Property is located in a high density traffic area at the intersection of NM-599 and State Road 14. The Valero/Allsup's convenience store is adjacent to the property. It is the intention of the seller to jointly apply to Santa Fe County for a land use entitlement application to modify the zoning to allow commercial uses. The property is located within the Santa Fe Community College District and has a Planned Development District Overlay on the property. See attached documents.
Property Details
Property Features
Listing Office:
Office Name: Sun Mountain Real Estate
Office Phone: (505) 660-6847
Listing Agent: Alexa Rea Keesing
Lot Features
Lot Information:
Lot Size: 2.50 Acres
Other
Directions Information:
Directions: From NM-599 S Exit on I25, turn right onto NM-599 S, continue straight onto Avenida Del Sur. Property is on the right after Allsup's/Valero Station.
Price Information
Listing Price Info
Price Summary:
List Price: $800,000
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.
This property is $182.1K more than the Median Sold Price in Santa Fe, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1035282
Listing Office:
Office Name: Sun Mountain Real Estate
Office Phone: (505) 660-6847
Listing Agent: Alexa Rea Keesing
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,465
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Amy Biehl Community School at Rancho Viejo
310 Avienda Del Sur
Distance between this listing and this school9.68 miles
Public District Grades PK-6
2
/10
Cesar Chavez Elementary School
6251 Jaguar Dr
Distance between this listing and this school10.93 miles
Public District Grades PK-5
3
/10
R.M. Sweeney Elementary School
501 Airport Rd
Distance between this listing and this school11.53 miles
Public District Grades PK-5
Nearby Schools
6
/10
Turquoise Trail Charter School
13A San Marcos Loop
Distance between this listing and this school4.64 miles
Public Charter Grades PK-8
6
/10
El Dorado Community School
2 Avenida Torreon
Distance between this listing and this school10.50 miles
Public District Grades KG-8
3
/10
Nina Otero Community School
5901 Herrera Dr
Distance between this listing and this school10.50 miles
Public District Grades PK-8
Nearby Schools
8
/10
Academy for Technology & Classics
74 A Van NU PO
Distance between this listing and this school8.56 miles
Public Charter Grades 7-12
7
/10
The Masters Program
6401 S Richards Ave Sfcc LL325
Distance between this listing and this school10.23 miles
Public Charter Grades 9-12
5
/10
Capital High School
4851 Paseo Del Sol
Distance between this listing and this school10.63 miles
The neighbors living near this home have an average income of $74,808. The most common annual income of people living in Santa Fe, NM is between $35k-100k. Most families are single, no kids. Most 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.
What are the common housing types 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 are the advantages of living 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.
Are essential services in Santa Fe, NM convenient?
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.
How do Santa Fe, NM residents get around?
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 8 Avenida Del Sur
What is the listing price of this property?
The listing price of 8 Avenida Del Sur property is $800,000.
What type of property is this?
The property 8 Avenida Del Sur is land located in Santa Fe, New Mexico, 87508.
Is this property for sale now?
Active Listing: 8 Avenida Del Sur is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8 Avenida Del Sur in Santa Fe, NM and zip code 87508. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since June 19, 2023 and is currently priced at $800,000.
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 inventory of homes for sale in Santa Fe, NM between October 2024 and November 2024 decreased 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.