Welcome home to this wonderfully unique Madrid/Cerrillos Home. Live fully off grid on 20 acres among the beautiful Ortiz Mountains. Amazing views from every direction! Approx. 4 acres are fully fenced w/ auto gated entrance. Cozy adobe tiny home with loft bedroom, passive solar windows provide natural warmth, wood burning fireplace, large bathroom and nice sized kitchen. Opportunity to add on to home directly via bookcase/doorways on both ends of home. Owned propane, solar and private well. Separate water shed houses 3200 gallons of stored water in cisterns. Solar is 48 volt system. 5 miles to the quaint town of Madrid. Property is move in ready but has tons of add on potential and room for expansion. Owner financing available! Come and see this special property today.
Property Details
Property Features
Property Information:
Architectural Style: Northern New Mexico
Year Built: 2009
Stories: 2
Living Area: 966 SqFt
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 710-3675
Listing Agent: Jessica O'Callahan
Interior Features
Interior Information:
Appliances: Electric Range, Microwave, Refrigerator, Washer
Basement: No
Flooring Type: Stone, Wood
Interior: Bookcases, Cathedral Ceiling(s), Country Kitchen, Loft
Fireplace: Free Standing, Wood Burning Stove
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Fully Fenced, Private Yard, Propane Tank - Owned
Virtual/3D Tour
3D Tour: 196 Camino Cerro Chato
3D Tour
Lot Features
Lot Information:
Lot: Landscaped, Trees, Views
Lot Size: 20.00 Acres
Utilities
Utilities Information:
Heating: Passive Solar, Wood Stove
Cooling: None, Other
School Info
Assigned Schools Information:
Capital High School, Public District Grades 9-12
Calvin Capshaw Middle School, Public District Grades 7-8
Other
Directions Information:
Directions: From HWY 14 - head west on Camino Cerro Chato 1.96 miles to the property. Stay on the main road, at fork stay right. Property is on south side of the road.
Price Information
Listing Price Info
Price Summary:
List Price: $349,000
Price Per SqFt: $361/SqFt
Tax Information:
Annual Amount: $965
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cerrillos, NM.
This property is $51K less than the Median List Price and $57/SqFt more than other homes in Cerrillos, NM.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1056097
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 710-3675
Listing Agent: Jessica O'Callahan
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,809
Per Month
Principal & Interest
$1,742
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,113
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school22.41 miles
Public District Grades 7-8
High School
4
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school18.21 miles
Public District Grades 9-12
Nearby Schools
8
/10
Placitas Elementary School
5 Calle Del Carbon
Distance between this listing and this school14.22 miles
Public District Grades PK-5
5
/10
Cochiti Elementary School
800 Quail Hill Trl
Distance between this listing and this school14.99 miles
Public District Grades PK-5
7
/10
South Mountain Elementary School
Hwy 333
Distance between this listing and this school16.88 miles
Public District Grades KG-6
Assigned Schools
4
/10
Calvin Capshaw Middle School
351 East Zia Rd
Distance between this listing and this school22.41 miles
Public District Grades 7-8
Nearby Schools
4
/10
Cochiti Middle School
800 Quail Hill Trl
Distance between this listing and this school14.99 miles
Public District Grades 6-8
3
/10
Edward Ortiz Middle School
4164 S Meadows Rd
Distance between this listing and this school18.85 miles
Public District Grades 6-8
Assigned Schools
4
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school18.21 miles
Public District Grades 9-12
Nearby Schools
9
/10
Academy For Tech & Class
74 A Van Nu Po Rd
Distance between this listing and this school16.89 miles
Public Charter Grades 7-12
8
/10
The Master Program
6401 S Richards Ave
Distance between this listing and this school18.50 miles
The neighbors living near this home have an average income of $64,080. Typical income of Cerrillos, NM residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 196 Camino Cerro Chato
What is the listing price of this property?
The listing price of 196 Camino Cerro Chato property is $349,000.
What type of property is this?
The property 196 Camino Cerro Chato is a house located in Cerrillos, New Mexico, 87010.
Is this property for sale now?
Active Listing: 196 Camino Cerro Chato is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 196 Camino Cerro Chato are: Calvin Capshaw Middle School: GreatSchools Rating 4/10Capital High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $965 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 196 Camino Cerro Chato has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 196 Camino Cerro Chato is 966 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 196 Camino Cerro Chato is 2009.
This home is located at 196 Camino Cerro Chato in Cerrillos, NM and zip code 87010. This 966 square foot home, which was built in 2009, sits on a 20.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $349,000.
The inventory of homes for sale in Cerrillos, NM between March 2024 and April 2024 increased by 14.3%. While the average time on the market in April 2024 was 125 days, the median list price was $400,000.
From Rocket Homes Real Estate and based on county public records data.