SOLD NOV 17, 2025

Last listed at $399,000, CLOSED ON Nov 2025

$400,428

•

1,854

sq ft

3 Olive Terrace Dr, Belen, NM 87002

About this home

A little bit of country & a lot of WOW! This beautiful Belen home is designed with comfort & style in mind. Inside, you'll find warm laminate wood floors & lighted nichos that brighten the hallways. The kitchen is a chef's delight, featuring granite countertops & a five-burner stainless steel gas stove that makes cooking a joy. Both full bathrooms are tastefully appointed with granite countertops & double sinks, offering both function & luxury. Whether entertaining guests or enjoying quiet evenings, this home provides the perfect blend of modern finishes and country charm. This exceptional property also offers a perfect blend of functionality & natural beauty. The grounds feature a mix of grass and rock landscaping, complete with a garden prep station that's ideal for the h

Single-familyProperty Type

1984Year Built

1.71 acresLot Size

$216Est. Price/Sq.Ft.

1 car garageParking

Listed by The Bader RE Team • Keller Williams Realty

Bought with K2 Omni Group • EXP Realty, LLC

Bought with Deeanna Maes • EXP Realty, LLC

Redfin checked: a few seconds ago

•Source:Southwest MLS #1091974

Redfin Estimate

$400,428

$1,428 over list price of $399K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 33% higher than the average sale price ($301K) of 6 comparable homes.

SOLD MAY 26, 2026
$333,000
A
3 beds2 baths2,117 sq ft
889 Highway 116, Bosque, NM 87006
SOLD JUL 7, 2026
$429,900
B
3 beds2 baths1,998 sq ft
1224 Silva Rd, Belen, NM 87002
SOLD APR 28, 2026
$259,000
C
3 beds2 baths1,687 sq ft
144 Sonnenberg Loop, Belen, NM 87002
SOLD JUL 30, 2026
$149,000
D
3 beds2 baths1,688 sq ft
314 Goddard Ave, Rio Communities, NM 87002
SOLD AUG 31, 2026
$255,000
E
3 beds2 baths1,856 sq ft
223 Sunrise Bluffs Dr, Belen, NM 87002
SOLD MAY 19, 2026
$379,900
F
3 beds2 baths1,914 sq ft
38 Sunset Dr, Belen, NM 87002

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,146/mo

Redfin rental estimate

List your home for rent

Market trends in 87002, NM

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.7%

+0.1% MoM

Median sale price

$285K

$2K MoM

Avg. days on market

83d

1 days MoM

Recently sold homes

6 MoM

New listings for sale

$375,000
3 beds2 baths1,503 sq ft
1103 N Mesa Rd, Belen, NM 87002
FOR SALE BY OWNER
$785,000
5 beds3 baths2,467 sq ft
3 Eli Ct, Belen, NM 87002
FOR SALE BY OWNER
$430,000
3 beds2 baths1,812 sq ft
191 Balsam Cir, Belen, NM 87002
$250,000
3 beds2 baths1,098 sq ft
215 Loma Verde Dr, Rio Communities, NM 87002
$250,000
3 beds2 baths1,187 sq ft
1 Ruben Sanchez Ln, Belen, NM 87002
$185,000
— beds— baths— sq ft
VL 0 Flora D Ct Unit E-5-18, Belen, NM 87006
$297,500
3 beds2 baths1,952 sq ft
1609 Tommy Armour Ct, Rio Communities, NM 87031
$335,000
3 beds2 baths1,997 sq ft
1021 Lee Trevino Dr, Rio Communities, NM 87002
$328,400
3 beds2 baths1,671 sq ft
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3D WALKTHROUGH
$350,000
4 beds2 baths2,415 sq ft
19556 Highway 314, Belen, NM 87002
See all

