$229,000
$11K PRICE DROP

460 Camino Cerro Chato Cerrillos, NM 87010

Estimated payment $1,343/month

Total Views 13,223
80 Acres
$2,862 Price per Acre
3,484,800 Sq Ft Lot

Highlights

  • 80 Acre Lot
  • Views
  • Lot Has A Rolling Slope
  • No HOA
  • Grass Field

About This Lot

Eighty glorious acres three miles south of Madrid off the Turquoise Trail. The views are stupendous, of the surrounding hills and the view of the valley to the west. The land is hilly but there is a plethora of building sites with views. There is a good dirt road up to the top of the first 40-acre parcel. There is no graded road beyond that. A shipping container is located on the lower 40 acres on a large mostly level spot that would be a great place to build. There are no utilities in place, and no electric in the area. It's a great place to live off grid in the splendor of solitude!

Listing Agent

Laurie Frantz

Real Broker LLC License #20588 Listed on: 06/18/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,141

Lot Details

  • 80 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned Rural Residential, rural residential

Schools

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

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Electricity Not Available
  • Well Required
  • Septic Needed

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 075253549

Community Details

Recreation

  • Outbuilding

Additional Features

  • No Home Owners Association
  • New Taxes Expense $2,320

Property Details

Property Type

Land

Est. Annual Taxes

$1,141

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Road Surface Type: Unimproved
  • Directions: From the Mine Shaft Tavern in Madrid, drive south on NM 14 3 miles, to milepost 25.4 (6/10 mile past mp 26). Turn right on Camino Cerro Chato. Drive a total of 4.4 miles on Camino Cerro Chato, but here are some notes: at 1.1 miles stay right at the fork; at 3.9 miles stay left on Camino Cerro Chato; at the corner of Camino Cerro Chato and Via Sol Estrella, clock 2/10 mile, and the northwest corner of the land is on the left, marked with a t-post fence and a line of lath. At 4.4 miles you are at the end of Camino Cerro Chato. There will be three gates in front of you. Turn left into the short driveway that has a green gate and an address of 460. There is a lockbox on the chain securing the gate. Call listing broker for code. Lockbox has a key for the master lock on the gate. This road leads all the way up to the top of the first 40 acre parcel. There is no graded road on the second 40 acres.
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Lot Features: Other, See Remarks, Views
  • View: Yes
  • Exterior Features: Out Building(s)

Utilities

  • Electric: None
  • Utilities: Other, See Remarks
  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 80.0
  • Zoning: Rural Residential
  • Topography: Rolling
  • Land Lease: No
  • Lot Size Sq Ft: 3484800.0
  • Parcel #: 075253549
  • Zoning Description: rural residential

Tax Info

  • New Taxes Expense: 2320.15
  • Tax Annual Amount: 1141.0
  • Tax Year: 2022

Map

Range of Values:

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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 $956 $100,234 $88,246 $11,988
2023 $786 $82,234 $70,246 $11,988
2022 $792 $81,868 $70,246 $11,622
2021 $446 $15,320 $12,341 $2,979
2020 $501 $17,214 $14,008 $3,206
2019 $501 $17,214 $14,008 $3,206
2018 $502 $17,214 $14,008 $3,206
2017 $764 $26,214 $23,008 $3,206
2016 $753 $26,667 $26,667 $0
2015 $746 $26,667 $26,667 $0
2014 $742 $26,674 $26,674 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Price Changed $229,000 0.0% --
07/02/2024 07/02/24 For Sale $229,000 -4.5% --
06/18/2024 06/18/24 Off Market -- -- --
06/18/2023 06/18/23 For Sale $239,900 +337.0% --
12/14/2017 12/14/17 Sold -- -- --
11/21/2017 11/21/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $54,900 -- --
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Stewart Title
Warranty Deed -- First American Title Ins Co
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202338629

Santa Fe Association of REALTORS®

APN: 990000415