Tag Archives: Santa Fe Real Estate

What Other People Are Saying About Santa Fe

Santa Fe is a world class destination market.  With a rich culture history, fanstastic art museums and galleries, abundant natural beauty, an internationally renowned opera and some of the best and most unique dining available anywhere, there’s something for everyone to experience and enjoy.  Read more about what makes Santa Fe, the City Different, so special and start planning your next visit today. Maybe like so many other visitors, you’ll also fall in love with this unique city and decide to make it your next home!

What other people are saying about Santa Fe:

 

 

 

Spacious South Capitol pueblo home for sale on historic Don Gaspar

Great room looking out to the tennis court

Great room looking out to the tennis court

1320 Don Gaspar Avenue,  Santa Fe, NM  87505

4 beds, 4 baths, 4,000 square feet, 2 car garage, separate office/studio, tennis court, landscaped patio and so much more!

 

MLS 201300525, Offering price $835,000

Listing Agents, Karen Meredith, Keller Williams Realty, and Renee Edwards, Keller Williams Realty

Tennis court and basketball hoop

Tennis court and basketball hoop

Elegant pueblo style South Capitol home on a large corner lot with a walled private backyard, tennis court and basketball hoop.

Spacious great room with 13 foot coved ceiling and vigas, floor to ceiling windows and enormous fireplace, ideal for entertaining.  Landscaped outdoor patio.

Master Bedroom Suite with kiva fireplace, cork floor and large walk in closet

Master Bedroom Suite with kiva fireplace, cork floor and large walk in closet

 

Master bedroom suite with kiva fireplace, cork floor and generous California style walk in closet.

 

 

 

 

Chef's kitchen has generous built in cabinets and island with bar stools

Chef’s kitchen has generous built in cabinets and island with bar stools

Chef’s kitchen has a skylight, island w/ bar stools, a Jenn-Air 4 burner gas stove and grill,  wood paneled Subzero refrigerator and double oven.

Separate office/studio. 2 car garage and separate storage building that could be converted into a 3rd car garage space.

Hand trowel diamond plaster walls, antique light fixtures and 5 indoor fireplaces.  Traditional
Santa Fe style and beauty just 1.5 miles from the Plaza!

For more information about this property, please contact one of the listing agents, Karen Meredith, Keller Williams Realty, (505) 603-3036 or Renee Edwards, Keller Williams Realty, (505) 470-7773 to schedule a showing!

 

2012 Santa Fe homes sales on pace to be best in five years

The New Mexican reported on August 11, 2012 that the summer of 2012 so far represents a rebound for residential sales in Santa Fe County.

The 158 residential sales in June were the highest number of closed transactions in 57 months. July’s sales total of 143 showed the trend continuing. Barring unforeseen circumstances, such as another financial crises, total sales in 2012 are on pace to be the best since 2007.

The total number of sales in the first seven months of 2012, 879, represents a 14 percent increase over 2011 and a 40 percent increase from 2009.

The sales have occurred in all price ranges. There have been 42 residential sales of $1 million or higher so far this year, and 366 sales at $300,000 or below according to statistics complied by Alan Ball, local real estate statistician guru.

The New Mexican observed that “Though the boost is helping the overall economy — with more business for agents, appraisers and inspectors, and increased revenue for local governments that collect gross receipts taxes — it does not necessarily mean jubilant sellers, since prices have not significantly increased from the bottom.

In the second quarter of 2012, the median sales price in the city and county combined had declined 6.8 percent from a year ago. And overall in Santa Fe County, the typical home has lost 30 percent of its value from the top of the market in 2007, according to some estimates.

That has led to a smaller inventory of homes as more owners refinance and stay put, waiting for prices to climb — especially as interest rates have remained low. At the end of June, for instance, there were 1,571 homes on the market countywide — a decrease of 19 percent from a year earlier, according to the Santa Fe Association of Realtors.

For those looking to buy, there is a new database to determine the average closing costs on a $200,000 loan in New Mexico. According to Bankrate.com, which surveyed five to 10 lenders in each state, those average costs total $3,617, including $435 for an appraisal, $495 for processing and $1,058 for the origination fee on the loan. In New Mexico, the average cost of a title search and insurance on a $200,000 loan is $1,434, according to Bankrate.

