NOT LISTED FOR SALE

3511 Paa Rd Santa Fe, NM 87507

Estimated Value: $518,000 - $586,000

3 Beds
2 Baths
1,553 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 10, 2022

Current estimated payment $3,208/month

5 Days on Market

Highlights

  • Waterfront
  • 2 Car Direct Access Garage
  • 1-Story Property
  • 1 Fireplace
  • No Interior Steps

About This Home

As of February 2022

This 3 bedroom 2 bath newly constructed (2020) home by Master Green Builder Arch Sproul in the Kachina Ridge subdivision boasts energy efficiency with super-insulated walls and ceilings, on demand hot water, plus top of the line HVAC system, a 40,000 BTU gas fireplace in the living room and a HERS 60 rating. Convenient single level living and an open floor plan make this home ideal for entertaining and relaxing. Off the formal dining area is a well-designed kitchen with a double sink, breakfast bar, and plenty of storage. In addition, there is an outdoor patio for al fresco dining. The spacious master suite has a walk-in closet and a well-sized master bath with a built-in shower and tub. One of the two guest bedrooms could function easily as an office or studio. Highlighted features include solid wood doors, cherry cabinets, wood floors and tile in all the wet areas. Kachina Ridge is conveniently located close to schools, medical, shopping, theaters, and restaurants with easy access to the historic Santa Fe Plaza.

Last Agent to Sell the Property

Darlene Streit

Sotheby's Int. RE/Grant License #15598 Listed on: 01/04/2022

Sotheby's Int. RE/Grant

Last Buyer's Agent

Lisa Smith

Sotheby's Int. RE/Grant License #41552

Sotheby's Int. RE/Grant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $492

Year Built

  • Built in 2020

Lot Details

  • 5,271 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Interior Spaces

  • 1,553 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • No Interior Steps

Schools

  • Kearney Elementary School
  • Milagro Middle School
  • Santa Fe High School

Community Details

  • Kachina Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099306456

Home Details

Home Type

Single Family

Est. Annual Taxes

$492

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: To be determined by binder.
  • Subdivision Name: Kachina Ridge
  • Directions: Cerrillos to Avenida de Las Americas to Kachina Ridge Drive.
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps
  • Living Area: 1553.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Direct Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Water Source: Public

Schools

  • Elementary School: Kearney
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Lot Size Acres: 0.12
  • Land Lease: No
  • Lot Size Sq Ft: 5271.0
  • Parcel #: 099306456
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 492.32
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 7, 2022
Sold by
Lynn Brabec Cheryl
Bought by
Downing Matthew George and Downing Chareecse Niel
Seller's Agent
Darlene Streit
Sotheby's Int. RE/Grant
Buyer's Agent
Lisa Smith
Sotheby's Int. RE/Grant
List Price
$510,000
Current Estimated Value
$551,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$450,000
Outstanding Balance
$417,910
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$133,799

Purchase Details

Closed on
Nov 17, 2020
Sold by
The Virginian Designer Builder Inc
Bought by
Brabec Cheryl Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,075
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2019
Sold by
Sbs Llc
Bought by
The Virginian Designer Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,039
Interest Rate
3.7%
Mortgage Type
Construction
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
Downing Matthew George -- None Listed On Document
Brabec Cheryl Lynn -- Sftc
The Virginian Designer Builder Inc -- Santa Fe Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downing Matthew George $450,000
Previous Owner Brabec Cheryl Lynn $370,075
Previous Owner The Virginian Designer Builder Inc $288,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold -- -- --
01/09/2022 01/09/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $510,000 -- $328 / 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 $3,841 $504,082 $85,103 $418,979
2023 $3,841 $489,400 $75,000 $414,400
2022 $2,424 $306,579 $75,000 $231,579
2021 $2,386 $99,217 $24,999 $74,218
2020 $817 $24,999 $24,999 $0
2019 $820 $24,999 $24,999 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202105527

Santa Fe Association of REALTORS®

APN: 099309456