For sale

Price cut: $10K (7/23)

$425,000

7 Charles Way, Edgewood, NM 87015

4beds

1,816sqft

$2,546/mo

Get pre-qualified

Single Family Residence

Built in 2023

3.57 Acres Lot

$423,700 Zestimate^®

$234/sqft

$-- HOA

What's special

[[offering 5k seller credit]] Discover your private retreat on over 3 serene acres. Built in 2023, this modern 4-bedroom, 2-bath home offers the perfect blend of comfort and privacy. Features include refrigerated air for warm days, a cozy wood-burning stove for winter nights, and no carpet--only wood-look laminate flooring throughout. The split floor plan provides privacy with the primary suite separated from the secondary bedrooms. An open-concept layout seamlessly connects the living, dining, and kitchen areas, ideal for entertaining. Enjoy breathtaking views, expansive outdoor space, and the convenience of a private well. Move-in ready and qualifies for a USDA loan with 0% down.

204 days

715

35

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 197.12
Dimensions: 14.08 x 14

Kitchen

Level: Main
Area: 201.9
Dimensions: 15.33 x 13.17

Living room

Level: Main
Area: 251.81
Dimensions: 14.9 x 16.9

Heating

Propane

Cooling

Refrigerated

Appliances

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

Features

Ceiling Fan(s), Dual Sinks, Family/Dining Room, Kitchen Island, Living/Dining Room, Main Level Primary, Pantry, Shower Only, Separate Shower
Flooring: Laminate
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 1,816
Total interior livable area: 1,816 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Propane Tank - Leased

Lot

Size: 3.57 Acres

Details

Additional structures: Shed(s)
Parcel number: R028672
Zoning description: A-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Resale
New construction: No
Year built: 2023

Details

Builder name: Owner

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Propane

Green energy

Energy generation: None

Community & HOA

Location

Region: Edgewood

Financial & listing details

Price per square foot: $234/sqft
Tax assessed value: $81,523
Annual tax amount: $653
Date on market: 1/24/2026
Cumulative days on market: 200 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$423,700

$403,000 - $445,000

$2,353/mo

Price history

Date	Event	Price
7/23/2026	Price change	$425,000-2.3%$234/sqft
Source: SWMLS #1097258 Report a problem
5/23/2026	Price change	$435,000-2.2%$240/sqft
Source: SWMLS #1097258 Report a problem
4/1/2026	Price change	$445,000-4.3%$245/sqft
Source: SWMLS #1097258 Report a problem
2/16/2026	Price change	$465,000-3.1%$256/sqft
Source: SWMLS #1097258 Report a problem
2/4/2026	Price change	$480,000-2%$264/sqft
Source: SWMLS #1097258 Report a problem
1/24/2026	Listed for sale	$490,000+14%$270/sqft
Source: SWMLS #1097258 Report a problem
4/17/2025	Listing removed	$430,000$237/sqft
Source: SWMLS #1076117 Report a problem
3/7/2025	Price change	$430,000-6.5%$237/sqft
Source: SWMLS #1076117 Report a problem
2/28/2025	Price change	$460,000-2.1%$253/sqft
Source: SWMLS #1076117 Report a problem
1/8/2025	Listed for sale	$470,000$259/sqft
Source: SWMLS #1076117 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$681 +725.7%	$27,174 +726%
2023	$82	$3,290
2022	$82 -0.2%	$3,290 +0%
2021	$83 -2.7%	$3,289
2020	$85 +2.9%	$3,289 +3%
2019	$83 0%	$3,194
2018	$83	$3,194
2017	--	$3,194
2016	--	--
2015	--	--
2014	--	$2,894
2013	--	--
2012	--	--
2011	--	--
2010	--	$8,691