NOT LISTED FOR SALE

729 E Palace Ave Unit C Santa Fe, NM 87501

North Hills Neighborhood

Estimated Value: $1,398,000 - $1,484,000

3 Beds
3 Baths
2,148 Sq Ft
2008 Built

Sale Details

Date Sold: May 28, 2025

Current estimated payment $9,189 / mo

16 Days on Market

Highlights

  • Gated Community
  • Pueblo Architecture
  • Beamed Ceilings
  • Acequia Madre Elementary School Rated 9+
  • 4 Fireplaces
  • 2 Car Direct Access Garage

About This Home

As of May 2025

729 E Palace Unit C is a sweet, lock and leave, three-bedroom home in the heart of downtown. Located in La Reina Compound, a private five-unit gated community on East Palace Avenue in the Historic Eastside, this freestanding Pueblo-style condo lives like a single family home and offers a blend of elegance and convenience. The home features three bedrooms and three baths, with high-end finishes and top-tier appliances throughout. The open-concept living, dining, and kitchen area is designed for both comfort and style, with high beamed ceilings and brick floors adding warmth and character. A slight level change between the dining and living areas is marked by just two easy steps, maintaining the home’s seamless flow. A deep portal with a fireplace flows into a private courtyard, making an inviting outdoor space that's complemented by a private hot tub—perfect for relaxing under the Santa Fe sky. Rare for the Eastside, this home also includes a two-car garage. This property represents great value for someone looking to secure a comfortable and low maintenance home in a quintessential Santa Fe neighborhood close to the Santa Fe River, Plaza and famous Canyon Road.

Last Agent to Sell the Property

Neil Lyon

Sotheby's Int. RE/Grant License #14244 Listed on: 04/10/2025

Sotheby's Int. RE/Grant

Last Buyer's Agent

Stephanie Duran

Barker Realty, LLC License #38495

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,727

Year Built

  • Built in 2008

HOA Fees

  • $516 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • 4 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace
  • Brick Flooring

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Eco-Friendly Details

  • Drip Irrigation
  • Water-Smart Landscaping

Schools

  • Acequia Madre Elementary School
  • Milagro Middle School
  • Santa Fe High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Gas Water Heater
  • Water Purifier
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 910021159

Community Details

Overview

  • Association fees include common areas, insurance, road maintenance, taxes, water
  • Built by Phillip Coombs

Building Details

  • New Taxes Expense $12,916

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,727

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$516 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Year Built: 2008
  • Prop. Type: Residential
  • Horses: No
  • Directions: East on Palace, take a Left on La Vereda. Gated compound is on the immediate Left by the mail boxes.
  • Architectural Style: Pueblo, One Story
  • Garage Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Purifier, Washer
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Brick
  • Interior Amenities: Beamed Ceilings, Interior Steps
  • Living Area: 2148.0

Exterior Features

  • Roof: Flat, Foam
  • Lot Features: Drip Irrigation/Bubblers
  • Pool Features: None
  • Waterfront: No
  • Builder Name: Phillip Coombs
  • Construction Type: Frame, Stucco
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Direct Access, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Refrigerated
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Forced Air, Radiant
  • Security: Security System, Security Gate, Heat Detector, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 1547.83
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Road Maintenance, Taxes, Water

Schools

  • Elementary School: Acequia Madre
  • High School: Santa Fe
  • Middle Or Junior School: Milagro

Lot Info

  • Land Lease: No
  • Parcel #: 910021159

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Water-Smart Landscaping

Tax Info

  • New Taxes Expense: 12916.46
  • Tax Annual Amount: 8727.0
  • Tax Year: 2024

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
Apr 10, 2025
Closed on
May 24, 2025
Sold by
Bought by
Seller's Agent
Neil Lyon
Sotheby's Int. RE/Grant
Buyer's Agent
Stephanie Duran
Barker Realty, LLC
List Price
$1,695,000
Views
39
Current Estimated Value
$1,443,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.70%
Original Mortgage
$1,320,000
Interest Rate
0.0683%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bought by

Purchase Details

Closed on
May 28, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
-- None Available
-- None Available
-- Prima Title Llc
-- Prima Title Llc
-- Quiet Title Co Llc
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,320,000
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
05/28/2025 05/28/25 Sold -- -- --
04/26/2025 04/26/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $1,695,000 -- $789 / 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 $8,955 $1,185,780 $1,185,780
2024 $8,727 $1,151,243 $1,151,243
2023 $8,726 $1,117,712 $0 $1,117,712
2022 $8,531 $1,085,158 $0 $1,085,158
2021 $8,398 $351,184 $0 $351,184
2020 $8,476 $354,710 $0 $354,710
2019 $8,839 $362,159 $0 $362,159
2018 $8,055 $327,654 $0 $327,654
2017 $7,853 $318,111 $0 $318,111
2016 $7,404 $308,845 $0 $308,845
2015 $7,232 $299,850 $0 $299,850
2014 $6,801 $290,826 $0 $290,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202501139

Santa Fe Association of REALTORS®

APN: 910021159

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