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632 Elko Ave, Grants, NM, 87020

4beds
2baths
2,000sqft
$252,500
$126price/sqft
$1,685/moest. monthly cost
$67,400/yrincome needed

About This Home

Well-maintained 4 bedroom, 2 bath home offering approximately 2,000 sq ft of comfortable living space in an established Grants neighborhood! This home offers a functional layout with multiple living and dining spaces, including a bright and inviting sunroom that adds flexibility for everyday living or entertaining. The kitchen features beautiful custom cabinetry, granite countertops, and stainless steel appliances that stay with the home. You’ll also appreciate the spacious laundry room, generous room sizes, and the overall care this property has received over the years. Additional highlights include a finished oversized 2-car garage with great space for storage, hobbies, or a workshop setup, a covered back porch, and a block/stucco finished fenced backyard. Important updates include a furnace that is approximately 1 year old and the main roof replaced approximately 5 years ago. If you’ve been looking for a home with space, character, functionality, and pride of ownership, this one is definitely worth a look!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
3/10
4/10
Grants High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Slab
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Free-Standing Range,Refrigerator,Washer,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s)
  • Window features: Double Pane Windows,Blinds
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 2,000 sqft

Property

Details

  • Parcel number: 2054062453302

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio Covered
  • Exterior features: Dog Run
  • Fencing: Back Yard

Lot

  • Lot size: 8,276 sqft
  • Features: Sprinklers In Front

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in Cibola County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,276$15,312
Home Insurance *$163$1,956
Property Taxes $98$1,176
Electricity $148$1,780
Total$1,685$20,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,771/yr
40% on housing$50,550/yr
45% on housing$44,933/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 87020$100
Cibola County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 87020$111
Cibola County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$279,000
2026-04-08Listed for sale$297,000

For Sale by Agent

AgentHeather Porter
BrokerageRe/Max Elegance

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