$140,000
PENDING $10K PRICE DROP

29 Gipson Rd Edgewood, NM 87015

Estimated payment $757/month

Total Views 5,005
1 Bed
1 Bath
900 Sq Ft
$156 Price per Sq Ft

Highlights

  • Deck
  • 1 Fireplace
  • Window Unit Cooling System
  • Edgewood Middle School Rated A-
  • Wood Frame Window
  • Outdoor Grill

About This Home

Investor Special in Edgewood, NM! Don't miss this opportunity to own a 2-bedroom, 1-bathroom home sitting on a 2 acre lot in the quiet community of Edgewood. This property offers tons of potential for renovation

Listing Agent

K2 Realty Group

EXP Realty, LLC License #50525,20817 Listed on: 09/11/2025

Co-Listing Agent

Gladys Delgado

EXP Realty, LLC License #REC20240480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $215

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • East Facing Home

Home Design

  • Metal Roof

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Sliding Windows
  • Wood Frame Window
  • Vinyl Flooring
  • Propane Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Window Unit Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Propane
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1037049311424000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$215

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Driving on I-40 E, take exit 175 onto NM-337, NM333 toward Tijeras.Turn right onto 337, drive 12 miles and turn left on 217. drive 1.7 miles to Martinez Rd, drive 1.6 miles and take right on Gibson. The home is on the right.
  • Year Built: 1985
  • Lot Size Acres: 0.5
  • Co List Office Mls Id: K2OG01
  • Co List Office Phone: (505) 750-2837
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 900.0
  • Window Features: Sliding, Wood Frames

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Propane Tank - Owned
  • Roof: Metal
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Utilities

  • Cooling: Window Unit(s)
  • Heating: Pellet Stove
  • Utilities: Electricity Connected, Propane
  • Water Source: Private
  • Laundry Features: Electric Dryer Hookup, Propane Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1037049311424000000
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 215.06

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $215 $10,549 $4,038 $6,511
2023 $208 $10,241 $3,920 $6,321
2022 $248 $9,943 $3,806 $6,137
2021 $199 $9,710 $3,717 $5,993
2020 $198 $9,700 $3,713 $5,987
2019 $184 $9,372 $3,379 $5,993
2018 $189 $9,363 $3,376 $5,987
2017 $0 $9,371 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $8,733 $3,089 $5,644
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2025 11/08/25 Pending -- -- --
10/07/2025 10/07/25 Price Changed $140,000 -6.7% $156 / Sq Ft
09/11/2025 09/11/25 For Sale $150,000 -- $167 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

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

MLS Number: 1091234

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R000935201

New Mexico Torrance County Edgewood 87015

29 Gipson Rd, Edgewood, NM

Pending

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.

Nearby Homes
Listing Agent
K2 Realty Group
Section Image
EXP Realty, LLC
(505) 871-4517