Seller's Agent in 2025
Joshua Maes
Sotheby's Int. RE/Washington
(505) 231-4046
3 in this area
69 Total Sales
Last list price
511 E Palace Ave Santa Fe, NM 87501
North Hills Neighborhood
4
Beds
3.5
Baths
2,250
Sq Ft
8,712
Sq Ft Lot
Highlights
- Wood Flooring
- 4 Fireplaces
- Beamed Ceilings
- Pueblo Architecture
- No HOA
- 1 Car Detached Garage
About This Home
As of January 2025Steeped in traditional character, enveloped by gardens, this beautifully-updated historic home with studio guest house and rare, one-car garage enjoys an enviable Eastside location a half mile from The Plaza. A newly remodeled Primary Bath and Powder Room, new Saltillo tile and new or refinished wood flooring are among the improvements that further refine and enhance the home’s comfort and quality. The charming studio has a tidy living area with kiva fireplace, a sleeping area with adjacent, three-quarter bath and a wee, galley kitchen. The professionally-designed grounds feel like a private park, complete with mature trees, low stone walls for seating, an elegant pergola, fountains and abundant perennial plantings. The fully-walled property includes an automated wooden gate which opens to a brick-paved courtyard with room for parking.
Last Agent to Sell the Property
Sotheby's Int. RE/Washington License #44364 Listed on: 10/28/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1912
Lot Details
- 8,712 Sq Ft Lot
- Property is zoned R-1, 2, 3, 4, 5, 6
Parking
- 1 Car Detached Garage
Home Design
- Pueblo Architecture
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Tar and Gravel Roof
- Built-Up Roof
- Stucco
- Adobe
Interior Spaces
- 2,250 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- 4 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Insulated Windows
- Basement
- Crawl Space
- Home Security System
Kitchen
- Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Acequia Madre Elementary School
- Milagro Middle School
- Santa Fe High School
Utilities
- Ductless Heating Or Cooling System
- Refrigerated Cooling System
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
Additional Features
- No Interior Steps
- Drip Irrigation
Community Details
- No Home Owners Association
- Eastside Histor Subdivision
Listing and Financial Details
- Assessor Parcel Number 011830320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Jan 6, 2025
Sold by
Kar Palacio Llc
Bought by
Betty Holmes 2000 Management Trust and Legacy Trust
Seller's Agent
Joshua Maes
Sotheby's Int. RE/Washington
Buyer's Agent
John Swonson
Sotheby's Int. RE/Grant
List Price
$2,500,000
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.35%
Purchase Details
Closed on
Jun 10, 2016
Sold by
Beacham Bruce E and Beacham Margaret W
Bought by
Lott Molly T and Lott John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2014
Sold by
Orchard Metal Capital Corp
Bought by
Beacham Bruce E and Beacham Margaret W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 12, 2013
Sold by
Jennings Stephen A
Bought by
Orchard Metal Capital Corp
Purchase Details
Closed on
Feb 16, 2010
Sold by
Jennings Stephen A and Jennings Margaret M
Bought by
Jennings Stephen A and Jennings Margaret M
Purchase Details
Closed on
Jun 7, 2006
Sold by
Jennings Ralph E
Bought by
Miller Cynthia S and Valente Jim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,725
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 15, 2000
Sold by
Kramer Etel Thea
Bought by
Jennings Stephen A and Jennings Margaret M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
8.18%
Purchase Details
Closed on
May 13, 1999
Sold by
Valdez Timothy and Guinn Charlene
Bought by
Valdez Timothy and Valdez Charlene G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Santa Fe Title | |
| Warranty Deed | -- | Fidelity Natl Title Of New M | |
| Warranty Deed | -- | Fidelity National Title Of N | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | First American Title Ins Co | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Territorial Abstract & Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $23,725 | Credit Line Revolving | |
| Previous Owner | $437,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | -- | -- | -- | |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- | |
| 10/28/2024 10/28/24 | For Sale | $2,500,000 | +35.1% | $1,111 / Sq Ft | |
| 11/01/2022 11/01/22 | Sold | -- | -- | -- | View Prior Sale |
| 09/22/2022 09/22/22 | Pending | -- | -- | -- | |
| 09/22/2022 09/22/22 | For Sale | $1,850,000 | -- | $949 / Sq Ft |
Source: Santa Fe Association of REALTORS®
Tax History Compared to Growth
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 | $10,912 | $1,437,584 | $205,821 | $1,231,763 |
| 2024 | $10,636 | $1,395,714 | $205,821 | $1,189,893 |
| 2023 | $10,858 | $1,383,407 | $205,821 | $1,177,586 |
| 2022 | $8,265 | $1,045,512 | $120,156 | $925,356 |
| 2021 | $8,138 | $338,354 | $38,885 | $299,469 |
| 2020 | $8,276 | $344,389 | $38,885 | $305,504 |
| 2019 | $9,595 | $393,157 | $83,333 | $309,824 |
| 2018 | $9,450 | $384,411 | $83,333 | $301,078 |
| 2017 | $9,273 | $375,666 | $83,333 | $292,333 |
| 2016 | $5,293 | $220,783 | $83,333 | $137,450 |
| 2015 | $5,170 | $214,353 | $83,333 | $131,020 |
| 2014 | $5,335 | $228,132 | $83,250 | $144,882 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Maes
-
John Swonson
J
Buyer's Agent in 2025
John Swonson
Sotheby's Int. RE/Grant
(713) 456-9381
1 in this area
17 Total Sales
-
Ashley Margetson
Seller's Agent in 2022
Ashley Margetson
Sotheby's Int. RE/Washington
(505) 920-2300
4 in this area
53 Total Sales
Map
Source: Santa Fe Association of REALTORS®
MLS Number: 202404568
APN: 011830320
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