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Pending
  • Price cut: $1K (2/18)
    $399,000

    2884 State Highway 14, Cerrillos, NM 87010

    3beds
    1,476sqft
    : 
    Single Family Residence
    Built in 1912
    6,969.6 Square Feet Lot
    $-- Zestimate®
    $270/sqft
    $2/mo HOA

    What's special

    Tons of storage spaceCustom-built catioNew butcher blockNew counter topsVibrant main stripUpgraded appliances
    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!
    162 days
    on Zillow
    |
    44
    |
    0
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 29, 2025 at 04:25pm

    Listed by:

    Carlos I. Gutierrez-Pacheco 505-920-1400,

    Keller Williams Realty 505-983-5151

    Source: SFARMLS,MLS#: 202404745MLS LogoOriginating MLS: Santa Fe Association of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Fireplace(s), Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Oven, Range, Refrigerator, Washer
    Features
    • Interior Steps
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,476
    • Total interior livable area: 1,476 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Not ADA Compliant
    Features
    • Levels: One
    • Pool features: None
    Lot
    • Size: 6,969.6 Square Feet
    Details
    • Additional structures: Guest House Detached
    • Parcel number: 76004012
    • Zoning description: Residential/commercial

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Roof: Flat
    Condition
    • Year built: 1912

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Septic Tank
    • Water: Community/Coop

    Community & HOA

    HOA
    • Has HOA: Yes
    • Services included: Other, See Remarks
    • HOA fee: $25 annually
    Location
    • Region: Cerrillos

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $279,109
    • Annual tax amount: $1,883
    • Date on market: 11/13/2024
    • Listing terms: Assumable,Cash,Conventional,New Loan
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