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2884 Nm 14, Madrid, NM, 87010

$405,000

Home List Price

$4,809*

Closing Credit

3 Bedrooms
1 Full Bath
1,300 SqFt
$312/SqFt
House

Location

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2884 Nm 14, Santa Fe South$405,000

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage1 space
Year Built1912
HeatingForced Air, Fireplace(s), Natural Gas
CoolingNone
MLS #202404745
Lot Size0.16 Acres
StatusActive

About 2884 Nm 14

Prime Property on Madrid’s Main Strip !! Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid’s unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you’re looking to live, work, or create in one of New Mexico’s most artistic communities, this property offers endless possibilities. Don’t miss this rare chance to own a piece of Madrid’s rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1912
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 983-5151
  • Listing Agent: Carlos J. Gutierrez-Pacheco

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Interior: Interior Steps

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s), Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $405,000
  • Price Per SqFt: $312/SqFt

HOA Fees:

  • Amount: $25
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Santa Fe South, NM.

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Santa Fe South, NM

City

Med. Sold Price

$664.8K

Med. Price/SqFt

$335

Avg. Days On Market

49

# of Sold Homes

41

2884 Nm 14 vs Santa Fe South

34 DAYS ON ROCKET

-15 Days

$405,000

-$259.8K Less

$312/SqFt

-$23 Less

KEY TAKEAWAY

This property is $259.8K less than the Median Sold Price and $23/SqFt less than other homes in Santa Fe South, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202404745

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 983-5151
  • Listing Agent: Carlos J. Gutierrez-Pacheco

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: 12/19/2024, 7:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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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-207317
2
/10

  • Santo Domingo Elementary School

  • 100 Hwy 22 West

  • 10.66 miles

  • Public District Grades PK-5

school-card-donut-207318
4
/10

  • Cochiti Elementary School

  • 800 Quail Hill Trl

  • 15.30 miles

  • Public District Grades PK-5

school-card-donut-207319
6
/10

  • Amy Biehl Community School at Rancho Viejo

  • 310 Avienda Del Sur

  • 15.47 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,080. The most common annual income of people living in Santa Fe South, NM is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2884 Nm 14

What is the listing price of this property?

The listing price of 2884 Nm 14 property is $405,000.

What type of property is this?

The property 2884 Nm 14 is a house located in Madrid, New Mexico, 87010.

Is this property for sale now?

Active Listing: 2884 Nm 14 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2884 Nm 14 has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2884 Nm 14 is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2884 Nm 14 is 1912.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe South›87010›2884 Nm 14

This home is located at 2884 Nm 14 in Madrid, NM and zip code 87010. This 1,300 square foot home, which was built in 1912, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $405,000.

In November 2024, from all listings sold in Santa Fe South, NM there were more than 2 sold above asking price, over 29 sold below and more than 10 were sold right at the asked price. The number of homes for sale in Santa Fe South, NM decreased by 13.9% between October 2024 and November 2024. In November 2024 median list price was $664,885 and the average listing age was 49 days.

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

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