NOT LISTED FOR SALE

243A Madrid Ave Moriarty, NM 87035

Estimated Value: $145,000 - $212,000

2 Beds
1 Bath
1,166 Sq Ft
$150/Sq Ft Est. Value

Last Sold November 24, 2021

Current estimated payment $990/month

118 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Private Yard
  • Meadow
  • Great Room
  • Double Pane Windows

About This Home

As of November 2021

Moriarty, New Mexico 5-acre horse property for sale. This is an older 2-bedroom, 1-bath home, 1166 square feet and is wood stove heated, metal roof. Property has a small horse barn, hay storage and chicken coop, fully fenced and cross fenced. I40 is about 10 minutes away for an easy 35 minute commute to Albuquerque, Santa Fe is about an hour.

Last Agent to Sell the Property

Myra Oden

United Country Farm & Home License #18855 Listed on: 05/22/2021

Last Buyer's Agent

Carmine Marotta

ReMax Western Heritage License #20618

ReMax Western Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $477

Year Built

  • Built in 1976

Lot Details

  • 5 Acre Lot
  • Dirt Road
  • East Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Landscaped
  • Meadow
  • Private Yard
  • Zoning described as RR

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,166 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • 1 Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Security Gate
  • Free-Standing Electric Range
  • Washer and Dryer Hookup
  • Property Views

Flooring

  • CRI Green Label Plus Certified Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Moriarty Elementary And Middle School
  • Moriarty High School

Utilities

  • No Cooling
  • Heating Available
  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available
  • Phone Available
  • Cable TV Not Available

Additional Features

  • Outbuilding
  • Livestock Equipment

Community Details

  • Lands Of Felderman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1050046362480000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$477

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Moriarty at Route 66 & Hwy 41 proceed south on Hwy 41 approximately 5.5 miles to Madrid Ave, turn left (east), proceed 2.3 miles and around the curve to the home on the right. See my sign.
  • Listing Contract Date: 2021-05-13
  • Year Built: 1976
  • Lot Size Acres: 5.0
  • Road Frontage Type: Public Road
  • Road Surface Type: Dirt
  • Subdivision Name: Lands of Felderman
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Interior Amenities: Wet Bar, Great Room, Main Level Master
  • Stories: 1
  • Other Equipment: Livestock Equipment
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1166.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Fully Fenced, Fence, Out Building(s), Private Yard
  • Roof: Metal
  • Fencing: Gate
  • Lot Features: Landscaped, Meadow, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Other Structures: Outbuilding
  • Property Condition: Resale

Utilities

  • Cooling: None
  • Electric: None
  • Heating: Wood Stove
  • Utilities: Cable Not Available, Electricity Connected, Phone Available, Sewer Not Available, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security Gate
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: Moriarty
  • High School: Moriarty
  • Middle Or Junior School: Moriarty

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 1050046362480000000
  • Zoning Description: RR

Tax Info

  • Tax Annual Amount: 45.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Nov 22, 2021
Sold by
Felderman Denise G
Bought by
Ridenour Frederick Michael and Ridenour Mildred Louise
Seller's Agent
Myra Oden
United Country Farm & Home
Buyer's Agent
Carmine Marotta
ReMax Western Heritage
List Price
$149,000
Current Estimated Value
$174,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$131,572
Outstanding Balance
$121,068
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$54,289
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ridenour Frederick Michael -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridenour Frederick Michael $131,572
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold -- -- --
09/17/2021 09/17/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $134,000 +3.9% $115 / Sq Ft
07/21/2021 07/21/21 Price Changed $129,000 -13.4% $111 / Sq Ft
05/22/2021 05/22/21 For Sale $149,000 -- $128 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $477 $19,152 $7,126 $12,026
2023 $464 $18,593 $6,918 $11,675
2022 $450 $18,052 $6,717 $11,335
2021 $451 $17,612 $6,553 $11,059
2020 $45 $17,594 $6,546 $11,048
2019 $425 $17,016 $5,957 $11,059
2018 $436 $16,999 $5,951 $11,048
2017 $0 $17,014 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $16,023 $5,609 $10,414
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 992675

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R002883501