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Pending
  • Price cut: $11K (4/21)
    $389,000

    28 Backroad, Cerrillos, NM 87010

    2beds
    1,477sqft
    : Get pre-qualified
    Single Family Residence
    Built in ----
    0.55 Acres Lot
    $-- Zestimate®
    $263/sqft
    $2/mo HOA

    What's special

    Beautifully updated madrid cabinExpanded country kitchenOpen shelvingButcher-block counters
    Nestled on an oversized lot bordering the town greenbelt, this beautifully updated Madrid cabin blends historic character with thoughtful modern enhancements. The expanded country kitchen is a true centerpiece, featuring open shelving, butcher-block counters, and a generous center island ideal for gourmet cooking and entertaining. The updated bathroom offers a luxurious soaking tub, and much of the home’s original hardwood flooring has been lovingly preserved.  A heated sunroom provides a bright, welcoming living space, while one of the bedrooms showcases classic English wainscoting that adds to the home’s timeless charm. The main bedroom opens onto a private porch overlooking the greenbelt—an ideal spot for morning coffee or evening relaxation.  The property also includes a versatile detached studio complete with a sink, woodstove, and private porch. Perfect for artists or a home office.  Outside, enjoy views of the Sangre de Cristo Mountains from the landscaped yard, with direct access to the greenbelt leading to a 40-acre county open space—perfect for hiking and exploring. Residents of Madrid also share ownership of the historic Madrid Ballpark, the first lighted ballpark in North America and still a vibrant hub for community events and tournaments. Located within easy walking distance of Madrid’s general store, restaurants, coffee shop, and galleries, this home offers a rare blend of privacy, character, and walkable village living. Convenient access to both Albuquerque and Santa Fe completes the package, making this a truly special opportunity in the heart of Madrid.
    78 days
    |
    157
    |
    3
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia C. Sheff 505-470-6114,

    Sotheby's Int. RE/Grant 505-988-2533

    Source: SFARMLS,MLS#: 202600876MLS LogoOriginating MLS: Santa Fe Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Propane, Wood Stove, Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
      Features
      • No Interior Steps
      • Flooring: Concrete, Tile, Wood
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Wood BurningStove
      Interior area
      • Total structure area: 1,477
      • Total interior livable area: 1,477 sqft

      Property

      Parking
      • Total spaces: 4
      Accessibility
      • Accessibility features: Not ADA Compliant
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 0.55 Acres
      Details
      • Additional structures: Studio Detached
      • Parcel number: 076004137
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin,Other,See Remarks
      • Property subtype: Single Family Residence
      Materials
      • Frame, Metal Siding, Stucco
      • Roof: Pitched
      Condition
      • Unknown

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community/Coop
      • Utilities for property: High Speed Internet Available, Electricity Available

      Community & HOA

      Community
      • Subdivision: Madrid Townsite
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks
      • Services included: Common Areas, Insurance, Road Maintenance
      • HOA fee: $20 annually
      Location
      • Region: Cerrillos

      Financial & listing details

      • Price per square foot: $263/sqft
      • Tax assessed value: $284,664
      • Annual tax amount: $1,991
      • Date on market: 3/18/2026
      • Listing terms: Cash,Conventional,New Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/9/2026Pending sale$389,000$263/sqft
        Source: SFARMLS #202600876 Report a problem
        4/21/2026Price change$389,000-2.8%$263/sqft
        Source: SFARMLS #202600876 Report a problem
        3/18/2026Listed for sale$400,000+14.6%$271/sqft
        Source: SFARMLS #202600876 Report a problem
        9/29/2023Sold--
        Source: Public Record Report a problem
        5/23/2022Listing removed--
        Source: SFARMLS #202201112 Report a problem
        4/14/2022Price change$349,000-5.4%$236/sqft
        Source: SFARMLS #202201112 Report a problem
        4/7/2022Listed for sale$369,000$250/sqft
        Source: SFARMLS #202201112 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,991 +228.8%$284,664 +239%
        2023$606 +2.6%$83,962 +3%
        2022$590 +2%$81,517 +3%
        2021$579 +2.3%$79,143 +209%
        2020$566 +2%$25,612 +3%
        2019$555 +2.7%$24,867 +3%
        2018$540 $24,143 +3%
        2017$540 +3.5%$23,440 +3%
        2016$522 $22,757 +3%
        2015$522 +8.6%$22,094 +3.1%
        2014$480 +23.7%$21,430
        2013$389 +1.6%--
        2012$382 -0.9%--
        2011$386 +1.5%--
        2010$380 +4.9%--
        2009$363 +3.9%--
        2008$349 +1.7%--
        2005$343 +9.3%--
        2004$314 -7.2%--
        2003$338 +5.6%--
        2002$320 -4.5%--
        2001$335 +3.5%--
        2000$324 $18,420

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 87010

          Getting around

          27 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Amy Biehl Community
          • Middle: Capshaw
          • High: Capital

          Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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