NOT LISTED FOR SALE

535 E Morgan Rd Hagerman, NM 88232

Estimated Value: $400,000 - $440,000

4 Beds
4.5 Baths
3,993 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 11, 2025

Current estimated payment $2,349/month

104 Days on Market

Highlights

  • Horses Allowed On Property
  • Spa
  • Wine Refrigerator
  • Hagerman Middle School Rated 9+
  • 2 Fireplaces
  • No HOA

About This Home

As of July 2025

Charming 4 bedroom home on 5-acres with luxury amenities. Nestled on a sprawling 5-acre estate, this exquisite 4-bedroom, 4.5-bathroom home offers a blend of elegance and country living. Designed for comfort and style, the property features two cozy fireplaces, a relaxing hot tub, and an arena. The pipe pens add functionality, making it ideal for horse lovers or those seeking a versatile space. Each bedroom offers ample space and natural light, ensuring a tranquil retreat. Whether you're lounging by the fireplace or enjoying the serene outdoor setting, this home provides the perfect blend of luxury and practicality. Don't miss the chance to make this extraordinary property your own!

Last Agent to Sell the Property

Tatum Mellott

Century 21 Black Gold License #REC-2024-0627 Listed on: 12/31/2024

Century 21 Black Gold

Last Buyer's Agent

Tatum Mellott

Century 21 Black Gold License #REC-2024-0627 Listed on: 12/31/2024

Century 21 Black Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 1960

Lot Details

  • 5 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,993 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Crawl Space
  • Surveillance System

Kitchen

  • Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Secondary Bathroom Double Sinks
  • Spa Bath

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Hagerman Elementary School
  • Hagerman Middle School
  • Hagerman High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4147081259522000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,623

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Directions: North on 1st street, North on Lake Arthur Highway, West on Morgan Rd
  • New Construction: No
  • Year Built: 1960
  • Prop. Type: Residential
  • Horses: Yes
  • ResoLotFeatures: Irregular Lot
  • ResoSecurityFeatures: Audio/Video Surveillance
  • ResoSpecialListingConditions: Non-Arm Length Sale (Related Par
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile, Concrete
  • Garage Yn: Yes
  • Reso Other Structures: Corral(s), Shed(s), Workshop
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning
  • Possible Use: Horses
  • Spa Features: Bath, Private
  • Private Spa: Yes
  • Appliances: Trash Compactor, Cooktop, Dishwasher, Disposal, Microwave, Built-In Range, Refrigerator, Oven, RO System, Water Heater - Two, Wine Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Bedroom/Bathroom Features: Double Sinks

Exterior Features

  • Roof: Shingle
  • Acres: 5
  • Construction Type: Brick
  • Exterior Features: Horses Allowed, Hot Tub/Sauna
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hagerman Elementary
  • Ninth Grade High School: Hagerman High School
  • Middle Or Junior School: Hagerman Middle School

Lot Info

  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres
  • Parcel #: 4147081259522000000

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3622.52

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2024
Closed on
Jul 11, 2025
Sold by
Thomas Kenneth and Thomas Patricia
Bought by
Stockton Matthew S
Seller's Agent
Tatum Mellott
Century 21 Black Gold
Buyer's Agent
Tatum Mellott
Century 21 Black Gold
List Price
$454,400
Views
54
Current Estimated Value
$420,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.05%
Original Mortgage
$357,000
Outstanding Balance
$356,400
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$63,706
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Stockton Matthew S -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockton Matthew S $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold -- -- --
04/14/2025 04/14/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $444,500 -2.2% $111 / Sq Ft
02/18/2025 02/18/25 Price Changed $454,400 0.0% $114 / Sq Ft
02/18/2025 02/18/25 For Sale $454,400 -0.1% $114 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
12/31/2024 12/31/24 For Sale $454,900 -- $114 / Sq Ft
Source: New Mexico MLS

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
2025 $1,851 $79,783 $3,167 $76,616
2024 $1,851 $77,460 $3,167 $74,293
2023 $1,634 $75,204 $3,167 $72,037
2022 $1,669 $77,527 $3,167 $74,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20247240

New Mexico MLS

APN: 4147081259522000000