3 months on rocket

509 Silva St, Santa Fe, NM, 87505

$615,000

Home List Price

$7,303*

Closing Credit

4 Bedrooms
4 Full Baths
2,277 SqFt
$270/SqFt
House

Location

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509 Silva St, Santa Fe$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1970
HeatingElectric, Wood Stove
CoolingNone
BasementYes
FireplaceWood Burning Stove
MLS #202337714
Lot Size0.17 Acres
StatusActive

About 509 Silva St

Discover a fantastic investment opportunity with this charming four-unit property, near the Heart of Santa Fe. This traditional New Mexico style property, with a total living space of 2,277 sq ft, exudes the authentic Southwest charm that draws renters seeing a true Santa Fe Experience. Every space consists of classic vigas, colorful elements and wood detailing throughout. Three of units being one bedroom, one bath, and one studio apartment equipped with adequate living and cooking room. Located just minutes from downtown Santa Fe, this property offers easy access to the city's vibrant cultural scene, shopping, and dining establishments. Its convenient location makes it an attractive option for potential renters looking for convenience and unique character. This property presents a lucrative opportunity for generating consistent monthly income for its new owner whether living on property or renting all units.

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured Home, Mobile Home, One Story, Spanish
  • Year Built: 1970
  • Living Area: 2,277 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (505) 983-5151
  • Listing Agent: Francesco R. Crisafulli

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Cooktop, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: No Interior Steps
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 509 Silva St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wood Stove
  • Cooling: None

Other

Directions Information:

  • Directions: Agua Fria to Silva Street, house located down long driveway. Unable to see house from street. Please be mindful not to block tenants vehicles.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $270/SqFt

Tax Information:

  • Annual Amount: $2,257
  • Tax Year: 2020
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Housing Market Comparison

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

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Santa Fe, NM

City

Med. Sold Price

$617.8K

Med. Price/SqFt

$361

Avg. Days On Market

46

# of Sold Homes

131

509 Silva St vs Santa Fe

116 DAYS ON ROCKET

+70 Days

$615,000

-$2.8K Less

$270/SqFt

-$92 Less

KEY TAKEAWAY

This property is $2.8K less than the Median Sold Price and $92/SqFt less 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: #202337714

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (505) 983-5151
  • Listing Agent: Francesco R. Crisafulli

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, 2:21:01 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$2,257$93,920
2019$2,225$91,185
2018$2,176$88,529
2017$2,122$85,951

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-12841
3
/10

  • Salazar Elementary School

  • 1231 Apache Ave

  • 1.24 miles

  • Public District Grades PK-6

school-card-donut-12842
4
/10

  • E.J. Martinez Elementary School

  • 401 North San Mateo

  • 1.37 miles

  • Public District Grades PK-6

school-card-donut-12843
9
/10

  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 1.46 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,417. Residents of Santa Fe, NM typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Silva St

What is the listing price of this property?

The listing price of 509 Silva St property is $615,000.

What type of property is this?

The property 509 Silva St is a house located in Santa Fe, New Mexico, 87505.

Is this property for sale now?

Active Listing: 509 Silva St 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 $2,257 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 509 Silva St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 509 Silva St is 2,277 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Silva St is 1970.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87505›509 Silva St

This home is located at 509 Silva St in Santa Fe, NM and zip code 87505 in the City Limits Southwest neighborhood. This 2,277 square foot home, which was built in 1970, sits on a 0.17 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $615,000.

In November 2024 more than 15 listings in Santa Fe, NM were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 87 were sold below. The number of homes for sale in Santa Fe, NM decreased by 6.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $617,833, while the average time on the real estate market was 46 days.

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

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