2-bedroom, 1-bath home in Melrose offering approximately 1,166 sq ft, situated on a large corner lot. The property features a functional layout with a sunroom and bonus/workshop space. Exterior includes a detached garage and carport for ample covered parking. Great opportunity for buyers seeking small-town living with flexible space and potential. Schedule your showing today!
For sale
$130,000
405 N 8th St, Melrose, NM 88124
2beds
1,166sqft
Single Family Residence
Built in 1930
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
Detached garageFunctional layoutLarge corner lot
- 162 days
- 41
- 0
Zillow last checked:
Listing updated:
Listed by:
Michelli Viola 575-268-8031,
Better Homes & Gardens Real Estate Experience 575-760-1141
Source: New Mexico MLS,MLS#: 20262274
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,166
- Total interior livable area: 1,166 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Open
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio Covered
- Fencing: Cross Fenced
Lot
- Topography: Cross Fenced, Irregular Lot
Details
- Parcel number: 118701233929100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Siding
- Roof: Metal
Condition
- Year built: 1930
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $29,538
- Annual tax amount: $847
- Date on market: 4/19/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Cooktop, Gas Water Heater
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $130,000-18.2%$111/sqft |
Source:  New Mexico MLS #20262274 Report a problem | ||
| 3/5/2026 | Listing removed | $159,000$136/sqft |
Source: New Mexico MLS #20255104 Report a problem | ||
| 9/4/2025 | Listed for sale | $159,000$136/sqft |
Source: New Mexico MLS #20255104 Report a problem | ||
| 1/5/2018 | Sold | -- |
Source: New Mexico MLS #20175968 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $192 +3.8% | $9,846 +2.7% |
| 2024 | $186 +17.9% | $9,583 +18.9% |
| 2023 | $157 +2.7% | $8,060 +2.7% |
| 2022 | $153 +6.1% | $7,849 +2.7% |
| 2021 | $144 +1.8% | $7,644 +2.7% |
| 2020 | $142 | $7,445 |
| 2019 | $142 +29% | $7,445 +27.7% |
| 2018 | $110 | $5,829 +3% |
| 2017 | $110 +8.7% | $5,660 +3% |
| 2016 | $101 | $5,496 +3% |
| 2015 | $101 +3% | $5,337 +3% |
| 2014 | $98 | $5,183 |
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: 88124
Nearby schools
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.
