Beruflich Dokumente
Kultur Dokumente
March 2011
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RAY RUSH
Direct 505.984.5117
Mobile 505.577.5117
ray@knowingsantafe.com
THE NEDRA MATTEUCCI
GALLERY COMPOUND BROWNELL HOWLAND
MLS# 803321 MLS# 807215
JOHN RIGATTI
Direct 505.984.5141
Mobile 505.660.3353
jrigatti16@comcast.net
KnowingSantaFe.com
Because it’s like no other real estate site you’ve ever visited, you’ll know
what to expect before you ever set foot on the property. We guarantee it. 231 Washington Avenue • 505.988.8088
MARION SKUBI GROUP Marion Skubi
ABR, CRB, CRS
Johnnie Gillespie
Partner, Marion Skubi Group
Marion Skubi Johnnie Gillespie 505.660.8722
Marion@MarionSkubi.com
505.690.1909
Johnnie@JohnnieGillespie.com
Remarkable Views
PASEO DEL PALOMA
$1,395,000
MLS# 201100061
Remarkable Craftsmanship,
Elegant Views Classic Pueblo-style Home
71 GRAYTHORN 8 ENTRADA HERMOSA
$1,350,000 $949,000
MLS# 201100036 MLS# 201100430
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P erfectly situated on Camino
Encantado, this home feels like it is
UCE
D in the country, but is only two miles
RE from the Plaza. A large entry portal
E
RIC
P welcomes guests into the foyer with
a grand, circular wooden staircase.
The 4,450 sq ft home offers four
bedrooms, four and one half baths,
five fireplaces, beams, dramatically
carved corbels, gourmet kitchen and a
master suite that occupies the entire
2nd floor. Lovely garden with
recirculating stream and entertainment
patio. MLS# 201004150
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
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Shane Caroline
Cronenweth 11 ABIERTO WAY $875,000
Russell
984-5158 Enter a private courtyard, gaze through a dramatic glass-walled entry galleria, and be awestruck by vast mountain and 954-5530
sunset views. The exciting design of this chic 2008 home is evident, with high beamed ceilings, luxury finishes and custom
shanesantafe@gmail.com detail. The open concept floor plan has splendid spaces, including an impressive great room, high-end kitchen, and
caroline.russell@sothebyshomes.com
www.ChooseSantaFe.com fabulous portal opening to gardens and views. The private master includes a lavish bath with a magnificent stone wall. www.ChooseSantaFe.com
Equity Golf Membership is included. MLS# 201100580
707 EAST PALACE AVENUE, #16 $395,000 1344 UPPER CANYON ROAD $1,500,000
Simply irresistible! In a 1920’s adobe four unit building, nestled in desirable La Vereda Compound, Remarkable value! Behind gates and superbly sited on a prime Eastside 1.87 acre lot, this
this enchanting 1,170 sq ft, two bedroom home is awash with light, and offers southern, mountain marvelous home with attached guest apartment merges modern amenities with historic elements.
and sunset views. Exquisitely restored and updated, it features hardwood floors throughout, With prized sunset and mountain vistas, the house has a gorgeous 43' great room, two portals,
Craftsman-style windows and doors with “float glass” panes, custom tile work in the kitchen, bath fantastic grill island, and spacious deck. Featured are a lovely master, high-end country kitchen,
and fireplace hearth, a deep Juliet balcony for dining, and a lovely garden. A pleasant stroll to both handsome family/media room, private office, wine/storage room, rich hardwood floors, generous
Canyon Road and the Plaza. MLS# 201100443 motor court, and a groomed hiking path. MLS# 905559
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103-1/2 VICTORIA STREET $898,000 11 LONGHORN LANE $1,075,000 24-C PASEO ENCANTADO NE $815,000
Come home to this warm, inviting Historic Eastside 2,837 sq ft Ultimate country luxury amid sweeping vistas defines this Lose yourself in dazzling sunsets and an unbelievable carpet of
house imbued with authentic southwest detail, including coved exquisite one level Sharon Woods home, in gated La Tierra stars from this marvelous custom Tesuque residence on 5+
ceilings with vigas, hand-troweled plaster walls, lovely tiled Nueva. The splendid living room has soaring ceilings, huge acres. Southwest style with Mediterranean accents creates a
floors and kiva fireplaces. Featured are a dramatic sun-filled windows and opens to a fabulous portal. The lavish master suite delightful ambiance. Tiled floors, soaring ceilings, hand-
living room with portal, terrace and walled gardens, a fantastic with fireplace and picture postcard view is heaven, and the eat- troweled plaster walls, vigas and abundant antique architectural
dining room, and an impressively equipped kitchen with in kitchen is a cook’s pleasure. Enjoy the library/media room, elements enhance the home. With its dramatic living room,
separate breakfast room. The excellent master suite has a remarkable garden room, enchanting guest house and romantic master suite and lovely guest quarters, plus a huge
canopied deck and sunset views. Includes a two-car garage spectacular landscaping. Hand-troweled plaster walls, beams, entertaining portal and spacious landscaped grounds, this is a
and built-in speaker system. MLS# 201006010 tile floors, A/C. Horses welcome. MLS# 201004244 Santa Fe dream. MLS# 201005595 HO ME MAR CH 2 011 5
