NOT LISTED FOR SALE

707 E Palace Ave #3 Unit 3 Santa Fe, NM 87501

North Hills Neighborhood

Estimated Value: $1,157,000 - $1,436,000

3 Beds
3 Baths
2,500 Sq Ft
$514/Sq Ft Est. Value

About This Home

This home is located at 707 E Palace Ave #3 Unit 3, Santa Fe, NM 87501 and is currently estimated at $1,283,960, approximately $513 per square foot. 707 E Palace Ave #3 Unit 3 is a home located in Santa Fe County with nearby schools including Acequia Madre Elementary School, Santa Fe High School, and New Mexico School for the Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Koss Tracy Loreth and Koss Joe
Bought by
Otterson Kirk G and Jackson Lisa B
Current Estimated Value
$1,283,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Outstanding Balance
$580,094
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$703,866

Purchase Details

Closed on
Jul 14, 2016
Sold by
Talhot Leslie D and Avery Steven R
Bought by
Kross Tracey Loreth and Kross Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2014
Sold by
Gogue George J and Gogue Susan M
Bought by
Talbot Leslie D

Purchase Details

Closed on
Jul 18, 2001
Sold by
Ashbey William N and Ashbey Julia L
Bought by
Gogue George J and Gogue Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.18%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Ashbey William N
Bought by
Ashbey William N and Ashbey Julia L

Purchase Details

Closed on
Jan 27, 1999
Sold by
Ashbey William N
Bought by
Ashbey William N and Ashbey Julia L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Otterson Kirk G -- Sftc
Kross Tracey Loreth -- None Available
Talbot Leslie D -- Prima Title Llc
Gogue George J -- --
Ashbey William N -- --
Ashbey William N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otterson Kirk G $637,000
Previous Owner Kross Tracey Loreth $345,000
Previous Owner Gogue George J $250,000
Closed Gogue George J $64,400
Source: Public Records

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 $6,310 $828,063 -- $828,063
2023 $6,310 $803,945 $0 $803,945
2022 $6,171 $780,530 $0 $780,530
2021 $5,513 $229,207 $0 $229,207
2020 $5,347 $222,532 $0 $222,532
2019 $5,273 $216,050 $0 $216,050
2018 $5,156 $209,758 $0 $209,758
2017 $5,027 $203,648 $0 $203,648
2016 $4,334 $180,794 $0 $180,794
2015 $4,392 $182,103 $0 $182,103
2014 -- $129,977 $0 $129,977
Source: Public Records

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