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Single Family ResidenceResidential
$169,207$338 / 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 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

48 MADRID HTS

CERRILLOS, NM 87010
1
Beds
1
Baths
500 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.
20 ac
Lot SizeThe size of the land the home sits on, from county records.
1978
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$169K
$156K low$183K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$475 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$24,831 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$13,616
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$11,215
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$24,108
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$74,493

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.32 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySanta Fe
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.1980
Lot (acres)The size of the land the home sits on, from county records.20.00
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.None
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Amy Biehl Community School at Rancho ViejoC-
Elementary · Grades PK–6 · 15.7 mi
H
Santa Fe High School
High · Grades 9–12 · 17.6 mi
M
Milagro Middle SchoolB
Middle · Grades 7–8 · 20.2 mi

District: Santa Fe Public Schools

Neighborhood · ZIP 87010These 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.149
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.99

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.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.1,412
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$50,812
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$62,509
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

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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

48 Madrid Hts 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.

  • Among the least valuable homes in Cerrillos 87010
  • Among the smallest homes in Santa Fe County
  • Has a bigger lot than 97% of homes in Santa Fe County
  • Older than 67% of homes in Santa Fe County

What homes are worth in Cerrillos 87010

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

This home
$206K$1.4M

This home is worth less than almost all homes in Cerrillos 87010.

How it measures up in Cerrillos 87010

The dot is this home. The mark in the middle is the typical home in Cerrillos 87010.

Estimated value$169,207
CheaperTypical $447,197Pricier

Cheaper than almost all homes nearby

Price per ft²$338
CheaperTypical $328Pricier

Pricier than 55% of homes nearby

Living area500 ft²
SmallerTypical 1,387 ft²Bigger

Bigger than 6% of homes nearby

Lot size20 ac
SmallerTypical 19.93 acBigger

Bigger than 58% of homes nearby

Year built1978
OlderTypical 1987Newer

Newer than 36% of homes nearby

How 48 Madrid Hts ranks against every home in each area.
MeasureThis homeCerrillos 87010Santa Fe County
Estimated valuepricier than$169,207almost no homesalmost no homes
Price per ft²pricier than$33855% of homes51% of homes
Living areabigger than500 ft²6% of homesalmost no homes
Lot sizebigger than20 ac58% of homes97% of homes
Year builtnewer than197836% of homes33% of homes

About 48 Madrid Hts

How much is 48 Madrid Hts, Cerrillos, NM worth?

The TopHap Estimate for 48 Madrid Hts, Cerrillos, NM is $169,207 as of Aug 30, 2026. The likely range is $155,634 to $182,780. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 48 Madrid Hts, Cerrillos, NM?

48 Madrid Hts, Cerrillos, NM has 1 bedrooms, 1 bathrooms, 500 square feet of living space and a 20.00-acre lot.

When was 48 Madrid Hts, Cerrillos, NM built?

48 Madrid Hts, Cerrillos, NM was built in 1978, making it 48 years old. The building has 1 story.

What schools serve 48 Madrid Hts, Cerrillos, NM?

48 Madrid Hts, Cerrillos, NM is assigned to Amy Biehl Community School at Rancho Viejo (elementary), rated C-; Santa Fe High School (high); Milagro Middle School (middle), rated B. All sit in Santa Fe Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48 Madrid Hts, Cerrillos, NM compare to other homes in Cerrillos 87010?

Among the 751 homes in Cerrillos 87010, it is worth more than almost none of them ($169,207 against a typical $447,197), its price per square foot is higher than 55% of them ($338 against a typical $328), it is bigger than 6% of them (500 ft² against a typical 1,387 ft²), its lot is bigger than 58% of them (20 ac against a typical 19.93 ac) and it is newer than 36% of them (1978 against a typical 1987). Measured against all of Santa Fe County, it is worth more than almost no 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 48 Madrid Hts, Cerrillos, NM?

The 2025 property tax bill for 48 Madrid Hts, Cerrillos, NM was $475. The county assessed it at $24,831.

More homes on Madrid Hts

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Assigned schools

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