$1,599,000
$136K PRICE DROP

335 Otero St Santa Fe, NM 87501

Estimated payment $9,825/month

Total Views 7,505
-- Bed
-- Bath
2,647 Sq Ft
$604 Price per Sq Ft

Highlights

  • No HOA
  • No Interior Steps
  • 2-minute walk to Historic Fort Marcy Park
  • Carlos Gilbert Elementary School Rated A-
  • Forced Air Heating System

About This Home

Experience luxury living with this fabulous triplex, just a short walk from the Plaza. Updated with a designers touch, the property features renovated kitchens and bathrooms, new windows and off street parking. Each unit is separately metered for gas and electric. The upper unit includes a beautiful private garden and hot tub. All three units offer an open-concept design and a modern aesthetic. With a proven history as unfurnished long-term rentals, there is untapped potential as furnished monthly rentals.

Listing Agent

John Rigatti

Sotheby's Int. RE/Washington License #15922 Listed on: 05/20/2025

Sotheby's Int. RE/Washington

Co-Listing Agent

Timothy Van Camp

Sotheby's Int. RE/Washington License #14750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,621

Year Built

  • Built in 1967

Home Design

  • Triplex
  • Split Level Home
  • Flat Roof Shape
  • Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,647 Sq Ft Home
  • Multi-Level Property

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>

Laundry

  • Dryer
  • Washer

Schools

  • Carlos Gilbert Elementary School
  • Milagro Middle School

Additional Features

  • No Interior Steps
  • 5,750 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 012556210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,621

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Year Built: 1967
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 15500
  • Co List Office Phone: (505) 988-8088
  • Directions: Paseo de Peralta and north on Otero. The property is between Kearney and Paseo.
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Levels: Multi/Split
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: No Interior Steps

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Frame, Stucco

Utilities

  • Cooling: Other, See Remarks
  • Utilities: Other, See Remarks, Electricity Available
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Carlos Gilbert
  • High School: Unknown
  • Middle Or Junior School: Milagro

Lot Info

  • Lot Size Acres: 0.13
  • Zoning: Conforming
  • Land Lease: No
  • Lot Size Sq Ft: 5749.92
  • Parcel #: 012556210
  • Zoning Description: Non-Conforming

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 11620.6
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,621 $1,524,946 $152,484 $1,372,462
2023 $4,834 $615,918 $147,872 $468,046
2022 $4,727 $597,980 $143,566 $454,414
2021 $4,654 $193,521 $46,461 $147,060
2020 $4,515 $187,885 $46,461 $141,424
2019 $5,051 $206,968 $79,602 $127,366
2018 $4,940 $200,940 $77,284 $123,656
2017 $4,816 $195,088 $75,033 $120,055
2016 $4,541 $189,405 $72,848 $116,557
2015 $4,435 $183,890 $70,727 $113,163
2014 $4,171 $178,355 $68,598 $109,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $1,599,000 -7.8% $604 / Sq Ft
05/20/2025 05/20/25 For Sale $1,735,000 +0.3% $655 / Sq Ft
04/05/2023 04/05/23 Sold -- -- --
02/23/2023 02/23/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $1,730,000 -- $646 / Sq Ft
Source: Santa Fe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Ttl Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Source: Public Records

Source: Santa Fe Association of REALTORS®

MLS Number: 202501975

Santa Fe Association of REALTORS®

APN: 012556210