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Sold
  • Price Unknown

    707 E Palace Ave APT 8, Santa Fe, NM 87501

    2beds
    2,304sqft
    Condominium
    Built in 1985
    -- sqft lot
    $937,000 Zestimate®
    $--/sqft
    $5,102 Estimated rent

    Home value

    $937,000

    $825,000 - $1.06M

    $5,102/mo

    Zestimate® history
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    What's special

    Nestled in the heart of historic Santa Fe just steps from Canyon Road, galleries, restaurants and the historic Plaza, this refined condominium in the highly sought after La Vereda Compound offers a rare blend of traditional charm and modern sophistication. Boasting 2 spacious bedrooms, a large office (perfect for remote work or guest overflow), 2 full bathrooms, and a half bath, this home is thoughtfully designed for comfort, convenience, and style. The updated kitchen features high-end appliances including a gas oven/range, contemporary cabinetry, and premium finishes, making is a delight for home chefs and entertainers alike. The high ceiled living and dining area are warm and inviting, with classic Santa Fe touches throughout. An added bonus to this property is the solarium off the living and dining rooms which provides extra living space as well as passive solar heat. There is a large laundry room and an extra utility/storage room. Upstairs, the primary suite opens to a private balcony with lovely views - an ideal spot for morning coffee or sunset unwinding. Enjoy serene surroundings and beautifully maintained grounds in a quiet community. Whether your seeking a peaceful getaway, a lock-and-leave second residence, or a sophisticated pied-a-terre, this La Vereda gem offers the quintessential Santa Fe lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Pollack 415-601-2160,

    Sotheby's Int. RE/Washington

    Bought with:

    Marion Tray Rankin, REC20240209

    Sotheby's Int. RE/Washington

    Source: SFARMLS,MLS#: 202600624MLS LogoOriginating MLS: Santa Fe Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Electric, Hot Water, Passive Solar
    Cooling
    • None
    Appliances
    • Included: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer, ENERGY STAR Qualified Appliances
    Features
    • Beamed Ceilings, Interior Steps
    • Flooring: Carpet, Concrete, Tile
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,304
    • Total interior livable area: 2,304 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Not ADA Compliant
    Features
    • Levels: Multi/Split
    • Pool features: None
    Details
    • Parcel number: 018400011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Pueblo
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Stucco
    • Foundation: Slab
    • Roof: Foam
    Condition
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: High Speed Internet Available, Electricity Available

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: La Vereda
    HOA
    • Has HOA: Yes
    • Services included: Common Areas, Other, See Remarks, Water
    • HOA fee: $6,114 annually
    Location
    • Region: Santa Fe

    Financial & listing details

    • Tax assessed value: $848,395
    • Annual tax amount: $6,217
    • Date on market: 3/2/2026
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/24/2026Sold--
    Source: SFARMLS #202600624 Report a problem
    3/22/2026Pending sale$1,095,000$475/sqft
    Source: SFARMLS #202600624 Report a problem
    3/2/2026Listed for sale$1,095,000-6.4%$475/sqft
    Source: SFARMLS #202600624 Report a problem
    1/1/2026Listing removed$1,170,000$508/sqft
    Source: SFARMLS #202503422 Report a problem
    10/28/2025Price change$1,170,000-2.1%$508/sqft
    Source: SFARMLS #202503422 Report a problem
    9/23/2025Price change$1,195,000-2.4%$519/sqft
    Source: SFARMLS #202503422 Report a problem
    9/3/2025Price change$1,225,000-1.9%$532/sqft
    Source: SFARMLS #202503422 Report a problem
    7/30/2025Listed for sale$1,249,000+112.1%$542/sqft
    Source: SFARMLS #202503422 Report a problem
    8/18/2012Listing removed$589,000$256/sqft
    Source: Sotheby's International Realty - #201201316 Report a problem
    7/19/2012Price change$589,000-3.4%$256/sqft
    Source: Sotheby's International Realty - #201201316 Report a problem
    6/3/2012Listed for sale$610,000$265/sqft
    Source: Sotheby's International Realty - #201201316 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,217 +2.6%$819,082 +3%
    2024$6,060 -9.1%$795,226 -6.4%
    2023$6,666 +38.8%$849,291 +39.8%
    2022$4,802 +1.6%$607,398 +3%
    2021$4,728 -1.1%$589,707 +196.4%
    2020$4,782 -5.9%$198,981 -4.5%
    2019$5,082 -0.7%$208,251
    2018$5,119 $208,251
    2017$5,119 -0.4%$208,251 -6.2%
    2016$5,141 $222,134 -0.7%
    2015$5,141 -4.7%$223,743 -7.6%
    2014$5,396 +7.3%$242,214
    2013$5,028 -11.6%--
    2012$5,690 +1.4%--
    2011$5,613 +4.5%--
    2010$5,374 +5.7%--
    2009$5,085 +4.2%--
    2008$4,877 +89.2%--
    2005$2,578 +15.5%--
    2004$2,232 -7%--
    2003$2,400 +5.4%--
    2002$2,277 +15.6%--
    2001$1,970 +3.5%--
    2000$1,904 $105,517
    Find assessor info on the county website

    Neighborhood: 87501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Acequia Madre
    • Middle: Milagro
    • High: Santa Fe

    Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $937,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $937,000