Provided by Redfin

Sale history for 3 Olive Terrace Dr

Date

Event

Price

Public Records

Nov 17, 2025

Sold

—

Southwest MLS #1091974

Nov 17, 2025

Sold

Sep 30, 2025

Pending

—

Aug 28, 2025

Listed

$399,000

$215/sq ft

Public Records

Apr 20, 2018

Sold

—

Southwest MLS #911753

Apr 20, 2018

Delisted

—

Mar 11, 2018

Pending

—

Mar 4, 2018

Price Changed

$219,000

$118/sq ft

Feb 22, 2018

Listed

$229,000

$124/sq ft

Southwest MLS #1

Jan 8, 2018

Price Changed

$229,000

$124/sq ft

Sep 18, 2017

Price Changed

$239,999

$129/sq ft

Sep 11, 2017

Price Changed

$244,999

$132/sq ft

Southwest MLS #873253

Oct 13, 2016

Delisted

—

Oct 7, 2016

Price Changed

$44,900

$24/sq ft

Sep 7, 2016

Price Changed

$49,900

$27/sq ft

Aug 27, 2016

Relisted

—

Aug 15, 2016

Delisted

—

Aug 12, 2016

Listed

$56,000

$30/sq ft

Public Records

Nov 26, 2003

Sold

—

Year

Property tax

Land + Additions

Assessment*

2025

$2,698 (+23.2%)

$17,100 + $60,720

$77,820

2024

$2,191 (+2.1%)

$17,100 + $60,720

$77,820

2023

$2,146 (+4.9%)

$17,100 + $58,453

$75,553

2022

$2,046 (+9.7%)

$17,100 + $56,253

$73,353

2021

$1,865 (+2.0%)

$17,100 + $54,117

$71,217

2020

$1,828 (+0.2%)

$17,613 + $51,530

$69,143

2019

$1,825 (+59.0%)

$17,100 + $50,029

$67,129

2018

$1,147 (+7.4%)

$17,100 + $50,029

$67,129

2017

$1,068 (+15.7%)

$8,550 + $33,085

$41,635

2016

$923 (+7.8%)

$8,550 + $33,085

$41,635

2015

$856 (−6.5%)

$9,903 + $25,380

$35,283

2014

$915 (+6.4%)

$9,903 + $24,352

$34,255

2013

$860

$9,903 + $23,355

$33,258

Tax history for 3 Olive Terrace Dr

Year

Property tax

Land + Additions

Assessment*

2025

$2,698 (+23.2%)

$17,100 + $60,720

$77,820

2024

$2,191 (+2.1%)

$17,100 + $60,720

$77,820

2023

$2,146 (+4.9%)

$17,100 + $58,453

$75,553

2022

$2,046 (+9.7%)

$17,100 + $56,253

$73,353

2021

$1,865 (+2.0%)

$17,100 + $54,117

$71,217

2020

$1,828 (+0.2%)

$17,613 + $51,530

$69,143

2019

$1,825 (+59.0%)

$17,100 + $50,029

$67,129

2018

$1,147 (+7.4%)

$17,100 + $50,029

$67,129

2017

$1,068 (+15.7%)

$8,550 + $33,085

$41,635

2016

$923 (+7.8%)

$8,550 + $33,085

$41,635

2015

$856 (−6.5%)

$9,903 + $25,380

$35,283

2014

$915 (+6.4%)

$9,903 + $24,352

$34,255

2013

$860

$9,903 + $23,355

$33,258

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.71 Acres

Year renovated

—

Sq. Ft.

—

Year built

1984

Style

Single Family Residential

County

Valencia County

APN

1006022355380000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 16, 2026.

RR-2

Rural Residential District

The purpose of the Rural Residential Districts is to provide for varying densities of rural residential development on selected lands identified in the comprehensive plan for preservation of low density rural living.; The RR Districts are intended to accommodate rural residential development at an anticipated magnitude or density level that does not require more than a very basic level of services, such as single local-road access, individual domestic wells and septic tank sewage-disposal systems, and rural fire protection. Ultimate density limitations in the RR District shall be determined by prevailing lot sizes community character, compatibility with existing uses in the district, limitations of domestic water sources, soil conditions and groundwater tables for subsurface sewage disposal, and area designations identified in the Valencia County comprehensive plan. Opportunities for small-scale or intensive farm activities compatible with low density rural residential uses shall be encouraged in the RR Districts.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Public service

