Investor Special – Tons of Potential Near I-25! This bank-owned single-family home offers over 1,000 square feet of untapped potential. Featuring 2 bedrooms and 1 bathroom, it’s the perfect project for a savvy investor or seasoned flipper. The property needs renovation and is minutes from downtown and a short drive to Sugarite State Park and Lake Maloya. Quick access to I-25 makes commuting and resale appeal even stronger. Roll up your sleeves—this one’s priced to move and primed for transformation.
Sold on 09/04/25
Price Unknown
129 Monroe St, Raton, NM 87740
2beds
1,212sqft
Single Family Residence
Built in 1950
5,823.97 Square Feet Lot
$19,900 Zestimate®
$--/sqft
$966 Estimated rent
Home value
$19,900
Estimated sales range
Not available
$966/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 06, 2025 at 09:48am
Listed by:
Wendy Mileta 575-707-1662,
Realty One Of New Mexico - Raton
Bought with:
Wendy Mileta, 19831
Realty One Of New Mexico - Raton
Source: New Mexico MLS,MLS#: 20254346
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has fireplace: No
Interior area
- Total structure area: 1,212
- Total interior livable area: 1,212 sqft
Property
Parking
- Parking features: No Garage
Lot
- Size: 5,823 sqft
- Features: Irregular Lot
Details
- Parcel number: 1136186174152
- Special conditions: Arm Length Sale (Unrelated Parti,Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1950
Community & neighborhood
Location
- Region: Raton
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | -- |
Source:  New Mexico MLS #20254346 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $290 +25.1% | $12,402 +3% |
| 2023 | $231 +4.1% | $12,041 +3% |
| 2022 | $222 +0.3% | $11,690 |
Find assessor info on the county website
Neighborhood: 87740
Nearby schools
GreatSchools rating
- 3/10Longfellow Elementary SchoolGrades: PK-2Distance: 0.5 mi
- 7/10Raton High SchoolGrades: 7-12Distance: 1.9 mi
- 6/10Raton Middle SchoolGrades: 3-6Distance: 1.1 mi