The 50-state average for closing fees is $3,754, with New York highest at $5,435 and Missouri the lowest at $3,006.”

To view the Bankrate.com website.

Original article by:

Bruce Krasnow | The New Mexican
Posted: Saturday, August 11, 2012

What Other People Are Saying About Santa Fe

Santa Fe is a world class destination market.  With a rich culture history, fanstastic art museums and galleries, abundant natural beauty, an internationally renowned opera and some of the best and most unique dining available anywhere, there’s something for everyone to experience and enjoy.  Read more about what makes Santa Fe, the City Different, so special and start planning your next visit today. Maybe like so many other visitors, you’ll also fall in love with this unique city and decide to make it your next home!

What other people are saying about Santa Fe:

 

 

 

What Other People Are Saying About Santa Fe

Santa Fe is a world class destination market.  With a rich culture history, fanstastic art museums and galleries, abundant natural beauty, an internationally renowned opera and some of the best and most unique dining available anywhere, there’s something for everyone to experience and enjoy.  Read more about what makes Santa Fe, the City Different, so special and start planning your next visit today. Maybe like so many other visitors, you’ll also fall in love with this unique city and decide to make it your next home!

What other people are saying about Santa Fe:

 

 

 

Peaceful Country Retreat in Pojoaque/Nambe Area

 

Gourmet Kitchen - 45 Bouquet Lane

 

45 Bouquet Lane, Santa Fe, New Mexico

MLS #2101202698, Offering price $470,000

3 Bedrooms, 3 Baths, 3 Car Garage

2,486 Square Feet, Lot Size .76 acres, Water Rights

Listing Agents:  Karen Meredith, Keller Williams Realty, (505) 603-3036 and Renee Edwards, Keller Williams Realty, (505) 470-7773.

Call us today to schedule a showing!

45 Bouquet Lane

 

Beautiful 2008 custom built home with spacious master bedroom and huge walk-in closet. Like new!

Open floor plan,

11 to 13.5 foot ceilings, plenty of light,

diamond plaster walls throughout,

vigas and beams, radiant floor heating,

custom gourmet kitchen and

over sized, insulated 850 sq. ft. three car garage (not included in 2,486 sq. ft., which is the main house only).

Bouquet Lane

Near Pojoaque Wellness center which has a magnificant swimming pool and exercise facilities.

10 minutes from Black Mesa golf course.

Mature trees line this shady, tranquil lane.

Recent Transactions

Below is a summary of some of my recent sales where I represented the Seller or the Buyer:

17 Los Ojitos, Santa Fe, NM 87506, Offering Price – $169,000, MLS # 201105094, 3 Bedrooms, 2 Baths, 1,938 Sq. Ft., Lot Size, .29 acres,  Represented the Seller and the Buyer.  Sold 6/27/12.

6600-6700 Cerrillos Road, Santa Fe, NM 87507, Offering Price – $1,995,000, MLS #201001373, 12,000 sq. ft., Lot Size 24,363 Sq. Ft. Commercial.  Represented the Seller and the Buyer.  Sold 6/6/12.

734 Porvenir, Santa Fe, New Mexico 87501, Offering Price – $225,000, MLS # 201201321, 3 Bedrooms, 2 Baths, 1,348 Sq. Ft., Lot Size .014 acres.  Represented the Seller.  Sold 5/29/12.

21 Ceramic Court, Santa Fe, New Mexico 87508, Offering Price$245,000. MLS # 201104457, 3 Bedrooms, 2 Baths, 1,943 Sq. Ft., Lot Size 2.46 acres.  Represented the Seller.  Sold 5/03/12.

06 Las Joyas, Santa Fe, New Mexico  87506, Offering Price – $899,000. MLS # 201201592, 4 Bedrooms, 4 Baths, 4,837 Sq. Ft., Lot Size 2.66 acres. Represented the Seller and the Buyer. Sold 4/16/12.

3148 La Paz Lane, Santa Fe, New Mexico 87507, Offering Price – $225,000. MLS #702402, 2 Bedrooms, 2 Baths, 1,230 Sq. Ft.  Represented the Seller. Sold 3/26/12.

71 Star Dancer Trail, Santa Fe, NM  87506, Offering Price – $649,000.  MLS #201100993, 3 Bedrooms, 2 baths, 2,630 Sq. Ft. Represented the Buyer.  Sold 3/15/12.

