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For sale
  • Price cut: $58K (2/26)
    $720,000

    7 Tierra Madre Rd, Placitas, NM 87043

    5beds
    3,371sqft
    : 
    Single Family Residence
    Built in 1987
    0.9 Acres Lot
    $-- Zestimate®
    $214/sqft
    $-- HOA

    What's special

    Traditional kiva fireplaceThick adobe wallsExpansive sandia mountain viewsPrivate acreBrick floorsWood vigas
    Now offered at $720,000.Experience timeless New Mexico architecture on one private acre in Placitas, just moments from Highway 165.This authentic Pueblo Revival adobe home captures the warmth and craftsmanship of classic Santa Fe style--featuring thick adobe walls, wood vigas, brick floors, and a traditional kiva fireplace. Expansive Sandia Mountain views and natural light pour in through large windows and a sunroom-style corridor that connects living spaces with the surrounding landscape.The flexible floor plan includes a main residence plus a detached casita ADU connected by a breezeway--ideal for guests, multigenerational living, studio space, or rental potential.
    50 days
    |
    1,680
    |
    51
    |

    Zillow last checked: 8 hours ago

    Listing updated: 13 hours ago

    Listed by:

    Melissa Salinas 505-977-4640,

    Realty One of New Mexico 505-883-9400

    Source: SWMLS,MLS#: 1091337MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 204
    • Dimensions: 17 x 12
    Kitchen
    • Level: Main
    • Area: 276
    • Dimensions: 23 x 12
    Living room
    • Level: Main
    • Area: 280
    • Dimensions: 20 x 14
    Heating
    • Propane, Radiant, Wall Furnace
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Cooktop, Free-Standing Gas Range, Refrigerator
    • Laundry: Other, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
    Features
    • Beamed Ceilings, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Main Level Primary
    • Flooring: Brick, Laminate, Tile
    • Windows: Double Pane Windows, Insulated Windows
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Kiva, Zero Clearance
    Interior area
    • Total structure area: 3,371
    • Total interior livable area: 3,371 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, RV Garage, Storage, Workshop in Garage
    • Garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Propane Tank - Leased
    • Fencing: Back Yard,Front Yard
    • Has view: Yes
    Lot
    • Size: 0.9 Acres
    • Features: Landscaped, Views, Xeriscape
    Details
    • Parcel number: R136484
    • Zoning description: RR-2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Pueblo
    • Property subtype: Single Family Residence
    Materials
    • Adobe, Frame, Stucco
    • Roof: Flat,Tar/Gravel
    Condition
    • Resale
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: Energy Storage Device
    • Sewer: Septic Tank
    • Water: Shared Well
    • Utilities for property: Electricity Connected, Propane
    Green energy
    • Energy generation: Solar
    • Water conservation: Water-Smart Landscaping

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Placitas

    Financial & listing details

    • Price per square foot: $214/sqft
    • Tax assessed value: $416,698
    • Annual tax amount: $2,979
    • Date on market: 9/13/2025
    • Cumulative days on market: 153 days
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Dirt, Gravel, Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/26/2026Price change$720,000-7.5%$214/sqft
    Source: SWMLS #1091337 Report a problem
    1/8/2026Listed for sale$778,000-1.3%$231/sqft
    Source: SWMLS #1091337 Report a problem
    12/23/2025Listing removed$788,000$234/sqft
    Source: SWMLS #1091337 Report a problem
    9/13/2025Listed for sale$788,000+64.5%$234/sqft
    Source: SWMLS #1091337 Report a problem
    8/20/2020Sold--
    Source: Agent Provided Report a problem
    7/7/2020Pending sale$479,000$142/sqft
    Source: Realty One of New Mexico #968665 Report a problem
    5/21/2020Listed for sale$479,000$142/sqft
    Source: Realty One of New Mexico #968665 Report a problem
    8/8/2019Sold--
    Source: SWMLS #942983 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$2,940 -1.3%$138,900 +3%
    2024$2,980 +3.7%$134,854 +3%
    2023$2,873 +1.3%$130,926 +3%
    2022$2,836 -0.2%$127,113 +3%
    2021$2,843 +48.1%$123,411 +48.1%
    2020$1,919 +86.2%$83,333 -6.2%
    2019$1,031 -43.2%$88,812 +3%
    2018$1,816 -15.6%$86,225 +3%
    2017$2,152 $83,713
    2016$2,152 +1.9%$83,713
    2014$2,113 $83,713
    2013$2,113 $83,713 -66.7%
    2011-- $251,141

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,872/mo
    Principal & interest
    $3416
    Property taxes
    $456

      Climate risks

      Neighborhood: 87043

      Getting around

      18 / 100
      Car-Dependent
      21 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 87043

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