NOT LISTED FOR SALE

1602 Jay St Unit 6 Santa Fe, NM 87505

Estimated Value: $559,000 - $1,491,000

1 Bed
7 Baths
4,997 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 25, 2021

Current estimated payment $5,050/month

190 Days on Market

Highlights

  • 19,080 Acre Lot
  • 1-Story Property
  • Heating System Uses Propane
  • Fireplace

About This Home

As of May 2021

5 units plus a studio. Studio unit is encroaching on easement on east boundary. See attached survey and attached title commitment. (Documents on file). Property is being sold "AS IS". City of Santa Fe zoning is a non-conforming use; All approvals regarding construction and updating will have to be approved by the City of Santa Fe; Property is being sold "AS IS", "WHERE IS".

Last Agent to Sell the Property

Louis Gonzales

The Brokerage Realty License #11086 Listed on: 08/27/2020

Last Buyer's Agent

Louis Gonzales

The Brokerage Realty License #11086 Listed on: 08/27/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,122

Lot Details

  • 19,080 Acre Lot

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 4,997 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Oven
  • Range

Utilities

  • No Cooling
  • Heating System Uses Propane

Community Details

  • 6 Units
  • Mountain View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 012871296

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,122

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Subdivision Name: Mountain View
  • Directions: AND OTHER COMMENTS: UTILITIES: MAIN HOUSE & APARTMENTS A, B, C HAVE ELECTRIC AND GAS; APARTMENT D HAS ELECTRIC & HEAT IS PROPANE (WOOD STOVE); STUDIO ELECTRIC TIED WITH METER ON APARTMENT D ALL UNITS ARE ON ONE WATER METER ALL UNITS SHARE ONE COMMON SEWER LINE CONSTRUCTION: MAIN HOUSE IS ADOBE & CINDER BLOCK APARTMENTS A, B, C ARE CINDER BLOCK STUDIO UNKNOWN NO COOLING ANY UNITS POTENTIAL BUYERS ARE ENCOURAGED TO HAVE LICENSED INSPECTORS FOR PLUMBING, ELECTRICAL, & BUILDING MATERIALS IN THE EVENT THEY ARE CONCERNED ABOUT THESE ITEMS; ROOFS SHOULD BE INSPECTED BY LICENSED ROOFER
  • Architectural Style: One Story
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Basement YN: No
  • Fireplace: Yes
  • Interior Amenities: Interior Steps
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Metal, Pitched

Utilities

  • Cooling: None
  • Utilities: Other, See Remarks
  • Heating: Fireplace(s), Propane
  • Security: Dead Bolt(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 19080.0
  • Zoning: R5
  • Land Lease: No
  • Lot Size Sq Ft: 831124800.0
  • Parcel #: 012871296
  • Zoning Description: ZONING R-5; EXISTING USE IS CONSIDERED A NON-CONFORMING USE; DISCLOSE THIS TO POTENTIAL BUYER
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2121.75
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
May 25, 2021
Sold by
Archuleta Veronica and Estate Of Consuelo Valdez
Bought by
Sanchez Frank R
Seller's Agent
Louis Gonzales
The Brokerage Realty
Buyer's Agent
Louis Gonzales
The Brokerage Realty
List Price
$950,000
Current Estimated Value
$882,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$468,750
Outstanding Balance
$68,391
Interest Rate
4.25%
Mortgage Type
Commercial
Estimated Equity
$814,173
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Frank R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Frank R $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold -- -- --
03/01/2021 03/01/21 Off Market -- -- --
03/01/2021 03/01/21 Pending -- -- --
02/19/2021 02/19/21 Off Market -- -- --
10/09/2020 10/09/20 Price Changed $850,000 -10.5% $170 / Sq Ft
08/23/2020 08/23/20 For Sale $950,000 -- $190 / Sq Ft
Source: Santa Fe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,048 $662,414 $108,006 $554,408
2023 $5,048 $643,121 $108,006 $535,115
2022 $4,936 $624,390 $108,006 $516,384
2021 $2,221 $94,355 $18,211 $76,144
2020 $2,153 $91,607 $17,681 $73,926
2019 $2,122 $88,939 $17,166 $71,773
2018 $2,074 $86,349 $16,666 $69,683
2017 $2,020 $83,834 $16,666 $67,168
2016 $1,903 $81,392 $16,667 $64,725
2015 $1,905 $81,004 $16,667 $64,337
2014 $2,164 $94,545 $16,650 $77,895
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Louis Gonzales

    The Brokerage Realty

    Section Image
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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202003568

Santa Fe Association of REALTORS®

APN: 012871296

New Mexico Santa Fe County Santa Fe 87505

1602 Jay St Unit 6, Santa Fe, NM

This home is located at 1602 Jay St Unit 6, Santa Fe, NM 87505 since 27 August 2020 and is currently estimated at $882,564, approximately $176 per square foot. 1602 Jay St Unit 6 is a home located in Santa Fe County with nearby schools including Aspen Community Magnet School, Santa Fe High School, and Ms. Cohen's Homeschool Classroom.

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Santa Fe Association of REALTORS® The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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