Professional Documents
Culture Documents
April 2 011
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Email / /ray@knowingsantafe.com
505.984.5117
need to navigate both a strong and challenging real estate market. Ray Rush
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Today’s real estate market is challenging. Today’s Santa Fe real estate market is changing. We invite you to know
the real estate practice of Ray Rush and Tim Van Camp and find out how they can help you meet your goals.
Today’s real estate market is challenging. Today’s Santa Fe real estate market is changing. We invite you to know
the real estate practice of Ray Rush and Tim Van Camp and find out how they can help you meet your goals.
Today’s real estate market is challenging. Today’s Santa Fe real estate market is changing. We invite you to know
the real estate practice of Ray Rush and Tim Van Camp and find out how they can help you meet your goals.
505-988-8088
505-988-8088
505-988-8088
SANTA FE’S MARKET LEADER
We Outsell All Other Santa Fe Brokerages.*
H O M E T E A M S A N TA F E
DAVID CHRISTOPHER
ROSEN: ROCCA:
505•470•9383 505•490•2999
326 Grant Avenue • 505.988.2533 www.sothebyshomes.com/santafe 417 East Palace Avenue • 505.982.6207
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sotheby’s International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sotheby’s
International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
LD
LISTED BY KEVIN AND
SO MARILYN
ST
JU SOLD BY MARILYN Watch for Our
824 CAMINO DEL MONTE SOL New Historic
$2,495,000
Prestigious location on the
Eastside Listings
Eastside. Large 1.24 acre lot Coming this
gated and set back from the road.
Four bedroom main house with Spring!
family room, office, library, formal
dining, and gourmet kitchen.
Attached 2BR, 2BA guest house.
#201003038
IC ION
AT CT
AM DU
DR RE
CE
P RI
7 Acre
Beaver Lodge Lake
DOS RIOS RANCH – CHAMA WAS $2,700,000 NOW $1,800,000 RANCHO QUERENCIA – ABIQUIU $1,885,000
Where the Rio Chama and Chamita rivers converge. A recreational paradise with fishing, hiking One of the most spectacular settings in the Southwest. Gorgeous 250 acre sanctuary
and horseback riding on beautiful varied terrain with rivers, natural springs, lakes and plentiful floating on an island in the sky with outrageous 360 degree views. Beautifully designed and
wildlife. 300+ acres with meadows, aspen, cottonwoods, ponderosa pines and 1 mile of Chama maintained home and guest home (on one level), walled gardens and portals; all opening to
River frontage. Scenic beyond belief. Roads, horse corrals, stable, hay and tack barn. the ever changing light dancing on the magnificent surrounding mountains. #201005617
#201000572
! LAND/LOTS
a do ed
N or duc ARE SELLING!
RU E ld Re
L at E
AI Z AD Call us to see these
QU PA VA
LA NA great view lots!
MONTE SERENO
$229,000 -$409,000
$169,000 - $349,000
NORTH SUMMIT
Gated Development
3101 OLD PECOS TRAIL #808 $675,000 4 CORAL BELL COURT $450,000 4316 WHISTLING MOON LANE
LOT & PLANS
A really nice Pinon B model, located on a A beautifully kept single-level 3BR, 2BA $199,500
private greenbelt. This delightful two home in La Paz at Eldorado. Elegant entry Delightful single level home on a quite cul- $359,000 $289,900
bedroom, two bath has been elegantly with a nice separation of bedrooms, de-sac in Nava Ade. Just under 1,300 sq
upgraded; new kitchen with bamboo separate dining with an ideal wet bar, a ft, this appealing floor plan includes high TANO ROAD AREA
cabinetry and appliances, remodeled wonderful covered portal off master, lovely ceilings, 3BR, 2BA, master bath with large Desirable Location
bathrooms, custom built-ins, and a high- landscaping with a very large enclosed garden bath tub, single-car garage. Club
5 ACRES
efficiency boiler and water heater. backyard, and nice views all around. house amenities: pool, hot tub, workout
#904637 #201001628 room and sauna. #201002315 $319,000 $189,900
personalize your
world!
“MY 26 YEARS OF EXPERIENCE TELLS ME
WORKING WELL WITH CLIENTS REQUIRES A
NEEDS-SPECIFIC, HIGHLY INDIVIDUALIZED
AND HANDS-ON APPROACH— ALONG 35 COPPERMALLOW ROAD
EVERY STEP OF THE WAY. I PERSONALLY Dramatic, stylish, sophisticated soft
contemporary home with phenomenal
TAKE MY CLIENTS THROUGH THE ENTIRE
views perfectly sited on over 4 acres. Lots
BUYING/SELLING PROCESS SO THAT of glass, high ceilings, open concept.
