NOT LISTED FOR SALE

10 Firehouse Ln Cerrillos, NM 87010

Madrid Neighborhood

Estimated Value: $492,000 - $690,000

5 Beds
2 Baths
2,769 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2017

Current estimated payment $3,189 / mo

Highlights

  • 0.93 Acre Lot
  • Evaporated cooling system
  • Community Storage Space
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of June 2017

Located in the heart of Downtown Madrid. This is an investor dream triplex. Air BnB opportunity of longterm rentals. Property consists of a lower lower level 2 bedroom, 1 bath, kitchen unit of 1117 sq ft and an upper level 1 bedroom , 1 bath , kitchen unit of 980 sq ft. The garage was converted into a 450 sq ft studio shop with an upper level attic. Property on a private well with an excellent yield. One of the few wells in the whole town

Last Agent to Sell the Property

Will Beecher

Keller Williams Realty License #37193 Listed on: 05/16/2017

Keller Williams Realty

Last Buyer's Agent

Will Beecher

Keller Williams Realty License #37193 Listed on: 05/16/2017

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 2004

Lot Details

  • 40,511 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2,769 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Washer

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1042079163399

Community Details

Overview

  • 3 Units
  • 2,769 Sq Ft Building
  • C 2 Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 2004

Lot Details

0.93 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: Hwy 14 S to Madrid Mainstreet, take left at Mineshaft Tavern onto Firehouse Lane.
  • Year Built: 2004
  • Lot Size Acres: 0.93
  • Subdivision Name: C-2
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Microwave, Refrigerator, Washer
  • Stories: 2
  • Number Of Buildings: 2
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 5
  • Living Area: 2769.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Builder Name: unknown
  • Construction Type: Frame

Utilities

  • Cooling: Evaporative Cooling, Other, Window Unit(s)
  • Heating: Central, Forced Air, Gas
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Deck/Porch, Storage Facilities

Lot Info

  • Lot Size Sq Ft: 40511.0
  • Parcel #: 1042079163399
  • Zoning Description: C-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1349.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 13, 2017
Sold by
Richards Barbara
Bought by
Gray Denise
Seller's Agent
Will Beecher
Keller Williams Realty
Buyer's Agent
Will Beecher
Keller Williams Realty
List Price
$395,000
Current Estimated Value
$565,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Richards Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2010
Sold by
Winders Gary and First Horizon Home Loan Corpor
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 27, 2003
Sold by
Welles Caline
Bought by
Winders Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gray Denise -- Fidelity National Title Ins
Richards Barbara A -- Fidelity Natl Title Ins Co
Deutsche Bank National Trust Company -- None Available
Winders Gary E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Barbara A $167,200
Previous Owner Winders Gary E $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold -- -- --
05/16/2017 05/16/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $395,000 -- $143 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,310 $339,058 $37,077 $301,981
2024 $2,261 $329,184 $35,998 $293,186
2023 $2,305 $319,597 $34,950 $284,647
2022 $2,246 $310,289 $34,950 $275,339
2021 $2,203 $100,418 $11,663 $88,755
2020 $2,314 $104,734 $14,996 $89,738
2019 $2,381 $106,697 $14,996 $91,701
2018 $2,452 $109,544 $14,996 $94,548
2017 $1,438 $66,575 $13,733 $52,842
2016 $1,349 $64,635 $13,333 $51,302
2015 $1,321 $62,753 $13,333 $49,420
2014 $1,519 $73,550 $13,320 $60,230
Source: Public Records

Agents Affiliated with this Home

  • Will Beecher

    Seller's Agent in 2017

    Will Beecher

    Keller Williams Realty

    (505) 918-5730

    237 Total Sales

    Will Beecher
    Section Image
See All Agents

Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 891997

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 078003244

New Mexico Santa Fe County Cerrillos 87010 Madrid

10 Firehouse Ln, Cerrillos, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.