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For sale
  • $325,000

    500 2nd St, Magdalena, NM 87825

    3beds
    1,688sqft
    : 
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    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.
    100 days
    |
    189
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karolyn M Chavez 505-850-8225,

    Realty One of New Mexico 575-854-3470

    Source: SWMLS,MLS#: 1100836MLS Logo

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      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: 101 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Dirt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

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

        Public tax history

        YearProperty taxesTax 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

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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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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        Climate risks

        Neighborhood: 87825

        Getting around

        36 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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