10 ACRES IN RIO ARRIBA COUNTY, NEW MEXICO
See Below for Property Details
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
This property is located in the high desert in Charma Valley. The property is 2 hours to Santa Fe and the Carson National Forest.
The property is accessible via a dirt road. You may need 4×4 at certain times of the year to access the property.
Our understanding is that there is no zoning in effect here. There are about 60-70 homes in the subdivision.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist
CASH DISCOUNT PURCHASE PRICE $5,499 + $395 DOCUMENT FEE
We accept personal checks, cashier’s checks, money orders and Zelle.
SELLER FINANCING AVAILABLE
$299 down with a $299 document fee and $299 per month for 28 months at 0% APR. No prepayment penalty. No credit checks.
HOLD PRICE $25
For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.
TITLE AND USE
What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.
ABOUT RIO ARRIBA COUNTY
According to riograndenha.org, “Río Arriba County is the largest land area within the Heritage Area, and it is the least populated. The City of Española is the primary municipality in the County, although it is a relatively small community surrounded by a number of villages within the Rio Grande Valley. The County Seat is in Tierra Amarilla, but Española is the gateway to all of Northern New Mexico, opening corridors to communities along the Río Chama, the Río Grande, and the High Road to Taos. A key archaeological attraction in the area north of Española is the Mesa Prieta Petroglyph Preserve. To the northwest along the Chama River is the village of Abiquiu and the Piedra Lumbre geologic formations.”
GPS Boundary Coordinates: 36.5910911637356,-106.697042954949; 36.5923132820716,-106.698295903414; 36.592287887843,-106.69834512032; 36.5922305555747,-106.698478989141; 36.5921811422469,-106.698620037305; 36.5921395559279,-106.698768259839; 36.592105980201,-106.698923481257; 36.5920943968962,-106.698996413021; 36.5920858859452,-106.698999222559; 36.592078778281,-106.699004643137; 36.5920731106947,-106.699010324636; 36.5920668781414,-106.699017653568; 36.5920599905044,-106.699026628294; 36.5920443471103,-106.699049329046; 36.5920320417025,-106.699084269055; 36.5920239105054,-106.699117364601; 36.5920200387772,-106.699148711181; 36.5920204286796,-106.699178213815; 36.592022754717,-106.69919209122; 36.589127286279,-106.699772217836; 36.5890591777426,-106.699785863722; 36.5889225534242,-106.699719022958; 36.5889609290037,-106.699689764277; 36.5890219101507,-106.699628704532; 36.5899162965028,-106.698830307559; 36.5899251161332,-106.698818520131; 36.5899399109983,-106.698798567629
Legal Description: Subd: EL VADO LAKE Lot: 176 Unit: 1 S: 13 T: 27N R: 02E 10.00 AC
TAXES AND HOA ARE PAID AND CURRENT
Annual taxes are $108.48. Taxes have been paid through 2019 and no back taxes are owed.
Annual dues for road maintenance are $100. Dues have been paid through 2019 and no back dues are owed.
“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul
FREQUENTLY ASKED QUESTIONS
Is there water available on site? You will need to drill a well in order to access water.
Is there sewer service or do I need a septic tank? You will need to install a septic system or alternative system on site.
Is there power available? You will need to provide your own power.
Can I build a home on the lot? Yes, you can build on this lot.
Are there any improvements on the lot? No, the lot is vacant.
What kind of deed will I receive? You will a receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.
How many people can be included on the deed? You can have as many people listed on the deed as you would like.
Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.
Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur
We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!
“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist
Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.