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    2884 State Highway 14, Cerrillos, NM 87010

    3beds
    1,476sqft
    Single Family Residence
    Built in 1912
    6,969.6 Square Feet Lot
    $382,500 Zestimate®
    $--/sqft
    $1,867 Estimated rent

    Home value

    $382,500

    $340,000 - $428,000

    $1,867/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 04:45pm

    Listed by:

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

    Keller Williams Realty

    Bought with:

    Samantha Scarborough, 54294

    Keller Williams Realty

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

    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
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6,969 sqft
    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 & neighborhood

    Location
    • Region: Cerrillos

    HOA & financial

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

    Other

    Other facts
    • Listing terms: Assumable,Cash,Conventional,New Loan

    Price history

    DateEventPrice
    4/30/2025Sold--
    Source: SFARMLS #202404745 Report a problem
    3/29/2025Pending sale$399,000$270/sqft
    Source: SFARMLS #202404745 Report a problem
    2/18/2025Price change$399,000-0.3%$270/sqft
    Source: SFARMLS #202404745 Report a problem
    1/28/2025Price change$400,000-1.2%$271/sqft
    Source: SFARMLS #202404745 Report a problem
    12/11/2024Price change$405,000-1.9%$274/sqft
    Source: SFARMLS #202404745 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,875 -0.5%$286,003 +2.5%
    2023$1,883 +77.9%$279,109 +83.3%
    2022$1,059 +2.1%$152,230 +3%

    Find assessor info on the county website

    Neighborhood: 87010

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Amy Biehl Community
    • Middle: Milagro
    • High: Santa Fe

    Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $382,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $382,500