3 months on rocket

196 Camino Cerro Chato, Madrid, NM, 87010

$349,000

Home List Price

$4,144*

Closing Credit

1 Bedroom
1 Full Bath
827 SqFt
$422/SqFt
House
Schools Nearby

Location

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196 Camino Cerro Chato, Santa Fe South$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built2009
HeatingActive Solar, Propane, Passive Solar, Wood Stove
CoolingNone
FireplaceWood Burning
MLS #202400183
Lot Size20.00 Acres
StatusActive

About 196 Camino Cerro Chato

A PLACE TO GET AWAY FROM IT ALL. If living away from the hustle and bustle of everything is your desire, this is a fantastic off grid property. Small but oh so self-sufficient. 20 acres with incredible views of the Jemez Mountain range, The Sandia mountains, The Sangre de Cristos off in the distance and you can almost reach out and touch the Ortiz mountains. The home itself is small but with a great footprint for growth. Amenities include a woodstove, but the passive solar heat is all you need during the day. The adobe construction does wonders for insulation. Solar panels for electricity, and back up battery system. Propane for cooking and the Hot Water Heater. Septic system is fairly new. A private well and 2 large cisterns for water storage. 4 acres are fenced in but the majority of the property is on the opposite side of the road. The Quaint town of Madrid is just down the road. Sellers are motivated and are offering Owner Finance for the right buyer. This is special property. So much Potential! So much more that doesn't fit in this description. Living room windows have just been replaced. And the walk up stairway replaced the old acess to the sleeping area. There is added electrical hook up for an RV or tiny house. The back up battery system was upgraded by current owner.

Property Details

Property Features

Property Information:

  • Architectural Style: Northern New Mexico
  • Year Built: 2009
  • Stories: 2
  • Living Area: 827 SqFt

Listing Office:

  • Office Name: Realty One of Santa Fe
  • Office Phone: (505) 257-9123
  • Listing Agent: Theresa Shrader

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: No
  • Flooring Type: Brick
  • Interior: Interior Steps
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 20.00 Acres

Utilities

Utilities Information:

  • Heating: Active Solar, Propane, Passive Solar, Wood Stove
  • Cooling: None

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 Santa Fe take HWY 14 past the town of Madrid, Turn into Camino Cerro Chato. Approx. 1.96 miles on the left. There is one fork in the road... Veer Right. Road is a bit rough, not too bad (The seller drives her Prius to Property.) However if the weather is bad a 4 wheel or all wheel drive is recommended.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $422/SqFt
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Housing Market Comparison

See how this home compares to others in Santa Fe South, NM.

Med. Sold Price

$668.3K

Med. Price/SqFt

$341

Avg. Days On Market

58

# of Sold Homes

47

196 Camino Cerro Chato vs Santa Fe South

97 DAYS ON ROCKET

+39 Days

$349,000

-$319.3K Less

$422/SqFt

+$81 More

KEY TAKEAWAY

This property is $319.3K less than the Median Sold Price and $81/SqFt more than other homes in Santa Fe South, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202400183

Listing Office:

  • Office Name: Realty One of Santa Fe
  • Office Phone: (505) 257-9123
  • Listing Agent: Theresa Shrader

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 8:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,809

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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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

school-card-donut-5222607
4
/10
  • Calvin Capshaw Middle School

  • 351 East Zia Rd

  • 22.41 miles

  • Public District Grades 7-8

High School

school-card-donut-5222608
4
/10
  • Capital High School

  • 4851 Paseo Del Sol

  • 18.21 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,080. Most Santa Fe South, NM residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area 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 Madrid, 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 4/10
Capital High School: GreatSchools Rating 4/10

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 827 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 196 Camino Cerro Chato is 2009.

Rocket HomesNew MexicoSanta Fe CountySanta Fe South87010196 Camino Cerro Chato

This home is located at 196 Camino Cerro Chato in Madrid, NM and zip code 87010. This 827 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 January 26, 2024 and is currently priced at $349,000.

While more than 14 listings in Santa Fe South, NM in April 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 25 were sold below. The number of listings in Santa Fe South, NM increased by 14.1% between March 2024 and April 2024. In April 2024 median list price was $668,312 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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