EVERYTHING IN YOUR REAL ESTATE Wonderful home for entertaining with all
TRANSACTION GETS DETAILED ATTENTION, rooms opening out to a marvelous east
AND IS CORRECTLY HANDLED– EXPERTLY Portal. Fabulous private enclave very
MANAGED, START TO FINISH!
close to Las Campanas. Brick floors,
beams and vigas, copper clad eat-at bar,
www.LINDAMURPHY.COM lovely kitchen. A Great Value.
call direct 505 780 7711 mls# 201101135 $695,000
204 PLAZA MONTANA $629,000 6 DESERT RAIN $740,000 436 LUISA PLACE $547,900
Lovely 2BR, 2BA home with a large den that could Three bedroom, three bath, virtually new, contem- Well-maintained, 3BR, 2.5BA home. Fabulous value
be a 3rd BR. Wonderful views of Sun and Moon porary Pueblo-style home. Snuggled on a lovely and style in the quiet and centrally located Miracerros
Mountain. Spacious kitchen with granite counter- private and serene lot with huge Sangre de Cristo Subdivision. Pitched and beamed living room with
tops, stainless steel appliances, and walk-in pantry. views. Features include an open and gracious floor fireplace. Spacious master suite with a deck and
Separate dining area, gas fireplace, vigas, 2-car plan with high ceilings, vigas, cherry floors, custom mountain views. Landscaped yard and a 2-car garage
garage, security system, A/C, drip irrigation. cabinetry, a master suite, guest suite, and a 3rd with a separate storage area. MLS# 201006404
Beautifully landscaped with an entertaining portal bedroom/office. MLS# 201004977
and fenced backyard. MLS# 201005915
For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to find
your ideal property. Amid natureʼs splendor – Culture, Tradition, Community –
savor the Art of Living!
Santa Fe Team
www.santafeteam.com
Eldorado285AreaHomes.com
15 WILOWA LANE
E
$498,000
IDG
Captivating mountain views R
on a wonderfully wooded E
and very private 5 acre lot. ACH
3,150 sq ft. 3BR, 3BA tri- AP
level home with living and
dining rooms, kitchen and
breakfast room. Separate
entry for studios, offices, or
additional living spaces.
Private well. Refrigerated
A/C. #201100100
8 LAVADERO ROAD
Gorgeous 4BR, 3BA home with stunning views of the Jemez and
Sangre de Cristo Mountain ranges. Beautiful finishes and wonderful
details throughout. The 4-vehicle garage can accommodate an RV.
#201002660 $1,050,000
1508SummitRidge.com 8Lavadero.com
560 PIEDMONT
Historic early Taos artist’s home and compound, private and
secluded, yet close to town. Property includes a main house and 2
guest cottages all on 6.2 acres. Wonderful shade trees, courtyards
and gardens. #201004196 $1,495,000
14PlazuelaIntima.com 560Piedmont.com
3 ARRIBA CIRCLE
3BR, 4BA, 3,375 sq ft main house and a 988 sq ft, 2BR, 2BA guest
house. Main house includes an office/study. Great floor plan,
wonderful outdoor spaces and fantastic Sangre de Cristo views.
