NOT LISTED FOR SALE

2821 New Mexico 14 Madrid, NM 87010

Madrid Neighborhood

Estimated Value: $298,000 - $351,000

1 Bed
1 Bath
735 Sq Ft
$454/Sq Ft Est. Value

Last Sold November 02, 2023

Current estimated payment $2,092/month

10 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Covered Courtyard
  • Home Office
  • Beamed Ceilings
  • Ductless Heating Or Cooling System

About This Home

As of November 2023

Come visit the creative community of Madrid, home to over 40 shops, galleries, and restaurants. This beautiful home was totally renovated in 2016, has an abundance of natural light, tongue and groove ceilings accented with gorgeous pealed vigas, and an open floor plan. Granite counter tops in the kitchen, Carrera marble tile in the spa-like bathroom, laminate flooring installed in 2023, mini-spilt units and Aquasana whole home water filtration system are few of the of the amenities you will enjoy. Outside is a converted shipping container that is fully insulated with electricity, a small kitchen and refrigerated air that is perfect art studio or office. Schedule your visit today!

Last Agent to Sell the Property

Adrianne Baird

Keller Williams Realty Listed on: 09/15/2023

Keller Williams Realty

Last Buyer's Agent

Adrianne Baird

Keller Williams Realty Listed on: 09/15/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,162

Lot Details

  • 4,225 Sq Ft Lot
  • Property fronts a highway
  • North Facing Home
  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Stucco
  • Adobe

Interior Spaces

  • 735 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Vinyl Clad Windows
  • Home Office
  • Utility Room
  • Laminate Flooring
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Net Metering or Smart Meter
  • Propane
  • Co-Op Water
  • Septic Tank
  • Cable TV Available

Community Details

  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1042079110361000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,162

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: E on I-40, Exit 175 toward NM-14/Cedar Crest, Merge onto NM-333 E/U.S. Rt. 66, N on NM-14, House on L
  • Listing Contract Date: 2023-09-13
  • Lot Size Acres: 0.1
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Appliances: Dryer, Free-Standing Gas Range, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Home Office, Main Level Master, Cable TV, Utility Room
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 735.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Courtyard, Fence, Private Yard, Propane Tank - Owned
  • Roof: Flat
  • Fencing: Back Yard, Wall
  • Lot Features: Landscaped, Planned Unit Development
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Open, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Ductless
  • Electric: Net Meter
  • Heating: Ductless
  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association Fee Frequency: Annually
  • Association: Yes

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4225.0
  • Parcel #: 1042079110361000000
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1161.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 26, 2023
Sold by
Dahl Margaret C
Bought by
Nix Patricia Marquez
Seller's Agent
Adrianne Baird
Keller Williams Realty
Buyer's Agent
Adrianne Baird
Keller Williams Realty
List Price
$345,000
Views
27
Current Estimated Value
$357,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$331,386
Outstanding Balance
$326,710
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$27,257

Purchase Details

Closed on
Jul 11, 2019
Sold by
Stapes Judith Hall
Bought by
Dahl Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2018
Sold by
Halbert Jennifer P
Bought by
Stapes Judith Hall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2016
Sold by
Taylor Steve and Regan Tracy
Bought by
Halbert Jennifer P

Purchase Details

Closed on
Feb 19, 2014
Sold by
Fannie Mae
Bought by
Taylor Steve and Ragan Tracy

Purchase Details

Closed on
Sep 23, 2012
Sold by
Beck Philip
Bought by
Metlife Home Loans

Purchase Details

Closed on
Oct 30, 2003
Sold by
Sudborough Renee
Bought by
Beck Philip and Beck Joannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,680
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1999
Sold by
Summers Rena M and Papagiannis Rena Marie
Bought by
Love Francis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.83%
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
Nix Patricia Marquez -- Fidelity National Title
Dahl Margaret C -- None Available
Stapes Judith Hall -- Santa Fe Title
Halbert Jennifer P -- None Available
Taylor Steve -- None Available
Metlife Home Loans -- None Available
Beck Philip -- --
Love Francis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nix Patricia Marquez $331,386
Previous Owner Dahl Margaret C $168,000
Previous Owner Stapes Judith H $11,000
Previous Owner Stapes Judith Hall $132,000
Previous Owner Beck Joannah E $36,000
Previous Owner Beck Philip $140,000
Previous Owner Beck Philip $130,680
Previous Owner Love Francis A $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold -- -- --
09/29/2023 09/29/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $345,000 -- $469 / 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 $1,704 $243,659 $38,909 $204,750
2023 $1,192 $165,316 $38,909 $126,407
2022 $1,162 $160,502 $38,909 $121,593
2021 $1,140 $51,943 $12,969 $38,974
2020 $1,148 $51,943 $12,969 $38,974
2019 $1,124 $50,367 $12,969 $37,398
2018 $996 $44,518 $12,969 $31,549
2017 $991 $44,518 $12,969 $31,549
2016 $741 $34,402 $13,333 $21,069
2015 $726 $33,400 $13,333 $20,067
2014 $541 $25,487 $13,320 $12,167
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1041546

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 076004085