NOT LISTED FOR SALE

704 Elm St Magdalena, NM 87825

Estimated Value: $185,000 - $323,862

2 Beds
1 Bath
1,233 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 31, 2021

Current estimated payment $1,356/month

319 Days on Market

Highlights

  • Guest House
  • Wood Burning Stove
  • Outdoor Fireplace
  • Magdalena Middle School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2021

Tranquil oasis: a wonderfully maintained 1233 sq. ft. main home, and a 483 sq. ft. guest cottage with a private front courtyard, fenced, private back yard, inviting outdoor fireplace, gurgling pond, mature landscaping, and stunning mountain views. The main house has a warm, inviting, open kitchen and dining area, bright living room w/ gas fireplace and loft, two bedrooms, and a 3/4 bath. Guest cottage has an open floor plan, full bath with clawfoot bathtub and shower, and a bedroom with doors opening to magnificent mountain views. A sanctuary within the Village of Magdalena; relax in the courtyard, watch spectacular New Mexico sunsets, and enjoy black skies, perfect for stargazing! There are many possibilities for this hidden gem; one of a kind and move-in ready!

Last Agent to Sell the Property

Cynthia Welton

Realty One of New Mexico License #50707 Listed on: 09/02/2020

Realty One of New Mexico

Last Buyer's Agent

Cynthia Welton

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1930

Lot Details

  • 6,969 Sq Ft Lot
  • East Facing Home
  • Fenced Front Yard
  • Fenced
  • Xeriscape Landscape
  • Corner Lot
  • Wooded Lot
  • Private Yard
  • Garden

Home Design

  • Bungalow
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,233 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Sliding Windows
  • Sliding Doors
  • Open Floorplan
  • Loft
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Country Kitchen
  • Free-Standing Electric Range
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Covered Courtyard
  • Separate Outdoor Workshop
  • Outdoor Storage

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Propane
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 0121160009

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 to Socorro, Exit 147 or 150. Take Highway 60 WEST 30 miles to Magdalena. Turn left onto Elm Street (across from Fire Dept) and go seven blocks. 704 will be on your right.
  • Listing Contract Date: 2020-09-01
  • Year Built: 1930
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 81 - 99
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Brick, Tile, Wood
  • Appliances: Dryer, Free-Standing Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: Beamed Ceilings, Bookcases, Ceiling Fan(s), Family/Dining Room, High Speed Internet, Country Kitchen, Loft, Living/Dining Room, Main Level Master, Shower Only, Separate Shower
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Glass Doors, Gas Log, Outside
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1233.0
  • Window Features: Double Pane Windows, Insulated Windows, Sliding, Vinyl

Exterior Features

  • Exterior Features: Courtyard, Fence, Privacy Wall, Private Yard, Storage, Propane Tank - Owned
  • Roof: Metal, Pitched
  • Fencing: Front Yard
  • Lot Features: Corner Lot, Garden, Landscaped, Trees, Views, Xeriscape, Alley
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Block, Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Utilities

  • Cooling: None
  • Electric: None
  • Heating: Central, Electric, Forced Air, Wood Stove
  • Utilities: Electricity Connected, Propane, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Lot Info

  • Lot Size Sq Ft: 6969.0
  • Parcel #: 0121160009
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 921.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Aug 30, 2021
Sold by
Romkey Bryan
Bought by
Rush Gwen
Seller's Agent
Cynthia Welton
Realty One of New Mexico
Buyer's Agent
Cynthia Welton
Realty One of New Mexico
List Price
$245,000
Current Estimated Value
$230,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.30%
Original Mortgage
$165,000
Outstanding Balance
$150,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,358

Purchase Details

Listed on
Sep 2, 2020
Closed on
Aug 26, 2021
Sold by
Rush Gwendolyn
Bought by
Waites Wendy Lynn and Simmons Joseph Edward
Seller's Agent
Cynthia Welton
Realty One of New Mexico
Buyer's Agent
Cynthia Welton
Realty One of New Mexico
List Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$150,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,358
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rush Gwen -- New Mexico Land & Title
Waites Wendy Lynn -- New Mexico Land & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waites Wendy Lynn $165,000
Previous Owner Romkey Bryan M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold -- -- --
07/18/2021 07/18/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $265,000 +8.2% $215 / Sq Ft
09/02/2020 09/02/20 For Sale $245,000 -- $199 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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
2024 $1,118 $40,434 $2,414 $38,020
2023 $1,142 $39,257 $2,414 $36,843
2022 $1,100 $38,113 $2,414 $35,699
2021 $963 $33,527 $2,414 $31,113
2020 $935 $32,550 $2,603 $29,947
2019 $917 $32,012 $3,821 $28,191
2018 $922 $96,130 $11,473 $84,657
2017 $956 $101,565 $11,473 $90,092
2016 $212 $28,768 $7,957 $20,811
2011 $157 $8,350 $2,652 $5,698
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 976174

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R012932