new - 1 day on rocket

707 E Palace Ave Unit 11, Santa Fe, NM, 87501

$1,325,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,160 SqFt
$613/SqFt
Condo

Location

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707 E Palace Ave Unit 11, Santa Fe$1,325,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCarport
Year Built1985
HeatingBaseboard, Ductless, Electric
CoolingDuctless, Central Air
FireplaceWood Burning
MLS #202405004
StatusActive

About 707 E Palace Ave Unit 11

Just where you want to be! A quick stroll to the legendary Santa Fe Plaza and arty Canyon Road, this designer’s handsome patio home in the coveted La Vereda Compound on historic Palace Avenue has been meticulously maintained and updated with stylish finishes, elements and conveniences. A private end unit with a glamorous, comfortable, and intelligent floor plan, it is light and bright with high ceilings and 3 privately separated bedroom suites, elegant, and comfortable entertaining spaces inside and out, three fireplaces, and a two car carport. Enjoy relaxing in the secluded, walled, patio courtyard with a kiva fireplace, bancos, and towering old trees above; watch the stars from the expansive treetop deck above with skyline views. Walk to dinner, downtown, the river, museums, and shopping! Lock and leave with this blissfullyeasy lifestyle in a fabulous historic Santa Fe location!

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 1985
  • Stories: 2
  • Living Area: 2,160 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Beamed Ceilings, Interior Steps
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Irrigation System

Utilities

Utilities Information:

  • Heating: Baseboard, Ductless, Electric
  • Cooling: Ductless, Central Air

Other

Directions Information:

  • Directions: East Palace Avenue to La Vereda.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,325,000
  • Price Per SqFt: $613/SqFt

HOA Fees:

  • Amount: $5066
  • Frequency: Annually
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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

707 E Palace Ave Unit 11 vs Santa Fe

1 DAY ON ROCKET

-45 Days

$1,325,000

+$707.1K More

$613/SqFt

+$251 More

KEY TAKEAWAY

This property is $707.1K more than the Median Sold Price and $251/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: #202405004

Listing Office:

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

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: 12/21/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,039

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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-774059
8
/10

  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 0.35 miles

  • Public District Grades KG-6

school-card-donut-774060
9
/10

  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 0.89 miles

  • Public District Grades KG-6

school-card-donut-774061
7
/10

  • Atalaya Elementary School

  • 721 Camino Cabra

  • 1.05 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,750. Typical income of Santa Fe, NM residents is $200k+ annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 707 E Palace Ave Unit 11

What is the listing price of this property?

The listing price of 707 E Palace Ave Unit 11 property is $1,325,000.

What type of property is this?

The property 707 E Palace Ave Unit 11 is a condo located in Santa Fe, New Mexico, 87501.

Is this property for sale now?

Active Listing: 707 E Palace Ave Unit 11 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 707 E Palace Ave Unit 11 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 707 E Palace Ave Unit 11 is 2,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 707 E Palace Ave Unit 11 is 1985.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87501›707 E Palace Ave Unit 11

This home is located at 707 E Palace Ave Unit 11 in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 2,160 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $1,325,000.

While more than 15 listings in Santa Fe, NM in November 2024 were sold above asking price, there were more than 28 listings sold at asking price, and 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. 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.

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