$475,000
$125K PRICE DROP

8 Overlook Way Magdalena, NM 87825

Estimated payment $2,707/month

Total Views 14,053
3 Beds
2 Baths
2,420 Sq Ft
$196 Price per Sq Ft

Highlights

  • Solar Power System
  • 20.02 Acre Lot
  • Wood Burning Stove
  • Magdalena Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

PRICE REDUCED! Southwestern Style luxury home situated on 20 acres. Includes 5KW solar panel system. Well, and septic. 18 miles from Magdalena, NM. 2 1/2 car garage. Two additional out buildings: One used as shop. 50+ mile views. Dark skies for astronomical observation. Near the Cibola National Forest.Propane, heat on demand hot water heater for showers and laundry. 100+ bottle wine cellar.Quiet, rural location with spectacular views. Easy 25 minutes to village. Set on 20 acres with Juniper and Pinon Pines.

Last Listed By

Karolyn Chavez

Realty One of New Mexico License #20002 Listed on: 12/28/2023

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 2006

Lot Details

  • 20.02 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • South Facing Home
  • Landscaped
  • Steep Slope
  • Wooded Lot
  • Property is zoned Out of MLS Area

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Home Design

  • Territorial Architecture
  • Flat Roof Shape
  • Insulated Concrete Forms
  • Membrane Roofing
  • Rubber Roof
  • Stucco

Interior Spaces

  • 2,420 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Great Room
  • Property Views

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Kitchen Island

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • Propane
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Association fees include road maintenance
  • Pinon Springs Ranch Association
  • Pinon Springs Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0120380038126

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,028

Year Built

Built in 2006

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Go 4 miles, ignore L branch to 123A. Turn L @ Private prop. sign, turn L; go 4 miles, at T junction turn R. Ignore L hand turn-off and follow winding road for 0.7 mi. At Lot 123 turn L onto Overlook Wy., drive marked 126 is a short distance on R.
  • Listing Contract Date: 2023-12-28
  • Year Built: 2006
  • Lot Size Acres: 20.02
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Subdivision Name: Pinon Springs Ranch
  • Architectural Style: Territorial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Great Room, Kitchen Island, Pantry
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2420.0
  • Window Features: Double Pane Windows, Insulated Windows, Metal

Exterior Features

  • Exterior Features: Deck, Propane Tank - Leased
  • Roof: Flat, Membrane, Rubber
  • Lot Features: Landscaped, Steep Slope, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: ICFs (Insulated Concrete Forms), Stucco
  • Direction Faces: South
  • Other Structures: Other, See Remarks
  • Patio And Porch Features: Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Storage, Workshop in Garage

Utilities

  • Cooling: None
  • Heating: Propane, Radiant, Wood Stove
  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association Name: Pinon Springs Ranch
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance

Green Features

  • Green Power: None, Solar

Lot Info

  • Zoning: Out of MLS Area
  • Land Lease: No
  • Lot Size Sq Ft: 872028.0
  • Parcel #: 0120380038126
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2028.1

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 $2,152 $79,792 $8,705 $71,087
2023 $2,138 $77,613 $8,705 $68,908
2022 $2,061 $75,498 $8,705 $66,793
2021 $1,994 $73,445 $8,705 $64,740
2020 $1,938 $71,451 $8,705 $62,746
2019 $1,933 $71,381 $8,697 $62,684
2018 $1,917 $214,355 $26,116 $188,239
2017 $1,945 $218,403 $26,116 $192,287
2016 $2,148 $242,917 $26,116 $216,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 For Sale $475,000 0.0% $196 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
03/29/2024 03/29/24 Price Changed $475,000 -13.6% $196 / Sq Ft
02/04/2024 02/04/24 Price Changed $550,000 -8.3% $227 / Sq Ft
12/28/2023 12/28/23 For Sale $599,900 -- $248 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- Superior Title Company
Joint Tenancy Deed -- Socorro County Abstract & Ti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 New Conventional
Source: Public Records

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

MLS Number: 1054732

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R012110

New Mexico Socorro County Magdalena 87825

8 Overlook Way, Magdalena, NM

This home is located at 8 Overlook Way, Magdalena, NM 87825 and is currently priced at $475,000, approximately $196 per square foot. This property was built in 2006. 8 Overlook Way is a home located in Socorro County with nearby schools including Magdalena Elementary School, Magdalena Middle School, and Magdalena High School.

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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Karolyn Chavez
Listing Agent
Karolyn Chavez
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Realty One of New Mexico
(575) 659-2212