2308 Calle Pacifica, Santa Fe, New Mexico  87505, Offering Price – $249,500, MLS # 201104870, 3 Bedrooms, 2 Baths, 1,753 square feet.  Lot Size .19 acres.  Represented the Seller.  Sold – 02/07/12.

18 Primrose, Santa Fe, New Mexico 87506, Offering Price – $869,000, MLS # 201005531, 3 Bedrooms, 3 Baths, 3,300 Square Feet, Lot Size 1.5 acres.  Represented the Buyer.  Sold – 01/10/12.

1405 Vegas Verdes #105, Santa Fe, New Mexico, Offering Price $120,000, MLS # 201104936, 1 Bedroom, 2 Baths, 874 square feet.  Represented the Seller. Sold 11/30/11.

47 Bouquet Lane, Santa Fe, New Mexico, Offering Price – $355,000, MLS # 201104078, 4 Bedrooms, 2 Baths, 2,487 square feet, Lot Size .8 acres.  Represented the Buyer and the Seller.  Sold 11/03/11.

2924 Pueblo Pintado, Santa Fe, New Mexico, Offering Price – $220,000, MLS # 201105107, 3 Bedrooms, 2 Baths, Lot Size .13 acres.  Represented the Seller.  Sold – 10/31/11.

621 Old Santa Fe Trail, Santa Fe, New Mexico, Offering Price – $1,380,000, MLS # 201103504, 8,700 square feet. Commercial. Represented the Buyer. Sold 09/09/11.

36 Vista Lagunitas, Santa Fe, New Mexico, Offering Price – $599,000, MLS # 201102611, 4 Bedrooms, 4 Baths, 2,900 square feet, Lot size 1.499 acres.  Represented the Seller.  Sold – 7/27/11.

41 Camino de Milagro, Santa Fe, New Mexico, Offering Price – $635,000, MLS # 201006026, 3 Bedrooms, 3 Baths, 3,457 square feet, Lot Size 14.94 acres. Represented the Buyer. Sold – 6/23/11

138 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $443,000, MLS #201006182, a 2,159 square foot triplex and 140 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $352,000 MLS #201006188, a 1,760 sq. ft. duplex. Represented the Seller. Sold both – 3/29/11.

Recent Transactions

Below is a summary of some of my recent sales where I represented the Seller or the Buyer:

6600-6700 Cerrillos Road, Santa Fe, NM 87507, Offering Price – $1,995,000, MLS #201001373, 12,000 Sq. Ft., Lot Size 24,363 Sq. Ft. Commercial.  Represented the Seller and the Buyer.  Sold 6/6/12.

734 Porvenir, Santa Fe, New Mexico 87501, Offering Price – $225,000, MLS # 201201321, 3 Bedrooms, 2 Baths, 1,348 Sq. Ft., Lot Size .014 acres.  Represented the Seller.  Sold 5/29/12.

21 Ceramic Court, Santa Fe, New Mexico 87508, Offering Price$245,000. MLS # 201104457, 3 Bedrooms, 2 Baths, 1,943 Sq. Ft., Lot Size 2.46 acres.  Represented the Seller.  Sold 5/03/12.

06 Las Joyas, Santa Fe, New Mexico  87506, Offering Price – $899,000. MLS # 201201592, 4 Bedrooms, 4 Baths, 4,837 Sq. Ft., Lot Size 2.66 acres. Represented the Seller and the Buyer. Sold 4/16/12.

3148 La Paz Lane, Santa Fe, New Mexico 87507, Offering Price – $225,000. MLS #702402, 2 Bedrooms, 2 Baths, 1,230 Sq. Ft.  Represented the Seller. Sold 3/26/12.

71 Star Dancer Trail, Santa Fe, NM  87506, Offering Price – $649,000.  MLS #201100993, 3 Bedrooms, 2 baths, 2,630 Sq. Ft. Represented the Buyer.  Sold 3/15/12.

2308 Calle Pacifica, Santa Fe, New Mexico  87505, Offering Price – $249,500, MLS # 201104870, 3 Bedrooms, 2 Baths, 1,753 square feet.  Lot Size .19 acres.  Represented the Seller.  Sold – 02/07/12.