231 Washington Avenue • 505.988.8088 www.santafesir.com • 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.
H O M E T E A M S A N TA F E
DAVID CHRISTOPHER
ROSEN: ROCCA:
505•470•9383 505•490•2999
PLAZA B MODEL, #201 PINON C MODEL, #667 PINON E MODEL, #907 PINON E MODEL, #676 HACIENDA MODEL, #623
$410,000 #201100246 $665,000 #201006457 $875,000 #201100446 $950,000 #201006515 $1,335,000 #201100278
Marilyn Foss is
pleased to announce
her new National
Association of
Realtors’ designation
as a Seniors Real
Estate Specialist –
SRES
ROCIADA SPRINGS RANCH $3,500,000 RIVER SONG RANCH $1,495,000 Serving those 50
350 acre +/- fenced and gated alpine and aspen Abiquiu–two story, adobe home right on the
meadow retreat with a totally rebuilt compound. river with over 700 feet of Chama River
years of age
and older
NadelbachPhoto.com
Historic cabins and stables. Spring fed ponds. frontage. Lots of New Mexico charm and
The Rito de Gascon runs through the ranch and nestled under the cottonwood trees! Three
the Gascon Trail borders the property line. bedroom, 3 bath, 3,700 sq ft home on
Additional acreage available. Approximately 1.5 19.676 acres. Includes a barn with a
hour scenic drive from Santa Fe. #201001751 wrangler’s quarters, studio, and irrigated
www.ranchnewmex.com pasture. #201003416
Marilyn Foss with Sheila Paterson, left, and Dilys Evans, right
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409 LOS ALTOS WAY $2,200,000 616 LOS ALTOS NORTE $1,295,000 957 PASEO DEL SUR $899,000
Spacious and light filled, sited on 3 acres with panoramic This exquisite home is carefully crafted with soothing, free Minutes from the Plaza, sited on 1.02 acre, this marvelous
views, this custom LeMaster home offers exceptional living flowing interior spaces, combined with expansive vistas and home, suffused with light, sits high on the lot to capture the
space, lovely plaster walls, tile floors, professional kitchen with walking trails to town. Features include a fabulous living views from the main living areas and master suite. Well
a breakfast nook and fireplace, separate master plus 2 guest room, master and 2 guest suites, upscale kitchen, office, designed with a new heating/AC system, it offers a gourmet
suites, office and self contained family area with bedroom, breakfast nook, 4 fireplaces, outdoor entertaining area, kitchen with upscale appliances, great room with fireplace,
bath and living room. Beautifully landscaped. MLS# 201004750 plaster walls, ceramic tile floors, and AC. MLS# 201006226 separate dining room, spacious master suite, and office,
plus two guest suites with private baths. MLS# 201002264
Emily Medvec
CRS | SRES | RSPS
Cell: 505.660.4541
santafe@emilymedvec.com
emilymedvec.com
buysantafehomes.com
RECENT SALES 2010 – 2011 CURRENT LISTINGS 2011 Blog: onsantafe.com
360 Garcia Street $1,100,000 (S) 1888 Camino De Pabilo $219,000 (B) 88 Amberwood Loop $1,200,000
Emily Medvec brings a
3248 Nizhoni $305,000 (S) 11 Paseo Luna Blanca $236,000 (B) 77 Fin del Sendero $875,000 unique set of valuable
4 Escondido Mountain $332,000 (S) 6597 South Richards $249,000 (B) 110 Calle Pinonero $495,000 resources to the table for
113 Michelle Drive $425,000 (S) 2408 Calle Loma Bonita $235,000 (B) 2226 Calle Alvarado $368,000 buyers and sellers. She
42 Camino Tetzcoco $498,000 (B) 1019 Calle Carmelita $239,000 (B)
focuses her vision, out-of-
LOTS the-box thinking and
12 Herrada Court $334,000 (B) (S) = Seller • (B) = Buyer
internet savvy on what is
72 Encantado Loop $178,000
important to you.
