$475,000
SOLD OCT 16, 2025
Last list price
2 Beds
2 Baths
1,415 Sq Ft
28,314 Sq Ft

Recently Sold

$336 Per Sq Ft

132 Days on Market

Highlights

  • 0.65 Acre Lot
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Freestanding Bathtub
  • 3 Fireplaces

About This Home

As of October 2025

Nestled in the heart of historic Madrid village and close to the County greenbelt, this unique .64-acre property offers a blend of charm and functionality. It features a 972-square-foot artistic main home, a 443-square-foot studio complete bath with shower and sink, and a bright, spacious 750-square-foot workshop. The workshop is equipped with a wood stove for heating and a mini-split system that also provides heating and cooling. The main home showcases partial adobe construction, a sunlit atrium, a two-way kiva fireplace, and a bathroom featuring a clawfoot tub. The property consists of two legally recorded lots. Both the studio and the main house open to an expansive fenced yard with secure coyote fencing, ideal for pets.

Last Agent to Sell the Property

Cynthia Sheff

Sotheby's International Realty License #39577 Listed on: 05/03/2025

Sotheby's International Realty

Co-Listed By

Michael Sanford

Barker Realty LLC License #52569

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1962

Lot Details

  • 0.65 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • East Facing Home
  • Fenced Front Yard
  • Fenced
  • Private Yard
  • Zoning described as RR-1

Parking

  • 1 Car Detached Garage
  • Heated Garage
  • Workshop in Garage

Home Design

  • Combination Foundation
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco
  • Adobe

Interior Spaces

  • 1,415 Sq Ft Home
  • Property has 1 Level
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Screened Porch
  • Free-Standing Electric Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Freestanding Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Propane
  • Co-Op Water
  • Septic Tank
  • Phone Available
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 1-042-080-201-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,240

Year Built

Built in 1962

Lot Details

0.65 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Highway 14 to Madrid Village to Cave Road (across from 10PM Studio). Cave Road to right on Backroad after arroyo. Property on left.
  • Year Built: 1962
  • Lot Size Acres: 0.65
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Co List Office Mls Id: BARK01
  • Co List Office Phone: (505) 982-9836
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Tile, Wood
  • Appliances: Dryer, Free-Standing Electric Range, Refrigerator, Washer
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Kiva, Wood Burning, Wood BurningStove
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 1415.0
  • Window Features: Thermal Windows, Vinyl, Wood Frames

Exterior Features

  • Exterior Features: Deck, Fence, Private Yard, Propane Tank - Leased
  • Roof: Metal, Pitched
  • Fencing: Front Yard, Wall
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Adobe, Frame, Stucco
  • Direction Faces: East
  • Foundation Details: Combination, Slab
  • Other Structures: Outbuilding, See Remarks
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Heated Garage, Oversized, Workshop in Garage

Utilities

  • Cooling: Ductless, Window Unit(s)
  • Heating: Ductless, Propane, Wood Stove
  • Utilities: Cable Not Available, Electricity Connected, Propane, Phone Available, Water Connected
  • Water Source: Community/Coop, Other, See Remarks
  • Laundry Features: Electric 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: 28314.0
  • Parcel #: 1-042-080-201-140
  • Zoning Description: RR-1

Tax Info

  • Tax Annual Amount: 1240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Oct 16, 2025
Sold by
Elisa Keir Family Trust and Keir Elisa Mari
Bought by
Benedetti Cristine Noel
Seller's Agent
Cynthia Sheff
Sotheby's International Realty
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$499,500
Views
144
Current Estimated Value
$433,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.64%
Original Mortgage
$145,000
Outstanding Balance
$145,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$288,483

Purchase Details

Closed on
Aug 29, 2024
Sold by
Keir Elisa
Bought by
Elisa Keir Family Trust and Keir

Purchase Details

Closed on
Jul 7, 2000
Sold by
Trujillo Raoul J
Bought by
Kelr Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
8.66%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Zarowny Todd Michael
Bought by
Trujillo Raoul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.73%

Purchase Details

Closed on
Sep 4, 1992
Sold by
Lowe Steve H
Bought by
Trujillo Raoul and Zarawny Todd M
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed -- Territorial Abstract & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Previous Owner $123,200 No Value Available
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Sold -- -- --
09/12/2025 09/12/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $475,000 -4.9% $336 / Sq Ft
05/03/2025 05/03/25 For Sale $499,500 -- $353 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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
2025 $1,267 $182,637 $34,213 $148,424
2024 $1,240 $177,318 $33,217 $144,101
2023 $1,242 $172,154 $32,250 $139,904
2022 $1,210 $167,141 $32,250 $134,891
2021 $1,187 $54,091 $11,483 $42,608
2020 $1,161 $52,516 $14,816 $37,700
2019 $1,138 $50,987 $14,569 $36,418
2018 $1,108 $49,502 $14,145 $35,357
2017 $1,070 $48,060 $13,733 $34,327
2016 $1,005 $46,660 $13,333 $33,327
2015 $851 $39,143 $13,333 $25,810
2014 $806 $37,965 $13,320 $24,645
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1083247

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 076004143

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