18 Primrose, Santa Fe, New Mexico 87506, Offering Price – $869,000, MLS # 201005531, 3 Bedrooms, 3 Baths, 3,300 Square Feet, Lot Size 1.5 acres.  Represented the Buyer.  Sold – 01/10/12.

1405 Vegas Verdes #105, Santa Fe, New Mexico, Offering Price $120,000, MLS # 201104936, 1 Bedroom, 2 Baths, 874 square feet.  Represented the Seller. Sold 11/30/11.

47 Bouquet Lane, Santa Fe, New Mexico, Offering Price – $355,000, MLS # 201104078, 4 Bedrooms, 2 Baths, 2,487 square feet, Lot Size .8 acres.  Represented the Buyer and the Seller.  Sold 11/03/11.

2924 Pueblo Pintado, Santa Fe, New Mexico, Offering Price – $220,000, MLS # 201105107, 3 Bedrooms, 2 Baths, Lot Size .13 acres.  Represented the Seller.  Sold – 10/31/11.

621 Old Santa Fe Trail, Santa Fe, New Mexico, Offering Price – $1,380,000, MLS # 201103504, 8,700 square feet. Commercial. Represented the Buyer. Sold 09/09/11.

36 Vista Lagunitas, Santa Fe, New Mexico, Offering Price – $599,000, MLS # 201102611, 4 Bedrooms, 4 Baths, 2,900 square feet, Lot size 1.499 acres.  Represented the Seller.  Sold – 7/27/11.

41 Camino de Milagro, Santa Fe, New Mexico, Offering Price – $635,000, MLS # 201006026, 3 Bedrooms, 3 Baths, 3,457 square feet, Lot Size 14.94 acres. Represented the Buyer. Sold – 6/23/11

138 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $443,000, MLS #201006182, a 2,159 square foot triplex and 140 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $352,000 MLS #201006188, a 1,760 sq. ft. duplex. Represented the Seller. Sold both – 3/29/11.

Recent Transactions

Below is a summary of some of my recent sales where I represented the Seller or the Buyer:

734 Porvenir, Santa Fe, New Mexico 87501, Offering Price – $225,000, MLS 201201321, 3 Bedrooms, 2 Baths, 1,348 Sq. Ft., Lot Size .014 acres.  Represented the Seller.  Sold 5/29/12.

21 Ceramic Court, Santa Fe, New Mexico 87508, Offering Price$245,000. MLS # 201104457, 3 Bedrooms, 2 Baths, 1,943 Sq. Ft., Lot Size 2.46 acres.  Represented the Seller.  Sold 5/03/12.

06 Las Joyas, Santa Fe, New Mexico  87506, Offering Price – $899,000. MLS # 201201592, 4 Bedrooms, 4 Baths, 4,837 Sq. Ft., Lot Size 2.66 acres. Represented the Seller and the Buyer. Sold 4/16/12.

3148 La Paz Lane, Santa Fe, New Mexico 87507, Offering Price – $225,000. MLS #702402, 2 Bedrooms, 2 Baths, 1,230 Sq. Ft.  Represented the Seller. Sold 3/26/12.

71 Star Dancer Trail, Santa Fe, NM  87506, Offering Price – $649,000.  MLS #201100993, 3 Bedrooms, 2 baths, 2,630 Sq. Ft. Represented the Buyer.  Sold 3/15/12.

2308 Calle Pacifica, Santa Fe, New Mexico  87505, Offering Price – $249,500, MLS # 201104870, 3 Bedrooms, 2 Baths, 1,753 square feet.  Lot Size .19 acres.  Represented the Seller.  Sold – 02/07/12.

18 Primrose, Santa Fe, New Mexico 87506, Offering Price – $869,000, MLS # 201005531, 3 Bedrooms, 3 Baths, 3,300 Square Feet, Lot Size 1.5 acres.  Represented the Buyer.  Sold – 01/10/12.

1405 Vegas Verdes #105, Santa Fe, New Mexico, Offering Price $120,000, MLS # 201104936, 1 Bedroom, 2 Baths, 874 square feet.  Represented the Seller. Sold 11/30/11.

47 Bouquet Lane, Santa Fe, New Mexico, Offering Price – $355,000, MLS # 201104078, 4 Bedrooms, 2 Baths, 2,487 square feet, Lot Size .8 acres.  Represented the Buyer and the Seller.  Sold 11/03/11.