1409 Hickox $120,000
Experience + Marketing + Negotiation = Results 2999 West Alameda $160,000 Call Her Today!
231 Washington Avenue • 505.988.8088 www.santafesir.com • 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.
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Roseanna Z. Gonzales
Broker Associate
DELGADO STREET
Downtown Location - Just 3 blocks to the 505-470-5638
BARRANCA ROAD Plaza from this 2 bdrm home and guest
A Custom Adobe Home on a tree-covered 2 acre lot with views.
The artistry of the interior adobe walls, bancos & fireplaces CIBOLA CIRCLE casita. House with kiva, new heating system
is impressive.This 3 bedroom home offers an attractive split-level List Price $289,000 and spacious rooms. Lots of light & up- 312 Camino Alire
master suite, viga & coved ceilings throughout, beautiful lighting, Sold by Roseanna Z. Gonzales dated kitchen in casita. Good rental history. Santa Fe, New Mexico 87501
fixture & stone details, and various courtyards with fabulous
gardens & water features. $1,199,000 #201002674 Call Roseanna $470,000 MLS#201004035 Call Roseanna
H OME MAR CH 2 0 11 11
6 PLAZA MOLLENO
Stunning 3BR, 4BA residence in Las Campanas. Perfect blend of
contemporary and pueblo-style design with breathtaking views of
the Sangre de Cristo Mountains and the Sunset Golf Course fairway.
#201100255 $1,575,000
NEW LISTING NEW LISTING
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41 RANCHO ESCONDIDO
NG Extreme privacy and views within this
STI 41+ acre lot less then 5 minutes from
LI 815 EAST PALACE, #12 413 PLAZA LOMAS, LOT #34
W Santa Fe’s historic plaza. A 1.5 acre
NE building site within a 41+ acre The quintessential getaway in Santa Fe! Winner of the multiple awards in the 2009
conservation easement. Horseback Three BR adobe condo tucked into the Parade of Homes. High-end finishes,
and hiking trails. Simply the best historic Eastside hills. Wood-burning kiva separate casita could be a studio or guest
Santa Fe has to offer. fireplace, brick floors and a private, tree- house. Borders open space and 5 minutes
MLS# 201100052 $1,450,000 covered patio with mountain views. to downtown.
MLS# 201100253 $650,000 MLS# 201006501 $625,000
Y
ou’re thinking about a remodel job on a bathroom.
What kinds of things should you do, and how
much will it cost? “One thing people want to do
is get rid of the old Mexican tile,” said Rich Enrietta, vice
president in charge of production at Chapman Companies
for over 35 years. “They’re going to the larger, 18-by-18-
inch tile to try to make the bathroom look bigger. They’re
also upgrading the shower doors. Instead of the old-
fashioned slider doors they want the newer frameless door
that’s cleaner-looking.”
Enrietta said clients ask about the vessel sinks they’ve
seen in magazines, but he stressed that those are examples
of the “high-end types of things and that can really add up.
“We did a remodel a couple months ago on a bathroom
that was about 10 by 12 feet and it was about $24,000. Then
we priced another one about the same size and it was more
like $35,000, just because of things like granite tops instead
of Formica.”
He said Chapman has been doing remodeling for more
than 30 years, although the company “took a little bit of a
break” from such jobs when the single-family market was
really cooking a few years ago. From his experience, the
most expensive remodel work is that involving kitchens
and bathrooms. “A job can cost anywhere from $100 to
$300 a square foot,” Enrietta said.
Remodeling magazine’s most recent Cost vs. Value Report
shows that the price of an average bathroom remodel
— a simple updating of paint and other standard finishes,
with a new tub — is $15,752 in the Mountain Region of
the American West. A job that includes expanding the
bathroom from 35 to 100 square feet, relocating all fixtures,
and installing a spa tub, a shower with body sprays, two
sinks in a stone countertop, a humidstat-controlled exhaust
fan, and heated towel bars, costs closer to $52,000.
And now what about lead? The metal, which was used
extensively in house paints and other compounds before
its toxicity was known, is now the bane of remodeling
contractors, according to Steve Pompei, who has had
Pompei’s Home Remodeling in Santa Fe for 23 years.
“I feel we’re at a perfect storm in our industry. The new
lead ruling is a big issue,” he said recently. “Every contractor
in America has to be certified by the EPA to work on any
house built prior to 1978.”
