7 months on rocket

237 E Palace Ave, Santa Fe, NM, 87501

$3,850,000

3 Bedrooms
2 Full Baths, 1 Partial
5,760 SqFt
$668/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1876
HeatingRadiant
CoolingCentral Air
BasementYes
FireplaceWood Burning
MLS #202401952
Lot Size0.59 Acres
StatusActive

About 237 E Palace Ave

For the discerning and historically minded individual, this property offers a rare opportunity to re-create one of Santa Fe's most iconic downtown residences. Meticiously remodeled and updated in 1998 to house one of Santa Fe's finest galleries - The Peyton Wright Gallery, the property was previoulsy the home for 80+ years for two of Santa Fe's more important historical figures, Willie Spiegelberg and Solomon Spitz. A rare gem in the crown of the City Different, this graceful historically significant residence (designated as a Nationally Historic Place) was originally built c. 1880 by the same European artisans attracted to New Mexico during Archbishop Lamy's building program. With 10 rooms on the first floor, (most with fireplaces that are concealed), a kitchen, and three bathrooms, and a spacious open second floor, the mind wanders with lots of possibilities! Many historic design features have been carefully preserved. Over a half acre lot provides ample space for a carriage or guest house, expanded gardens, and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Territorial
  • Year Built: 1876
  • Stories: 2
  • Living Area: 5,760 SqFt

Listing Office:

  • Office Name: Barker Realty, LLC
  • Office Phone: (505) 982-9836
  • Listing Agent: Natalie Rivera Benavent, David Barker

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Interior Steps
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Virtual/3D Tour

  • 3D Tour: 237 E Palace Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: At the corner of Paseo de Peralta and E Palace Avenue, downtown.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,850,000
  • Price Per SqFt: $668/SqFt

Tax Information:

  • Annual Amount: $19,001
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Santa Fe, NM.

Med. Sold Price

$617.8K

Med. Price/SqFt

$361

Avg. Days On Market

46

# of Sold Homes

131

237 E Palace Ave vs Santa Fe

211 DAYS ON ROCKET

+165 Days

$3,850,000

+$3.2M More

$668/SqFt

+$306 More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $306/SqFt more than other homes in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202401952

Listing Office:

  • Office Name: Barker Realty, LLC
  • Office Phone: (505) 982-9836
  • Listing Agent: Natalie Rivera Benavent, David Barker

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$19,001$581,790
2019$19,080$581,791
2018$18,899$574,442
2017$19,620$592,437

History based on county public records data.

Payment Calculator

$19.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.6K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4549926
8
/10
  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-4549927
8
/10
  • Carlos Gilbert Elementary School

  • 300 Griffin St

  • 0.59 miles

  • Public District Grades KG-6

school-card-donut-4549928
9
/10
  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 0.61 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,500. Most Santa Fe, NM residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 237 E Palace Ave

What is the listing price of this property?

The listing price of 237 E Palace Ave property is $3,850,000.

What type of property is this?

The property 237 E Palace Ave is a house located in Santa Fe, New Mexico, 87501.

Is this property for sale now?

Active Listing: 237 E Palace Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $19,001 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 237 E Palace Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 237 E Palace Ave is 5,760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 237 E Palace Ave is 1876.
Rocket Homes logo

Interested in 237 E Palace Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesNew MexicoSanta Fe CountySanta Fe87501237 E Palace Ave

This home is located at 237 E Palace Ave in Santa Fe, NM and zip code 87501 in the Downtown Santa Fe neighborhood. This 5,760 square foot home, which was built in 1876, sits on a 0.59 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $3,850,000.

In November 2024, from all listings sold in Santa Fe, NM there were more than 15 sold above asking price, over 87 sold below and more than 28 were sold right at the asked price. The number of listings in Santa Fe, NM decreased by 6.1% between October 2024 and November 2024. Listings spent 46 days on the market in November 2024, and had a median list price of $617,833 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources