502 Barela Ln Santa Fe, NM 87505
Southwest Santa Fe NeighborhoodEstimated payment $3,254/month
Highlights
- 0.23 Acre Lot
- No HOA
- Ductless Heating Or Cooling System
- Wood Flooring
- Northern New Mexico Architecture
- No Interior Steps
About This Home
This stylish and updated home near Frenchy's Park exudes Santa Fe charm, featuring a walled entry courtyard and plaster walls. The cozy living room is open to the kitchen, offering a versatile open floor plan. More highlights include a stunning 2015 master suite with a rain shower, jetted tub, mini-split, and private deck access, where you can enjoy your coffee. The deck offers a new roof that will protect you as you watch the rainfall. Mature trees border the oversized, private backyard and include a stucco shed, with ample space for a casita or garden. Key upgrades from 2015 include a mini-split system, on-demand hot water, a modified bitumen roof, and 200-amp electrical service. The centralized location is perfect for those who want easy access to events in downtown Santa Fe and on the southside. Don’t miss this one. (Furnishings have been virtually staged)
Home Details
Home Type
- Single Family
Year Built
- Built in 1960
Parking
- 2 Parking Spaces
Home Design
- Northern New Mexico Architecture
- Flat Roof Shape
- Bitumen Roof
Interior Spaces
- 1,236 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Aspen Community Magnet School K-8 Elementary And Middle School
- Santa Fe High School
Utilities
- Ductless Heating Or Cooling System
- Refrigerated Cooling System
- Baseboard Heating
- Hot Water Heating System
Additional Features
- No Interior Steps
- 10,138 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 010686890
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,802 | $500,883 | $90,176 | $410,707 |
| 2024 | $3,706 | $486,295 | $87,550 | $398,745 |
| 2023 | $3,706 | $472,132 | $85,000 | $387,132 |
| 2022 | $3,624 | $458,381 | $85,000 | $373,381 |
| 2021 | $1,419 | $58,987 | $16,336 | $42,651 |
| 2020 | $1,376 | $57,270 | $15,861 | $41,409 |
| 2019 | $1,357 | $55,602 | $15,399 | $40,203 |
| 2018 | $1,327 | $53,983 | $14,951 | $39,032 |
| 2017 | $1,294 | $52,411 | $14,515 | $37,896 |
| 2016 | $1,220 | $50,884 | $14,093 | $36,791 |
| 2015 | $1,192 | $49,403 | $12,966 | $36,437 |
| 2014 | $748 | $31,965 | $10,589 | $21,375 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $550,000 | -- | $445 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Special Warranty Deed | -- | Fidelity National Title Nm | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Previous Owner | $21,700 | Purchase Money Mortgage | |
| Previous Owner | $121,733 | FHA |
Source: Santa Fe Association of REALTORS®
MLS Number: 202600936
APN: 010686890
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.
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Ask me questions while you tour the home.