Investor Alert! This 3-bedroom, 1.5-bath home is the perfect live-in project with income-producing potential! Bursting with character and unique features throughout, this property is ready for a fresh start and creative vision. Live comfortably in the updated, quaint studio while you bring the main home back to life an ideal setup for contractors, handymen, or savvy investors seeking sweat equity. Located in a prime area close to downtown, youll enjoy walking distance to schools, the library, local coffee shops, and more. With great bones, tons of potential, and a location that cant be beat, this fixer-upper is ready for its next chapter and its next opportunity for growth. Bring your tools and imagination your next investment starts here!
For sale
$125,000
625 S 5th St, Raton, NM 87740
3beds
2,350sqft
Single Family Residence
Built in 1940
10,454 Square Feet Lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
Quaint studio
- 299 days |
- 1,105 |
- 62 |
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#: 20256285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Partial bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Flooring: Carpet, Laminate
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,350
- Total interior livable area: 2,350 sqft
Property
Features
- Exterior features: Deck
Lot
- Size: 10,454 Square Feet
- Topography: Irregular Lot
Details
- Parcel number: 1135185143426
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
Condition
- Year built: 1940
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Raton
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $47,515
- Annual tax amount: $1,141
- Date on market: 11/1/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: Dryer, Refrigerator, Washer
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,008/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $125,000$53/sqft |
Source:  New Mexico MLS #20256285 Report a problem | ||
| 4/22/2026 | Listing removed | $125,000$53/sqft |
Source: New Mexico MLS #20256285 Report a problem | ||
| 11/2/2025 | Listed for sale | $125,000$53/sqft |
Source: New Mexico MLS #20256285 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $434 +1.3% | $15,838 +3% |
| 2024 | $428 +24.4% | $15,377 +3% |
| 2023 | $344 +3.5% | $14,930 +3% |
| 2022 | $333 +0.3% | $14,495 |
| 2021 | $332 -4.7% | $14,495 |
| 2020 | $348 +0.9% | $14,495 |
| 2019 | $345 +11.6% | $14,495 |
| 2018 | $309 +8.5% | $14,495 |
| 2017 | $285 | $14,495 0% |
| 2015 | -- | $14,500 +2.8% |
| 2013 | -- | $14,102 |
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
- 6/10Raton Middle SchoolGrades: 3-6Distance: 0.1 mi
- 7/10Raton High SchoolGrades: 7-12Distance: 0.8 mi
- 3/10Longfellow Elementary SchoolGrades: PK-2Distance: 0.6 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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