For sale

$325,000

500 2nd St, Magdalena, NM 87825

3beds

1,688sqft

$2,066/mo

Get pre-qualified

Single Family Residence

Built in 1920

5,662 Square Feet Lot

$-- Zestimate^®

$193/sqft

$-- HOA

What's special

Historic custom adobe homeDesirable corner lotUpdated windowsDurable metal roofClassic diamond-finish wallsFully fenced propertyImmaculate manicured yard

Discover the charm of this historic custom adobe home offering 1,688 sq. ft. on a desirable corner lot with beautiful views & timeless Southwest character. This 3-bedroom, 2-bath residence features classic diamond-finish walls, updated windows, & hardwood & tile flooring throughout. The fully fenced property showcases an immaculate, manicured yard and a durable metal roof for lasting peace of mind. A versatile detached gallery or workshop provides the perfect space for artists, hobbyists, or a private studio. Located in the artisan community of Magdalena, known for its creative spirit and cultural richness, this inviting property blends history, comfort, & inspiration--just an hour & a half from Albuquerque. A rare opportunity to live, create, & thrive in a truly special setting.

145 days

130

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Primary bedroom

Level: Main
Area: 143
Dimensions: 13 x 11

Bedroom 2

Level: Main
Area: 120
Dimensions: 12 x 10

Bedroom 3

Level: Main
Area: 100
Dimensions: 10 x 10

Dining room

Level: Main
Area: 72
Dimensions: 9 x 8

Kitchen

Level: Main
Area: 154
Dimensions: 14 x 11

Living room

Level: Main
Area: 180
Dimensions: 18 x 10

Heating

Electric, Propane, Pellet Stove

Cooling

None

Appliances

Included: Dryer, Free-Standing Gas Range, Refrigerator, Washer
Laundry: Electric Dryer Hookup

Features

Ceiling Fan(s), Cathedral Ceiling(s), Dressing Area, Family/Dining Room, High Ceilings, High Speed Internet, Country Kitchen, Living/Dining Room, Pantry, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
Flooring: Concrete, Tile, Wood
Windows: Double Pane Windows, Insulated Windows, Vinyl, Skylight(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,688
Total interior livable area: 1,688 sqft

Property

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Open, Patio
Exterior features: Privacy Wall, Propane Tank - Owned
Fencing: Full
Has view: Yes

Lot

Size: 5,662 Square Feet
Features: Corner Lot, Landscaped, Many Trees, Views

Details

Additional structures: Covered Arena, Outbuilding, Storage, Workshop
Parcel number: 0121200117
Zoning: Out of MLS Area
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Custom
Property subtype: Single Family Residence

Materials

Adobe, Frame, Stucco
Roof: Metal,Pitched

Condition

Resale
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Propane, Phone Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Original Townsite Addition

Location

Region: Magdalena

Financial & listing details

Price per square foot: $193/sqft
Tax assessed value: $112,417
Annual tax amount: $1,084
Date on market: 3/31/2026
Cumulative days on market: 146 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Dirt, Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/31/2026	Listed for sale	$325,000$193/sqft
Source: SWMLS #1100836 Report a problem
2/14/2026	Listing removed	$325,000$193/sqft
Source: SWMLS #1089698 Report a problem
10/19/2025	Price change	$325,000-5.2%$193/sqft
Source: SWMLS #1089698 Report a problem
8/15/2025	Listed for sale	$343,000$203/sqft
Source: SWMLS #1089698 Report a problem
9/20/2019	Sold	--
Source: SWMLS #917200 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,058 +5.2%	$37,472 +3%
2023	$1,006 -1.4%	$36,381 +3%
2022	$1,020 +5.4%	$35,322 +3%
2021	$967 +1.2%	$34,293 +3%
2020	$956 +171.6%	$33,295 +133.1%
2019	$352 -12.4%	$14,282 -66.7%
2018	$402 +60.6%	$42,887 +61.4%
2017	$250 +4.1%	$26,579 +3%
2016	$240 +76.3%	$25,805 +243.9%
2011	$136 +21.5%	$7,504 -66.1%
2010	$112	$22,109