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551 Canyon Rd, Santa Fe, NM, 87505

$850,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
1,544 SqFt
$551/SqFt
House

Location

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551 Canyon Rd, Santa Fe$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1934
HeatingFloor Furnace
CoolingNone
FireplaceWood Burning
MLS #202404709
Lot Size0.06 Acres
StatusActive

About 551 Canyon Rd

Tucked away behind the Santa Fe Historical Foundation (El Zaguán), this versatile Canyon Road property features high ceilings throughout, a tremendous great room perfect for entertaining or as a gallery space, and numerous historic decorative elements. Teeming with potential as either a residence or a gallery space and priced in consideration of the condition of the property, which is in need of a refresh. An ideal opportunity for the visionary owner.

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 1934
  • Living Area: 1,544 SqFt

Listing Office:

  • Office Name: Landseer Management
  • Office Phone: (505) 313-0099
  • Listing Agent: Patrick Barry

Interior Features

Interior Information:

  • Basement: No
  • Interior: Interior Steps
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Street parking is available on Canyon Road. There is also parking adjacent to the property. Please use discretion when parking on or near neighboring properties.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $551/SqFt

Tax Information:

  • Annual Amount: $2,540
  • 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

$617.3K

Med. Price/SqFt

$361

Avg. Days On Market

49

# of Sold Homes

158

551 Canyon Rd vs Santa Fe

1 DAY ON ROCKET

-48 Days

$850,000

+$232.6K More

$551/SqFt

+$190 More

KEY TAKEAWAY

This property is $232.6K more than the Median Sold Price and $190/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: #202404709

Listing Office:

  • Office Name: Landseer Management
  • Office Phone: (505) 313-0099
  • Listing Agent: Patrick Barry

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: 11/21/2024, 3:20:51 AM 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$2,540$105,682
2019$2,504$102,604
2018$2,448$99,616
2017$2,387$96,715

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-162452
8
/10

  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 0.13 miles

  • Public District Grades KG-6

school-card-donut-162453
9
/10

  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 0.64 miles

  • Public District Grades KG-6

school-card-donut-162454
8
/10

  • Carlos Gilbert Elementary School

  • 300 Griffin St

  • 0.99 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 $52,885. The majority of Santa Fe, NM residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Canyon Rd

What is the listing price of this property?

The listing price of 551 Canyon Rd property is $850,000.

What type of property is this?

The property 551 Canyon Rd is a house located in Santa Fe, New Mexico, 87505.

Is this property for sale now?

Active Listing: 551 Canyon Rd 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 $2,540 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 551 Canyon Rd has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 551 Canyon Rd is 1,544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 Canyon Rd is 1934.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87505›551 Canyon Rd

This home is located at 551 Canyon Rd in Santa Fe, NM and zip code 87505 in the Historic Santa Fe neighborhood. This 1,544 square foot home, which was built in 1934, sits on a 0.06 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $850,000.

Over 18 listings were sold over their listed price in October 2024 in Santa Fe, NM. In the same period over 105 listings were sold below the listed price and 35 listings were sold for the listed price. The number of listings in Santa Fe, NM increased by 1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $617,369, while the average time on the real estate market was 49 days.

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

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