See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1999 State Highway 17, Chama, NM, 87520

5beds
2baths
2,074sqft
$299,000
$144price/sqft
$2,029/moest. monthly cost
$81,160/yrincome needed

About This Home

This duplex is fully rented and more than pays for itself. It has a 3 bedroom, 1 bath on the first floor and a 2 bedroom, 1 bath on the 2nd floor. The garage was recently converted to a storage room with a washer / dryer hookup, which is also rented. Exterior improvements include new stucco and paint, steel constructed stairs on the front and a newly installed roof with warranty. The property includes a half acre of land on Highway 17 in the Village of Chama and is on city utilities and natural gas. With a 1/2 acres there is room for expansion and is conveniently located between downtown Chama and the highway 64/84 intersection. Some photos show virtual staging.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

2/10
Chama Elementary SchoolGrades PK-51.3 mi
6/10

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 2,074
  • Total interior livable area: 2,074 sqft

Property

Details

  • Parcel number: 1017183166430

Lot

  • Lot size: 0.50 Acres

Parking

  • Parking features: No Garage

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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Drought
Landslide

FEMA Declared Disasters in Rio Arriba 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 $1,511$18,132
Home Insurance *$316$3,792
Property Taxes $54$648
Electricity $148$1,780
Total$2,029$24,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,565/yr
40% on housing$60,870/yr
45% on housing$54,106/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: 10.7%
10.7%
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

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 87520$299
Rio Arriba County$711

vs Homes Sold Last Month

Median $/sqft

ZIP 87520$114
Rio Arriba County$200

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)

No zestimate history available

Price History

DateEventPrice
2025-08-06Listed for sale$299,000
2025-04-24Listing removed$289,000
2025-02-20Listed for sale$289,000
2025-02-10Pending sale$289,000
2024-11-15Listed for sale$289,000
2023-03-07Listing removed--
2022-11-15Pending sale$235,000
2022-11-07Sold--
2022-08-29Pending sale$235,000
2022-08-25Listed for sale$235,000

For Sale by Agent

AgentMelissa Clark
BrokerageUnited Country - Northern New Mexico Real Estate

Similar Homes