NOT LISTED FOR SALE

2871 State Highway 14 N Cerrillos, NM 87010

Madrid Neighborhood

Estimated Value: $311,000 - $394,000

2 Beds
1 Bath
1,106 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 22, 2023

Current estimated payment $2,088/month

225 Days on Market

Highlights

  • Wood Burning Stove
  • 1-Story Property
  • Heating System Uses Propane
  • Pueblo Architecture
  • High Speed Internet

About This Home

As of June 2023

A little piece of Madrid history in this home! Cozy and revovated adobe around 90 years old, just off the Main Street in Madrid. Located next to the community garden and just off the greenbelt. Beautiful vigas and tiled floors with a private courtyard just off the kitchen, with an additional outdoor space off of the main bedroom. Amazing light flows through large windows in the living room built out of the old mine tipple. Studio space is what it is all about in this gem, just off the bedrooms. This home has a well maintained roof and new electric tankless water heater. Range, washer, and dryer are new with a two year old faux vintage refrigerator. New septic system about four years ago. A pre-inspection has been completed for buyers to see. This cute little home is on one of the largest lots within Madrid and an easy stroll to both the shops and restaurants on the Main Street as well as easy access to the greenbelt. Madrid is a thriving community, that has much to offer. Come see it!

Last Agent to Sell the Property

Tara Woodruff

Keller Williams Realty License #51489 Listed on: 10/11/2022

Keller Williams Realty

Last Buyer's Agent

Lynn G Scott

Logic Real Estate License #13651

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Pueblo Architecture
  • Bungalow
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1,106 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Amy Biehl Community Elementary School
  • Milagro Middle School
  • Santa Fe High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include common areas

Listing and Financial Details

  • Assessor Parcel Number 076004172

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,997

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1967
  • Prop. Type: Residential
  • Directions: Access road is between the General Store and Moon Bow on Main Street in Madrid. Go all the way to the end of the road and park inside the fence. No internet access on property.
  • Architectural Style: Bungalow, Pueblo
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built Details: 1967
  • Special Features: None

Interior Features

  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Interior Amenities: Interior Steps
  • Living Area: 1106.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Flat
  • Disclosures: Lead Based Paint Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Propane, Wood Stove
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Amy Biehl Community
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Lot Size Acres: 0.28
  • Land Lease: No
  • Lot Size Sq Ft: 12071.0
  • Parcel #: 076004172
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jun 16, 2023
Sold by
Beyeler Jonathan D and Beyeler Adrienne M
Bought by
Comeau Dennis
Seller's Agent
Tara Woodruff
Keller Williams Realty
Buyer's Agent
Lynn G Scott
Logic Real Estate
List Price
$353,000
Sold Price
$313,500
Premium/Discount to List
-$39,500
-11.19%
Total Days on Market
225
Views
363
Current Estimated Value
$361,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,167
Avg. Annual Appreciation
7.60%
Original Mortgage
$297,825
Outstanding Balance
$291,931
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$69,736

Purchase Details

Closed on
Jun 19, 2019
Sold by
Koehler Mary Beth and Koehler David J
Bought by
Beyeler Jonathan D and Beyeler Adrienne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2000
Sold by
Koehler Mary Beth and Koehler David J
Bought by
Koehler Mary Beth and Koehler David J
Source: Public Records

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Range of Values:

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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
Comeau Dennis -- None Listed On Document
Beyeler Jonathan D -- None Available
Koehler Mary Beth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comeau Dennis $297,825
Closed Comeau Dennis $297,825
Previous Owner Beyeler Jonathan D $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold -- -- --
05/25/2023 05/25/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $338,000 -2.0% $306 / Sq Ft
04/13/2023 04/13/23 Price Changed $345,000 -2.3% $312 / Sq Ft
03/29/2023 03/29/23 For Sale $353,000 0.0% $319 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $353,000 -7.1% $319 / Sq Ft
11/10/2022 11/10/22 Price Changed $380,000 -2.6% $344 / Sq Ft
10/11/2022 10/11/22 For Sale $390,000 -- $353 / Sq Ft
Source: Santa Fe 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 $1,997 $285,526 $51,400 $234,126
2023 $1,303 $186,607 $31,400 $155,207
2022 $1,268 $181,172 $31,400 $149,772
2021 $1,242 $58,632 $11,426 $47,206
2020 $1,337 $62,504 $14,759 $47,745
2019 $620 $27,808 $14,569 $13,239
2018 $604 $26,999 $14,145 $12,854
2017 $584 $26,212 $13,733 $12,479
2016 $548 $25,449 $13,333 $12,116
2015 $537 $24,708 $13,333 $11,375
2014 $509 $23,965 $13,320 $10,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202233256

Santa Fe Association of REALTORS®

APN: 076004172