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Single Family ResidenceResidential
$245,307$100 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $140,900 on Jan 11, 2017

1507 MADISON AVE

ROSWELL, NM 88203
3
Beds
2
Baths
2,453 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1952
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$245K
$220K low$270K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$140,900 · Jan 11, 2017
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$106,244
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$84,995
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.57%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$139,063
GREENLIGHT LOANS · recorded Jan 11, 2017

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,277 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$48,833 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,867
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$45,966
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$46,950
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$146,499

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCHAVES
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1984
Lot (acres)The size of the land the home sits on, from county records.0.26
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 276 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Roswell High SchoolD+
High · Grades 9–12 · 0.3 mi
E
Valley View Elementary SchoolB+
Elementary · Grades PK–5 · 0.3 mi
M
Sierra Middle SchoolD+
Middle · Grades 6–8 · 1.9 mi

District: Roswell Independent Schools

Neighborhood · ZIP 88203These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.112
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.25

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.1%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.28,868
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.56 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$40,424
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$56,666
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.16 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.74%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1507 Madison Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Roswell 88203
  • Costs less per square foot than 68% of homes in Chaves County
  • Bigger than 96% of homes in Roswell 88203
  • Has a bigger lot than 81% of homes in Roswell 88203
  • Older than 80% of homes in Chaves County

What homes are worth in Roswell 88203

Each bar is how many homes fall in that price range. The marker is this home.

This home
$47K$421K

This home is worth more than 89% of homes in Roswell 88203.

How it measures up in Roswell 88203

The dot is this home. The mark in the middle is the typical home in Roswell 88203.

Estimated value$245,307
CheaperTypical $142,067Pricier

Pricier than 89% of homes nearby

Price per ft²$100
CheaperTypical $108Pricier

Pricier than 42% of homes nearby

Living area2,453 ft²
SmallerTypical 1,289 ft²Bigger

Bigger than 96% of homes nearby

Lot size0.26 ac
SmallerTypical 0.18 acBigger

Bigger than 81% of homes nearby

Year built1952
OlderTypical 1959Newer

Newer than 26% of homes nearby

How 1507 Madison Ave ranks against every home in each area.
MeasureThis homeRoswell 88203Chaves County
Estimated valuepricier than$245,30789% of homes73% of homes
Price per ft²pricier than$10042% of homes32% of homes
Living areabigger than2,453 ft²96% of homes90% of homes
Lot sizebigger than0.26 ac81% of homes65% of homes
Year builtnewer than195226% of homes20% of homes

About 1507 Madison Ave

How much is 1507 Madison Ave, Roswell, NM worth?

The TopHap Estimate for 1507 Madison Ave, Roswell, NM is $245,307 as of Jul 14, 2026. The likely range is $220,496 to $270,118. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1507 Madison Ave, Roswell, NM last sell?

1507 Madison Ave, Roswell, NM last sold on Jan 11, 2017 for $140,900, according to the county's recorded deed.

How big is 1507 Madison Ave, Roswell, NM?

1507 Madison Ave, Roswell, NM has 3 bedrooms, 2 bathrooms, 2,453 square feet of living space and a 0.26-acre lot.

When was 1507 Madison Ave, Roswell, NM built?

1507 Madison Ave, Roswell, NM was built in 1952, making it 74 years old. The building has 1 story.

What schools serve 1507 Madison Ave, Roswell, NM?

1507 Madison Ave, Roswell, NM is assigned to Roswell High School (high), rated D+; Valley View Elementary School (elementary), rated B+; Sierra Middle School (middle), rated D+. All sit in Roswell Independent Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1507 Madison Ave, Roswell, NM compare to other homes in Roswell 88203?

Among the 10,965 homes in Roswell 88203, it is worth more than 89% of them ($245,307 against a typical $142,067), its price per square foot is higher than 42% of them ($100 against a typical $108), it is bigger than 96% of them (2,453 ft² against a typical 1,289 ft²), its lot is bigger than 81% of them (0.26 ac against a typical 0.18 ac) and it is newer than 26% of them (1952 against a typical 1959). Measured against all of Chaves County, it is worth more than 73% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1507 Madison Ave, Roswell, NM?

The 2026 property tax bill for 1507 Madison Ave, Roswell, NM was $1,277. The county assessed it at $48,833.

Closest homes

More homes in Roswell 88203

Assigned schools

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