Skip main navigation
For sale
  • $324,000

    1516 S Madison Ave, Roswell, NM 88203

    3beds
    2,696sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 1952
    0.27 Acres Lot
    $312,000 Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Contemporary finishesStainless steel appliancesGranite countertops
    This three-bedroom, two-bathroom property is updated throughout and ready for immediate occupancy. Fresh new flooring and paint refresh every room, while updated bathrooms with new vanities and fixtures deliver modern comfort and style. Inside, the kitchen showcases granite countertops paired with stainless steel appliances, creating a polished cooking and dining space. The living areas flow seamlessly together, enhanced by the contemporary finishes that establish a clean, move-in-ready foundation. Each bedroom offers comfortable accommodations, while the bathrooms feature new vanities and fixtures that reflect current design standards. The updated interior creates an inviting atmosphere where residents can settle in immediately without the need for renovations or improvements. Outside, a fenced backyard provides privacy and security, while a covered patio extends living space for outdoor relaxation and entertaining. The backyard becomes an extension of the property's usable area,
    65 days
    |
    131
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Randy Campbell 505-991-3125,

    Campbell & Campbell Real Estate 505-821-7666

    Source: New Mexico MLS,MLS#: 20262932MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Features
      • Fireplace
      • Flooring: Carpet, Vinyl
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,696
      • Total interior livable area: 2,696 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage, Carport
      • Garage spaces: 2
      • Carport spaces: 1
      • Covered spaces: 3
      Features
      • Stories: 1
      • Patio & porch: Patio Covered
      • Fencing: Back Yard,Block
      Lot
      • Size: 0.27 Acres
      • Topography: Back Yard, Block
      Details
      • Parcel number: 4135063397187000000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Roof: Flat
      Condition
      • Year built: 1952

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Roswell

      Financial & listing details

      • Price per square foot: $120/sqft
      • Tax assessed value: $204,372
      • Annual tax amount: $1,913
      • Date on market: 5/17/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Inclusions: Dishwasher, Disposal, Free-Standing Range, Microwave
      • Electric utility on property: Yes

        Estimated market value

        $312,000

        $296,000 - $328,000

        $1,751/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$324,000+102.5%$120/sqft
        Source: New Mexico MLS #20262932 Report a problem
        3/28/2017Listing removed$160,000$59/sqft
        Source: RE/MAX OF ROSWELL #103563 Report a problem
        9/20/2016Listed for sale$160,000$59/sqft
        Source: RE/MAX OF ROSWELL #103563 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,853 +27.5%$68,124 +31.7%
        2023$1,452 +2.1%$51,732 +1.2%
        2022$1,422 +1.8%$51,139 +3%
        2021$1,397 +2%$49,649 +3%
        2020$1,370 +3.3%$48,203 +3%
        2019$1,326 +17.2%$46,800 +3%
        2018$1,131 +4.5%$45,437 +3%
        2017$1,082 +0%$44,113 +1.5%
        2016$1,082 -4.3%$43,465 +3%
        2015$1,131 -48.3%$42,199 +3%
        2014$2,187 +100.6%$40,970 -3%
        2013$1,090 $42,227 +3%
        2012-- $40,997 +3%
        2011-- $39,803
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 88203

        Getting around

        66 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes