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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 acre in placitasBrick floorsFlexible floor planWood vigas
    Motivated seller ---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, or studio space.
    80 days
    |
    1,753
    |
    79
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 22, 2026 at 03:00pm

    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: 183 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
        $4,085/mo
        Principal & interest
        $3629
        Property taxes
        $456
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          Climate risks

          Neighborhood: 87043

          Getting around

          18 / 100
          Car-Dependent
          21 / 100
          Somewhat Bikeable

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