#201002671 $895,000
2558AtalyaHill.com 3ArribaCircle.com
10 AP R IL 20 11 H OM E
E
US
N HO1 – 3
E
OP ODAY
T
BARRANCA ROAD
Roseanna Z. Gonzales
GATED COMMUNITY HORSE PROPERTY
A Custom Adobe Home on a tree-covered Country living at its best in the gated Broker Associate
2 acre lot with views.The artistry of the community of Rancho San Marcos. 11.62
PASEO BARRANCA interior adobe walls, bancos & fireplaces acres with expansive views and riding trails 505-470-5638
Well maintained, updated and beautifully furnished home on Santa is impressive.This 3 bedroom home offers throughout.This immaculately maintained
Fe’s desirable Northeast side. 3900 SF, 3 bedroom suites with homes offers 3 BD, 2 BA plus an attached 3
an attractive split-level master suite, viga &
full private baths, large studio/office, hard plaster walls, Italian car garage. Outbuildings include a horse barn,
coved ceilings throughout, beautiful lighting, tack room, hay storage and corrals.Water 312 Camino Alire
tile floors, 3 working fireplaces, in-floor radiant heat, foam roof
with transferable warranty, attached 3 car garage featuring a loft fixture & stone details, and various court- catchment barrels, landscaped and treed Santa Fe, New Mexico 87501
area for additional storage and roof access. MLS# 201005650 yards with fabulous gardens & water features. property make this an oasis in the high plains
$875,000. Open House Today 1106 Paseo Barranca 12-2. Beth $1,199,000 #201002674 Call Roseanna desert. $345,000 MLS# 905580 Call Beth
H OME A PRI L 20 11 11
Pueblo Charm
71 STAR DANCER
$699,000
MLS# 201100993
12 AP R IL 20 11 H OM E
NG
STI
LI
W
NE
Shane Caroline
Cronenweth 20 VISTA REDONDA $1,350,000
Russell
984-5158 With glass expanses showcasing massive vistas, this outstanding residence with guest house/studio was influenced by 954-5530
Frank Lloyd Wright. Impressive scale and remarkable architectural detail merge function with refined form. Featured are caroline.russell@sothebyshomes.com
shanesantafe@gmail.com a sensational great room, slate floors, mahogany cabinetry, lovely gardens and pond. The superb main level master has
www.ChooseSantaFe.com 2 baths and mini-kitchen. The excellent kitchen has a walk-in pantry and 360 bottle wine keeper. Splendid outdoor areas www.ChooseSantaFe.com
are ideal for entertaining. MLS# 201101068
E
RIC
P
W
NE
707 EAST PALACE AVENUE, #16 $369,000 11 ABIERTO WAY $875,000 103-1/2 VICTORIA STREET $898,000
Simply irresistible! In a 1920’s adobe four unit building nestled Enter a private courtyard, gaze through a dramatic glass-walled Come home to this warm, inviting Historic Eastside 2,837 sq ft
in desirable La Vereda Compound, this enchanting 1,170 sq ft entry galleria, and be awestruck by vast mountain and sunset house imbued with authentic southwest detail, including coved
two bedroom home is awash with light, and offers southern, vistas. The exciting design of this chic 2008 home is evident, ceilings with vigas, hand-troweled plaster walls, lovely tiled
mountain and sunset views. Exquisitely restored and updated, with soaring ceilings, luxury finishes and custom detail. The floors and kiva fireplaces. Featured are a dramatic sun-filled
it features hardwood floors throughout, craftsman-style open concept floor plan has splendid spaces, including an living room with portal, terrace and walled gardens, a fantastic
windows and doors with “float glass” panes, custom tile work in impressive great room, high-end kitchen, and fabulous portal dining room, and an impressively equipped kitchen with
the kitchen, bath and fireplace hearth, a deep Juliet balcony for opening to gardens and views. The private master includes a separate breakfast room. The generous master has a canopied
dining, and a lovely garden. A pleasant walk to Canyon Road lavish bath with magnificent stone wall. Equity Golf Membership deck and sunset views. Includes a two-car garage and built-in
and the Plaza. MLS# 201100443 is included. MLS# 201100580 speaker system. MLS# 201006010
231 Washington Avenue • 505.988.8088 www.sothebyshomes.com/santafe 326 Grant Avenue • 505.988.2533
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sotheby’s International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sotheby’s
International Realty, Inc. Sotheby’s International Realty® is a registered trademark. HO ME APRI L 2 011 13
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23 BISHOPS DOME ROAD $850,000 12 MOUNTAIN TOP ROAD $895,000 160 RIDGE ROAD $539,000
Striking Contemporary home on 2 plus acres has great Extraordinary Residence and two guest houses on 9.8 acres Spectacular Panoramic Views! Beautiful main house, guest
mountain views and gorgeous sunsets. Wonderful glass- with phenomenal views, numerous portals, 2,000 sq ft of house, and studio with kitchenette and bath on 7.9 acres off
enclosed casual dining area, 4 fireplaces, master bath with decks, fabulous outdoor areas, and 4 fireplaces. An Old SF Trail has two glass-enclosed mahogany decks, 2-car
exercise area, Kohler spa shower, 34-inch deep jetted inspiring retreat sited among gorgeous rock outcroppings garage, storage shed, and a 19,000 gallon water catchment
soaking
14
tub and bidet. MLS# 905717 23BishopsDome.com
AP R IL 20 11 H OM E
and Ponderosa Pines. MLS# 901989 12MountainTop.com system. MLS# 201006006 160RidgeRoad.com
326 Grant Avenue • 505.988.2533 www.sothebyshomes.com/santafe
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sotheby’s International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sotheby’s
International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
S
cover of Progressive Architecture.
anta Fe Style is changing. Saltillo tile,
The Fuges specialize in sustainably
long a hallmark of the tradition and a
harvested woods. These include exotic
floor with an unevenness that has annoyed
species from Latin America and many
as it has charmed, apparently is out of favor.
equally gorgeous woods from the United
“We don’t do much Saltillo,” said Joseph
States.
