2723 Laurens Lane, Santa Fe, NM 87507
$1,250,000
Property Type:
Residential Income
Lot Size (sq. ft.):
65,340
Status:
Closed
Current Price:
$1,250,000
List Date:
6/28/2023
Last Modified:
2/20/2024
Description
Main home and 5 rental units on a long 1.48 acre lot backing up to the Santa Fe River. NEW CITY SEWER LINE AND AGUA FRIA VILLAGE WATER LINE FOR THE WHOLE PROPERTY JUST INSTALLED, AN OVER $100K IMPROVEMENT. Existing well for watering the landscaping with 4 spickets in various spots. The main home features three levels with four bedrooms, three baths, two living rooms, dining room, finished basement, a two car garage, walled backyard, front yard, side patio, and a large redwood deck off the master bedroom that was just rebuilt. The interior features skylights, beams, tongue and groove ceilings in a herringbone pattern, and custom carved wood staircases. The finished basement contains a huge family room with a kiva fireplace, windows all around, one bedroom with a sitting area and stairwell
Supplements: to access the backyard. The large backyard has lush grass, grape vines, and fruit trees including peach, cherry, green apple, red apple, apricot. Duplex with matching 2 bed 1 bath units with front yard and fireplace. The triplex consists of a 1 bed 1 bath unit with a front yard, a 1 bed 1 bath unit with a balcony, and a 2 bed 1 bath with a two car a garage. On the property there is also a separate detached oversized one car garage. Main house is approximately 3,226 sq ft. Units in the duplex are approximately 987 sq ft each. The triplex has two 936 sq ft units and one 1,033 sq ft unit. All square footages are according to an appraisal done in 1996, buyer to verify. This property has character, large square footage, and high-income producing potential!
More Information MLS# 1037049
Status Change Info
Pending Date: 2023-11-16
Closing Date: 2024-01-09
Contract Information
Listing Price: 1250000
Current Price: $1,250,000
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 2723
Street Name: Laurens
St Suffix: Lane
County: Santa Fe
City/Town Code: Santa Fe
State/Province: NM
Zip Code: 87507
Zip +4: 3228
Geo Lat: 35.651962
Geo Lon: -106.032646
Area: 300 - City of Santa Fe
Zone Atlas: NOZA
City/County Data
UPC Code: 054139008
General Property Description
# of Units: 6
5+ Units: Yes
Units for Sale: 6
Property Sub-Type: House Plus Unit(s)
Lot Size Source: On-Line
Acres: 1.5
Lot SqFt: 65340
Directions: From Cerrillos and go north on Lopez Lane, Left on Agua Fria go .6 miles to Laurens Lane on your right.
Stories: 3
Total # of Buildings: 3
Year Built: 1978
Age: 41 - 50
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 01-001
Current Taxes: 4150.39
Tax Exemption: No
Basement
Basement: Yes
Basement Heated: Yes
Basement Finished: Yes
Basement Entry/Exit: Walkout
Basement Bedrooms: 1
Basement Rec Room: 1
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: with balcony
Approx. SqFt: 936
Actual Rent: 780
Max Rent: 780
Market Rent: 1300
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: with yard
Approx. SqFt: 936
Actual Rent: 800
Max Rent: 800
Market Rent: 1400
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1033
Actual Rent: 980
Max Rent: 980
Market Rent: 1700
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: with yard
Approx. SqFt: 987
Actual Rent: 1000
Max Rent: 1000
Market Rent: 1800
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: with yard
Approx. SqFt: 987
Actual Rent: 900
Max Rent: 900
Market Rent: 1800
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 4
# Baths: 3
Approx. SqFt: 3226
Market Rent: 3000
Unit Summary
Total Units: 6
Average Unit Size: 1350.83
Average Actual Rent: 743.33
Annualized: 53520
Total Actual Rent: 4460
Property Features
Construction: Adobe; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Balconies/Deck; Fireplace Some Units; Owners Unit
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Perimeter/Baseboard; Wall Unit
Cooling: None
Flooring: Carpet; Laminate; Wood
Green Energy Generation: None
Electric Provider: Public Utility
Metering: Master Gas; Other - See Remarks
Owner Pays: Electric; Gas; Sewer; Trash Removal; Water
Tenant Pays: No Utilities
Roof: Metal
Rental Info: Month To Month
Finance Considered: Cash; Conventional; Owner Financing
Zoning: T-Z
Tax Levy Disclosure ›Listing Office: Sun Mountain Real Estate
Last Updated: February - 20 - 2024
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.