He refers to the Environmental Protection Agency’s new
Renovation Repair and Painting (RRP) rule regarding lead.
It applies anytime the contractor will be disturbing more
than 6 square feet of painted surface.
“First I have to inform the homeowner now that the
house may have lead,” Pompei said. “I have a lead test kit
A new bathroom by Chapman Homes
and I’ll take a diagonal cut through the bottom of a window
sill or door jamb to expose all the layers of paint. If it has
“We think this amounts to a 15 to 20 percent increase Quite apart from the issue of homeowners who opt to
lead, you’re [screwed]. We have to mask off the entire area
in our business cost,” he said. A project remodeling two do their own work, oblivious to the lead-dust danger, the
and we have to use a HEPA vacuum, which costs $1,200,
bathrooms for a duplex in Los Alamos had a price tag of current work situation for remodel contractors involves
and all my guys have to wear Hazmat suits.”
$46,200. Of that figure, $6,800 was for lead abatement. several other challenges. More custom-home contractors
The RRP certification costs $700, and the fine for
“Pre-1978. That’s all of Casa Solana, all of Casa Alegre. are doing remodeling to make up work lost on the housing
noncompliance is $32,000.
This is my bread and butter,” Pompei said. downturn. They might not understand the importance of
business. What we have seen it in is our environment,” Poulin said. “We also have
home addition business, Poulin Design a line of walk-in bathtubs that we can
Remodeling. That has not come back substitute for your old tub.”
since 2008.” Interested homeowners will find a
The average price for bathroom wealth of remodeling resources at the
projects has come down a little, which he website of the National Association of
attributes to people being more frugal. Home Builders. Check out nahb.org to
ReBath is a Certified Aging in Place explore design, colors, cabinets, energy
Specialist. “One thing we offer is a efficiency, financing, and other aspects of
bathtub-to-shower conversion with a remodeling.
NATIONAL ASSOCIATION OF HOME BUILDERS seat and grab bars for a safe bathing
Socialnetworking
online at
www.dresf.com
H OME MAR CH 2 0 11 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 M A R C H 2011 HO M E
T
Properties’ Fourth Quarter 2010 Market months it would take to absorb the existing Chen of Moody’s Analytics saying that
here are a bunch of indications that
Report: “Compared to the heady market inventory of homes on the market. His home prices or values might not regain
the real-estate market is recovering,
of a few years ago home sales are slow, mid-February post to Alan Ball’s Santa the 2005/2006 peak until 2021, or in some
but of course after two years of painful belt-
but they are steady... Market forces have Fe Real Estate Blog shows that the high cases until 2030, or longer.
tightening, the slightest improvements feel
reached equilibrium in Santa Fe. Sales in the absorption rate for homes in all Warren Sacks, vice president at Barker
like bliss.
activity in homes has settled in at a new price ranges was about 23 months in the Real Estate, said, “Believe it or not, January
Following is a sampling of voices on the
level with about half the number of sales in summer of 2009 — that is, it took nearly had the most residential units go under
issues; their information in general spells
2009 and 2010 as there were at the peak in two years for a home to sell. The figure was contract in Santa Fe County in the last five
c a u t i o u s o p t i m i s m.
2005 and 2006. at between 18 and 21 months most of the months. I think with rates increasing and
“The year [2010] ended on a good note
“The average home sale price is down time since, but it had dwindled to about 15 with buyers being on the fence for so long,
with December sales coming in stronger
from about $475,000 to $390,000 in the in December and January. That’s the most they’re just tired of deferring life, as it were,
than a year ago,” said Jonnalyn Grover,
same years... On the street level, Realtors positive indicator since 2007. and they’re deciding it’s time to purchase.
managing broker of Coldwell Banker
feel that buyers who have been on the Toward the end of February, Julee It is interesting that our luxury market,
Trails West Realty, in early January.
sidelines are making their moves.” Brooke of Sotheby’s International Realty, that part over $800,000, has seen a lot of
“Absorption rate is also up 1.5 percent,
During the downturn, Alan Ball of who works both in Taos and Santa Fe, activity.
a really good sign that more buyers are
Peters & Associates Real Estate has said business “has been slower but it has “It’s looks like inventory is slightly
getting into the market.”
just recently been picking up, because decreasing, but it always does this time of
prices are coming down and interest rates year. People put their homes on market
Santa Fe 2010 1st quarter 2nd quarter 3rd quarter 4th quarter
are still low. Both sellers and buyers are
more realistic by now, and more people
in the spring. We are seeing a lot of bank
product being absorbed, no question.”
home-sale stats
2010 2010 2010 2010
Homes sold/ Homes sold/ Homes sold/ Homes sold/ are getting off the fence and looking for a After the big drop, perhaps the market
median price median price median price median price
home. I think that’s what’s been shown in has leveled off at a new, lower plateau, and
DETACHED SINGLE-FAMILY HOMES
the last couple of months. this will be “the new normal.”