Muzzi, president of Discount Carpet &
“Recently I had some good buys in yellow
Tile Warehouse. “We’re doing a lot more
birch,” Toni Fuge said. “It’s a beautiful floor
travertine tile and porcelain tile and
but you don’t hear about it very often. Red
ceramic tile.”
oak and white oak are used all the time
Over at Coronado Paint & Decorating
because they have consistent color — there’s
Center, Steven Snell, a design and sales
not a lot of the lighter sapwood — and
consultant for the store, agreed: “That’s a
because they’re second-growth trees in a lot
sun-baked clay product and it’s a very high-
of U.S. forest regions.
maintenance floor. We have a porcelain tile
“Supply has to do with the fact that
lookalike that’s much tougher and doesn’t
many woods are sold as accumulation
need sealing.”
wood. In logging, you may be mainly
Muzzi’s business, which will be 19 years
cutting oak trees but there are also other
old on May 1, specializes in material
species; those are set aside and they go to
from Shaw Floors, Daltile, and other U.S.
an accumulation yard to be separated. The
manufacturers. Whatever the flooring,
availability of those types depends on how
these days it’s mostly used for re-do
much logging is being done and that can be
projects. “It’s totally remodels,” he said. “To
affected by an economic downturn.”
me, home builders are a thing of the past. I
Most hardwood floors cost between
don’t even know if they exist anymore.”
$3.50 and $8 a square foot.
An unexpected boon came from the
The choice of wood must be carefully
record cold in late January and early
tailored to the use. “For example,” Fuge
February bursting water pipes and
said, “a really hard tropical wood like
damaging flooring. “It was sad but it was
Brazilian cherry or ipé or bloodwood is
good for the carpet industry,” Muzzi said.
excellent for big dogs with nails, because
“We had a good February.”
these woods don’t scratch.”
What has been selling? “With the
Different types of wood are better or
economy the way it’s been, people have
A chestnut floor in the Roswell area by Plaza Hardwood Inc. worse when used with in-floor radiant
been asking for the most inexpensive floor
heating systems. A very tight house may
materials, especially in 2008 and 2009,” he witnessed increased demand for sustainably a floor that is suitable to their use, although
sometimes be too dry for a solid hardwood
said, adding that sales have improved in the harvested wood, bamboo and cork. “Cork the most important thing to them is usually
floor. And water is a potential enemy.
last year. is warm and giving, and our cork has four how it looks,” said co-owner Toni Fuge.
“Some woods are rot-resistant,” she said. “I
Popular products include traditional layers of water-based polyurethane, so you “Walnut and white oak are very popular.
have cherry in my kitchen, and you might
nylon carpet in the Berber and plush styles, can use it in wetter areas,” Snell said. So is American cherry, which is softer than
choose ipé for the bathroom,” Fuge said.
priced from $15 to $23 per square yard. The price for a cork floor is about $3.29 a oak and is an extremely stable wood. It’s
“Walnut is also pretty stable in response to
At the higher end are wool carpet, stone, square foot, or about $29 a yard. less likely to develop the huge cracks that
changes in ambient moisture.
red and white oak, bamboo, and travertine, He said 80 percent of Coronado’s are about to appear because it’s going to be
“Wood is always great in kitchens, and
or porcelain-tile lookalikes for travertine business now is from remodeling projects. so dry this spring.”
in artist studios, because you’re standing all
and slate. At the lower end are the practical He added that the best survivor in freeze- Cherry is a specialized wood species.
the time and it’s easier on the feet.”
laminates like Pergo. related flooding was glued-down porcelain Fuge said the trees are “carefully stewarded
Plaza Hardwood also sells lines of
“Carpet should be replaced about every tile. and often sustainably harvested because
prefinished “character flooring” from
10 years, but the laminates and ceramic tile Two hot items come from Mohawk it’s a valuable tree that only grows wild and
Homerwood and engineered flooring from
and hardwood are basically good for the Flooring: EverStrand carpeting made can’t be replanted.”
the Swedish company Rappgo. But Paul
life of the house,” Muzzi said. “They can be from recycled plastic water bottles and The knowledge of tree types and
and Toni Fuges’ hearts are deep in the solid
three times the cost of carpet, but they last SmartStrand made from corn byproducts, wood properties runs pretty deep in
hardwoods.
forever.” both about $40 to $45 per yard. Toni and Paul Fuge because they used to
“A wood floor is like a piece of furniture,”
Coronado’s Snell said they’re seeing a Wool carpet runs from $40 to $150. manufacture flooring; today they buy their
she said. “It should not be thought of just as
transition from carpeting to hard surfaces The store’s most popular wool is a taupe milled hardwoods from other companies.
something you walk on. I live all the time
because of the longevity factor. “Porcelain, Londonderry by the 145-year-old company Plaza Hardwood was founded in 1989 and
on wood. Always have. In Connecticut, we
ceramic, wood, cork and bamboo can take Masland. moved from Connecticut to Santa Fe 1992.
built a handmade house with trees that we
the grit in our soils. It’s a big maintenance Beautiful wood flooring is the big deal Among the projects on their resumé is a
rescued. You get kind of addicted to the
issue with carpets.” at Plaza Hardwood Inc. “When a customer floor in the Long Island home of designer
surfaces and everything about wood.”
Green building is big and Coronado has comes to me, I spend a lot of time designing Calvin Klein and an ebony floor for a client
cLARA L. dougheRty
505.690.0471 • claradough@gmail.com
www.dresf.com
W m . D a v i d D o u g h e r t y, B r o k e r • C l a r a L . D o u g h e r t y, B r o k e r
A s s o c i a t e • P a m A l e x a n d e r, O f f i c e M a n a g e r
18 AP R IL 20 11 H OM E
1849 CAMINO LA CANADA $219,500 3217 PASEO DEL MONTE $520,000 2526 CALLE DELFINO $349,000
Impeccably maintained, sweet single level home with Hyde Park Estates newer (1998) adobe/frame home with Well maintained, traditional Villa Cab home on a huge one-
tasteful details and clean, classic ambiance in close-in, solar water and space heating, radiant floor, DSL. Single third acre lot. Kiva (gas) fireplace, nichos, vigas, skylights, and
established neighborhood. Built-in storage shelves, gas level with a few steps to laundry room and two-car garage. Talavera tile. Single level with
cooking, Maytag W/D, free-standing freezer. One-car Huge, beautiful sunset views of city lights, Sandia Crest and solar gain in kitchen and family
garage, completely fenced backyard with covered deck. Mt. Taylor from custom view deck. Unique high ceilings, room. High desert mature
Southern covered portal with wall could be converted into large glass windows, open concept living/dining, storage landscaping and covered
interior living space. Good curb appeal and covered front loft. Nicely landscaped with lots of moss rock and flagstone portal in the backyard. Two-
entry. Shows beautifully. #201101073 walkways. Close to ski basin and numerous hiking trails. car garage with workshop
#201005746 area, separate laundry room.
Great curb appeal and shows
beautifully! #201003278
MARYJOY FORD
Direct: 946.4043 Cell: 577.0177
REMOTE BROADCASTS
“The remote broadcast at my HOA/Condo Association Seminar at
PECOS RIVER RANCH RETREAT $4,900,000
the Hotel Santa Fe was everything I had hoped it would be both in On over 1,600 acres with a mile of Pecos River frontage, near the Val Kilmer ranch
terms of the number of people and diversity of associations in with an amazing amount of improvements and infrastructure intact (roughly 70,000 sq
attendance.We had great interactions between ft of adobe living and event space). This beautiful ranch includes its own private
airstrip, amazing views of the river and Rowe Mesa, and
attendees and the expert presenters and the remote is only 35 minutes from downtown Santa Fe. #201100162
broadcast concept gave it added credibility while also Please call me for a showing on this or my other exquisite
expanding the audience. I definitely plan on staging New Mexico Ranch and Horse Properties.
other remotes in 2011.”
– Tom Simon, Principal of Westgate Properties, LLC GARY BOBOLSKY
The Ranch and Land Expert
Contact Rey Post to schedule your mobile: 505.470.0927
Remote Broadcast: 505.989.8900 direct: 505.984.5185
gary.bobolsky@sothebyshomes.com
HO ME APRI L 2 011 19
Call 758.2241 and we will mail you our monthly Homes real estate
magazine showcasing Taos, Angel Fire and Red River for free.
