1 year on rocket

1 Mustang Rd, Edgewood, NM, 87015

$435,000

5.00 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #202339093
Lot Size5.00 Acres
StatusActive

About 1 Mustang Rd

5 acre commercial lot in Edgewood. Fantastic location on NM 344 in high traffic area just down the road from Walmart. Apartments, multi-family development, water available. Albuquerques bedroom community needs more commercial opportunities. Multiple uses for this high profile property.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (505) 983-5151
  • Listing Agent: Kelly R. Allen, Paul Duran

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Other

Directions Information:

  • Directions: NM 344 to Mustang, first lot on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000

Tax Information:

  • Annual Amount: $416
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Edgewood, NM.

Med. Sold Price

$414.9K

Med. Price/SqFt

$215

Avg. Days On Market

34

# of Sold Homes

11

1 Mustang Rd vs Edgewood

496 DAYS ON ROCKET

+462 Days

$435,000

+$20.1K More

KEY TAKEAWAY

This property is $20.1K more than the Median Sold Price in Edgewood, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202339093

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (505) 983-5151
  • Listing Agent: Kelly R. Allen, Paul Duran

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 23, 2005Home Sold
$153,427

Tax History

YEARPROP. TAXASSESSMENT
2020$416$13,333
2019$417$13,333
2018$417$13,333
2017$515$16,667

History based on county public records data.

Payment Calculator

$2,239

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

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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.

Nearby Schools

school-card-donut-1013103
7
/10
  • Route 66 Elementary School

  • 805 Barton Rd

  • 3.00 miles

  • Public District Grades KG-5

school-card-donut-1013104
7
/10
  • South Mountain Elementary School

  • 577 State Rd 344

  • 4.41 miles

  • Public District Grades KG-5

school-card-donut-1013105
9
/10
  • San Antonito STEM Magnet Elementary School

  • 12555 State Highway 14 N

  • 10.45 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,313. Typical income of Edgewood, NM residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Edgewood, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Edgewood, NM?

The housing landscape in Edgewood, Santa Fe, New Mexico, is characterized by a mix of single-family homes and a smaller selection of apartments and townhouses. Single-family homes are the most prevalent, reflecting a range of architectural styles from Southwestern adobe to modern designs. The area has seen a steady growth in housing developments, with many homes dating back to the late 20th century. The homeownership rate in Edgewood is high, with a significant majority of residents owning their homes, while a smaller proportion are renters.

Is Edgewood, NM a good place to live?

Edgewood is celebrated for its serene, small-town atmosphere combined with the cultural richness of the nearby Santa Fe area. The community prides itself on a close-knit feel that is welcoming to both families and individuals. Local events and festivals throughout the year highlight the area's connection to Southwestern traditions and the arts, contributing to the unique character of Edgewood.

Are things conveniently located in Edgewood, NM?

Residents of Edgewood have access to a range of essential services. The educational system includes several public schools that cater to different age groups, as well as private educational options. Healthcare services are available, with clinics and specialized care providers ensuring the well-being of the community. The town also features a public library, and local retail and dining establishments reflect the Southwestern culture. City initiatives are in place to adapt and improve services to meet the evolving needs of Edgewood's residents.

What does the transportation in Edgewood, NM look like?

Transportation in Edgewood includes a combination of private vehicle use and public transit options. The community is served by a network of roads that connect to major highways, facilitating travel to Santa Fe and other neighboring areas. Public transportation services are available, with schedules designed to accommodate the commuting patterns of residents. The town's layout offers varying degrees of walkability, with certain areas being more pedestrian-friendly. Ride-sharing services are present in the area, complementing the existing transportation infrastructure.

Frequently Asked Questions About 1 Mustang Rd

What is the listing price of this property?

The listing price of 1 Mustang Rd property is $435,000.

What type of property is this?

The property 1 Mustang Rd is land located in Edgewood, New Mexico, 87015.

Is this property for sale now?

Active Listing: 1 Mustang Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $416 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 23, 2005 for $153,427. (source: MLS/tax record).

How much acreage is this property?

The property 1 Mustang Rd is 5.00 acres.
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Rocket HomesNew MexicoSanta Fe CountyEdgewood870151 Mustang Rd

This home is located at 1 Mustang Rd in Edgewood, NM and zip code 87015. This home sits on a 5.00 acre lot. It has been listed on Rocket Homes since July 17, 2023 and is currently priced at $435,000.

Edgewood, NM housing market in October 2024 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The number of homes for sale in Edgewood, NM increased by 9.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $414,900.

From Rocket Homes Real Estate and based on county public records data.

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