This property is nicely located in the heart of Magdalena on North First Street. Property would make a real gem for a commerical venture. Utilities are located on the street.
Property Details
Property Features
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Anna T Carabajal
Lot Features
Lot Information:
Lot Size: 0.32 Acres
Other
Directions Information:
Directions: Head west on Main Street in Magdalena and turn right on North First Street. The property is located behind the bank.
Price Information
Listing Price Info
Price Summary:
List Price: $69,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1072570
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Anna T Carabajal
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.
$412
Per Month
Principal & Interest
$345
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
$273
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Magdalena Elementary School
201 Duggins Dr
Distance between this listing and this school0.68 miles
Public District Grades PK-5
5
/10
Midway Elementary School
9 Midway Rd
Distance between this listing and this school18.81 miles
Public District Grades KG-5
5
/10
Parkview Elementary School
107 Francisco De Avando St
Distance between this listing and this school19.70 miles
Public District Grades KG-5
Nearby Schools
4
/10
Magdalena Middle School
201 Duggins Dr
Distance between this listing and this school0.68 miles
Public District Grades 6-8
4
/10
Sarracino Middle School
1425 El Camino Real St
Distance between this listing and this school19.39 miles
Public District Grades 6-8
6
/10
Cottonwood Valley Charter
201 Neel Ave
Distance between this listing and this school19.67 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Magdalena High School
201 Duggins Dr
Distance between this listing and this school0.68 miles
Public District Grades 9-12
4
/10
Socorro High School
1200 Michigan St
Distance between this listing and this school19.55 miles
The neighbors living near this home have an average income of $32,182. The majority of Socorro County, NM residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT N Main St
What is the listing price of this property?
The listing price of LOT N Main St property is $69,000.
What type of property is this?
The property LOT N Main St is land located in Magdalena, New Mexico, 87825.
Is this property for sale now?
Active Listing: LOT N Main St is For Sale (Active/New) which means the seller is accepting offers.
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 LOT N Main St in Magdalena, NM and zip code 87825. This home sits on a 0.32 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $69,000.
In October 2024 more than 2 listings in Socorro County, NM were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Socorro County, NM decreased by 12.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 45 days, the median list price was $205,000.
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. 
NASCAR
NASCAR
Monster Trucks
Hunting
Dollar General
Wal-Mart
Hardee's
GMC
Chevrolet
Ram
Classic Country