$6,721 Closing Credit¹
#202402757, Monica Martinez-Pringle, Listing Office: Berkshire Hathaway HomeService
$575,000 List price
509 Silva St Santa Fe, NM 87505
$6,828
Closing credit¹
4 beds
4 full
2,277 sqft
0.2 acres
$253 / sqft
House
Property details
About 509 Silva St
Discover a fantastic investment opportunity with this charming four-unit property, near the Heart of Santa Fe. This traditional New Mexico style property, with a total living space of 2,277 sq ft, exudes the authentic Southwest charm that draws renters seeing a true Santa Fe Experience. Every space consists of classic vigas, colorful elements and wood detailing throughout. Three of units being one bedroom, one bath, and one studio apartment equipped with adequate living and cooking room. Located just minutes from downtown Santa Fe, this property offers easy access to the city's vibrant cultural scene, shopping, and dining establishments. Its convenient location makes it an attractive option for potential renters looking for convenience and unique character. This property presents a lucrative opportunity for generating consistent monthly income for its new owner whether living on property or renting all units.
Highlights
Home typeSingle Family Residence
HeatingElectric, Wood Stove
StatusActive
Size2,277 sqft
BasementYes
Lot size0.17 Acres
Year built1970
MLS #202337714
FireplaceWood Burning Stove
Virtual tour
Summary
- MLS Number: 202337714
- MLS Name: SFAOR
- Office Name: Keller Williams
- Office Phone: (505) 983-5151
- Listing Agent: Francesco R. Crisafulli
The 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 © 2025 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: 3/16/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
509 Silva St
$6,828
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $102,628 | $2,416 |
| 2022 | $99,640 | $2,363 |
| 2021 | $96,738 | $2,363 |
| 2020 | $93,920 | $2,256 |
History based on county public records data.
Nearby schools
3
Salazar Elementary School
Public District PK-6
1.2 mi
•1231 Apache Ave
4
E.J. Martinez Elementary School
Public District PK-6
1.4 mi
•401 North San Mateo
9
Wood-Gormley Elementary School
Public District KG-6
1.5 mi
•141 E Booth St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,417. The most common annual income of people living in Santa Fe, NM is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
54%
35k-100k
14%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
10%
Single, with Kids
20%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
18%
18-34 yrs old
49%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
LongHorn Steakhouse
Chipotle
Bob Evans
What do the neighbors drive?
Buick
Mazda
Oldsmobile
What do the neighbors listen to?
Contemporary Inspirational
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 509 Silva St
This home is located at 509 Silva St in Santa Fe, NM and zip code 87505 in the City Limits Southwest neighborhood. This 2,277 square foot home, which was built in 1970, sits on a 0.17 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $575,000.
While more than 10 listings in Santa Fe, NM in February 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 84 were sold below. Between January and February 2025, Santa Fe, NM real estate market has seen decrease in the number of listings by 4%. The median list price of listings available in February 2025 was $627,903, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.