NOT LISTED FOR SALE

705 E Palace Ave Santa Fe, NM 87501

North Hills Neighborhood

Estimated Value: $827,000 - $890,000

2 Beds
2 Baths
1,380 Sq Ft
$624/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2026

Current estimated payment $4,984 / mo

16 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • No Interior Steps
  • Acequia Madre Elementary School Rated 9+
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of March 2026

A Santa Fe Gem! on Palace Avenue! This Charming 2 bedroom, 1 3/4 baths, beam ceilings, large wood burning fireplace, wood floors and French doors in living room and bedrooms. The kitchen may need updating and is good size with counter tops and cupboards for storage and the walls are plastered. This property also has a separate equipment room, and open garage. The property is walled and has parking outside the wall, as well as the separate garage. It is walking distance to the Plaza, Canyon Rd, shops and restaurants. This property needs updates, and will be Sold "As Is".

Last Agent to Sell the Property

Richard Mares

Mares Realty License #3456 Listed on: 02/02/2026

Last Buyer's Agent

Robert Herrera

Barker Realty, LLC License #54536

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-1, 2, 3, 4, 5, 6

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Pueblo Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • No Interior Steps

Schools

  • Carlos Gilbert Elementary School
  • Devargas Middle School
  • Santa Fe High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10743000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Prop. Type: Residential
  • Horses: No
  • Directions: East Palace is off Paseo de Peralta. and just up the road is 705 E Palace Avenue
  • Architectural Style: Contemporary, Pueblo
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Levels: One
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps
  • Living Area: 1380.0

Exterior Features

  • Roof: Flat
  • Disclosures: Lead Based Paint Disclosure

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Utilities: Electricity Available
  • Heating: Baseboard, Hot Water
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Carlos Gilbert
  • High School: Santa Fe
  • Middle Or Junior School: Devargas

Lot Info

  • Lot Size Acres: 0.11
  • Zoning: R-1, 2, 3, 4, 5, 6
  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 10743000
  • Zoning Description: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2026
Closed on
Mar 20, 2026
Sold by
Louise Florance and Florance Edwin T
Bought by
Seller's Agent
Richard Mares
Mares Realty
Buyer's Agent
Robert Herrera
Barker Realty, LLC
List Price
$785,000
Views
89
Current Estimated Value
$861,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%

Purchase Details

Closed on
Apr 15, 2025
Sold by
Florance Louise and Florance Edwin T
Bought by
Kennedy Todd
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Hills, NM

  • Laura Barber Real Estate Agent - Sotheby's Int. RE/Washington

    Laura Barber

    Sotheby's Int. RE/Washington

    (505) 557-3843

    45 Total Sales

    1 in North Hills

    $1,050,000 Price

    Laura Barber
     Section Image
  • Tommy Trujillo Real Estate Agent - Coldwell Banker Legacy

    Tommy Trujillo

    Responds Quickly

    Coldwell Banker Legacy

    (505) 666-4803

    60 Total Sales

    1 in North Hills

    $772,428 Price

    Tommy Trujillo
     Section Image
  • Melissa Pippin Carson Real Estate Agent - Sotheby's Int. RE/Washington

    Melissa Pippin Carson

    Sotheby's Int. RE/Washington

    (505) 557-3587

    113 Total Sales

    4 in North Hills

    $1.1M - $1.4M Price Range

    Melissa Pippin Carson
     Section Image
  • Tara Earley Real Estate Agent - Sotheby's Int. RE/Washington

    Tara Earley

    Sotheby's Int. RE/Washington

    (505) 666-5402

    139 Total Sales

    8 in North Hills

    $927K - $2.6M Price Range

    Tara Earley
     Section Image
  • Amanda Godlove Erwin, MBA Real Estate Agent - Sotheby's Int. RE/Washington

    Amanda Godlove Erwin, MBA

    Sotheby's Int. RE/Washington

    (580) 258-7608

    166 Total Sales

    16 in North Hills

    $345K - $2.9M Price Range

    Amanda Godlove Erwin, MBA
     Section Image
  • Lisa Sutton Real Estate Agent - Coldwell Banker Mountain Properties

    Lisa Sutton

    Coldwell Banker Mountain Properties

    (505) 557-2890

    199 Total Sales

    1 in North Hills

    $396,693 Price

    Lisa Sutton
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
Kennedy Todd -- None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2026 03/25/26 Sold -- -- --
02/18/2026 02/18/26 Pending -- -- --
02/02/2026 02/02/26 For Sale $785,000 -- $569 / Sq Ft
Source: Santa Fe Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,778 $365,976 $101,546 $264,430
2024 $2,708 $355,318 $98,589 $256,729
2023 $2,708 $344,970 $95,718 $249,252
2022 $2,648 $334,924 $92,931 $241,993
2021 $2,607 $108,390 $30,074 $78,316
2020 $2,529 $105,233 $29,199 $76,034
2019 $2,493 $102,169 $28,348 $73,821
2018 $2,438 $99,193 $27,523 $71,670
2017 $2,377 $96,304 $26,721 $69,583
2016 $2,241 $93,500 $25,944 $67,556
2015 $2,189 $90,777 $25,189 $65,588
2014 $2,059 $88,045 $24,431 $63,614
Source: Public Records

Agents Affiliated with this Home

  • RM

    Seller's Agent in 2026

    Richard Mares

    Mares Realty

    (505) 988-5585

    1 in this area

    9 Total Sales

    Richard Mares
    Section Image
  • Robert Herrera Real Estate Agent - Barker Realty, LLC

    Buyer's Agent in 2026

    Robert Herrera

    Barker Realty, LLC

    (505) 310-4784

    3 in this area

    57 Total Sales

    Robert Herrera
    Section Image
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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202600409

Santa Fe Association of REALTORS®

APN: 010743000

New Mexico Santa Fe County Santa Fe 87501 North Hills

705 E Palace Ave, Santa Fe, NM

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.

Santa Fe Association of REALTORS® 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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