718 Old Santa Fe Trl, Santa Fe, NM 87505

4 beds4 baths4,400 sqft Edit

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Off Market
Zestimate®: $995,064
Rent Zestimate®: $2,944/mo
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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Major remodel project yet still has the 3 magic ingredients: Location, Location and Location. Seller will consider 2 or 3 year balloon financing for qualified buyer during design and redevelopment planning. Estate is selling after many decades ownership. Historically used as 5 dwelling units. Buyer must verify to their satisfaction. Zoning is RAC. There are Historical district requirements & issues; go to City of SF website for rules on remodeling and improvements in Historical District. 2 of 3 buildings are classified as Historically Significant; one has not been reviewed. Huge upside potential for a luxury estate property in a premier location. This property needs your vision. Unique and rarely found this close to the Plaza. If square footage is of material concern to buyer, an independent verification should be obtained. Property is being sold AS IS. High risk, high reward!  More Less 

Facts

  • Lot: 0.55 acres
  • Single Family
  • Views: 6,145 all time views
  • Cooling: None
  • Heating: Baseboard

Features

  • Flooring: Hardwood
  • Parking: 10 spaces

    Construction

    • Roof type: Other
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 4,400 sqft
    • Heating: Electric, Gas
    • Parcel #: 010857088
    • Zillow Home ID: 6825392

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $995,064
    -$109 Last 30 days
    $697K
    $1.26M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,944/mo
    +$333 Last 30 days
    $1.8K
    $5.9K
    Zestimate range

    Popularity on Zillow

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    6,145 all-time views
    of this home (chart)
    203 forecasted views of this home
    in the first 7 days after listing for sale
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    Neighborhood

    Market guide

    Zillow predicts New Mexico home values will increase 1.7% next year. Among 87505 homes, this home is valued 205.5% more than the midpoint (median) home, and is valued 6.6% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 87505, the number of foreclosures waiting to be sold is 7.7% less than in Santa Fe, and 65.7% lower than the national average. This lower local number could help 87505 home values rise more quickly than other regions in Santa Fe.

    Learn more about forecast calculations.
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      Nearby Schools in Santa Fe

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org