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707 E Palace Ave Unit 15, Santa Fe, NM, 87501

$1,395,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,018 SqFt
$691/SqFt
House

Location

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707 E Palace Ave Unit 15, Santa Fe$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1987
HeatingForced Air
CoolingCentral Air
FireplaceKiva, Wood Burning
MLS #202404799
Lot Size0.04 Acres
StatusActive

About 707 E Palace Ave Unit 15

Perfectly located in the Historic Eastside, this 3 bedroom, 3 bath home with an attached 2 car garage is a rare offering. Located in the desirable La Vereda Compound, the home has been lovingly updated by the current and previous owners. Recent improvements include the kitchen with new counters and Miele appliances, central air conditioning and heating and bathroom upgrades. The open floor plan is perfect for entertaining and flows beautifully between the private patio and the living/dining areas. As an end unit it is bright and airy. The living room with a kiva fireplace, high ceilings, and glass roofed dining area is an inviting space. The drip irrigated, well landscaped gardens, with a zen-like water feature and mature trees offer a relaxing respite. The spacious upper-level primary bedroom suite features a kiva fireplace, walk-in closet, en-suite bath and opens onto a private deck overlooking the trees. The 2 guest bedrooms and baths are separated nicely offering privacy. The rarely found 2 car attached garage features a 220V vehicle charger, new opener, and bicycle storage. This home can be a perfect full-time residence or pied a tierre for a discerning buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 1987
  • Living Area: 2,018 SqFt

Listing Office:

  • Office Name: Santa Fe Properties
  • Office Phone: (505) 982-4466
  • Listing Agent: Robert Thorwald

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Virtual/3D Tour

  • 3D Tour: 707 E Palace Ave Unit 15
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Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Palace avenue east to La Vereda Compound Entrance; enter go uphill and take second right to Unit #15. THe unit will near the end of the common driveway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $691/SqFt

HOA Fees:

  • Amount: $4200
  • Frequency: Annually
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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

707 E Palace Ave Unit 15 vs Santa Fe

31 DAYS ON ROCKET

-15 Days

$1,395,000

+$777.1K More

$691/SqFt

+$329 More

KEY TAKEAWAY

This property is $777.1K more than the Median Sold Price and $329/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: #202404799

Listing Office:

  • Office Name: Santa Fe Properties
  • Office Phone: (505) 982-4466
  • Listing Agent: Robert Thorwald

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, 6:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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-896466
8
/10
  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 0.35 miles

  • Public District Grades KG-6

school-card-donut-896467
9
/10
  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 0.89 miles

  • Public District Grades KG-6

school-card-donut-896468
7
/10
  • Atalaya Elementary School

  • 721 Camino Cabra

  • 1.05 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,750. Residents of Santa Fe, NM typically earn $200k+ each year. Most families are 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 707 E Palace Ave Unit 15

What is the listing price of this property?

The listing price of 707 E Palace Ave Unit 15 property is $1,395,000.

What type of property is this?

The property 707 E Palace Ave Unit 15 is a house located in Santa Fe, New Mexico, 87501.

Is this property for sale now?

Active Listing: 707 E Palace Ave Unit 15 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 15 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 707 E Palace Ave Unit 15 is 2,018 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 707 E Palace Ave Unit 15 is 1987.

Rocket HomesNew MexicoSanta Fe CountySanta Fe87501707 E Palace Ave Unit 15

This home is located at 707 E Palace Ave Unit 15 in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 2,018 square foot home, which was built in 1987, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,395,000.

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. Between October 2024 and November 2024, Santa Fe, NM real estate market has seen decrease in the number of listings by 6.1%. 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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