NOT LISTED FOR SALE

127 Road 3950 Farmington, NM 87401

Estimated Value: $545,000 - $880,000

2.02 Acres
$313,969 Price per Acre
87,991 Sq Ft Lot

Last Sold February 28, 2022

Current estimated payment $3,339/month

About This Lot

As of February 2022

Come build your dream house on this 2 acre lot that peers at the San Juan Mountain range. To the south, is the BLM land so you have as much seclusion as you want. Water and electricity are already at the property with natural gas nearby. The covenance do not allow for a mobile home to be placed on the property. Call today for your private showing!

Last Agent to Sell the Property

Dave Dailey

San Juan Realty License #53774 Listed on: 02/28/2022

Last Buyer's Agent

Elizabeth Lockmiller

American Dream Realty License #14834

Property Details

Property Type

  • Land

Lot Details

  • 2.02 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Desert Landscape
  • Property is zoned Residential Estate 1

Schools

  • Esperanza Elementary School
  • Mesa View Middle School
  • Piedra Vista High School

Utilities

  • Sewer Not Available

Community Details

  • Morningstar Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • FloodZoneA: No
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Dave Dailey
  • Listing Office Short Id: exprealty
  • PendingForeclosure: No
  • Prop. Type: Land
  • Selling Member Short Id: highpoint
  • FILLSUBDIVISION: Morningstar
  • Property Sub Type: Acreage: Up to 5 Acres
  • ImprWHouseMobile: No
  • RestrictionAndEasement: Site Built
  • Special Features: None

Exterior Features

  • Number of Acres: 2.02
  • Road Frontage: County
  • Fencing: Barbed Wire
  • Price Per Acre: 27500.00

Utilities

  • Utilities: Connection Fees May Apply, On Site
  • Sewer: None
  • Hot Water: Comm Water System

Schools

  • Elementary School: Esperanza Elementary
  • High School: Piedra Vista High
  • Middle School: Mesa View Middle School

Lot Info

  • Lot Size: 2.02
  • Zoning: Residential Estate 1
  • Lot Features Topography: Desert

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Martinez Darrell and Martinez Michaela
Bought by
Vigil Jerry
Current Estimated Value
$634,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$494,696
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$139,521

Purchase Details

Listed on
Feb 28, 2022
Closed on
Feb 28, 2022
Sold by
Douglas P Johnson Trust
Bought by
Martinez Darrell and Martinez Michaela
Seller's Agent
Dave Dailey
San Juan Realty
Buyer's Agent
Elizabeth Lockmiller
American Dream Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.18%

Purchase Details

Closed on
Feb 25, 2017
Sold by
Roberts Jerry E and Bell Jessica L
Bought by
Bandy Jarrod L and Bandy Jennifer

Purchase Details

Closed on
Jun 23, 2013
Sold by
Johnson Douglas P
Bought by
Johnson Douglas P and Douglas P Johnson Trust

Purchase Details

Closed on
Jul 6, 2010
Sold by
Tsukii Jun and Tsukuii Kyoko
Bought by
Johnson Douglas Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vigil Jerry -- None Listed On Document
Martinez Darrell -- None Listed On Document
Bandy Jarrod L -- None Available
Johnson Douglas P -- None Available
Johnson Douglas Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vigil Jerry $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold -- -- --
Source: San Juan County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $166,858 $0 $0
2023 $0 $161,999 $0 $0
2022 $374 $15,007 $0 $0
2021 $374 $15,007 $0 $0
2020 $374 $15,007 $0 $0
2019 $374 $15,007 $0 $0
2018 $374 $15,007 $0 $0
2017 $374 $15,007 $0 $0
2016 $373 $15,008 $0 $0
2015 $374 $15,008 $0 $0
2014 $374 $15,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 22-233

APN: 0054949