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531 Barela Ln, Santa Fe, NM, 87505

$434,900

Home List Price

$5,164*

Closing Credit

3 Bedrooms
1 Full Bath
1,513 SqFt
$287/SqFt
House
Schools Nearby

Location

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531 Barela Ln, Santa Fe$434,900

Buyer Closing Credits

$5,164*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1966
HeatingForced Air
CoolingCentral Air
FireplaceWood Burning
MLS #202401019
Lot Size0.19 Acres
StatusActive

About 531 Barela Ln

Price reduced! Welcome to this charming ranch-style home in move-in-ready condition, featuring three bedrooms and one bath, perfect for comfortable living. The spacious layout offers ample room for relaxation and entertainment, complemented by a cozy wood-burning fireplace. Enjoy the privacy of the generous lot, with no direct neighbors behind you, ideal for outdoor enjoyment. Don't miss out on the opportunity to make this delightful home your own. Schedule a showing today and imagine yourself calling this place home. Some photos have been virtually enhanced with furniture items and are not representative of the current condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1966
  • Living Area: 1,513 SqFt

Listing Office:

  • Office Name: RE/MAX Avante
  • Office Phone: (505) 552-3088
  • Listing Agent: Janet Frederick

Interior Features

Interior Information:

  • Basement: No
  • Interior: Interior Steps
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Santa Fe High School, Public District Grades 9-12
  • Aspen Community Magnet School, Public Magnet Grades KG-8

Other

Directions Information:

  • Directions: Take ramp onto St Michaels Dr (NM-466 W) toward St. Michael's Dr./Hospital/College of Santa Fe. Go for 1.4 mi., Continue on Osage Ave. Go for 0.7 mi., turn right on Agua Fria, turn right on Barela Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $434,900
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $1,349
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Santa Fe, NM.

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Santa Fe, NM

City

Med. Sold Price

$621.6K

Med. Price/SqFt

$358

Avg. Days On Market

62

# of Sold Homes

106

531 Barela Ln vs Santa Fe

33 DAYS ON ROCKET

-29 Days

$434,900

-$186.7K Less

$287/SqFt

-$72 Less

KEY TAKEAWAY

This property is $186.7K less than the Median Sold Price and $72/SqFt less than other homes in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202401019

Listing Office:

  • Office Name: RE/MAX Avante
  • Office Phone: (505) 552-3088
  • Listing Agent: Janet Frederick

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,349$56,137
2019$1,330$54,502
2018$1,300$52,915
2017$1,160$48,977

History based on county public records data.

Payment Calculator

$2,238

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,370

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1684860
4
/10

  • Aspen Community Magnet School

  • 450 La Madera St

  • 1.29 miles

  • Public Magnet Grades KG-8

High School

school-card-donut-1684861
5
/10

  • Santa Fe High School

  • 2100 Yucca St

  • 1.45 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,417. Typical income of Santa Fe, NM residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Barela Ln

What is the listing price of this property?

The listing price of 531 Barela Ln property is $434,900.

What type of property is this?

The property 531 Barela Ln is a house located in Santa Fe, New Mexico, 87505.

Is this property for sale now?

Active Listing: 531 Barela Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 531 Barela Ln are:
Aspen Community Magnet School: GreatSchools Rating 4/10
Santa Fe High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,349 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 Barela Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 531 Barela Ln is 1,513 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Barela Ln is 1966.

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87505›531 Barela Ln

This home is located at 531 Barela Ln in Santa Fe, NM and zip code 87505 in the City Limits Southwest neighborhood. This 1,513 square foot home, which was built in 1966, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $434,900.

Santa Fe, NM housing market in March 2024 saw over 17 listings sold above listed price, more than 26 sold at listed price and over 63 sold below. The inventory of homes for sale in Santa Fe, NM between February 2024 and March 2024 increased by 2.2%. The median list price of listings available in March 2024 was $621,624, while the average time on the real estate market was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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