All the properties can be found at taosnews.com
20 AP R IL 20 11 H OM E
Exclusively represented by
Call Steve Flance THE FLANCE COMPANY
for information Stephen R. Flance
505-690-5838 Qualifying Broker and Owner Marcia Wolf, Qualifying Broker • 505-982-4201
505-988-9891 • 800-409-2494
www.bishopslodgehills.com Missy Wolf, Associate Broker • 505-310-9700
All information contained herein is deemed reliable, but no representations or warranties are made as to the accuracy of the information. Availability is subject to
sale or withdrawal without prior notice. Plans, specifications and prices are subject to change without prior notice. An owner is a licensed New Mexico real estate broker. 200 W. DeVargas, Suite 2 • Santa Fe, NM 87501 • 505-982-4201
HO ME APRI L 2 011 21
A long and winding road, at one point crossing the Pojoaque River, leads to this house ceiling, a blue-tile wall fountain, and a wall of windows looking out to the swimming pool.
at Jaconita in the Pojoaque Valley. It is actually a compound, a wonderfully sprawling The shape of the pool came from Jacques Cartier, a former ballet dancer from New York
collection of buildings in the center of 43.5 acres. The place boasts double-adobe walls who in 1939 began a 30-year stint as the Firedancer for Santa Fe’s Zozobra ceremony.
and, in most areas, brick floors. “I just talked to Mom and she confirmed that Cartier was a good friend of her parents
During a late-winter visit with Realtor Dermot Monks, who grew up here, his mother, and helped with a lot of the landscaping as well as designed the swimming pool,” Dodge
Florence, was sitting at a table by a living-room window taking care of paperwork and said. “I grew up in Chicago and my parents would bring me and my two brothers to visit
being distracted by the steady flutter of finches, tanagers and chickadees at a feeder just the Barkers. My grandmother would call the Shipmans in Nambé and Nat Shipman and
outside. “We’ve been here 50 years,” she said. “It was built by Walter Barker.” I would take our slingshots and canteens and go out all day looking for rabbits in the
David Dodge said the abode was developed by his grandparents, Walter and Margaret barrancas out there.
Barker. “This property was called Rancho Sin Vaca — Ranch Without Cows,” Dodge said. “I also remember that my grandfather was either the first or second president of the
“My mom [Natalie Dodge] says that to the best of her recollection, it was built in 1938 and Santa Fe Opera board and on Sunday afternoons all these opera singers would come over
1939. The whole place was kind of designed by the the sculptor Allan Clark, who was a and lounge around the pool.”
friend and had a place across the river.” The age of the residence (which was sold to Jerome and Florence Monk in the early
One of the rustic but charming spaces is a sunroom with stone floors, a split-cedar 1960s) can be glimpsed in some of its artifacts. One is the Graybar Interphone, an antique
Donate
your gently used furniture,
appliances and building materials to
the Santa Fe Habitat for Humanity
ReStore.
A fund raiser for Habitat for Humanity.
Michael D’Alfonso
(505) 670-8201 | michael@ddsantaferealestate.com
Stephanie Duran
(505) 204-2491 | stephanie@ddsantaferealestate.com
Our 1st Quarter sales were up 60% over 2010. Ready to buy or sell? Call us today.
7 Calle Cascabela ˃ Campo Conejos 40 Camino Benavidez ˃ Puesta del Sol 12 Bosque Loop ˃ Eldorado 142 West Houghton ˃ South Capitol
SO
LD
Building permits
$451,875. — 3025 Primo Colores St. — 4233 Luz de Estrella.
SANTA FE COUNTY building Christian Alba, 5025 Agua Building permits issued by the $114,811. $202,843.
permits issued from mid-Feb- Fria Park Rd. $200,000. CITY OF SANTA FE during — 4212 Entrada Sonata. Homewise, Inc., 3705
ruary to mid-March included Brian Berg, 11 Mountain Top. the month of February includ- $316,589. Valmora Rd. $146,819.
the following: $350,000. ed the following: — 3868 Montana Verde Rd. — 3721 Valmora Rd. $153,000.
Lucille Grey Trustee, 2902 $202,272. — 3723 Valmora Rd. $140,000.