City northeast 23 16 31 11
$675,000 $813,500 $670,000 $697,000
“In Taos, prices in the lower to mid “It’s not the most popular answer,
City northwest 7 12 9 9 ranges have been a little behind Santa Fe but that’s the truth,” Sacks responded.
$387,000 $371,500 $400,000 $417,500 but they have recently adjusted. There “We’re going to return to traditional
City southeast 23 33 36 34
$430,000 $432,250 $462,125 $459,207 are some really good deals and there are homeownership, what we saw from 1950
City southwest 57 89 69 60 some banks that are offering good deals. In to 2000. People will be buying to raise a
$203,000 $239,950 $219,000 $219,000
Santa Fe, we’ve had 15 sales of homes at $1 family and you won’t see so much of the
City total 110 150 145 114
$464,000 $288,000 $318,000 $297,000 million-plus, compared to nine last year, greed that propelled the market from 2000
County north (Tesuque, Pojoaque) 2 12 8 5 so we’ve seen more activity on higher end. to 2005 with all the investors and second-
$179,500 $548,250 $480,000 $605,000
I know just in the ski valley there was a lot home owners.”
County northwest 20 36 26 32
$645,000 $550,000 $742,500 $677,500 on the market a few months ago and now He predicted that in 2011, the number
County southeast 46 65 22 46 there are just a handful of properties on the of transactions will be about the same as
(including Eldorado) $387,750 $409,500 $354,500 $371,750
Eldorado 22 30 20 23
market below $500,000.” in 2010. “I think values will fall another 5
$317,000 $339,000 $354,500 $320,000 One of the bottom-line questions is percent. I have more hope for the future,
County southwest 27 36 31 30
$248,698 $264,030 $340,000 $260,082
whether homebuying activity, and home meaning that I think we’re starting to level
County total 95 149 87 113 appreciation, will come back to the levels off.”
$318,224 $411,250 $389,000 $420,000 seen before the subprime-mortgage crisis During a January breakfast meeting
City/county total 205 299 232 227
$390,500 $345,000 $354,500 $340,000 and the failures of Bear Stearns, Lehman during which the Santa Fe Association of
CONDOMINIUMS/TOWNHOMES Brothers, and AIG in 2007-2008. Realtors released sales statistics from the
City 57 54 73 70 “I think someday it will be back where fourth quarter of 2010, SFAR president
$286,500 $238,500 $260,000 $225,000 it was,” Brooke said. “It’s still a good Jo Anne Vigil Coppler said there was “no
County north 2 2 3 6
$485,000 $770,000 $327,000 $677,500
investment overall, as long as you’re earth-shattering news” to report. There
County south 3 2 0 0 planning to stay in the home. That means were 509 homes sold in 2009 and 527
$235,000 $298,000 — — buying smart, and I think most people are sold in 2010 in the city of Santa Fe; in the
Total 62 58 76 76
(includes Los Alamos, Espanola) $286,500 $238,500 $265,000 $232,500 buying smart. The market was really low county, it was a similar small increase: from
DUPLEX/X-PLEX in the ‘80s and those people who held on 457 in 2009 to 475 last year.
City & County 4 2 0 2
are still very comfortable, as long as they Vigil Coppler opined that the market
$170,000 $127,500 — $259,750 didn’t take all their money out in home will not go back to what it was in 2005 and
MOBILE HOMES equity loans. They’re very happy with their 2006, and that “we’re now getting more
City & County 3 7 3 7 investments, and I think that will be the into reality... We’re still in a recovery mode
$80,000 $110,000 $189,000 $115,000 case again. and who knows? This may be where we’ll
DATA SOURCE: SANTA FE ASSOCIATION OF REALTORS.
HomeequityAdvantage
32 M A R C H 2011 HO M E
Unit #677 | Asking $995,000 | MLS #201004093 Unit #115 | Asking $395,000 | MLS #201003025 Unit #641 | Asking $699,000 | MLS #201004359
4 bed, 4 bath | Approx 2,800 sq. ft. 2 bed, 2 bath | Approx. 1,279 sq. ft. 2 bed, den, 2 bath | Approx. 1,815 sq. ft.
