NOT LISTED FOR SALE

2884 State Highway 14 N Cerrillos, NM 87010

Madrid Neighborhood

Estimated Value: $355,000 - $429,000

2 Beds
1 Bath
1,360 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 29, 2022

Current estimated payment $2,216/month

15 Days on Market

Highlights

  • Waterfront
  • Office or Studio
  • Tile Flooring
  • Wood Burning Stove
  • Bungalow
  • 4-minute walk to Oscar Huber Memorial Ball Park

About This Home

As of April 2022

On Main Street in historic Madrid! Perched above the street on the North side of town. Spacious, sunny and versatile 2 bedroom, 1 bath home with a detached studio in the back and also an outbuilding. Lot's of space in this house! Front sunroom has been used as a gallery. Updated kitchen with gas stove, stainless steel fridge, brand new butcher block countertops and open shelving. Open living area and dining space/sunroom with wood stove. Large walk in closet, attic space and large utility room with laundry sink and washer. Fully redone bathroom with skylights and soaking tub. Propanel metal roof, state approved septic system installed in 2016, hot water heater less than 3 years old as well as plumbing. All double pane windows. Studio/guesthouse in back has new roof, electric and is heated. Steep terraced backyard with steps up to back alley. Outdoor seating area above house with picturesque views of town and the mountains. Off street parking in back for two smaller size cars as well as old outbuilding that is used for storage. Even though it is located in town, it is a very private and serene setting since the house is located above the street with steps leading up to it. Views of town and mountains from above outdoor seating are and magical dark starlit skies at night.

Last Agent to Sell the Property

Steve Hardy

Hardy & Company License #18026 Listed on: 02/28/2022

Last Buyer's Agent

Carlos Gutierrez-Pacheco

Keller Williams Realty License #54089

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1940

Lot Details

  • 7,217 Sq Ft Lot
  • Waterfront

Home Design

  • Bungalow
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Washer

Kitchen

  • Oven
  • Range
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Office or Studio

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Water Purifier
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 076004012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,034

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Prop. Type: Residential
  • Horses: No
  • Directions: In Madrid on the north side of town across from the general store.
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator, Water Purifier, Washer, ENERGY STAR Qualified Appliances
  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Interior Steps
  • Living Area: 1120.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Metal
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Studio/Office

Garage/Parking

  • Parking Features: None

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 0.17
  • Land Lease: No
  • Lot Size Sq Ft: 7217.0
  • Parcel #: 076004012
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Tax Info

  • New Taxes Expense: 2195.17
  • Tax Annual Amount: 1034.43
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Martin Christopher H
Bought by
Mcdonalda Karen
Current Estimated Value
$388,536

Purchase Details

Listed on
Feb 28, 2022
Closed on
Apr 29, 2022
Sold by
Capellini Tama Joan
Bought by
Walker William R and Martin Christopher H
Seller's Agent
Steve Hardy
Hardy & Company
Buyer's Agent
Carlos Gutierrez-Pacheco
Keller Williams Realty
List Price
$333,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$344,705
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Mar 16, 2016
Sold by
Fannie Mae
Bought by
Capellini Tama Joan

Purchase Details

Closed on
Jan 27, 2003
Sold by
Higgins Jean M
Bought by
Kasper Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.96%

Purchase Details

Closed on
Oct 18, 2000
Sold by
Higgins Jean M and Fonda Jean Higgins
Bought by
Higgins Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.95%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Old Standard Life Insurance Company
Bought by
Higgins Jean M and Fonda Jean Higgins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.7%
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
Mcdonalda Karen -- None Listed On Document
Walker William R -- New Title Company Name
Capellini Tama Joan -- Stewart Title
Kasper Matthew S -- --
Higgins Jean M -- Titles De Santa Fe Inc
Higgins Jean M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker William R $344,705
Previous Owner Kasper Matthew S $139,500
Previous Owner Higgins Jean M $103,000
Previous Owner Higgins Jean M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold -- -- --
03/15/2022 03/15/22 Pending -- -- --
03/08/2022 03/08/22 Off Market -- -- --
02/28/2022 02/28/22 For Sale $333,000 -- $245 / 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 $1,875 $286,003 $38,989 $247,014
2023 $1,883 $279,109 $38,989 $240,120
2022 $1,059 $152,230 $38,989 $113,241
2021 $1,037 $49,266 $12,996 $36,270
2020 $1,034 $48,811 $12,996 $35,815
2019 $1,013 $47,390 $12,996 $34,394
2018 $1,047 $48,768 $12,996 $35,772
2017 $1,041 $48,768 $12,996 $35,772
2016 $540 $25,074 $13,333 $11,741
2015 $529 $24,344 $13,333 $11,011
2014 $501 $23,611 $13,320 $10,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202200586

Santa Fe Association of REALTORS®

APN: 076004012