2 Grasshopper Rd Madrid, NM 87010
Madrid NeighborhoodEstimated payment $1,684/month
Highlights
- Wood Burning Stove
- 2 Fireplaces
- High Speed Internet
- Wood Flooring
- Space Heater
About This Home
HUGE 60k Price Improvement on this Opportunity in Madrid! Two homes, two addresses---2 Grasshopper and 29 Backroad. Both are one of a kind, Madrid-funky structures, of stone, wood, and metal siding, and have striking views of hillsides, mountains and town. The much-loved home and semi- industrial metal building --the "warehouse/apartment" will make great projects--live in one while you fix up or rent the other as the past owner did. Would be great for a workshop, home business, storage, garage, or rental. The County Assessor estimates the stone/wood house at 1112 sq ft and the warehouse/apartment at approx. 784 sq ft. On a treed, spacious lot with landscaped terraces and a rocky little arroyo, there's room to park and party--or just relax in the yard. Elements of Madrid's old mining (and hippie) days abound in the architecture, for example beams from the old Madrid mine building and "found objects" incorporated into the facade. Conventional electric, Madrid water membership. Nearby to everything Madrid including the tavern, dispensary, restaurants and galleries.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $648
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,000 | New Conventional |
Source: Santa Fe Association of REALTORS®
MLS Number: 202500329
APN: 076004154
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