La Nueva Querencia, 12 N.M. 14. $40,000. Centex Construction, 3005 — 3034 Floras del Sol St. — 3732 Valmora Rd. $184,684.
Caballo Viejo. $70,632. Brad & Kathy Holian, 425 Primo Colores St. $92,162. $195,106. Santa Fe Habitat for
— 48 Bosquecillo. $67,819. Glorieta Mesa. $380,000. — 3000 Primo Colores St. — 4206 Luz de Estrella. Humanity, 7244 Vuelta de la
Kevin Box, 3453 N.M. 14. $114,811. $225,522. Luz. $160,000.
SpousessellingHouses
The Tax Man Cometh
April is tax time and due to the If you believe any of the information is values have gone down, here is one
overwhelming response we received incorrect, you have 30 days from date of explanation. Due to inconsistent market
from last month’s piece about property mailing to report them. adjustments by previous assessors, there
tax protests, we realized that a followup Assuming that the information is is a great disparity in valuations and many
was in order. Readers with questions correct, the next step is to determine properties are assessed below market
about how property taxes are determined the tax. Once adjustments are made, the value. A 1978 statute required the assessor
will want to go to their mailboxes this new amount is multiplied by the millage to value all property at 100 percent
April and look for their “notice of value” or mill rate. Mill rates differ by school of its market value but in 2003 new
document. Not a tax bill, it describes your district and in Santa Fe County we have legislation put a 3 percent cap per year
property then identifies it by tax parcel four school districts. Mill rates are higher as the maximum amount a homeowner’s
ROGER CARSON
number. The different classifications that for commercial properties than they are property tax could be increased. So here’s
affect your taxes will be summarized, for residential, and they go up or down the twister: if market values drop 10 MELISSA PIPPIN-CARSON
such as class of property, exemptions and depending on projected government percent but your property is assessed 20 many proposals, such as rolling back
adjustments. You will find values for both budgets and the size of the tax roll; percent below market value, your taxes everybody’s taxes to 2003 values, but as of
land and improvements. For residential therefore if there is a budget shortfall, are still subject to a 3 percent increase. this writing there has been no progress.
properties, these are market values based the mill rate may be raised to close the The 3 percent cap is removed once We will follow up on this important issue
on sales of comparable homes. gap. For the city of Santa Fe, the effective a property sells and after each sale an in an upcoming article.
New Mexico is a self-reporting state, tax rate is currently about $671.07 per affidavit affirming the sales price is sent
which means that if you do not receive $100,000 of assessed value. A helpful to the Assessor’s Office, establishing Melissa Pippin-Carson and Roger Carson are
a notice of value, it is your responsibility formula would be: market value/100,000 the market value for that property. This associate brokers with Sotheby’s International
to contact the Assessor’s Office. They X $671.07. So, if you buy a $1 million creates a new problem referred to as “tax Realty. Read their blog at DatelineSantaFe.
have just begun working with a new mass dollar home in Santa Fe, your taxes lightening” because of the jolt the new com or call them at 505-984-5128 with your
appraisal software program and have a should be around $6,710. homeowner gets when taxes are adjusted comments or questions.
few kinks to work out so you may find If you are wondering why taxes seem to market value. Every Legislature session
errors or discrepancies on the notice. to still be going up even when market takes on this issue and there have been
Mortgagematters
Cash flow can be an important focus
For centuries the words “cash flow” principal and interest payments. That Some homebuyers have a fear of an
have had special meaning to people in same loan for a 7-year ARM, interest interest-only loan caused by the media.
times of financial stress. Now, after several only, is at 3.75 percent with a payment of No need to fear the interest-only loan.
years of difficult times, many American $1,250 interest only — a monthly saving If you wish to pay principle as well as
households are focusing on “cash flow” as of $836. I like the 7-year ARM very interest, no problem. The interest-only
their top measurement for decisions. much and recommend it every day to my loan has maximum flexibility. Principal
To most potential home purchasers, clients who are in a cash-flow crunch. payments can be made at any time. When
low monthly payments are paramount. As After seven years the savings amounts to principal payments are made, the next
terms for 30-year mortgages remain at a $70,224. Now there is some cash flow! monthly interest payment is a smaller
historic low level, many homeowners are Even after the seven years of a fixed amount because the loan balance has
JIM GAY
choosing the adjustable loan (adjustable- rate, the ARM will adjust to a formula. been reduced.
