The land is ideally suited for either 2.5-acre single-family residences or a higher-density development with up to 8 units per acre using a shared septic system.This property presents a fantastic opportunity for custom home development
Property Details
Property Features
Listing Office:
Office Name: Congress Realty, Inc
Office Phone: (888) 881-4118
Listing Agent: Jared Andrew English
Lot Features
Lot Information:
Lot: Other, See Remarks
Lot Size: 10.23 Acres
School Info
Assigned Schools Information:
Moriarty High School, Public District Grades 9-12
Edgewood Middle School, Public District Grades 7-8
South Mountain Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Cross street: Frost RD SE
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
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 Edgewood, NM.
This property is $275K 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: #1067890
Listing Office:
Office Name: Congress Realty, Inc
Office Phone: (888) 881-4118
Listing Agent: Jared Andrew English
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.
$816
Per Month
Principal & Interest
$749
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
$516
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.
Elementary School
7
/10
South Mountain Elementary School
Hwy 333
Distance between this listing and this school0.15 miles
Public District Grades KG-6
Middle School
7
/10
Edgewood Middle School
17 Venus Rd West
Distance between this listing and this school3.29 miles
Public District Grades 7-8
High School
5
/10
Moriarty High School
200 Center St
Distance between this listing and this school13.42 miles
Public District Grades 9-12
Assigned Schools
7
/10
South Mountain Elementary School
Hwy 333
Distance between this listing and this school0.15 miles
Public District Grades KG-6
Nearby Schools
7
/10
Route 66 Elementary School
805 Barton Rd
Distance between this listing and this school5.50 miles
Public District Grades KG-6
9
/10
San Antonito Elementary School
12555 North Hwy 14
Distance between this listing and this school8.83 miles
Public District Grades KG-5
Assigned Schools
7
/10
Edgewood Middle School
17 Venus Rd West
Distance between this listing and this school3.29 miles
Public District Grades 7-8
Nearby Schools
6
/10
Roosevelt Middle School
11799 St Hwy 14 South
Distance between this listing and this school12.26 miles
Public District Grades 6-8
3
/10
Moriarty Middle School
200 Center St
Distance between this listing and this school13.42 miles
Public District Grades 7-8
Assigned Schools
5
/10
Moriarty High School
200 Center St
Distance between this listing and this school13.42 miles
Public District Grades 9-12
Nearby Schools
6
/10
Estancia Valley Classical Academy
16 Dunkin Rd
Distance between this listing and this school5.26 miles
Public Charter Grades KG-11
5
/10
Eldorado High School
11300 Montgomery Blvd NE
Distance between this listing and this school18.28 miles
The neighbors living near this home have an average income of $62,584. Typical income of Edgewood, NM residents is between $35k-100k annually. The most common type of family is married, no kids. 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.
Types of housing 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.
What is it like to live in Edgewood, NM?
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.
Is it easy to get around Edgewood, NM without a car?
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.
Transportation in Edgewood, NM.
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 550 Nm 344
What is the listing price of this property?
The listing price of 550 Nm 344 property is $150,000.
What type of property is this?
The property 550 Nm 344 is land located in Edgewood, New Mexico, 87015.
Is this property for sale now?
Active Listing: 550 Nm 344 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 550 Nm 344 are: South Mountain Elementary School: GreatSchools Rating 7/10Edgewood Middle School: GreatSchools Rating 7/10Moriarty High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 550 Nm 344 in Edgewood, NM and zip code 87015. This home sits on a 10.23 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $150,000.
Edgewood, NM housing market in August 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. The inventory of homes for sale in Edgewood, NM between July 2024 and August 2024 decreased by 3.2%. In August 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $425,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country