Michael D'Alfonso
(505) 670-8201 | michael@ddsantaferealestate.com
Stephanie Duran
(505) 204-2491 | stephanie@ddsantaferealestate.com
“We would love to apply for the job of selling your home!”
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144 Gonzales Rd. #9 | $389,000 3524 Via Brisa Rd. | $375,000 1433 Upper Canyon | $1,699,000 201 Double Arrow Rd | $998,000
MLS #201006512 MLS #201006525 MLS #201000619 MLS #201000408
www.ddsantaferealestate.com
36 M A R C H 2011 HO M E
2038 Kiva Road Great Price Reduction on this charming 1,809 Sq/Ft Stamm house, in Casa 432 Camino del monte Sol Charming, updated adobe home with 2 Bedrooms and 2
Alegre, features 4 Bedrooms and 1 3/4 Baths. Situated on a large lot, the home has been very Baths. The 1,475 Sq/Ft home has a wonderful country kitchen with colored concrete and tile
well maintained and has vigas, a kiva fireplace in the living room, carpet, tile & vinyl floors. Con- counters, stainless appliances, an atrium style dining area, living room, 3 fireplaces, plus a single
veniently located near shopping and schools. Ready for you to move in or update to your liking. car garage. The enclosed courtyards are adorned with flagstone walkways and colorful plantings.
Close to Canyon Road, galleries, restaurants and hiking trails.
mlS #201005535 now offered at $230,000
Listed by Clara L. Dougherty - 690-0471 mlS #201000467 $725,000 $625,000
Listed by Clara L. Dougherty, 690-0471
www.dresf.com
. GREAT LISTINGS . VIRTUAL TOURS . SANTA FE STATISTICS . MULTIPLE PHOTOS . BROCHURES . AND MORE!
Wm.
Wm David
. D Dougherty,
a v i d D oBroker
u g h .eClara
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l e x a n.dPam
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O f f i c e Office
M a nManager
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H OME MAR CH 2 0 11 39
I
By Paul Weideman
f you were to look at the Manuel
Lujan Sr. Building on the corner of
Alta Vista Street and St. Francis Drive
from the sky, you would see that it is
square. Or, in architect Laura Chancellor’s
words, “exquisitely symmetrical.”
The volume of the 1974 building is
apportioned at 27,500 square feet on the
ground level and 27,000 on the second
floor, yielding a slight but satisfying
impression of weightiness at the earth.
In fact, it looks a little like a truncated
pyramid.
That’s no coincidence. Roy Woods said
the building’s architect, Ted Luna, once told
him he had returned from Central America
and was influenced by ancient religious
structures he had seen there.
The aspect of symmetry in the Lujan
building is accentuated by the fenestration
pattern: the windows — each one 54 inches
high and 24 wide and placed within a
scooped cutout in the rusticated-concrete
exterior — are placed rhythmically every
five feet around the building perimeter at
both the first- and second-floor levels.
“Driving by, we thought it was an ugly
building,” Chancellor said, “but then as we
got to know it, it has a lot of grace.”
A member of the team at Conron & PHOTOS BY PAUL WEIDEMAN
FromtheDirector
Grant received for ethics course
The Santa Fe Association of Realtors During the last two decades, its role has implementing the code of ethics through
(SFAR) prides itself on offering courses evolved to supporting a broad base of arbitration to resolve commission
that support Realtors’ educational goals education opportunities. Contributions to disputes and conducting ethics hearings.
and I’m delighted to share that we have the foundation are tax-deductible and can SFAR’s Grievance Committee, which
recently been awarded a $5,500 grant be made in various ways, including a real- determines if a violation has occurred,
from the Stanley H. Mathis Foundation estate donation, personal property, cash is chaired by Kurt Hill affiliated with
to help underwrite a “Business Ethics for donations or gifts in kind. Adobes & Dirt, LLC.
