NOT LISTED FOR SALE

Estimated Value: $644,000

0.5 Acre
$1,288,000 Price per Acre
21,780 Sq Ft Lot

Last Sold July 13, 2021

Current estimated payment $3,735/month

343 Days on Market

About This Lot

As of July 2021

Tucked away among the rolling hills and pinon and juniper trees above the City Different, this 0.497 acre lot on the Historic Eastside would make an amazing site for your new Santa Fe home. Private and secluded, it’s part of the all adobe El Cerro Moreno compound off East Palace Avenue, a gated community with paved access. A low brick wall runs along the street. Wonderful views of the surrounding foothills and Sangre de Cristos and distant mountains will delight you. City utilities are available for all Cerro Moreno properties. Located close to Canyon Road galleries and the Santa Fe Plaza, yet feels like a world away from the city. Now allowing adobe and ICF construction.

Last Agent to Sell the Property

Darlene Streit

Sotheby's Int. RE/Grant License #15598 Listed on: 06/22/2020

Sotheby's Int. RE/Grant

Last Buyer's Agent

Darlene Streit

Sotheby's Int. RE/Grant License #15598 Listed on: 06/22/2020

Sotheby's Int. RE/Grant

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $831

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Property is zoned R-7

Schools

  • Acequia Madre Elementary School
  • Santa Fe High School

Utilities

  • Cable TV Available

Community Details

  • El Cerro Moreno Subdivision

Listing and Financial Details

  • Assessor Parcel Number 950000230

Property Details

Property Type

Land

Est. Annual Taxes

$831

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size: To be determined by binder.
  • Subdivision Name: El Cerro Moreno
  • Directions: East Palace Ave to La Vereda Norte, through the gate to El Cerro Moreno subdivision.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure

Utilities

  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Acequia Madre
  • High School: Santa Fe

Lot Info

  • Lot Size Acres: 0.5
  • Zoning: R-7
  • Land Lease: No
  • Lot Size Sq Ft: 21649.0
  • Parcel #: 950000230
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 830.83
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Gary L Gordon L and Gary Terri A
Bought by
Otero Sonny and Otero Lorraine
Current Estimated Value
$644,000

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 12, 2021
Sold by
Otero Sonny and Otero Lorraine
Bought by
Gordon Gary L and Giron Gordon Terri
Seller's Agent
Darlene Streit
Sotheby's Int. RE/Grant
Buyer's Agent
Darlene Streit
Sotheby's Int. RE/Grant
List Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$240,000
Interest Rate
2.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Otero Sonny -- None Listed On Document
Gordon Gary L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Gary L $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold -- -- --
05/31/2021 05/31/21 Pending -- -- --
06/22/2020 06/22/20 For Sale $600,000 -- $28 / 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 $4,176 $389,010 $389,010 --
2023 $5,560 $518,680 $518,680 $0
2022 $5,431 $498,680 $498,680 $0
2021 $2,733 $83,113 $83,113 $0
2020 $2,714 $83,113 $83,113 $0
2019 $831 $25,333 $25,333 $0
2018 $833 $25,333 $25,333 $0
2017 $839 $25,333 $25,333 $0
2016 $816 $25,333 $25,333 $0
2015 $804 $25,333 $25,333 $0
2014 $797 $25,308 $25,308 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202002256

Santa Fe Association of REALTORS®

APN: 950000230