Investor Alert! This 3-bedroom, 1.5-bath home is the perfect live-in project with income-producing potential! Bursting with character and unique features throughout, this property is ready for a fresh start and creative vision. Live comfortably in the updated, quaint studio while you bring the main home back to life — an ideal setup for contractors, handymen, or savvy investors seeking sweat equity. Located in a prime area close to downtown, you’ll enjoy walking distance to schools, the library, local coffee shops, and more. With great bones, tons of potential, and a location that can’t be beat, this fixer-upper is ready for its next chapter — and its next opportunity for growth. Bring your tools and imagination — your next investment starts here!
For sale
$125,000
625 S 5th St, Raton, NM 87740
3beds
2,350sqft
Est.:
Single Family Residence
Built in 1940
10,497.96 Square Feet Lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
Quaint studio
- 38 days |
- 2,748 |
- 118 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 01, 2025 at 10:01pm
Listed by:
Wendy Mileta 575-707-1662,
Realty One Of New Mexico - Raton 575-707-1662
Source: New Mexico MLS,MLS#: 20256285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas, Electric Baseboard
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,350
- Total interior livable area: 2,350 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Deck
Lot
- Size: 10,497.96 Square Feet
- Features: Irregular Lot
Details
- Parcel number: 1135185143426
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Propanel
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Raton
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $46,132
- Annual tax amount: $1,141
- Date on market: 11/2/2025
- Electric utility on property: Yes
Wendy Mileta
(575) 707-1662
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Estimated market value
Not available
Estimated sales range
Not available
$1,412/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2025 | Listed for sale | $125,000$53/sqft |
Source:  New Mexico MLS #20256285 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $428 +24.4% | $15,377 +3% |
| 2023 | $344 +3.5% | $14,930 +3% |
| 2022 | $333 +0.3% | $14,495 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$589/mo
Principal & interest
$485
Property taxes
$60
Home insurance
$44
Climate risks
Neighborhood: 87740
Nearby schools
GreatSchools rating
- 6/10Raton Middle SchoolGrades: 3-6Distance: 0.1 mi
- 7/10Raton High SchoolGrades: 7-12Distance: 0.8 mi
- 3/10Longfellow Elementary SchoolGrades: PK-2Distance: 0.8 mi
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