Business People” course. Ethics is an important component of Other SFAR committee heads for 2011
The course, which counts toward any business and particularly those that are Charles Smith, PreVue Property
a National Association of Realtors involve relationships. The Realtor Code of Inspections, chairing the Affiliates
quadrennial ethics requirement, takes Ethics is a dynamic, living document that Committee; Baro Shalizi, Shalizi Real
place at the 2012 Realtors Association guides members’ professional activities Estate, heading up the Bylaws Committee; DONNA REYNOLDS
of New Mexico Annual Leadership and and relationships with other practitioners. Pam Ostrowski with Professional Asset
Legislative Conference hosted in Santa The code assures the public that Management chairing Commercial Sotheby’s International Realty offering
Fe. The funds will allow the association Realtors will not deny any person equal Council; Cate Adams, Sotheby’s her leadership to the Multiple Listing
to reduce the cost of the course to professional services based on race, color, International, offering leadership for Service Committee; Caroline Russell,
participants; the foundation will provide religion, sex, handicap, familial status, or the Community Services Committee; 2010 Realtor of the Year and affiliated
three travel scholarships for Realtors natural origin. In 2010, it was amended Marc Martin, Stewart Title, serving with Sotheby’s, chairing the Realtor of
traveling to Santa Fe from other parts of to add no discrimination on the basis of as Education Committee chairman; the Year Committee; Lois Sury, Sotheby’s,
the state. sexual orientation. Two other changes Coleen Dearing with Coldwell Banker serving as Realtor Political Action
Established in 1975, the Stanley focused on how Realtors cooperate with Trails West chairing the Government Committee Chair; and Paul McDonald of
H. Mathis Foundation is a nonprofit brokers to promote clients’ interests, Affairs Committee; Susan Harris, Susan Sotheby’s chairing our newest board, the
organization devoted to fostering high- and how Realtors apply the code to the Harris Realty, leading the International Technology Committee.
quality educational opportunities for Internet and mobile technology. Council; Patrick Coe with Prudential
New Mexico Realtors. The foundation The SFAR Professional Standards Real Estate serving as Marketing Donna M. Reynolds is chief executive of the
began by offering courses on a wide range Committee is chaired this year by David Committee chair; Denise DeValle, Varela Santa Fe Association of Realtors. Contact
of topics, including New Mexico real Barker, Barker Realty. David has led the Real Estate, chairing the Membership her at 982-8385 or donna@sfar.com.
estate law, agency, and the code of ethics. committee in the past, with the mission of Committee; Melissa Pippin-Carson with
6539 SOUTH RICHARDS AVENUE $379,000 34 ALTURA ROAD $314,000 4159 MIDNIGHT OWL $246,000
Priced reduced from $399,000 to $379,000 by motivated Santa Fe Style personified in Eldorado with beamed ceilings Beautiful 3BR, 2BA, 1,457 sq ft home on a quiet street.
sellers! This 3BR, 2BA, 2,353 sq ft, Luminaria home in Rancho and Saltillo tile flooring throughout, Talavera tile in kitchen and Numerous upgrades. Welcoming tiled entrance area, open
Viejo shows beautifully, has $50,000 in upgrades (including 2 bathrooms, kiva fireplace in living room, custom carved interior concept living room/dining room/kitchen with a high ceiling and
landscaped courtyards) and has outstanding Sangre de Cristo doors. Split 3BR, 2BA plan, 2,069 sq ft built in 1996 with radiant lots of light. Large lot with a terraced rose garden and a 2-car
and Jemez Mountain views. MLS# 201005436 heat. Huge entry courtyard. Large, newer deck. Great south finished garage. NEW LOW PRICE. MLS# 201006178
and west views. Re-stuccoed in 2007. MLS# 201004837
PARK PLAZAS
2962 PLAZA BLANCA $239,000
Beautiful 2BR, 2BA, 1-level, 1,330 sq ft
townhouse. Remodeled kitchen and
bathrooms, open living room/dining room
floor plan, wood burning fireplace,
French doors in dining area which lead to
a new deck with Ramada. Walking trails,
tennis courts and convenient location to
shopping. MLS# 201005897
MARY ARNOLD KENT JONES
505.577.5446 505.670.2262
mary.arnold@sothebyshomes.com www.EldoradoAreaRealEstate.com kent.jones@sothebyshomes.com
326 Grant Avenue • 505.988.2533 www.santafesir.com • www.sothebyshomes.com/santafe 231 Washington Avenue • 505.988.8088
*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.
