4 months on rocket

56 Balsa Rd, Santa Fe, NM, 87508

$880,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,700 SqFt
$326/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

56 Balsa Rd, Santa Fe$880,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1991
HeatingForced Air, Fireplace(s)
CoolingEvaporative Cooling
FireplaceKiva
MLS #202403421
Lot Size2.00 Acres
StatusActive

About 56 Balsa Rd

Welcome to this enchanting 4-bedroom, 3bedroom home, offering 2,700 sq. ft. of living space on a serene 2-acre lot with mature trees and stunning Sangre Mountain views. Enter through a charming courtyard into a formal living room with kiva fireplace. Then open-concept kitchen flows into the formal dining area and a spacious family room/den with an additional fireplace, creating a warm atmosphere. The primary suite opens to a tranquil garden with a pond, A separate living area with a bonus room and private entrance provides flexibility for guest/office/mother-in-law quarters. Outdoor living shines with a large deck, a recently landscaped backyard in 2023, garden beds, a greenhouse, a treehouse, and a peaceful seating area among the trees. The interior freshly painted and other recent upgrades include a new roof with a transferable warranty until 2023, fresh stucco in 2019, and a remodeled kitchen around 2020 with modern appliances, including a a new fridge (2023) and induction stove. The master bathroom and backyard have been tastefully updated, enhancing the outdoor experience. Additional features include a two-car garage, an enclosed side courtyard with a fountain and soaking tub, a greenroom in the trees., central forced air, and evaporative cooling. This home offers endless possibilities in a peaceful and picturesque setting. A new septic tank is being installed and sellers are offering a $2,000 credit to refinish the deck.

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo, One Story
  • Year Built: 1991
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: Sotheby's Int. RE/Washington
  • Office Phone: (505) 988-8088
  • Listing Agent: Ryan D. Ferguson

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Oven, Range, Refrigerator, Water Heater, Washer, ENERGY STAR Qualified Appliances
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Beamed Ceilings, Interior Steps
  • Fireplace: Kiva

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From 285 turn on Avenida Vista Grande then left on Casa del Oro and left on Balsa, house on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $880,000
  • Price Per SqFt: $326/SqFt

HOA Fees:

  • Amount: $610
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,246
  • 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.

Map thumbnail provided by MapBox

Santa Fe, NM

City

Med. Sold Price

$617.8K

Med. Price/SqFt

$361

Avg. Days On Market

46

# of Sold Homes

131

56 Balsa Rd vs Santa Fe

128 DAYS ON ROCKET

+82 Days

$880,000

+$262.1K More

$326/SqFt

-$36 Less

KEY TAKEAWAY

This property is $262.1K more than the Median Sold Price and $36/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: #202403421

Listing Office:

  • Office Name: Sotheby's Int. RE/Washington
  • Office Phone: (505) 988-8088
  • Listing Agent: Ryan D. Ferguson

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: 12/22/2024, 1:21:00 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$3,246$124,822
2019$3,175$121,187
2018$3,105$117,657
2017$3,021$114,230

History based on county public records data.

Payment Calculator

$4,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,705

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-842433
6
/10

  • Amy Biehl Community School at Rancho Viejo

  • 310 Avienda Del Sur

  • 5.25 miles

  • Public District Grades PK-6

school-card-donut-842434
9
/10

  • Pinon Elementary School

  • 2921 Camino Caballos

  • 6.97 miles

  • Public District Grades PK-6

school-card-donut-842435
4
/10

  • Chaparral Elementary School

  • 2451 Avenida Chaparral

  • 7.46 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 $93,929. The majority of Santa Fe, NM residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Santa Fe, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Santa Fe, NM.

Santa Fe's housing market is characterized by a blend of traditional Pueblo-style homes and contemporary designs, reflecting the area's rich cultural heritage and modern growth. Single-family homes are prevalent, with a significant portion featuring the distinctive adobe construction that echoes the city's historic roots. The market also includes a selection of condominiums and townhouses, accommodating a range of lifestyle needs. While the majority of homes date back to the mid-20th century, there has been a steady influx of new developments to meet the demand of a growing population.

What is it like to live in Santa Fe, NM?

Santa Fe prides itself on its vibrant arts scene and cultural diversity, which are central to the city's identity. The community is celebrated for its numerous galleries, art festivals, and the renowned Santa Fe Opera. The city's character is further enriched by its historical sites, including the Palace of the Governors and the Loretto Chapel, which attract both residents and visitors alike. The local cuisine, influenced by Native American and Spanish flavors, offers a unique culinary experience that is integral to the city's charm.

Is it easy to get around Santa Fe, NM without a car?

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs and preferences. Santa Fe also boasts several higher education institutions, enriching the local intellectual environment. Healthcare services are comprehensive, with facilities offering a range of medical care from primary to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with local businesses and restaurants reflecting the unique cultural tapestry of Santa Fe.

Transportation in Santa Fe, NM.

Transportation in Santa Fe includes a network of roads and highways that connect residents to nearby cities and attractions. The city's public transit system provides routes that cover key areas, facilitating access to essential services and entertainment. While some neighborhoods are more walkable than others, the city as a whole is bike-friendly, with several trails and bike lanes available. Commuters and travelers benefit from the Santa Fe Regional Airport and the Rail Runner Express, which offers train service to Albuquerque. Recent initiatives aim to enhance the efficiency and accessibility of the city's transportation infrastructure.

Frequently Asked Questions About 56 Balsa Rd

What is the listing price of this property?

The listing price of 56 Balsa Rd property is $880,000.

What type of property is this?

The property 56 Balsa Rd is a house located in Santa Fe, New Mexico, 87508.

Is this property for sale now?

Active Listing: 56 Balsa 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 $3,246 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 56 Balsa Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 56 Balsa Rd is 2,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 56 Balsa Rd is 1991.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87508›56 Balsa Rd

This home is located at 56 Balsa Rd in Santa Fe, NM and zip code 87508. This 2,700 square foot home, which was built in 1991, sits on a 2.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $880,000.

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. In November 2024 in Santa Fe, NM there were 6.1% less homes for sale than in October 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.

More Resources