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 1

Parking
Features: Detached, Garage, Garage Door Opener, Oversized

Interior

Bathroom Information
# of Full Bathrooms: 2

Room 1 Information
Bedroom 4
Level: Main
Area: 126.0
Length: 12.0
Width: 10.5

Room 2 Information
Bedroom 3
Level: Main
Area: 149.81
Length: 12.75
Width: 11.75

Room 3 Information
Bedroom 2
Level: Main
Area: 162.56
Length: 12.75
Width: 12.75

Room 4 Information
Dining Room
Level: Main
Area: 125.88
Length: 13.25
Width: 9.5

Room 5 Information
Primary Bedroom
Level: Main
Area: 208.69
Length: 15.75
Width: 13.25

Room 6 Information
Kitchen
Level: Main
Area: 105.75
Length: 11.75
Width: 9.0

Room 7 Information
Living Room
Level: Main
Area: 360.0
Length: 20.0
Width: 18.0

Laundry Information
Features: Propane Dryer Hookup, Washer Hookup, Dryer Hookup, Electric Dryer Hookup

Equipment
Appliances: Dishwasher, Free-Standing Gas Range, Microwave

Interior Features
Window Features: Double Pane Windows, Insulated Windows
Flooring: Carpet, Laminate, Tile
Other Features: Ceiling Fan(s), Dual Sinks, Great Room, Country Kitchen, Living/Dining Room, Main Level Primary, Pantry, Tub Shower

Exterior

Building Information
Stories: 1
Roof Details: Pitched, Shingle
Construction Details: Frame, Stucco
Builder Name: unknown

Exterior Features
Exterior Features: Fence, Propane Tank - Leased
Patio And Porch Features: Covered, Open, Patio
Other Structures: Barn(s), Outbuilding, Poultry Coop, Shed(s), Storage
Fencing: Back Yard, Front Yard, Gate

Green Features
Green Energy Generation: Solar

Land Information
Horses Allowed
Irrigation Source: Canal/Ditch
Current Use: Horses

Lot Information
Lot Size Acres: 1.71
Lot Dimensions Source: Public Records
Lot Size Source: Public Records
Lot Features: Lawn, Landscaped, Trees, Views
Road Surface Type: Dirt
Zoning Description: R-1

Property Information
Has View
Direction Faces: South
Resale

Financial

Tax Information
Annual Tax Amount: $2,191

Utilities

Utility Information
Utilities: Electricity Connected, Propane
Sewer: Septic Tank
Water Source: Private, Well

Heating & Cooling
Has Cooling
Cooling: Refrigerated
Has Heating
Heating: Central, Forced Air, Propane

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.71 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: —
County: Valencia County
APN: 1006022355380000000

Home facts updated by county records on Jul 16, 2026

Around this home

Schools

La Promesa Elementary School

Public PreK-6 • Assigned • 3.4mi

7/10

Belen Middle School

Public 7-8 • Assigned • 5.6mi

7/10

Belen High School

Public 9-12 • Assigned • 5.8mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

6% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 99° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Belen, NM • 87002

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 12 hours in June and 7.2 hours in December, placing it above the U.S. average for solar exposure.

12 hrs

7.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$381,000 – $461,000

Sell confidently with a local market expert in Belen. 3 minutes to get started.

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New listings for sale in 87002

$375,000

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1103 N Mesa Rd, Belen, NM 87002

FOR SALE BY OWNER

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3 Eli Ct, Belen, NM 87002

FOR SALE BY OWNER

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215 Loma Verde Dr, Rio Communities, NM 87002

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— beds— baths— sq ft

VL 0 Flora D Ct Unit E-5-18, Belen, NM 87006

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1609 Tommy Armour Ct, Rio Communities, NM 87031

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Home values near 3 Olive Terrace Dr

Data from public records.

Address	Redfin Estimate
16 Olive Terrace Rd, Belen, NM 4 Beds \| 2.5 Baths \| 2145 Sq. Ft.	$491,424

Address	Redfin Estimate

Address	Redfin Estimate

Property information provided by Southwest MLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 87002, NM

Sale history for 3 Olive Terrace Dr

Tax history for 3 Olive Terrace Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 87002

Home values near 3 Olive Terrace Dr

More real estate resources