$1,250,000
SOLD MAY 30, 2025
Last list price

815 E Palace Ave Unit 16 Santa Fe, NM 87501

2 Beds
2 Baths
1,855 Sq Ft
$300/mo HOA Fee

Recently Sold

$674 Per Sq Ft

3 Days on Market

Highlights

  • Wood Burning Stove
  • Pueblo Architecture
  • Beamed Ceilings
  • Radiant Floor
  • 2 Fireplaces
  • Home Security System

About This Home

As of May 2025

Situated in a downtown Santa Fe compound rich in history, this sophisticated and fully landscaped property represents a crown jewel in city architecture. Positioned on a quiet landscaped hilltop above Palace Avenue with convenient walkability to Canyon Road restaurants and galleries, riverside walking and bike trails, as well as the endless cultural attractions of the Santa Fe Plaza. Timeless in design and meticulously handcrafted, this adobe and frame compound in Santa Fe's highly desired Historic Eastside neighborhood was originally envisioned by a Frank Lloyd Wright trained architect to incorporate privacy, custom Pueblo design, and organic building techniques, while emphasizing an indoor-outdoor way of life borrowed heavily from Old World design. This two-bedroom and 1-3/4 bathroom, two-story condo has a spacious downstairs area perfect for an office or an additional bedroom. The flowing continuity of the adobe wall blends seamlessly with the cascade of organic wood details and hand laid bricked floors. The entire walled front and back exterior spaces are shaded and private, with seasonal landscaping and mature trees creating a visual canopy. The primary suite, anchored with a cozy wood stove, looks out to a rooftop view and is separated from the secondary bedroom. A bright and functional kitchen is located just off the large living area with a sensually designed corner wood-burning fireplace, a perfect union for entertaining and social gatherings. The owners' downstairs office space looks out onto the front gated and landscaped patio. Awash in natural light and replete with comfort, as well as in-town quiet privacy, the home also features radiant in-floor and baseboard heating, vigas, latillas, corbels, and skylights throughout the home enveloping the owner and guest in calm sophistication. Organic in feel, this property exudes an old-world charm difficult to find in many modern cities.

Last Agent to Sell the Property

Angela Gutierrez

Sotheby's Int. RE/Washington License #12934 Listed on: 04/22/2025

Sotheby's Int. RE/Washington

Last Buyer's Agent

Stefan Lark

Barker Realty, LLC License #48623

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1978

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • 2 Fireplaces
  • Wood Burning Stove
  • Circular Fireplace
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Radiant Floor
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Schools

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

Utilities

  • No Cooling
  • Heating Available
  • High Speed Internet

Additional Features

  • Drip Irrigation
  • Outdoor Storage

Listing and Financial Details

  • Assessor Parcel Number 016007981

Community Details

Overview

  • Association fees include common areas, insurance
  • Llano Adobe Com Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,120

Year Built

Built in 1978

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Year Built: 1978
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Llano Adobe Com
  • Directions: Head east onto East Palace Avenue. Make a left onto La Vereda Norte and veer to the right into the Llano Compound. Continue to the top of the dirt road and guest parking will be marked on the left. There are two designated parking spaces located in front of the subject unit.
  • Architectural Style: Pueblo
  • Garage Yn: No
  • Building Stories: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Accessibility Features: Not ADA Compliant
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Kiva, Wood Burning, Wood BurningStove
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Brick, Carpet, Concrete, Tile, Wood
  • Interior Amenities: Beamed Ceilings, Interior Steps
  • Living Area: 1855.0
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Flat, Foam
  • Lot Features: Drip Irrigation/Bubblers
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Adobe, Frame, Stucco
  • Foundation Details: Slab
  • Other Structures: Storage

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Fireplace(s), Radiant Floor
  • Security: Security System, Heat Detector, Smoke Detector(s), Surveillance System, Security Lights
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: 016007981
  • Zoning Description: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2025
Closed on
May 30, 2025
Sold by
Bradford Ric A
Bought by
Lee Jason S
Seller's Agent
Angela Gutierrez
Sotheby's Int. RE/Washington
Buyer's Agent
Stefan Lark
Barker Realty, LLC
List Price
$1,250,000
Views
27
Current Estimated Value
$1,081,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.05%
Original Mortgage
$732,000
Outstanding Balance
$730,756
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$350,901

Purchase Details

Closed on
Mar 1, 2017
Sold by
Parry Eugenia
Bought by
Bradford Ric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Parry Eugenia and Eugenia Parry Revocable Trust
Bought by
Parry Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- First American Title Insurance
Warranty Deed -- Prima Title Llc
Interfamily Deed Transfer -- Quiet Title Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $732,000 New Conventional
Previous Owner $600,000 Credit Line Revolving
Previous Owner $160,000 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold -- -- --
04/25/2025 04/25/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $1,250,000 -- $674 / Sq Ft
Source: Santa Fe Association of REALTORS®

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 $4,120 $546,713 -- $546,713
2023 $4,130 $532,187 $0 $532,187
2022 $4,037 $516,687 $0 $516,687
2021 $3,974 $167,213 $0 $167,213
2020 $4,019 $169,263 $0 $169,263
2019 $4,239 $175,692 $0 $175,692
2018 $4,270 $175,692 $0 $175,692
2017 $3,831 $157,181 $0 $157,181
2016 $3,658 $152,603 $0 $152,603
2015 $3,573 $148,158 $0 $148,158
2014 $3,361 $143,699 $0 $143,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202501731

Santa Fe Association of REALTORS®

APN: 016007981