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Market trends in 87540, NM
Last updated October 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-list price
98.7%
+3.6% MoM
Median sale price
$889K
$89K MoM
Avg. days on market
65d
4 days MoM
Recently sold homes
3
5 MoM
Provided by Redfin
Sale history for 21 Cerro Alto Rd
Date
Event
Price
Public Records
Dec 19, 2019
Sold
—
Santa Fe MLS #201800381
Nov 25, 2019
Contingent
—
Jan 31, 2018
Listed
$139,000
Santa Fe MLS #201602268
May 17, 2016
Listed
$149,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,206 (+0.4%)
$41,950
2024
$1,202 (−0.1%)
$42,011
2023
$1,204 (+9.8%)
$42,011
2022
$1,097 (+20.9%)
$37,799
2021
$907 (+12.0%)
$31,133
2020
$810
$27,799
2019
$810
$27,799
2018
$810
$27,799
Tax history for 21 Cerro Alto Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,206 (+0.4%)
$41,950
2024
$1,202 (−0.1%)
$42,011
2023
$1,204 (+9.8%)
$42,011
2022
$1,097 (+20.9%)
$37,799
2021
$907 (+12.0%)
$31,133
2020
$810
$27,799
2019
$810
$27,799
2018
$810
$27,799
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RES-F
Residential Fringe District
The purpose of the Residential Fringe RES-F district is to designate areas suitable for a combination of estate-type residential development, smaller-scale agricultural uses, ranchettes and other compatible uses. The RES-F district provides an intermediate step in single-family residential development between open space and; or agricultural/ ranching lands, and typically suburban residential densities. The RES-F district may be comprised of a variety of residential lot sizes, clustered housing and community open space and can include limited agricultural use accessory to residential uses. Density transfers and clustered development shall be allowed in order to support continued farming and/or ranching activities, conserve open space or protect scenic features and environmentally sensitive areas.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Medical office
Educational/school
Library
Recreation
Property details
Exterior
Property Information
Subdivision Name: SPIRIT WIND RANCH
Legal Description: T15N R10E S32 4.3180 AC LOT 19 SPIRIT WIND RANCH S/D
Lot Information
Land Sq. Ft: 188,092
Legal Lot Number: 19
Municipality Name: SANTA FE OUT CITY LIMITS
Acres: 4.318
County Use Description: VACANT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 4.32 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Santa Fe County
APN: 910008897
Home facts updated by county records on Apr 9, 2026
Around this home
Schools
K - 12
Preschool & daycare
El Dorado Community School
Public PreK-8 • Assigned • 4.2mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lamy, NM • 87540
Average low and high temperatures (°F)
42°
21°
56°
31°
64°
35°
66°
39°
73°
46°
85°
57°
87°
61°
85°
60°
76°
52°
67°
45°
54°
33°
51°
30°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.5 hours in
June and 7 hours in December, placing it above the
U.S. average for solar exposure.
11.5 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$167,000 – $202,000
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