NOT LISTED FOR SALE

849 E Palace Ave Santa Fe, NM 87501

Estimated Value: $910,000 - $1,564,000

2 Beds
2 Baths
1,690 Sq Ft
$759/Sq Ft Est. Value

Last Sold March 25, 2022

Current estimated payment $7,918/month

Highlights

  • Waterfront
  • 3 Fireplaces
  • 1-Story Property

About This Home

As of March 2022

Tucked away in the heart of the Historic Eastside is this classic Southwestern gem that is steps from Canyon Road and close to the historic Santa Fe Plaza. This home is 2 bedroom 2 bath with an office that exudes traditional Santa Fe charm. Details include nichos, high ceilings with vigas, latillas and split cedar, plaster walls, wood and flagstone floors, curved doorways, thick adobe walls, three fireplaces, and quaint stained-glass window in kitchen. Living room boasts a stately stacked stone fireplace and banco with access to the west portal. Formal dining room and chef’s kitchen with eat-in area offer seamless living. Set foot in the gated entrance in to a private oasis with patio space for al fresco dining and entertaining. Numerous recent improvements include major landscape renovation in the front and back with a myriad of trees, new irrigation system, replastered interior walls, restuccoed exterior, and new sewer line. 2 off street parking spaces. Prime location in coveted area behind Palace Grocery Store that is Santa Fe at its finest.

Last Agent to Sell the Property

Darlene Streit

Sotheby's Int. RE/Grant License #15598 Listed on: 03/24/2022

Sotheby's Int. RE/Grant

Last Buyer's Agent

Darlene Streit

Sotheby's Int. RE/Grant License #15598 Listed on: 03/24/2022

Sotheby's Int. RE/Grant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,464

Year Built

  • Built in 1945

Lot Details

  • 4,691 Sq Ft Lot
  • Waterfront

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Eastside Histor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 012567936

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,464

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1945
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: To be determined by binder.
  • Subdivision Name: Eastside Histor
  • Directions: E Palace Ave and continue. Then turn left onto lane by Old Palace Grocery. Continue up lane to the house which will be on the right through gated driveway.
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Interior Steps
  • Living Area: 1690.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure

Garage/Parking

  • Parking Features: None

Utilities

  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.11
  • Land Lease: No
  • Lot Size Sq Ft: 4691.0
  • Parcel #: 012567936
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5464.19
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Burt Juanita and Terry & Juanita Burt Family Tr
Bought by
Lee Steven C and Cereceres Lorena
Current Estimated Value
$1,282,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Burt Terry and Burt Juanita
Bought by
Burt Terry and Burt Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,470
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
The Feucht Family Lp
Bought by
Burt Terry and Burt Juanita

Purchase Details

Closed on
Oct 28, 2005
Sold by
Burt Terry and Burt Juanita
Bought by
Burt Terry and Burt Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
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
Lee Steven C -- Santa Fe Title
Burt Terry -- None Available
Burt Terry -- First American Title Ins Co
Burt Terry -- Quiet Title Co Llc
Burt Terry -- First American Title Ins Co
Burt Terry -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer-Wright Halee $948,800
Closed Lee Steven C $584,000
Previous Owner Burt Terry $256,470
Previous Owner Burt Terry $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold -- -- --
03/24/2022 03/24/22 For Sale $1,235,000 -- $731 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
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 $11,786 $1,097,827 $199,143 $898,684
2023 $8,825 $1,124,313 $199,143 $925,170
2022 $5,550 $702,022 $113,279 $588,743
2021 $5,464 $227,192 $36,659 $190,533
2020 $5,552 $231,052 $36,659 $194,393
2019 $3,319 $136,001 $46,919 $89,082
2018 $3,281 $133,456 $46,919 $86,537
2017 $3,232 $130,911 $46,919 $83,992
2016 $3,107 $129,594 $46,920 $82,674
2015 $3,035 $125,820 $46,920 $78,900
2014 -- $134,366 $46,873 $87,492
Source: Public Records

Agents Affiliated with this Home

  • Darlene Streit

    Seller's Agent in 2022

    Darlene Streit

    Sotheby's Int. RE/Grant

    (505) 920-8001

    618 Total Sales

    Darlene Streit
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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202200928

Santa Fe Association of REALTORS®

APN: 012567936

New Mexico Santa Fe County Santa Fe 87501

849 E Palace Ave, Santa Fe, NM

This home is located at 849 E Palace Ave, Santa Fe, NM 87501 since 24 March 2022 and is currently estimated at $1,282,805, approximately $759 per square foot. This property was built in 1945. 849 E Palace Ave 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.

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Santa Fe Association of REALTORS® The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

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