Beautiful Solar home nestled in the Los Cerrillos Hills with amazing mountain vistas on 10 rolling acres. Less than a mile from The Turquoise Trail and a quick drive to Santa Fe and Albuquerque, embrace Southwestern architecture with authentic viga's overhead, artisan stone walls and a Kiva fireplace. Upgraded Solar System in 2024 offers the freedom of off-grid living while still enjoying the modern comforts of home, with a well-appointed kitchen, full bath and a cozy bedroom with long range views. Bring your equine companions along to this horse-friendly property with a single stall and feed storage shed. Immerse yourself in the tranquility of the High Desert landscape within easy reach of shopping, dining and cultural attractions in the heart of Northern New Mexico! Schedule today!
Property Details
Property Features
Property Information:
Architectural Style: Mountain, Northern New Mexico
Year Built: 1986
Stories: 2
Living Area: 1,456 SqFt
Listing Office:
Office Name: Coldwell Banker Mountain Prop.
Office Phone: (505) 988-7285
Listing Agent: Sasha Emery Duffy
Interior Features
Interior Information:
Appliances: Gas Range, Instant Hot Water, Refrigerator, Self Cleaning Oven, Washer
Basement: No
Flooring Type: Tile, Wood
Interior: Beamed Ceilings, Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Walk-In Closet(s)
Fireplace: Custom, Wood Burning Stove
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Deck, Fire Pit, Propane Tank - Leased
Lot Features
Lot Information:
Lot: Landscaped, Meadow, Views, Wooded
Lot Size: 10.00 Acres
Utilities
Utilities Information:
Heating: Active Solar, Wood Stove, Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
Capital High School, Public District Grades 9-12
Calvin Capshaw Middle School, Public District Grades 7-8
Other
Directions Information:
Directions: From Albuquerque, take Hwy 40 to Hwy 14 (Cedar Crest) Turn right on Camino Cerro Chato and left on Grateful Way. Property is first drive on the left
Price Information
Listing Price Info
Price Summary:
List Price: $625,000
Price Per SqFt: $429/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Santa Fe South, NM.
This property is $43.3K less than the Median Sold Price and $88/SqFt more than other homes in Santa Fe South, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1060235
Listing Office:
Office Name: Coldwell Banker Mountain Prop.
Office Phone: (505) 988-7285
Listing Agent: Sasha Emery Duffy
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,187
Per Month
Principal & Interest
$3,120
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,940
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school22.84 miles
Public District Grades 7-8
High School
5
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school18.74 miles
Public District Grades 9-12
Nearby Schools
2
/10
Santo Domingo Elementary School
100 Hwy 22 West
Distance between this listing and this school10.23 miles
Public District Grades PK-5
9
/10
Placitas Elementary School
5 Calle Del Carbon
Distance between this listing and this school14.24 miles
Public District Grades PK-5
4
/10
Cochiti Elementary School
800 Quail Hill Trl
Distance between this listing and this school15.80 miles
Public District Grades PK-5
Assigned Schools
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school22.84 miles
Public District Grades 7-8
Nearby Schools
3
/10
Santo Domingo Middle School
100 Hwy 22 West
Distance between this listing and this school10.23 miles
Public District Grades 6-8
4
/10
Cochiti Middle School
800 Quail Hill Trl
Distance between this listing and this school15.80 miles
Public District Grades 6-8
Assigned Schools
5
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school18.74 miles
Public District Grades 9-12
Nearby Schools
8
/10
Academy For Tech & Class
74 A Van Nu Po Rd
Distance between this listing and this school17.32 miles
Public Charter Grades 7-12
7
/10
The Master Program
6401 S Richards Ave
Distance between this listing and this school18.94 miles
The neighbors living near this home have an average income of $64,080. Most Santa Fe South, NM residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 35 Grateful Way
What is the listing price of this property?
The listing price of 35 Grateful Way property is $625,000.
What type of property is this?
The property 35 Grateful Way is a house located in Madrid, New Mexico, 87010.
Is this property for sale now?
Active Listing: 35 Grateful Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 35 Grateful Way are: Calvin Capshaw Middle School: GreatSchools Rating 4/10Capital High School: GreatSchools Rating 5/10
How many bedrooms and bathrooms does this property have?
The property at 35 Grateful Way has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 35 Grateful Way is 1,456 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 35 Grateful Way is 1986.
This home is located at 35 Grateful Way in Madrid, NM and zip code 87010. This 1,456 square foot home, which was built in 1986, sits on a 10.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $625,000.
Over 14 listings were sold over their listed price in April 2024 in Santa Fe South, NM. In the same period over 25 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Santa Fe South, NM between March 2024 and April 2024 increased by 14.1%. While the average time on the market in April 2024 was 58 days, the median list price was $668,312.
From Rocket Homes Real Estate and based on county public records data.