NOT LISTED FOR SALE

5 Palacio Rd Santa Fe, NM 87508

Estimated Value: $653,000 - $823,000

3 Beds
2 Baths
2,421 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 19, 2021

Current estimated payment $4,593/month

2 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • 1-Story Property
  • El Dorado Community School Rated A-
  • No Interior Steps

About This Home

As of March 2021

This warm and inviting home offers the peaceful setting of Eldorado on 1.25+/- acres. Great outdoor spaces. A generous rear portal with foothill views of the Sangre de Cristo mountains, and front and back walled courtyards with mature landscaping and views of both the Ortiz and Sandia mountains. Single level, split floorplan with great separation of the master bedroom and guest bedrooms. Kiva fireplace in living room and radiant in-floor heating throughout. Stainless steel appliances and a large walk-in pantry. A functional floor plan with 2,421+/- square feet includes a large family room that can be used as a studio space. Excellent location within the subdivision - close to Eldorado school, community center and pool, library, senior center and shopping plaza.

Last Agent to Sell the Property

Mark Rochester

Berkshire Hathaway HomeService License #20707 Listed on: 02/04/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Ricky Allen Tara Earley Group

Sotheby's Int. RE/Washington License #47686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1995

Lot Details

  • 1.52

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,421 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • El Dorado Com Elementary And Middle School
  • Santa Fe High School

Additional Features

  • No Interior Steps
  • 1.52 Acre Lot

Community Details

  • Eldorado Subdivision

Listing and Financial Details

  • Assessor Parcel Number 128311976

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,221

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Prop. Type: Residential
  • Subdivision Name: Eldorado
  • Directions: From I-25 Take Exit 290 for US-285 heading South>Turn Right onto Ave Vista Grande> Turn Left onto Caliente Rd> Turn right onto Glorieta Rd> Turn left onto Juego Rd> Turn right onto Palacio Rd> House will be on the right.
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps
  • Living Area: 2421.0
  • ResoLivingAreaSource: PublicRecords

Garage/Parking

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

Utilities

  • Water Source: Community/Coop

Schools

  • Elementary School: El Dorado Com School
  • High School: Santa Fe
  • Middle Or Junior School: El Dorado Com School

Lot Info

  • Lot Size Acres: 1.52
  • Land Lease: No
  • Lot Size Sq Ft: 66211.0
  • Parcel #: 128311976
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2221.1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 19, 2021
Sold by
Chandia Laura J and Chandia Alfredo I
Bought by
Daly Mark Coleman and Gunter Jeanne
Seller's Agent
Mark Rochester
Berkshire Hathaway HomeService
Buyer's Agent
Ricky Allen Tara Earley Group
Sotheby's Int. RE/Washington
List Price
$532,000
Current Estimated Value
$760,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$458,400
Outstanding Balance
$414,641
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$380,594

Purchase Details

Closed on
May 6, 2019
Sold by
Bates Luisa J
Bought by
Chandia Laura J and Chandi Alfredo I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1999
Sold by
Bates Luisa J
Bought by
Thompson Warren A and The Shannon M Bates Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,013
Interest Rate
7.71%
Mortgage Type
Seller Take Back
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
Daly Mark Coleman -- First American Title Ins Co
Chandia Laura J -- First American Title Co
Thompson Warren A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daly Mark Coleman $458,400
Closed Daly Mark Coleman $458,400
Previous Owner Chandia Alfredo I $338,000
Previous Owner Chandia Laura J $332,000
Previous Owner Thompson Warren A $21,013
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold -- -- --
02/06/2021 02/06/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $532,000 -- $220 / 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 $5,391 $640,248 $108,768 $531,480
2023 $5,395 $621,600 $105,600 $516,000
2022 $5,328 $632,461 $105,600 $526,861
2021 $3,311 $128,805 $25,133 $103,672
2020 $3,288 $126,417 $23,466 $102,951
2019 $2,221 $86,765 $23,466 $63,299
2018 $2,171 $84,238 $23,466 $60,772
2017 $2,110 $81,785 $23,466 $58,319
2016 $1,978 $79,403 $27,867 $51,536
2015 $1,952 $77,090 $27,867 $49,223
2014 $1,998 $84,099 $27,839 $56,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202100400

Santa Fe Association of REALTORS®

APN: 128311976