1 year on rocket

460 Camino Cerro Chato, Cerrillos, NM, 87010

$229,000

80.00 Acres
Land

Location

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Property Highlights

Home TypeResidential
MLS #202338629
Lot Size80.00 Acres
StatusActive

About 460 Camino Cerro Chato

Eighty glorious acres three miles south of Madrid off the Turquoise Trail. The views are stupendous, of the surrounding hills and the view of the valley to the west. The land is hilly but there is a plethora of building sites with views. There is a good dirt road up to the top of the first 40-acre parcel. There is no graded road beyond that. A shipping container is located on the lower 40 acres on a large mostly level spot that would be a great place to build. There are no utilities in place, and no electric in the area. It's a great place to live off grid in the splendor of solitude!

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (505) 510-0170
  • Listing Agent: Laurie Frantz

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: Out Building(s)

Lot Features

Lot Information:

  • Lot: Other, See Remarks, Views
  • Lot Size: 80.00 Acres

Other

Directions Information:

  • Directions: From the Mine Shaft Tavern in Madrid, drive south on NM 14 3 miles, to milepost 25.4 (6/10 mile past mp 26). Turn right on Camino Cerro Chato. Drive a total of 4.4 miles on Camino Cerro Chato, but here are some notes: at 1.1 miles stay right at the fork; at 3.9 miles stay left on Camino Cerro Chato; at the corner of Camino Cerro Chato and Via Sol Estrella, clock 2/10 mile, and the northwest corner of the land is on the left, marked with a t-post fence and a line of lath. At 4.4 miles you are at the end of Camino Cerro Chato. There will be three gates in front of you. Turn left into the short driveway that has a green gate and an address of 460. There is a lockbox on the chain securing the gate. Call listing broker for code. Lockbox has a key for the master lock on the gate. This road leads all the way up to the top of the first 40 acre parcel. There is no graded road on the second 40 acres.

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000

Tax Information:

  • Annual Amount: $501
  • Tax Year: 2020
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Housing Market Comparison

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

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Cerrillos, NM

City

Med. List Price

$449.4K

Med. Price/SqFt

$295

Avg. Days On Market

129

# of Sold Homes

1

460 Camino Cerro Chato vs Cerrillos

521 DAYS ON ROCKET

+392 Days

$229,000

-$220.4K Less

KEY TAKEAWAY

This property is $220.4K less than the Median List Price in Cerrillos, NM.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202338629

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (505) 510-0170
  • Listing Agent: Laurie Frantz

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: 11/21/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$501$17,214
2019$501$17,215
2018$501$17,215
2017$764$26,215

History based on county public records data.

Payment Calculator

$1,210

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$753

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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-196385
2
/10

  • Santo Domingo Elementary School

  • 100 Hwy 22 West

  • 8.07 miles

  • Public District Grades PK-5

school-card-donut-196386
4
/10

  • Cochiti Elementary School

  • 800 Quail Hill Trl

  • 13.58 miles

  • Public District Grades PK-5

school-card-donut-196387
9
/10

  • Placitas Elementary School

  • 5 Calle Del Carbon

  • 14.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,080. The majority of Cerrillos, NM residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Cerrillos, 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.

Types of housing in Cerrillos, NM.

Cerrillos features a unique housing market with a blend of traditional Southwestern adobe homes and more contemporary styles. The area is known for its rural charm and smaller population, which is reflected in the housing options available. While there is a limited number of multi-family dwellings, the majority of residences are single-family homes that offer a sense of privacy and connection to the natural surroundings.

What is it like to live in Cerrillos, NM?

Cerrillos prides itself on its rich history and cultural heritage, which is evident in its well-preserved historical sites and local artisan community. The town's character is shaped by its artistic spirit and the scenic beauty of the surrounding high desert landscape. Community events and local galleries showcase the town's commitment to preserving and celebrating its artistic and historical identity.

Is it easy to get around Cerrillos, NM without a car?

The community of Cerrillos provides essential services to its residents, including educational resources and healthcare facilities within a reasonable distance. Local businesses and restaurants reflect the town's cultural heritage, offering a taste of the local cuisine and arts. The town's services are scaled to its size, ensuring that residents have access to necessary amenities while maintaining the area's quaint, small-town feel.

Transportation in Cerrillos, NM.

Transportation options in Cerrillos are primarily geared towards private vehicle use, with a network of roads connecting residents to nearby towns and cities. Public transportation options are limited, reflecting the rural nature of the community. The area's walkability is centered around the historic downtown, where residents and visitors can enjoy a leisurely pace and the town's unique character.

Frequently Asked Questions About 460 Camino Cerro Chato

What is the listing price of this property?

The listing price of 460 Camino Cerro Chato property is $229,000.

What type of property is this?

The property 460 Camino Cerro Chato is land located in Cerrillos, New Mexico, 87010.

Is this property for sale now?

Active Listing: 460 Camino Cerro Chato 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 $501 (source: MLS/based on county public records data).

How much acreage is this property?

The property 460 Camino Cerro Chato is 80.00 acres.
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Rocket Homes›New Mexico›Santa Fe County›Cerrillos›87010›460 Camino Cerro Chato

This home is located at 460 Camino Cerro Chato in Cerrillos, NM and zip code 87010. This home sits on a 80.00 acre lot. It has been listed on Rocket Homes since June 18, 2023 and is currently priced at $229,000.

While the average time on the market in October 2024 was 129 days, the median list price was $449,497.

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

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