B
Seller's Agent in 2025
Barbara Graham
Barker Realty, LLC
(505) 474-0970
7 in this area
40 Total Sales
Last list price
2 Grasshopper Rd Madrid, NM 87010
Madrid Neighborhood
2
Beds
2
Baths
1,100
Sq Ft
0.32
Acres
Highlights
- Wood Burning Stove
- 2 Fireplaces
- High Speed Internet
- Wood Flooring
- Space Heater
About This Home
As of December 2025Fix 'em up!--project opportunity in Madrid on nice view lot. Recent price improvement, too. Two homes, two addresses---2 Grasshopper and 29 Backroad, both one of a kind, Madrid-style structures, of stone, wood, and metal siding, both with striking views of hillsides, mountains and town. The much-loved home and semi- industrial metal building --the "warehouse/apartment" will make great projects! You can live in one while you fix up or rent the other as the past owner did, or use as your workshop, home business, storage, garage, etc. On a treed, spacious lot with landscaped terraces and a rocky little arroyo, there's room to park and relax in the yard. Elements of Madrid's old mining days abound: beams from the old Madrid mine building and "found objects" incorporated into the facade. The County Assessor estimates the stone/wood house at 1112 sq ft and the warehouse/apartment at approx. 784 sq ft. Conventional electric, Madrid water membership. Nearby to everything Madrid including the tavern, dispensary, restaurants and galleries, trails, ballpark, and more.
Last Agent to Sell the Property
Barker Realty, LLC License #14448 Listed on: 02/18/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 0.32 Acre Lot
Parking
- 5 Parking Spaces
Home Design
- Split Level Home
- Rock and Frame
- Metal Siding
- Flagstone
Interior Spaces
- 1,100 Sq Ft Home
- 2 Fireplaces
- Wood Burning Stove
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Amy Biehl Community Elementary School
- Milagro Middle School
- Santa Fe High School
Utilities
- No Cooling
- Space Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 76004154
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2025
Closed on
Dec 26, 2025
Sold by
Edwards Dale E and Vanmoorsel Melinda
Bought by
Ford Jason Phillip
Seller's Agent
Barbara Graham
Barker Realty, LLC
Buyer's Agent
Elayne Patton
The Agency Santa Fe
List Price
$444,000
Views
323
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
227795.32%
Purchase Details
Closed on
Mar 22, 2007
Sold by
Jacquez Patricia L and Crist Patricia L
Bought by
Edwards Dale E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | St&E | |
| Warranty Deed | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $104,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2025 12/29/25 | Sold | -- | -- | -- |
| 12/08/2025 12/08/25 | Pending | -- | -- | -- |
| 10/23/2025 10/23/25 | Price Changed | $274,500 | -1.6% | $250 / Sq Ft |
| 08/24/2025 08/24/25 | Price Changed | $279,000 | -6.7% | $254 / Sq Ft |
| 06/26/2025 06/26/25 | Price Changed | $299,000 | -11.8% | $272 / Sq Ft |
| 05/26/2025 05/26/25 | Price Changed | $339,000 | -15.0% | $308 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $399,000 | -3.6% | $363 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $414,000 | -3.5% | $376 / Sq Ft |
| 03/25/2025 03/25/25 | Price Changed | $429,000 | -3.4% | $390 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $444,000 | -- | $404 / Sq Ft |
Source: Santa Fe Association of REALTORS®
Tax History Compared to Growth
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 | $662 | $95,441 | $33,524 | $61,917 |
| 2024 | $648 | $92,662 | $32,548 | $60,114 |
| 2023 | $649 | $89,964 | $31,600 | $58,364 |
| 2022 | $632 | $87,344 | $31,600 | $55,744 |
| 2021 | $625 | $28,473 | $11,439 | $17,034 |
| 2020 | $719 | $32,548 | $14,773 | $17,775 |
| 2019 | $759 | $34,025 | $14,773 | $19,252 |
| 2018 | $792 | $35,366 | $14,773 | $20,593 |
| 2017 | $780 | $35,050 | $16,439 | $18,611 |
| 2016 | $878 | $40,795 | $14,570 | $26,225 |
| 2015 | $861 | $39,606 | $14,145 | $25,461 |
| 2014 | $816 | $38,415 | $13,720 | $24,695 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Graham
-
Elayne Patton
E
Buyer's Agent in 2025
Elayne Patton
The Agency Santa Fe
(505) 466-9600
1 in this area
17 Total Sales
Map
Source: Santa Fe Association of REALTORS®
MLS Number: 202500329
APN: 076004154
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