$5,332 Closing Credit¹
#1070899, Faithe Real Estate Group, Listing Office: Keller Williams Realty
$4,750
closing credit¹
2884 Nm 14 Madrid, NM 87010
$400,000 List price
$4,750
Closing credit¹
3 beds
1 full
1,300 sqft
0.2 acres
$308 / sqft
House
Property details
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!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Fireplace(s), Natural Gas
StatusActive
Size1,300 sqft
Lot size0.16 Acres
Year built1912
ParkingDetached, Garage
MLS #202404745
Garage1 space
Summary
- MLS Number: 202404745
- MLS Name: SFAOR
- Office Name: Keller Williams Realty
- Office Phone: (505) 983-5151
- Listing Agent: Carlos J. Gutierrez-Pacheco
The 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 © 2025 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: 2/7/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
2884 Nm 14
$4,750
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
Santo Domingo Elementary School
Public District PK-5
10.7 mi
•100 Hwy 22 West
4
Cochiti Elementary School
Public District PK-5
15.3 mi
•800 Quail Hill Trl
6
Amy Biehl Community School at Rancho Viejo
Public District PK-6
15.5 mi
•310 Avienda Del Sur
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,080. The majority of Madrid, NM residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
51%
35k-100k
14%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
7%
Single, with Kids
26%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
10%
18-34 yrs old
62%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Applebees
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 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 $400,000.
In January 2025, from all listings sold in Madrid, NM there were more than 4 sold above asking price, over 44 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Madrid, NM did not change between December and January 2025. In January 2025, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $665,000.
From Rocket Homes Real Estate and based on county public records data.