954 Cerro de La Paz $4,500,000 680 Garcia Street $1,800,000 624 East Alameda, #6 $895,000 23 Bishops Dome Road $850,000
Made of Rastra block by preeminent builder Classic Santa Fe Style in the historic Spacious and beautiful three bedroom, three Striking single-level Contemporary home
Doug McDowell this residence boasts Eastside. Comprised of a rambling 5,600 sq bath home with enclosed backyard, 2-car on 2 plus acres. Wonderful western views,
superb finishes, 11 fireplaces, dual master ft, 4BR, 5BA adobe residence with a huge garage, and walled front courtyard with Rastra construction, 4 fireplaces; master
baths, and a fabulous kitchen, with a guest great room, comfortable family room, five fireplace. Lovely private compound with bath has exercise area, Kohler spa
casita and a gorgeous swimming pool all on fireplaces, and a fabulous portal on a great landscaping and its own gate onto shower, 34-inch deep jetted soaking tub
12.5 acres near the Plaza with stunning beautiful one acre parcel. Includes an indoor Canyon Road. 624EastAlameda.com and bidet. 23BishopsDome.com
views. 954CerroDeLaPaz.com swimming pool. 680GarciaStreet.com
KATHERINE BLAGDEN
Direct: 505.955.7980 Cell: 505.490.2400 KATHY ABELES RICHARD SCHOEGLER
katherine.blagden@sothebyshomes.com 505.470.3720 505.577.5112
44 M A R C H 2011 HO M E
Mortgagematters
History repeats itself... over and over
After several years of new and ever- 5. The new good faith estimate is preserved. Mortgage brokers are alive and
changing federal and state regulations now three pages and more difficult to well, and an important resource.
affecting the mortgage business, have understand. Loan officers must explain What entities have shaped these
those aspiring to buy a home been the estimated disclosed costs in much changes in the mortgage business? The
aided or hampered? Beginning with the greater detail. Federal Reserve, of course, the New
infamous subprime mortgage meltdown, 6. Income requirements instituted Mexico legislative branch that has pasted
new regulations, primarily aimed at the by Fannie, Freddie and FHA are more a new loan officer license act and a
loan origination process, are close to conservative, as was the case 20 years ago. mortgage company act and the federal
completion. And what do we have? A few It appears that all new requirements legislative branch of Congress that is
of the good, the bad and the ugly: for any loan officer are headed toward working on the Dodd/Frank Bill (a 1,000-
1. As of June 2010, state and federal a common set of requirements. This is, plus page bill ). These powerful entities
licensing is required for all mortgage of course, fair, best for the homebuying will continue to massage the mortgage JIM GAY
loan officers. Loan officers at banks were public, and the way it has been for the last process for some time and offer some
originally exempt from the requirement 20-plus years. additional safeguards for the public. All bank, disclosures are vast and paperwork
but now it appears they will be studying This is an interesting twist for the loan good and the way our system works. is massive. As it has always been, be
for these licensing tests. officer at a mortgage brokerage company. Again, after all is said and done, advised, and select a loan originator with
2. A federal registry, NMLS, is now After two years of threats that brokers after all the discussion and legislation, years of experience and a solid reputation
available for consumers to verify that would fall by the wayside, that the role history is repeating itself in the form of if you want the experience of a successful
loan officers are licensed and current on of the broker would disappear due to requirements for the loan originator and loan closing.
licensing requirements. restrictions placed on their income, that the consumer that are very similar to
3. Continuing education is now brokers would be named the culprits of years prior to 2008. And the bottom line Jim Gay was a real-estate broker for more
required for loan officers. the mortgage meltdown and that serious for you is still whether you trust your loan than 20 years and has been a consultant to
4. Homebuyers are faced with increased buyers better move toward banks for their officer to dot all the i’s and cross all the t’s. Fortune 500 companies. He is currently senior
disclosures for all purchase or refinance loans, it now appears that this important Whether your loan originator represents loan officer at Home Buyers Mortgage (505-
loans. place in the mortgage business will be a brokerage company, a direct lender or a 986-9080) in Santa Fe.
50 M A R C H 2011 HO M 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
SantaFeProperties.com SantaFe.com ChristiesRealEstate.com
Christie’s International Real Estate is the only real estate network wholly owned by a fine art auction house. The network is uniquely positioned to follow
the footprint of its parent company, Christie’s, into the growing markets of the Middle East, Russia, and China, as well as established economies across
the world, most notably north and south america and Europe. The new name further underscores that the values that distinguish Christie’s—commitment,
expertise, integrity, discretion, and five-star customer service—are likewise embedded in the company’s luxury residential property specialists.
“We are excited about the name change to Christie’s International Real Estate,” says Liz Cale, Chief Operations Officer of
santa Fe Properties. “As the exclusive affiliate of Christie’s International Real Estate in Santa Fe, we anticipate an exponential
increase in global visibility due to increased ties between Christie’s art and real estate businesses.”
In conjunction with the name change, CIRE rolled out their newly enhanced web site.
Take a few moments to browse some of the world’s most prestigious properties.
www.ChristiesRealEstate.com