For sale

Price cut: $7.5K (7/2)

$42,300

524 S 1st St, Raton, NM 87740

2beds

1,025sqft

N/A

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Single Family Residence

Built in 1900

10,454 Square Feet Lot

$-- Zestimate^®

$41/sqft

$-- HOA

What's special

Several storage buildingsUnfinished basementLarge lot

Single Family Site Built home on large lot with 2 bedrooms, 1 bathroom and unfinished basement. Home features a large lot, several storage buildings and a detached 2 car garage. Home is eligible for FHA $100 down payment program when using FHA 203(k) financing.

163 days

920

57

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Has Heating (Unspecified Type)

Features

Flooring: Carpet, Laminate
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 1,025
Total interior livable area: 1,025 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Open
Garage spaces: 2
Has uncovered spaces: Yes

Features

Fencing: Back Yard

Lot

Size: 10,454 Square Feet
Topography: Back Yard, Irregular Lot

Details

Parcel number: 1135185274448

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Stucco
Roof: Metal

Condition

Year built: 1900

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Raton

Financial & listing details

Price per square foot: $41/sqft
Tax assessed value: $69,509
Annual tax amount: $635
Date on market: 2/21/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA
Inclusions: Dishwasher, Disposal, Free-Standing Range, Range Hood
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$912/mo

Price history

Date	Event	Price
7/2/2026	Price change	$42,300-15.1%$41/sqft
Source: New Mexico MLS #20261040 Report a problem
6/26/2026	Listed for sale	$49,800$49/sqft
Source: New Mexico MLS #20261040 Report a problem
7/10/2020	Listing removed	--
Source: Hudson & Marshall Report a problem
3/8/2020	Listed for sale	--
Source: Hudson & Marshall Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$635 +1.3%	$23,170 +3%
2024	$626 +24.4%	$22,495 +3%
2023	$503 +3.5%	$21,840 +3%
2022	$487 +1.7%	$21,204 +1.4%
2021	$478 -1.9%	$20,913 +3%
2020	$488 +3.9%	$20,304 +3%
2019	$469 +15%	$19,713 +3%
2018	$408 +8.5%	$19,139
2017	$376	$19,139 +0.5%
2015	--	$19,043
2013	--	$19,043

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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