$437,000
$12K PRICE DROP

Estimated payment $2,468/month

Total Views 4,793
2 Beds
2 Baths
1,080 Sq Ft
$405 Price per Sq Ft

Highlights

  • Custom Home
  • Wood Flooring
  • Multiple Living Areas
  • Deck
  • Great Room
  • Double Pane Windows

About This Home

Authentic Magical Madrid Cottage with Creative Spaces! This sun-soaked gem blends possibility with artistic living. The upper level features a one-bedroom, one bathroom, full kitchen owner's suite with a private deck perfect for morning coffee or stargazing. Below, features a flex space like no other. Open floorplan with one bathroom and full kitchen. Great family home. With a separate entrance, the downstairs is perfect for a full-time rental or a short-term rental. Commercial space to display your unique art, local jewelry, homemade candles, local apparel, or anything your heart desires, while living upstairs and walking to enjoy all that Madrid has to offer! PLUS, lot next door is included. Perfect for additional parking or bldg. Amy Biehl Elem, Milagro Middle, SF High. YOU'RE HOME!

Listing Agent

The Peak Team

MORE Realty, Inc Listed on: 06/26/2025

Co-Listing Agent

LaDonna Keating

MORE Realty, Inc License #52218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1992

Lot Details

  • 4,090 Sq Ft Lot
  • Property fronts a highway
  • East Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Steep Slope
  • Zoning described as RC

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Masonite

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Multiple Living Areas
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Propane
  • Septic Tank
  • Phone Available

Community Details

  • Madrid Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076004084

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From ABQ - I-40 East. Exit 175 toward Cedar Crest. Travel north 28 miles. Just past the 20 MPH marker, the house is on the left. From Santa Fe - I-25 South. Exit 278 for NM-14 / Cerrillos Road. Travel south 25 miles. Just past the Village of Madrid, the house is on the right.
  • Listing Contract Date: 2025-05-27
  • Year Built: 1992
  • Lot Size Acres: 0.09
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: MORR01
  • Co List Office Phone: (505) 333-9522
  • Subdivision Name: MADRID
  • Architectural Style: Custom
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dryer, Free-Standing Electric Range, Free-Standing Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: Great Room, Living/Dining Room, Multiple Living Areas, Tub Shower
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1080.0
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Vinyl

Exterior Features

  • Exterior Features: Deck, Fence, Patio, Private Entrance, Propane Tank - Leased
  • Roof: Metal, Pitched
  • Fencing: Back Yard
  • Lot Features: None, Steep Slope, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Masonite
  • Direction Faces: East
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Ductless
  • Heating: Central, Ductless, Forced Air
  • Utilities: Electricity Connected, Propane, Phone Available, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Fee Information

  • Association Fee Includes: None

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4090.0
  • Parcel #: 076004084
  • Zoning Description: RC

Tax Info

  • Tax Annual Amount: 1096.66

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,097 $156,785 $38,813 $117,972
2023 $1,282 $177,737 $38,813 $138,924
2022 $957 $132,191 $38,813 $93,378
2021 $939 $42,781 $12,937 $29,844
2020 $939 $42,474 $12,937 $29,537
2019 $920 $41,237 $12,937 $28,300
2018 $933 $41,695 $12,937 $28,758
2017 $665 $29,852 $12,937 $16,915
2016 $538 $28,982 $13,333 $15,649
2015 $525 $28,138 $13,333 $14,805
2014 $495 $27,292 $13,320 $13,972
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $437,000 -2.7% $405 / Sq Ft
07/02/2025 07/02/25 For Sale $449,000 -- $416 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Contract Of Sale $180,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,798 Construction
Open $242,673 FHA
Closed $0 No Value Available
Source: Public Records

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

MLS Number: 1086787

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 076004084