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Sale Pending

875 E Palace Ave, Santa Fe, NM, 87501

$1,250,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,676 SqFt
$746/SqFt
Condo

Location

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875 E Palace Ave, Santa Fe$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage
Attached Garage1 space
Year Built1986
HeatingDuctless, Radiant
CoolingDuctless, Central Air
FireplaceKiva, Wood Burning
MLS #1074358
StatusSale Pending
(Pending)

About 875 E Palace Ave

Enjoy the beauty and charm of this wonderful setting along historic E Palace Ave, conveniently located within a short distance to the Santa Fe Plaza, and the many restaurants and art galleries along Canyon Rd. This beautifully renovated home offers a rare blend of charm and modern convenience with beautiful hardwood floors, a charming wood burning Kiva fireplace, a tastefully renovated kitchen with white shaker style cabinetry, rich granite countertops, and updated stainless steel appliances. On the main level you will find a warm and inviting living room, the kitchen, a powder bath, and a dining room with a den. Upstairs there are 2 bedrooms each with their own en-suite bathrooms and a rooftop deck to enjoy the beautiful weather. The private backyard offers great outdoor living space.

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 1986
  • Stories: 2
  • Living Area: 1,676 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 319-1604
  • Listing Agent: Dominic Serna

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Wine Cooler, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Beamed Ceilings, Breakfast Area, Separate/Formal Dining Room, Great Room, In-Law Floorplan, Living/Dining Room, Multiple Living Areas, Multiple Primary Suites, Pantry, Tub Shower
  • Fireplace: Kiva, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Courtyard, Fire Pit, Private Yard, Water Feature

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Landscaped

Utilities

Utilities Information:

  • Heating: Ductless, Radiant
  • Cooling: Ductless, Central Air

Other

Directions Information:

  • Directions: From Paseo De Peralta and E. Palace Ave, head East on E. Palace Ave to the home on your Left. Park in driveway

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $746/SqFt

HOA Fees:

  • Amount: $2200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,337
  • 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

$625.4K

Med. Price/SqFt

$361

Avg. Days On Market

79

# of Sold Homes

140

875 E Palace Ave vs Santa Fe

6 DAYS ON ROCKET

-73 Days

$1,250,000

+$624.5K More

$746/SqFt

+$384 More

KEY TAKEAWAY

This property is $624.5K more than the Median Sold Price and $384/SqFt more than other homes in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1074358

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 319-1604
  • Listing Agent: Dominic Serna

IDXThe 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.

Copyright © 2025 Southwest Multiple Listing Service. 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: 1/2/2025, 9:20:49 PM 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$5,337$222,093
2019$4,158$172,394
2018$4,065$167,373
2017$3,962$162,499

History based on county public records data.

Payment Calculator

$6,489

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-47351
8
/10

  • Acequia Madre Elementary School

  • 700 Acequia Madre

  • 0.35 miles

  • Public District Grades KG-6

school-card-donut-47352
7
/10

  • Atalaya Elementary School

  • 721 Camino Cabra

  • 0.83 miles

  • Public District Grades PK-6

school-card-donut-47353
9
/10

  • Wood-Gormley Elementary School

  • 141 E Booth St

  • 0.96 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 $78,378. Typical income of Santa Fe, NM residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 875 E Palace Ave

What is the listing price of this property?

The listing price of 875 E Palace Ave property is $1,250,000.

What type of property is this?

The property 875 E Palace Ave is a condo located in Santa Fe, New Mexico, 87501.

Is this property for sale now?

Sale Pending: 875 E Palace Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,337 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 875 E Palace Ave has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 875 E Palace Ave is 1,676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 875 E Palace Ave is 1986.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87501›875 E Palace Ave

This home is located at 875 E Palace Ave in Santa Fe, NM and zip code 87501 in the North Hills neighborhood. This 1,676 square foot home was built in 1986. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $1,250,000.

Over 15 listings were sold over their listed price in December 2024 in Santa Fe, NM. In the same period over 98 listings were sold below the listed price and 27 listings were sold for the listed price. The number of listings in Santa Fe, NM decreased by 9.4% between November 2024 and December 2024. While the average time on the market in December 2024 was 79 days, the median list price was $625,409.

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

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