2872 Nm 14, Madrid, NM 87010
Santa Fe County
Key Facts
Description
A potentially commercial/residential property in heart of the popular artist and entertainment tourist destination, Madrid New Mexico is right on the Turquoise Trail National Scenic Byway, Hwy 14. Property is perfectly situated for a vacation rental, retail/gallery or home. Covered front porch entrance into a spacious and sunlit front room-gallery, kitchen, bathroom, bedroom, and a back room that could be a second bed room or an office. Basement area, sun room and yard.. 23 miles from Santa Fe, Madrid attracts visitors from both Santa Fe and Albuquerque as well as National and International tourists and is famous for its many unique shops and galleries, Christmas light display, 4th of July and Christmas Parades, and Maggie's Diner biker photo op and Wild Hogs movie memorabilia. There are two restaurants within a ten minute walk, Owner may finance with acceptable down payment of $143,500 at 7%.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
NorthernNewMexico
Year Built
1940
Living Area
1,400 sq ft
Lot Size
0.17 acres
Parking Spaces
1
Days on Market
29
MLS® Listing#
202602489
Property Features
Cooling
Heating
Flooring
Roof
Utilities
Sewer
Schools
- Elementary:
- Turquoise Trail
- Middle:
- Capshaw
- High:
- Capital
Financial Details
HOA
$20 / Annually
Parcel Number
076003992
Directions
In the heart of Madrid on Highway 14/
Affordability Calculator
$82,000
Estimated monthly payment
$2,182/mo
Principal $328,000 · Est. interest $457,589 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madrid, NM
- $650,000
- Median Listing Price
- 117
- Median Days on Market
- 1,362
- Median Sq Ft
- $409
- Median Price / Sq Ft
- 7
- Active Listings
- This home’s price is 37% below the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madrid, NM.
Location
Points of Interest in Madrid, NM
Showing the Madrid area map.
Nearby Schools
Turquoise Trail Charter School
Elementary · 10.2 mi away
Santo Domingo School
School · 10.7 mi away
Amy Biehl Community School
Elementary · 15.6 mi away
Nina Otero Community School
Elementary · 15.9 mi away
San Felipe Pueblo Elementary School
Elementary · 15.9 mi away
Santo Nino Regional Catholic School
School · 16.1 mi away
Little Paws Head Start
School · 16.1 mi away
Capital High School
Secondary · 16.1 mi away
El Dorado Community School
Elementary · 16.3 mi away
Cesar Chavez Elementary School
Elementary · 16.4 mi away
Santa Fe School A S
Secondary · 16.6 mi away
Ortiz Middle School
Elementary · 16.7 mi away
Monte del Sol Charter School
Secondary · 17.0 mi away
Flores del Sol Head Start
School · 17.0 mi away
Sweeney Elementary School
Elementary · 17.1 mi away
Santa Fe Christian Academy
School · 17.3 mi away
New Mexico Connections Academy
School · 17.3 mi away
Ramirez Thomas Elementary School
Elementary · 17.6 mi away
Pinon Elementary School
Elementary · 17.9 mi away
South Mountain Elementary School
Elementary · 18.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6 Harvey, Madrid, NM | $350,000 | 1 | 1 | 1,136 |
| 1 Opera House Road, Madrid, NM | $450,000 | 3 | 2 | 1,100 |
Moving Cost Estimate
EXIT Agents in Madrid
Listing Courtesy: Cholla Properties - 5054387330