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Susan Orth, REALTORŪ, real estate agent and broker for Santa Fe, Pojoaque, and Los Alamos New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

All agents are NOT alike! Find out why I am a Top Real Estate Expert. Call me today at: 877-581-6566.





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Neighborhoods: Santa Fe, Pojoaque, and Los Alamos New Mexico home buying, real estate listings, and homes for sale in Colfax                         County, NM
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When you walk into an original Stamm house, you feel at home. Typically, a Stamm has a solid wood front door, Kiva fireplace, vigas, and hardwood floors. These pueblo-style, single-story homes and their neighborhoods are a joy to experience. With generous yards and mature trees, they represent some of the best of Santa Fe style for modest prices.

Allen Stamm built close to 2,800 homes in the Santa Fe area from 1939 to 1980. After World War II, veterans were able to buy these homes for as little as $8,000.

An early Stamm had two bedrooms, one bath, living room, kitchen, one-car garage, a walled back yard and an open front yard. Over the years, as families grew, garages were converted to bedrooms, rooms were added on, and in some cases, second stories were added.

The best known Stamm neighborhoods are Casa Linda (Kaune neighborhood off Cerrillos Road at Monterey Drive), Casa Alegre (on both sides of Osage Avenue, sandwiched between Agua Fria Street and Cerrillos Road), and Casa Solana (west of St. Francis Drive and north of W. Alameda Street). These are neighborhoods where you can still buy a single family home in town with a yard for a reasonable price. Resale prices range from $200,000 to over $400,000.

The sizes and floor plans vary. Some homes are as small at 815 square feet, and are as charming as they can be. Others have undergone renovations and add-ons. The homes in Casa Solana are the largest, and the neighborhood provides easy access to St. Francis Drive for the commute to Los Alamos.

When homes do come up for sale, they sell fast. These are stable neighborhoods, without much turnover.

 

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Real Estate Tips
Tax Considerations >Taxpayer Relief

Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate. The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.

Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.

Consult your tax advisor for advice regarding your particular circumstance.

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Real Estate Trivia
Q 
What are the characteristics of classic Queen Anne architecture?

A 
Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes.
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Susan Orth, REALTORŪ, real estate agent and broker for Santa Fe, Pojoaque, and Los Alamos New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

Susan Orth
City Different Realty

1709 Paseo de Peralta
Santa Fe, NM 87501
Cell: 505-310-4133
Toll Free: 877-581-6566
Office: 505-983-1557
Email: SantaFe@SusanOrth.com

"I am passionate about my career and would love to go to work for you!" For over 20 years real estate has been my career. Contact me to be assured a smooth transaction; buying or selling. In addition to a BS degree in Psychology and an MBA, I have continued to enhance my real estate skills with education in many areas such as finance, marketing and technology, earning many professional designations from the National Association of Realtors. The Real Estate Industry has seen significant changes in the past several years, it is important to me to be on the leading edge of these changes. I take pride in my professionalism and in delivering excellent/personalized service to my clients. I would love to talk with you.

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