35 Cerro Alto Rd is a 2,353 square foot house on a 5.23 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Lamy data, we estimate the home's value is $963,649.
Single-familyProperty Type
2007Year Built
5.23 acresLot Size
$410Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
$963,649
$7,000 since October
Estimate history
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Earn from this home
Rent
$2,674/mo
Redfin rental estimate
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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 35 Cerro Alto Rd
Date
Event
Price
Public Records
Aug 8, 2022
Sold
—
Santa Fe MLS #202202268
Jul 6, 2022
Contingent
—
Jun 20, 2022
Listed
$915,000
$389/sq ft
Santa Fe MLS #700579
Jan 1, 2007
Listed
$730,000
$310/sq ft
Santa Fe MLS #135016
Dec 23, 2005
Listed
$235,950
$100/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,028 (+2.1%)
$44,604 + $245,144
$289,748
2024
$5,903 (−2.1%)
$44,439 + $236,871
$281,310
2023
$6,027 (+62.3%)
$44,439 + $236,118
$280,557
2022
$3,714 (+2.0%)
$31,261 + $141,735
$172,996
2021
$3,641 (+2.3%)
$30,351 + $137,607
$167,958
2020
$3,559 (+2.1%)
$29,467 + $133,599
$163,066
2019
$3,488 (+2.7%)
$29,140 + $129,177
$158,317
2018
$3,396 (+3.6%)
$28,291 + $125,415
$153,706
2017
$3,278 (+6.6%)
$27,467 + $121,762
$149,229
2016
$3,076 (−1.3%)
$47,333 + $97,550
$144,883
2014
$3,115
$47,333 + $101,550
$148,883
Tax history for 35 Cerro Alto Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,028 (+2.1%)
$44,604 + $245,144
$289,748
2024
$5,903 (−2.1%)
$44,439 + $236,871
$281,310
2023
$6,027 (+62.3%)
$44,439 + $236,118
$280,557
2022
$3,714 (+2.0%)
$31,261 + $141,735
$172,996
2021
$3,641 (+2.3%)
$30,351 + $137,607
$167,958
2020
$3,559 (+2.1%)
$29,467 + $133,599
$163,066
2019
$3,488 (+2.7%)
$29,140 + $129,177
$158,317
2018
$3,396 (+3.6%)
$28,291 + $125,415
$153,706
2017
$3,278 (+6.6%)
$27,467 + $121,762
$149,229
2016
$3,076 (−1.3%)
$47,333 + $97,550
$144,883
2014
$3,115
$47,333 + $101,550
$148,883
*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.