1607 5th St Santa Fe, NM 87505
Southwest Santa Fe NeighborhoodEstimated payment $3,083/month
Highlights
- No HOA
- 1-Story Property
- Refrigerated and Evaporative Cooling System
- No Interior Steps
About This Home
Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing. The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Home Design
- Triplex
- Flat Roof Shape
Interior Spaces
- 1,740 Sq Ft Home
- 1-Story Property
Schools
- Aspen Community Magnet School K-8 Elementary And Middle School
- Santa Fe High School
Utilities
- Refrigerated and Evaporative Cooling System
- Separate Meters
- 220 Volts
Additional Features
- No Interior Steps
- 4,727 Sq Ft Lot
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 010856576
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,380 | $445,286 | $105,000 | $340,286 |
| 2024 | $3,294 | $432,317 | $105,000 | $327,317 |
| 2023 | $3,393 | $432,317 | $105,000 | $327,317 |
| 2022 | $1,634 | $206,639 | $73,156 | $133,483 |
| 2021 | $1,608 | $66,874 | $23,675 | $43,199 |
| 2020 | $2,317 | $96,401 | $28,333 | $68,068 |
| 2019 | $1,538 | $63,036 | $22,316 | $40,720 |
| 2018 | $1,504 | $61,200 | $21,666 | $39,534 |
| 2017 | $1,305 | $52,856 | $21,666 | $31,190 |
| 2016 | $1,230 | $51,317 | $21,667 | $29,650 |
| 2015 | $1,362 | $56,487 | $21,667 | $34,820 |
| 2014 | $1,365 | $58,362 | $21,645 | $36,717 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2026 09/08/26 | For Sale | $496,084 | 0.0% | $285 / Sq Ft | |
| 09/01/2026 09/01/26 | Pending | -- | -- | -- | |
| 05/06/2026 05/06/26 | For Sale | $496,084 | +12.7% | $285 / Sq Ft | |
| 02/16/2022 02/16/22 | Sold | -- | -- | -- | View Prior Sale |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- | |
| 10/06/2021 10/06/21 | For Sale | $440,000 | +112.9% | -- | |
| 10/30/2015 10/30/15 | Sold | -- | -- | -- | View Prior Sale |
| 09/23/2015 09/23/15 | Pending | -- | -- | -- | |
| 08/31/2015 08/31/15 | For Sale | $206,700 | -- | $130 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Rio Grande Title Co Inc | |
| Special Warranty Deed | -- | Rio Grande Title Co Inc | |
| Deed In Lieu Of Foreclosure | -- | Fidelity National Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | First American Title Ins Co | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Territorial Abstract & Title | |
| Special Warranty Deed | -- | Territorial Abstract & Title | |
| Legal Action Court Order | -- | Rose Little & Associates Pc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $178,500 | New Conventional | |
| Previous Owner | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $303,750 | Unknown | |
| Previous Owner | $212,000 | Purchase Money Mortgage | |
| Previous Owner | $215,650 | Purchase Money Mortgage | |
| Previous Owner | $95,250 | No Value Available | |
| Previous Owner | $78,000 | No Value Available |
Source: Santa Fe Association of REALTORS®
MLS Number: 202601933
APN: 010856576
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
- 1819 Puye Rd
- 321 Tesuque Dr
- 1949 Hano Rd
- 1404 Zuni St
- 1823 Otowi Rd
- 2116 Avenida de Las Alturas
- 1713 Montano St
- 601 San Mateo Unit 119 Rd Unit 119
- 1391 Santa Rosa Dr
- 601 San Mateo Unit 123 Rd Unit 123
- 601 San Mateo Unit 124 Rd Unit 124
- 601 San Mateo Unit 125 Rd Unit 125
- 814 Camino de Monte Rey Unit 112
- 601 W San Mateo Rd Unit 62
- 601 W San Mateo Rd Unit 21
- 601 W San Mateo Rd Unit 6
- 1919 San Ildefonso Rd
- 1929 San Ildefonso Rd
- 1401 Santa Cruz Dr
- 1361 Santa Rosa Dr
- 1707 Espinacitas St Unit B
- 1709 Espinacitas St
- 2020 Calle Lorca
- 2029 Calle Lorca
- 1896 Lorca Dr
- 1001 Midtown Calle Central
- 601 W San Mateo Rd Unit 1
- 601 W San Mateo Rd
- 811 Cll Saragosa Unit 3
- 966 Verdinal Ln
- 730 Columbia St
- 1702 Calle de Oriente Norte
- 2228 Paseo de Los Chamisos
- 1317 Camino Carlos Rael
- 2210 Miguel Chavez Rd Unit 518
- 501 W Zia Rd
- 1409 Miracerros Ln N
- 2324 Brother Abdon Way
- 2600 W Zia Rd Unit 199
- 2600 W Zia Rd
Ask me questions while you tour the home.