Attention investors, flippers, and savvy homebuyers! This 2-bedroom, 1-bath home is full of potential and ready for your vision. This property offers a good structure and a great layout-just waiting for the right buyer to bring it back to life. Whether you're looking for your next renovation project or a starter home you can make your own, this is the opportunity you've been waiting for. Priced to sell and being sold as-is, this is your chance to build equity from the ground up.
For sale
Price cut: $2.5K (8/19)
$29,500
237 Vermejo St, Raton, NM 87740
2beds
706sqft
Single Family Residence
Built in 1920
3,920 Square Feet Lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
- 336 days |
- 738 |
- 34 |
Zillow last checked:
Listing updated:
Listed by:
Wendy Mileta 575-707-1662,
Realty One Of New Mexico - Raton 575-707-1662
Source: New Mexico MLS,MLS#: 20255608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 706
- Total interior livable area: 706 sqft
Property
Features
- Stories: 1
Lot
- Size: 3,920 Square Feet
- Topography: Irregular Lot
Details
- Parcel number: 1135186429222
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Siding
Condition
- Year built: 1920
Community & HOA
HOA
- Has HOA: No
Location
- Region: Raton
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $33,882
- Annual tax amount: $309
- Date on market: 9/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$875/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $29,500-7.8%$42/sqft |
Source:  New Mexico MLS #20255608 Report a problem | ||
| 3/24/2026 | Price change | $32,000-5.9%$45/sqft |
Source: New Mexico MLS #20255608 Report a problem | ||
| 12/31/2025 | Price change | $34,000-8.1%$48/sqft |
Source: New Mexico MLS #20255608 Report a problem | ||
| 9/26/2025 | Listed for sale | $37,000$52/sqft |
Source: New Mexico MLS #20255608 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $309 +1.3% | $11,294 +3% |
| 2024 | $305 +24.4% | $10,965 +3% |
| 2023 | $245 +3.4% | $10,646 +3% |
| 2022 | $237 +0.3% | $10,336 |
| 2021 | $236 -4.7% | $10,336 |
| 2020 | $248 +0.9% | $10,336 |
| 2019 | $246 +10.4% | $10,336 -1.1% |
| 2018 | $223 +11.7% | $10,449 +3% |
| 2017 | $199 | $10,145 +6.1% |
| 2015 | -- | $9,563 +6.1% |
| 2013 | -- | $9,014 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 87740
Nearby schools
GreatSchools rating
- 3/10Longfellow Elementary SchoolGrades: PK-2Distance: 0.6 mi
- 7/10Raton High SchoolGrades: 7-12Distance: 1.6 mi
- 6/10Raton Middle SchoolGrades: 3-6Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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