Esteban Moreno

5 S Arroyo

Cerrillos, NM
$ 225,000 Beds 1 Baths 1 Sq 779
Monthly Estimate* How much can I afford?

Rare opportunity to own one of the miners' cottages in Madrid! This house has been lived and worked in by the owners for about 18 years. It is 1b1b with a spacious partial loft upstairs which could be a second bedroom or living/work area. Original frame structure and wood floors in part of the house retain the flavor of mining life. There is a wood deck off the kitchen, with a view of the mountains and old coal apparatus remains. New roof April 2026; 200 amp electric. Madrid is one of New Mexico's treasures, with its history of mining back to the mid-1800s. Madrid was created as a company coal town in 1892, and most of these old structures were brought in on rail cars. Madrid is a thriving community now with a rich history and a sense of fun and commerce. Artsy and quirky, it's known as a destination for filming. About 20 miles south of Santa Fe; 42 miles south to I-40.

Active

  • Price
  • $ 225,000
  • City
  • Cerrillos
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • Santa Fe
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.07 Acres
  • Zip
  • 87010
  • Sqr Footage
  • 779
  • Year Built
  • 1967
  • Taxes
  • $ 574
  • Style
  • MLS#
  • 202602440
Listed By: Laurie Frantz with Real Broker LLC.
Data Source: Santa Fe AOR (SFAR)

Features

General

Sewer Septic Tank
Heating Propane,Wall Furnace
Cooling None
Utilities Electricity Available
Possession Closing & Funding
Roof Metal,Pitched
Appliances Oven,Range,Refrigerator
Zoning R-1, 2, 3, 4, 5, 6
Architectural Style Other,See Remarks
Security Features Dead Bolt(s)
Construction Materials Frame
Year Built 1967
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Not ADA Compliant
County Santa Fe
Property Type Residential
HOA false
Garage Y/N false
Full Baths 1
Special Listing Conditions Standard
Status Active
Directions From the Mineshaft Tavern in the middle of Madrid, drive 0.3 miles south on NM 14 to South Arroyo Road. Drive about 300' on South Arroyo and park in the small dirt turnout behind the property.
High School Capital
City Cerrillos
Disclosures Lead Based Paint Disclosure
Lot Size Units Acres
Lot Size Square Feet 3223.44
Listing Terms Cash,New Loan
Elementary School Turquoise Trail
Property Attached Y/N false
Year Built Details Per Owners, probably built off-site and brought into town on a railroad car in the early 20th century.
Land Lease Y/N false
Tax Annual Amount 574
Middle/Junior High School Edgewood Middle School
MLS Area Minor 12-Madrid/Cerrillos
Lease Considered Y/N false
Living Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Detached,Single Family Residence
Taxes 1733.67

Interior Features

Interior Amenities Interior Steps
Flooring Tile,Wood
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 1
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Parking Features None
Total Parking 3
Lot Size Area 0.07
Foundation Details Basement
Building Area Total 779
Lot Size Acres 0.07
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Turquoise Trail Elementary School
Middle School Edgewood Middle School Middle School
High School Capital High School

Price History

6/4/2026 Listed $250,000
7/6/2026 10% - $225,000

Property vs Zip Code Average in 87010

Price
AVG $610K
$230K
Taxes
AVG $2,942
$574
Year Built
AVG 1975
1967

Areas That We Cover

5 S Arroyo Cerrillos, NM is a Single Family Home for sale at $225000 with 779 sqft and a lot size of 0.07 Acres Acre(s). 5 S Arroyo Cerrillos has 1 bedrooms, 1 baths and was built in 1967. The property's zip code is 87010 which is in Cerrillos, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Esteban Moreno

Esteban Moreno

Associate Broker

505-236-8590

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