunding

Exterior Features PropaneTankLeased

Topography Level

Property SubType Ranch

Percent Ownership Fee Simple

County Cibola

New Construction N

Property Type Farm

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Other Structures Corrals GrainStorage Outbuilding Residence

Status Active

Directions Take the I-25 exit for Milan (exit 79 - Horizon Boulevard). Turn right to where the road dead-ends at NM 122. Turn left on 122 and drive less than a mile to NM 605; turn right. Drive 14.8 miles on NM

City Milan

Disclosures LeadBasedPaintDisclosure RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description A-1

MLS Area 530 - McKinley

Lot Size Square Feet 21278712.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Nm 605

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 98.86

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 229

Lease Type None

Standard Status Active

Property Sub Type Additional Ranch

Lease Amount 0.0

Legal Description ALL OF 14 13 09 LOCAT3ED NO. OF ST. HWY. 53 CONT. 488.492 ACS

Exterior

Fencing Fenced

Water Source Private Well

Spa N

Building Area Total 600.0

Lot Size Acres 488.49

Road Surface Type Paved

Lot Size Source PublicRecords

Road Frontage Type PublicRoad

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

* Excluded Features

List By

Laurie Frantz

Listing Agent

Keller Williams Realty

Broker

lauriefrantz@gmail.com

Affordability Calculator

$15,295

Per Month

Monthly Principal & Interest: $15,287
Monthly Property Taxes: $8
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Farm listings in Milan, NM

Average List Price ^$2,300,000

Percent of Sale Price 0%

About Milan, NM

3,192 Population

44% Since 2002

^$38,363 Median Income

37.58 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/30/2023	$2,300,000		Listed Price

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4237 Nm 605, Milan, NM, 87021 is a Farms/Ranches for sale at $2,300,000 with 600 sqft and a lot size of 488.49. 4237 Nm 605 is a studio with 0.0 baths. The property's zip code is 87021 which is in Milan, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/11/2024.

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4237 Nm 605

Farms/Ranches for sale in Milan, NM

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