$85,000
$58K PRICE DROP

403 Pinon St E Mountainair, NM 87036

Estimated payment $485/month

Total Views 59,479
4 Beds
1.5 Baths
1,384 Sq Ft
$61 Price per Sq Ft

Highlights

  • Separate Outdoor Workshop
  • Country Kitchen
  • Carpet
  • 2 Car Detached Garage
  • South Facing Home
  • Heating System Uses Natural Gas

About This Home

Great investment opportunity! This older home offers up to 5 bedrooms, a spacious living room, and a country kitchen-ready for full renovation or redevelopment. Sitting on 3 full city lots, there's potential to build an ADU or explore other income-producing options(buyer to verify). Excellent upside for the right buyer-bring your tools and your imagination. Workshop/storage space. Start growing your wealth today! Cash purchase only!

Listing Agent

Amy Romero-Riley

Real Broker, LLC License #45822 Listed on: 11/06/2025

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $297

Year Built

  • Built in 1953

Lot Details

  • 20,473 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Adobe

Interior Spaces

  • 1,384 Sq Ft Home
  • Property has 1 Level
  • Single Hung Metal Windows
  • Electric Dryer Hookup

Kitchen

  • Country Kitchen
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number R015628

Home Details

Home Type

Single Family

Est. Annual Taxes

$297

Year Built

Built in 1953

Lot Details

0.47 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Main Street to Hwy 55. Left to Pinon and then right on Pinon to home on left.
  • Year Built: 1953
  • Lot Size Acres: 0.47
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Gas Range
  • Interior Amenities: Country Kitchen, Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1384.0
  • Window Features: Metal

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Metal, Pitched
  • Fencing: Back Yard
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Frame
  • Direction Faces: South
  • Other Structures: Garage(s), Shed(s), Storage, Workshop
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Storage, Workshop in Garage

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.0
  • Parcel #: R015628
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 296.64

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $308 $12,308 $1,330 $10,978
2024 $279 $11,590 $1,291 $10,299
2023 $558 $10,924 $1,217 $9,707
2022 $122 $10,616 $1,183 $9,433
2021 $119 $11,676 $1,301 $10,375
2020 $114 $10,297 $1,300 $8,997
2019 $113 $10,189 $1,183 $9,006
2018 $112 $10,179 $1,182 $8,997
2017 $108 $10,188 $0 $0
2016 $103 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $9,496 $1,114 $8,382
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Price Changed $85,000 -5.6% $61 / Sq Ft
04/22/2026 04/22/26 Price Changed $90,000 -25.0% $65 / Sq Ft
01/27/2026 01/27/26 Price Changed $120,000 -11.1% $87 / Sq Ft
01/01/2026 01/01/26 Price Changed $135,000 -5.6% $98 / Sq Ft
11/06/2025 11/06/25 For Sale $143,000 -- $103 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1094103

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: R001604201

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