rate mortgage or ARM) and even the Usually you add the margin of 2.25 Don’t confuse the interest-only ARM cash flow, but it is not the best loan for
interest-only loan to keep their monthly percent to the one-year Libor index and with the punishing negative amortization everyone. Understand all the parameters
cash flow as high as possible. that becomes your rate for the next 12 loan. The negative amortization loan and determine if taking advantage of
Of course, interest-only loans have months. Currently, the Libor index is gives you a low payment and accrues an lower payments makes sense.
taken a lot of heat. Many borrowers have slightly below the 1 percent mark. amount each month, thereby increasing
told me they will never do an interest- Interest-only loans have been the balance due. These loans are one of Jim Gay was a real-estate broker for more
only loan. But some who once said that traditionally suited to homeowners who the causes of the mortgage problems and than 20 years and has been a consultant
are changing their perspective. will sell their home in five to seven years. you should not even consider them. to Fortune 500 companies. He is currently
A 30-year fixed-rate mortgage for For a five-year ownership the potential Cash flow is important to all of us. The senior loan officer at Home Buyers Mortgage
a $400,000 home loan is currently at adjustment to the prevailing rate after adjustable mortgage plus the interest-only (505-986-9080) and can be reached at jim@
4.75 percent, or $2,086 per month for seven years is not even a factor. feature is a valid method of maximizing jimgayhomemortgage.com
HomeequityAdvantage
Threads of color
Textiles have long been an obsession fabric is not suitable for upholstery; it I featured a gorgeous embroidered fabric
and a love of people everywhere. The does not have enough body to withstand that is puncture-proof and self-healing
color, the texture, the weaving, the use as a seat. How does one know what in the “Emerald Home” during last year’s
prints... oh my! As a designer, textiles fabric is right for a specific application? Parade of Homes. The added benefit to
are hugely inspirational to me. An entire Durability tests are a great way to help this fabric is that it is made completely of
design can be inspired by just one textile. you understand fabric ratings. There is post consumer recycled products, does
Textiles can speak volumes, even define a double-rub testing system, which is a not off-gas even if burned, and has a
civilizations: Chinese silks, Hawaiian simulation of a person getting in and out minimum life span of 20 years. Pretty and
shirts, Scots tartans, African batiks, of a chair. amazing!
Belgian linen are examples. The most commonly known rating In terms of stain resistance, fade
Today we enjoy access to many system is the Wyzenbeek test; this is a resistance and weather resistance, the sky LISA SAMUEL
hundreds of fabrics from the world over. method of double rubbing the fabric with is the limit. There are many choices in establishments do not usually have
This is luxury pure and simple. The abrasive materials in a back-and-forth terms of eco-friendly fabrics as well. In the fabric durability ratings or trained
range of type, content and price is quite motion. When the fibers begin to break, 2004, many of the fabrics that were made personnel to answer the questions you
astounding. I am always taken with the or noticeable wear is observed, the fabric from recycled products were polyester may have. So before investing in 25 yards
beauty of the designs and colors as I and rating is calculated. Based on the number and not very stylish, but because of some of fabric to reupholster your sofa, make
my team regularly preview the newest of double rubs, the fabric is graded as very dedicated individuals, we now can sure you get the best for your money.
and greatest to add to our prolific library. heavy duty, medium duty or light duty. offer fabrics that are not only beautiful
Sounds overwhelming, but our library A fabric with the rating of 30,000 double and incredibly luxurious, but produced Lisa Samuel ASID, IIDA is a Santa Fe
is carefully organized by our resource rubs is extremely durable. A fabric with in a cradle-to-cradle process with no- native and is owner/president of Samuel Design
specialist into color groups as well as the rating of 15,000 is suitable for heavy- impact, perfectly safe manufacturing Group, located in the Railyard Artyard lofts.
group types such as drapery fabric and duty residential applications. process. She is an award-winning interior designer
upholstery fabric. There are an amazing array of fabrics Buying fabric in the retail market (licensed interior designer #313), a lighting
So yes, certain fabrics are more suitable that are great in households with pets and will undoubtedly leave you with many designer, and furniture designer.
for specific applications. A loosely woven children, and that do not look industrial. questions. The fabrics offered in retail
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42 AP R IL 20 11 H OM E
This advertising material is not an offer to sell nor a solicitation of an offer to buy to residents of any state or jurisdiction in which registration requirements have not been fulfilled. Pricing and information are subject to change without notice and are not
guaranteed. Destination Club Realty—New Mexico, 505.820.0850
SANTA FE ®
PROPERTIES
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