NOT LISTED FOR SALE

815 E Palace Ave Unit 27 Santa Fe, NM 87501

North Hills Neighborhood

Estimated Value: $887,340 - $913,000

2 Beds
2 Baths
1,203 Sq Ft
958 Sq Ft Lot

Last Sold August 11, 2022

Current estimated payment $5,206/month

39 Days on Market

Highlights

  • Radiant Floor
  • 2 Fireplaces
  • Tankless Water Heater
  • Pueblo Architecture
  • Beamed Ceilings
  • Landscaped

About This Home

As of August 2022

Simply sensational, perfectly appointed, and beautifully updated, adobe condo located in the coveted enclave of the Llano Compound with lovely views overlooking the Sangre de Cristo foothills. Llano Adobe Compound exemplifies the true nature and organic style of Santa Fe living. Literally handcrafted by local artisans using all local material with most units utilizing no power tools at all! Originally conceived and designed by Phil Hawes, a student of Frank Lloyd Wright, this compound has gained tremendous acclaim since its conception and becomes more coveted year-over-year. This particular unit is the perfect pied-a-terre nestled amongst huge Eastside trees and lies just moments from Canyon Road, the Santa Fe Plaza and the River. The floor plan features an open concept with living, dining and kitchen co-existing on the first floor, opening to a lovely, private patio, again with stellar views. The guest bedroom and powder/guest bath also are located on the first floor. The second floor is devoted exclusively to a private owners suite and is accessed by a beautiful wood staircase. Adobe construction, brick floors, plaster walls, 2 kiva fireplaces, vigas with T & G ceilings makes this a most intriguing condo.

Last Agent to Sell the Property

Linda Murphy

Corcoran Plaza Properties/Wash License #13917 Listed on: 06/20/2022

Corcoran Plaza Properties/Wash

Last Buyer's Agent

Dan Boone

BlueTeal Realty License #16327

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 1977

Lot Details

  • 958

Parking

  • 2 Parking Spaces

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Tar and Gravel Roof
  • Membrane Roofing
  • Stucco
  • Adobe

Interior Spaces

  • 1,203 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • 2 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Radiant Floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Drip Irrigation
  • Outbuilding
  • Landscaped

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 016007967

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,788

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Year Built: 1977
  • Prop. Type: Residential
  • Subdivision Name: Llano Adobe Com
  • Directions: Unit 27 can be accessed from the lower parking area or the upper parking area. Enter Llano Compound stay right and just before ascending the hill look left to park in unit 27. Up the stairs and to the right.
  • Architectural Style: Pueblo
  • Garage Yn: No
  • Efficiency: Water Heater
  • Building Stories: 2
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Washer, Tankless Water Heater
  • Levels: Two
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Brick, Wood
  • Interior Amenities: Beamed Ceilings, Interior Steps
  • Living Area: 1203.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Flat, Membrane, Tar/Gravel
  • Lot Features: Landscaped, Drip Irrigation/Bubblers
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Adobe, Stucco
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Utilities: High Speed Internet Available, Electricity Available
  • Heating: Baseboard, Hot Water, Natural Gas, Radiant Floor
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Cable TV

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Other, Road Maintenance, See Remarks, Water

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: 016007967
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Tax Info

  • Tax Annual Amount: 3787.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Mcdonnell Patrick M and Mcdonnell Coral K
Bought by
Williams Morgan M and Williams Keara
Current Estimated Value
$903,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,500
Outstanding Balance
$430,849
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$472,736

Purchase Details

Closed on
Jun 26, 1998
Sold by
Otopalik Otopalik H and Otopalik Bonnie M
Bought by
Mcdonnell Patrick M and Mcdonnell Coral K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.94%
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 Buyer Sale Price Title Company
Williams Morgan M -- Santa Fe Title Company
Mcdonnell Patrick M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Morgan M $485,500
Previous Owner Mcdonnell Patrick M $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold -- -- --
07/29/2022 07/29/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $795,000 -- $661 / 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 $5,437 $713,475 -- $713,475
2023 $5,902 $751,932 $0 $751,932
2022 $3,847 $486,621 $0 $486,621
2021 $3,788 $157,483 $0 $157,483
2020 $2,026 $84,319 $0 $84,319
2019 $1,998 $81,863 $0 $81,863
2018 $1,954 $79,479 $0 $79,479
2017 $1,905 $77,164 $0 $77,164
2016 $1,796 $74,917 $0 $74,917
2015 $1,754 $72,735 $0 $72,735
2014 $1,650 $70,546 $0 $70,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202202253

Santa Fe Association of REALTORS®

APN: 016007967