7 months on rocket

31 Araiza Rd, Edgewood, NM, 87015

$60,000

5.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1055011
Lot Size5.00 Acres
StatusActive

About 31 Araiza Rd

Great views on this mostly level lot, easy access to I-40 to Albuquerque and only 45 minutes to Santa Fe.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 293-3700
  • Listing Agent: Richard D Jackson

Lot Features

Lot Information:

  • Lot: Meadow, Views
  • Lot Size: 5.00 Acres

Other

Directions Information:

  • Directions: I-40 East to Edgewood exit 187, North on State Road 344 to the intersection of Frost Rd (State Rd 472) and State Rd 344, continue 1/2 mile north Araiza Road goes east, 3rd lot on the north side of Araiza Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000
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Housing Market Comparison

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

Med. Sold Price

$425K

Med. Price/SqFt

$219

Avg. Days On Market

49

# of Sold Homes

14

31 Araiza Rd vs Edgewood

232 DAYS ON ROCKET

+183 Days

$60,000

-$365K Less

KEY TAKEAWAY

This property is $365K less than the Median Sold Price in Edgewood, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1055011

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 293-3700
  • Listing Agent: Richard D Jackson

IDXThe 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.

Copyright © 2024 Southwest Multiple Listing Service. 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: 12/22/2024, 1:20:49 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.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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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-842017
7
/10
  • South Mountain Elementary School

  • 577 State Rd 344

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-842018
7
/10
  • Route 66 Elementary School

  • 805 Barton Rd

  • 5.70 miles

  • Public District Grades KG-5

school-card-donut-842019
9
/10
  • San Antonito STEM Magnet Elementary School

  • 12555 State Highway 14 N

  • 8.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,584. Most Edgewood, NM residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area 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 31 Araiza Rd

What is the listing price of this property?

The listing price of 31 Araiza Rd property is $60,000.

What type of property is this?

The property 31 Araiza Rd is land located in Edgewood, New Mexico, 87015.

Is this property for sale now?

Active Listing: 31 Araiza Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 31 Araiza Rd is 5.00 acres.
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Rocket HomesNew MexicoSanta Fe CountyEdgewood8701531 Araiza Rd

This home is located at 31 Araiza 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 May 03, 2024 and is currently priced at $60,000.

In November 2024, from all listings sold in Edgewood, NM there were more than 1 sold above asking price, over 9 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Edgewood, NM between October 2024 and November 2024 decreased by 19.7%. Listings spent 49 days on the market in November 2024, and had a median list price of $425,000 during the same period.

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

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