2924 Pueblo Pintado, Santa Fe, New Mexico, Offering Price – $220,000, MLS # 201105107, 3 Bedrooms, 2 Baths, Lot Size .13 acres.  Represented the Seller.  Sold – 10/31/11.

621 Old Santa Fe Trail, Santa Fe, New Mexico, Offering Price – $1,380,000, MLS # 201103504, 8,700 square feet. Commercial. Represented the Buyer. Sold 09/09/11.

36 Vista Lagunitas, Santa Fe, New Mexico, Offering Price – $599,000, MLS # 201102611, 4 Bedrooms, 4 Baths, 2,900 square feet, Lot size 1.499 acres.  Represented the Seller.  Sold – 7/27/11.

41 Camino de Milagro, Santa Fe, New Mexico, Offering Price – $635,000, MLS # 201006026, 3 Bedrooms, 3 Baths, 3,457 square feet, Lot Size 14.94 acres. Represented the Buyer. Sold – 6/23/11

138 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $443,000, MLS #201006182, a 2,159 square foot triplex and 140 East Santa Fe Avenue, Santa Fe, New Mexico, Offering Price – $352,000 MLS #201006188, a 1,760 sq. ft. duplex. Represented the Seller. Sold both – 3/29/11.

Report: S.F. housing more affordable

By Tom Sharpe| The New Mexican Posted: Friday, February 24, 2012.  This article is syndicated from The New Mexican, for a complete copy of the original article, click here.

The recent economic recession has made Santa Fe housing more affordable, says a report released Friday by the Santa Fe Association of Realtors.

“For the first time in years,” the report says, Santa Fe’s median household income is enough to qualify for the purchase of a median-priced home.

“The market rates of homes have declined which does, unfortunately, negatively affect current homeowners’ investments,” it says, “yet the result is a larger number of affordably priced homes in Santa Fe.”

The report, 2011 Affordable Housing in Santa Fe, cites how the economic collapse in late 2008 led to the loss of 4,600 jobs, increased unemployment rates, poverty rates and foreclosure rates while decreasing median incomes.

But the recession caused the median price of reported real-estate sales to drop from an all-time high of $425,000 in 2007 to $330,000 for the third quarter of 2011, says the report.

“There are a considerable number of re-sale homes on the open market at low prices that were unimaginable a few short years ago,” it says. In addition to the lower median prices, the report notes that prevailing interest rates also have fallen, although lenders have become stricter in qualifying borrowers, sometimes requiring larger down payments than before.

The report says that even though there is little residential building under way in Santa Fe, nonprofits have been able to pull together funding from federal sources, grants and tax credits to increase the number of affordable-housing units:

110 units at the Santa Fe Civic Housing Authority’s new Villa Alegre compound;

60 rental units for the Housing Trust’s Village Sage;

60 rental units at the old Stage Coach Inn on Cerrillos Road have been approved for the Housing Trust;

Habitat for Humanity has acquired eight townhouse lots and has started construction on four townhouses.

The report was researched and written by Jeri Chenelle, a former government-affairs officer for the Realtors Association of New Mexico, with funding by the state association and the National Association of Realtors.

Victoria Murphy, president-elect of the Santa Fe Association of Realtors and an associate broker at Santa Fe Properties, said the idea for the affordable-housing study began when the city proposed a 1 percent “transfer tax” on the sale of homes priced at $750,000 and up. Voters rejected the tax in 2009.

“Obviously, as Realtors, we were in opposition to that, but we did come to [the city] and say, ‘Look, we understand that there is a need here,’ and in that, we found out that at times the city didn’t know how many affordable homes they actually had,” she said. “So our thing was, ‘Let’s find a way that we can have a database that we can find out exactly what’s out there and what the needs are.’ ”

Murphy said her biggest surprise was finding out how many “stakeholders” are involved in affordable housing — not only the nonprofit housing groups, but also the many construction companies that specialize in affordable housing. An extensive list of stakeholders are included in the report.

Both the City Council and the County Commission recently lowered requirements for including affordable homes in new subdivisions. But Murphy said the report’s findings don’t suggest the need for further easing of affordable housing requirements.

“The whole idea is just saying, ‘OK, this is what we have out there,’ ” she said. “How can we start promoting this so we don’t have this perception that Santa Fe is unaffordable to our workforce?”