For sale

$35,000

108 N 3rd St, Melrose, NM 88124

3beds

1,700sqft

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Single Family Residence

Built in 1927

0.47 Acres Lot

$-- Zestimate^®

$21/sqft

$-- HOA

What's special

Don't miss this exceptional investment property located approximately 20 minutes to Cannon Air Force Base. This property is located in the beautiful peaceful Melrose community. This home is down to the studs and is ready for renovation.

26 days

867

37

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
3/4 bathrooms: 1

Heating

Other

Cooling

Other

Appliances

Laundry: None

Features

Main Level Primary
Flooring: Carpet Free
Windows: Metal, Single Pane
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 1,700
Total interior livable area: 1,700 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Open, Patio
Exterior features: Private Yard

Lot

Size: 0.47 Acres
Features: Lawn, Landscaped, Planned Unit Development, Few Trees

Details

Additional structures: Garage(s)
Parcel number: 118701210618200
Zoning: Out of MLS Area
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame
Foundation: Slab
Roof: Metal,Pitched

Condition

Resale
New construction: No
Year built: 1927

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Green energy

Energy generation: None

Community & HOA

Location

Region: Melrose

Financial & listing details

Price per square foot: $21/sqft
Tax assessed value: $93,153
Annual tax amount: $228
Date on market: 6/12/2026
Listing terms: Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,540/mo

Price history

Date	Event	Price
6/12/2026	Listed for sale	$35,000+42.9%$21/sqft
Source: SWMLS #1105346 Report a problem
3/22/2019	Sold	--
Source: New Mexico MLS #20190064 Report a problem
2/26/2019	Pending sale	$24,500$14/sqft
Source: Campbell & Campbell Real Estat #934988 Report a problem
2/8/2019	Price change	$24,500-10.9%$14/sqft
Source: CAMPBELL & CAMPBELL REAL ESTATE #20190064 Report a problem
1/4/2019	Listed for sale	$27,500-80.2%$16/sqft
Source: CAMPBELL & CAMPBELL REAL ESTATE #20190064 Report a problem
9/18/2018	Listing removed	$138,850$82/sqft
Source: Auction.com Report a problem
8/21/2018	Listed for sale	--
Source: Auction.com Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$31,051 +2.9%
2024	$584 +40.7%	$30,173 +41.9%
2023	$415 +2.9%	$21,264 +2.9%
2022	$404 +6.3%	$20,671 +2.9%
2021	$379 +2%	$20,095 +2.9%
2020	$372	$19,536 +10.9%
2019	$372 +30.5%	$17,612 +2.8%
2018	$285	$17,125 +2.8%
2017	$285 +9.2%	$16,652 +2.8%
2016	$261	$16,193 +2.8%
2015	$261 -9.9%	$15,748 +1.8%
2014	$290	$15,462

Find assessor info on the county website

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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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