NOT LISTED FOR SALE

2853 New Mexico 14 Madrid, NM 87010

Madrid Neighborhood

Estimated Value: $699,983

4 Beds
1 Bath
1,510 Sq Ft
$464/Sq Ft Est. Value

Last Sold February 22, 2022

Current estimated payment $4,165/month

138 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Two cooling system units
  • Wooded Lot
  • Double Pane Windows
  • Outdoor Storage

About This Home

As of February 2022

Welcome to the Turquoise Trail! Madrid's main street has been a draw since the 1920's and this one of a kind home sits right along it. This gem has been fully restored, expanded and updated. Keeping the original oak hard wood floors throughout. The large addition in the back makes for another living area or bedroom. The basement has plenty of storage space and where you'll find the washer & dryer. The cute casita is frequently booked for AirBNB and entertaining. Would make for a perfect studio or office. For the last 20 years a thriving women's retail shop has been the main function of this property. There is the option to buy the business also. Please inquiry for further details. This property is also zoned for Commercial use.

Last Agent to Sell the Property

Mark Omlor

Realty One of New Mexico License #16023 Listed on: 07/16/2021

Realty One of New Mexico

Last Buyer's Agent

Carmelo Danna

Sotheby's International Realty License #53376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1915

Lot Details

  • 9,060 Sq Ft Lot
  • East Facing Home
  • Private Entrance
  • Fenced
  • Xeriscape Landscape
  • Wooded Lot

Parking

  • 3 Carport Spaces

Home Design

  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,510 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Self-Cleaning Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • Two cooling system units
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Propane
  • Co-Op Water
  • Septic Tank

Additional Features

  • Rain Water Catchment
  • Outdoor Storage
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 1042079222526000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From i-40 East take exit 175 toward NM-14/Cedar Crest. Continue onto NM-14 N into Madrid. The property will be on the westside of the street.
  • Listing Contract Date: 2021-07-16
  • Year Built: 1915
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: RONM05
  • Co List Office Phone: (505) 883-9400
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 100+
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Basement: Interior Entry, Partial
  • Accessibility Features: None
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1510.0
  • Window Features: Double Pane Windows, Insulated Windows, Metal, Single Pane

Exterior Features

  • Exterior Features: Fence, Private Entrance, Storage, Propane Tank - Owned, Propane Tank - Leased
  • Roof: Metal, Pitched
  • Lot Features: Landscaped, Trees, Xeriscape, Alley
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Other Structures: Guest House
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 3.0

Utilities

  • Cooling: 2 Units, Window Unit(s)
  • Electric: None
  • Heating: Baseboard, Electric, Propane
  • Utilities: Electricity Connected, Propane, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Lot Size Sq Ft: 9060.48
  • Parcel #: 1042079222526000000
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Rain Water Collection, Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 934.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Feb 22, 2022
Sold by
Dunnill Linda K
Bought by
Mcquitty Patrick
Seller's Agent
Mark Omlor
Realty One of New Mexico
Buyer's Agent
Carmelo Danna
Sotheby's International Realty
List Price
$650,000
Current Estimated Value
$699,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$449,250
Outstanding Balance
$182,674
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$483,381

Purchase Details

Closed on
Apr 23, 2003
Sold by
Dunnill Linda K
Bought by
Dunnill Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1999
Sold by
Fry Adrian
Bought by
Dunnill Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcquitty Patrick -- Fidelity National Title
Dunnill Linda K -- --
Dunnill Linda K -- Titles De Santa Fe Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquitty Patrick $449,250
Previous Owner Dunnill Linda K $152,000
Previous Owner Dunnill Linda K $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold -- -- --
12/01/2021 12/01/21 Pending -- -- --
11/05/2021 11/05/21 Price Changed $599,000 -7.8% $397 / Sq Ft
11/02/2021 11/02/21 For Sale $650,000 0.0% $430 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $650,000 -6.5% $430 / Sq Ft
07/16/2021 07/16/21 For Sale $695,000 -- $460 / 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 $4,207 $441,090 $81,820 $359,270
2023 $4,817 $504,214 $81,820 $422,394
2022 $2,373 $245,355 $81,820 $163,535
2021 $2,401 $82,421 $27,273 $55,148
2020 $2,583 $88,691 $27,273 $61,418
2019 $2,462 $84,516 $27,273 $57,243
2018 $2,429 $83,385 $27,273 $56,112
2017 $2,389 $81,974 $27,273 $54,701
2016 $2,443 $86,463 $24,683 $61,780
2015 $2,435 $87,016 $24,683 $62,333
2014 $2,836 $101,898 $19,980 $81,918
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark Omlor

    Realty One of New Mexico

    (505) 450-8000

    2 in this area

    292 Total Sales

    Mark Omlor
    Section Image

  • C

    Buyer's Agent in 2022

    Carmelo Danna

    Sotheby's International Realty

See All Agents

Map

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

MLS Number: 996812

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 076003978

New Mexico Santa Fe County Madrid 87010 Madrid

2853 New Mexico 14, Madrid, NM

This home is located at 2853 New Mexico 14, Madrid, NM 87010 since 16 July 2021 and is currently estimated at $699,983, approximately $463 per square foot. This property was built in 1915. 2853 New Mexico 14 is a home located in Santa Fe County with nearby schools including Amy Biehl Community School at Rancho Viejo and Capital High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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