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$4,297  $2,788.60

0.21 acres | Recreational Zoning

This is a unique property for New Mexico, one covered in evergreen trees. It is located in the wooded foothills about 20 minutes from Chilili at an elevation of 7255 feet. To the northwest in Mount Manzano. The closest major road is Route 337 to the east of the property. Interstate 40 is about 50 minutes away. This land is just over an hour from Albuquerque. The lot currently does not have any neighbors and there is a dirt road directly to the property. Utilities will need to be alternative options as there is not any direct power, water or any septic systems. Give this rural hideaway a shot to impress you today and pick it up at this low price.

Land Specifics Foreclosed

Property Number 8275
Size 0.21 acres
Dimensions 50' X 180'
Road Access Dirt Road
Slope Description Sloped
Zoning Recreational
Zoning Code RCP (Rural Community Presservation)
Zoning Definition

RCP (Rural Community Preservation):
One Singular dwelling unit per lot, accessory uses and structures. Cultivation and harvesting allowed, following county regulations.

On Property Usage/Potential
  • Recreational
  • Timberland
  • Offthegrid
Nearby Usage
  • Farming
  • Hunting

Location

County Torrance
State New Mexico
Other Maps

Additional Information

Assessor Parcel Number (APN) R000181501
Estimated Annual Taxes $10.01
Legal Description

The following described real property in the County of Torrance, State of New Mexico. Block 2, Lot 27, within Section 2, Township 7 North, Range 6 East of the N.M.P.M. also known as the Gibson Tract, in Torrance County, New Mexico
Subject to reservations, restrictions and easements of record.

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Finance Terms

Foreclosed
Original Price $4,297
Purchase Price $2,788.60
Interest Rate 9.7%
Loan Term 2 years 6 months
Total Monthly Payment $115.85

Due Today

Cost to Bring Current $101.97
Down Payment $0.00
Document Fee $0.00
Transfer Tax $0.00
Total Due Today: $101.97

Pay in Full Terms

Foreclosed
Original Price $4,297
Purchase Price $2,788.60
Your Pay in Full Discount -$557.72
Your Price Today = $2,230.88
Document Fee + $0.00
Cost to Bring Current + $101.97
Transfer Tax + $0.00
Total Due Today $2,332.85
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