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508 E Palace Ave; Santa Fe, NM Property Details

508 E Palace Ave, Santa Fe, NM is a Single Family that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 508 E Palace Ave has 2 bedrooms, and a total of 819 square feet. The lot size of 508 E Palace Ave is 4,425 square feet.

Off market
508 E Palace Ave Santa Fe, NM 87501
$459,844 Estimated Value
2 Beds
819 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Est. Equity / %: $696,000 / 100%
  • Gross Yield: 7.641%
  • APN: 018308318
  • Situs County: Santa Fe
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Adobe
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 819/SqFt
  • Lot: 4,425/SqFt
  • Gross: 819/SqFt
  • Living: 819/SqFt
  • Building: 819/SqFt
  • Ground: 819/SqFt

Legal Description

  • Description: LOT 3 & 4 BLK 48 KINGS MAP
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Santa Fe Public Schools
  • Lat / Lon: 35.685314 / -105.930214
  • Subdivision: Kings Map
  • Property Class: Residential
  • County Use Code: SRES

Amenities

  • Plus Four: 2988
  • Cooling: None
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

508 E Palace Ave has no associated ownership info
508 E Palace Ave has no associated ownership info.

Taxes

508 E Palace Ave has 10 associated Taxes items

508 E Palace Ave, Santa Fe, NM pays taxes in Santa Fe County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $459,844. The APN we've located for 508 E Palace Ave is 018308318.

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Taxes
  • Assessed Value:  $459,844
  • Assessed Year:  2025
  • Assessed County:  Santa Fe
  • APN:  018308318
  • Assessed Land Value:  139114
  • Market Land Value:  200000
  • Tax Amount:  3490.52
  • Tax Year:  2025
  • Market Value:  523951
  • Market Year:  2025

Tax History

508 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $459,844 Land Value $139,114 Improvement Value $320,730 Tax Amount $3,490.52 Change Rate +0.025987% Assessed CR Tax Rate +0.007591%
Year 2024 Assessed Value $446,452 Land Value $135,063 Improvement Value $311,389 Tax Amount $3,402.11 Change Rate -0.000012% Assessed CR Tax Rate +0.00762%
Year 2023 Assessed Value $433,450 Land Value $116,699 Improvement Value $316,751 Tax Amount $3,402.15 Change Rate +0.022616% Assessed CR Tax Rate +0.007849%
Year 2022 Assessed Value $420,826 Land Value $113,300 Improvement Value $307,526 Tax Amount $3,326.91 Change Rate +0.015695% Assessed CR Tax Rate +0.007906%
Year 2021 Assessed Value $136,190 Land Value $36,666 Improvement Value $99,524 Tax Amount $3,275.5 Change Rate +0.0309% Assessed CR Tax Rate +0.024051%
Year 2020 Assessed Value $132,223 Land Value $36,666 Improvement Value $95,557 Tax Amount $3,177.32 Change Rate +0.014169% Assessed CR Tax Rate +0.02403%
Year 2019 Assessed Value $128,372 Land Value $56,085 Improvement Value $72,287 Tax Amount $3,132.93 Change Rate +0.02254% Assessed CR Tax Rate +0.024405%
Year 2018 Assessed Value $124,634 Land Value $54,451 Improvement Value $70,183 Tax Amount $3,063.87 Change Rate +0.025742% Assessed CR Tax Rate +0.024583%
Year 2017 Assessed Value $121,004 Land Value $52,866 Improvement Value $68,138 Tax Amount $2,986.98 Change Rate +0.060586% Assessed CR Tax Rate +0.024685%
Year 2016 Assessed Value $117,480 Land Value $51,327 Improvement Value $66,153 Tax Amount $2,816.35 Change Rate +0.023762% Assessed CR Tax Rate +0.023973%
Year 2015 Assessed Value $114,059 Land Value $49,832 Improvement Value $64,227 Tax Amount $2,750.98 Change Rate +0.063329% Assessed CR Tax Rate +0.024119%
Year 2014 Assessed Value $110,626 Land Value $39,394 Improvement Value $71,232 Tax Amount $2,587.14 Change Rate Assessed CR Tax Rate +0.023386%