NOT LISTED FOR SALE

5 Madrid Heights Madrid, NM 87010

Estimated Value: $392,000 - $491,000

2 Beds
1 Bath
1,401 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2017

Current estimated payment $2,755 / mo

48 Days on Market

Highlights

  • Guest House
  • Custom Home
  • 2 Fireplaces
  • Sitting Area In Primary Bedroom
  • 20.7 Acre Lot
  • High Ceiling

About This Home

As of December 2017

Absolute paradise on the turquoise trail~! An amazing 20-acre property with fantastic views and its own canyon~! Only a short distance to the vibrant village of Madrid! The main house is charming, rustic, and authentic with wonderful organic lines and amazing natural light! Heavy wood and steel doors, adobe and stone, its amazing! The property includes 3 main structures including the main house, a garage with living quarters above which would make a wonderful studio, and a 3rd structure high on the hill side with stunning, sweeping, views, perfect for meditation, guests or a studio! Garden area, green house, and big portals enhance outdoor living! Experience the true soul of New Mexico is this very special property. Thanks very much for looking!!

Last Agent to Sell the Property

Ben Levine

RE/MAX SELECT Listed on: 08/18/2017

Last Buyer's Agent

Ben Levine

RE/MAX SELECT Listed on: 08/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1981

Lot Details

  • 20.7 Acre Lot
  • Dirt Road
  • Southeast Facing Home
  • Landscaped
  • Private Yard

Parking

  • 1 Car Garage
  • Workshop in Garage

Home Design

  • Custom Home
  • Pueblo Architecture
  • Pitched Roof
  • Rolled or Hot Mop Roof
  • Stucco
  • Adobe

Interior Spaces

  • 1,401 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Ceramic Tile Flooring
  • Free-Standing Gas Range
  • Washer and Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • No Cooling
  • Heating Available
  • Propane
  • Well
  • Septic Tank

Additional Features

  • Heating system powered by passive solar
  • Guest House
  • Livestock Equipment

Community Details

  • Chana Ben Dov & Timothy K One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1042080047217

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 1981

Lot Details

20.7 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From the Main road turn up cave road. Take that to Back Road and Turn right. Take that around to Waldo Mesa Road and turn Left to the driveway.
  • Year Built: 1981
  • Lot Size Acres: 20.7
  • Road Frontage Type: Public Road
  • Road Surface Type: Dirt
  • Subdivision Name: Chana Ben Dov & Timothy K One
  • Architectural Style: Custom, Pueblo
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Concrete, Tile
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Interior Amenities: Beamed Ceilings, Great Room, High Ceilings, Main Level Master, Sitting Area in Master, Walk-In Closet(s)
  • Stories: 2
  • Other Equipment: Livestock Equipment
  • Accessibility Features: None
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Custom, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1401.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Private Yard, Storage, Propane Tank - Leased
  • Roof: Pitched, Rolled/Hot Mop
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Builder Name: unknown
  • Construction Type: Adobe, Stucco
  • Direction Faces: Southeast
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Storage, Workshop in Garage

Utilities

  • Cooling: None
  • Heating: Passive Solar
  • Utilities: Propane
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Lot Size Sq Ft: 901692.0
  • Parcel #: 1042080047217
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Dec 22, 2017
Sold by
Rixe Olivier
Bought by
Albor Casey Jude D and Sanchez Jeremy
Seller's Agent
Ben Levine
RE/MAX SELECT
Buyer's Agent
Ben Levine
RE/MAX SELECT
List Price
$310,000
Current Estimated Value
$455,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$263,500
Outstanding Balance
$220,567
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$234,828

Purchase Details

Closed on
Jul 1, 2015
Sold by
Neil Timothy K O
Bought by
Rixe Olivier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Den Doy Chana
Bought by
Oneil Timothy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Albor Casey Jude D -- Old Republic National Title
Rixe Olivier -- Fidelity Natl Title Of New M
Oneil Timothy K -- Territorial Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albor Casey Jude D $263,500
Previous Owner Rixe Olivier $294,500
Previous Owner Oneil Timothy K $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold -- -- --
10/06/2017 10/06/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $310,000 -- $221 / 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 $3,638 $379,546 $78,700 $300,846
2024 $3,364 $352,624 $78,700 $273,924
2023 $1,750 $242,625 $58,031 $184,594
2022 $1,705 $235,559 $56,341 $179,218
2021 $1,672 $76,233 $18,233 $58,000
2020 $1,840 $83,280 $21,566 $61,714
2019 $1,887 $84,572 $21,566 $63,006
2018 $1,940 $86,671 $21,566 $65,105
2017 $1,800 $80,840 $23,116 $57,724
2016 $1,716 $79,711 $10,660 $69,051
2015 $477 $21,947 $10,350 $11,597
2014 $466 $21,925 $10,340 $11,585
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Ben Levine

    RE/MAX

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Map

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

MLS Number: 899872

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 076008908

New Mexico Santa Fe County Madrid 87010

5 Madrid Heights, Madrid, NM

Not Listed for Sale

Detached

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.

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