2 months on rocket

711 S Saint Francis Dr, Santa Fe, NM, 87505

$975,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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711 S Saint Francis Dr, Santa Fe$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1934
HeatingNatural Gas
CoolingNone
MLS #202400582
Lot Size0.25 Acres
StatusActive

About 711 S Saint Francis Dr

This is a great opportunity to purchase an historically successful 4-unit rental property. Long-term renters in place. The freestanding main house has two bedrooms, one bathroom and a basement. Units 2 and 3 are studio apartments, and Unit 4 is a one-bedroom. The property has commercial possibilities. Great proximity to The Railyard, Whole Foods, Starbucks, and many other amenities. Two of the units are adobe. The garage has the potential for an additional unit or an expansion of Unit 2.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1934

Listing Office:

  • Office Name: Santa Fe Properties/Washington
  • Office Phone: (505) 982-4466
  • Listing Agent: Hal Logsdon

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Range, Washer
  • Basement: No
  • Interior: No Interior Steps

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

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: East side of Saint Francis.

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000

Tax Information:

  • Annual Amount: $2,575
  • 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

$622K

Med. Price/SqFt

$359

Avg. Days On Market

53

# of Sold Homes

158

711 S Saint Francis Dr vs Santa Fe

69 DAYS ON ROCKET

+16 Days

$975,000

+$352.9K More

KEY TAKEAWAY

This property is $352.9K more than the Median Sold Price in Santa Fe, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202400582

Listing Office:

  • Office Name: Santa Fe Properties/Washington
  • Office Phone: (505) 982-4466
  • Listing Agent: Hal Logsdon

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: 5/3/2024, 2:20:35 AM 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$2,575$107,178
2019$2,539$104,056
2018$2,483$101,025
2017$2,421$98,083

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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-5132754
4
/10

  • Aspen Community Magnet School

  • 450 La Madera St

  • 0.47 miles

  • Public Magnet Grades KG-8

High School

school-card-donut-5132755
5
/10

  • Santa Fe High School

  • 2100 Yucca St

  • 2.32 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 $51,828. Residents of Santa Fe, NM typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Santa Fe County›Santa Fe›87505›711 S Saint Francis Dr

This home is located at 711 S Saint Francis Dr in Santa Fe, NM and zip code 87505 in the Downtown Santa Fe neighborhood. This home, which was built in 1934, sits on a 0.25 acre lot. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $975,000.

Over 39 listings were sold over their listed price in April 2024 in Santa Fe, NM. In the same period over 77 listings were sold below the listed price and 42 listings were sold for the listed price. The number of homes for sale in Santa Fe, NM increased by 13% between March 2024 and April 2024. While the average time on the market in April 2024 was 53 days, the median list price was $622,027.

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

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