2051 Springfield Ln Farmington, NM 87401
Estimated Value: $223,206
5
Acres
$44,641
Price per Acre
217,800
Sq Ft Lot
Highlights
- Partially Wooded Lot
- Cul-De-Sac
- Level Lot
About This Lot
As of October 2019Don't miss the chance to own this great 5 acre irrigated lot in town! Hidden away and private, yet in the middle of town. Near the river, parks, shopping and schools. Irrigated (per seller). Old domestic well on property that seller hasn't used. Buyer to satisfy themselves on irrigation, well water availability and condition.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,349
Lot Details
- 5 Acre Lot
- Cul-De-Sac
- Barbed Wire
- Level Lot
- Cleared Lot
- Partially Wooded Lot
- Property is zoned Rural/Agriculture
Utilities
- Septic Type Unknown
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2021
Sold by
Woolsey Luke T and Woolsey Tracie R
Bought by
Martinez Albert V
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,593
Outstanding Balance
$93,813
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$129,393
Purchase Details
Listed on
Oct 15, 2019
Closed on
Oct 10, 2019
Sold by
Shelby Sharon
Bought by
Woolsey Luke T and Woolsey Tracie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$88,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Albert V | -- | None Available | |
| Woolsey Luke T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Albert V | $111,593 | |
| Previous Owner | Woolsey Luke T | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2019 10/15/19 | Sold | -- | -- | -- |
Source: San Juan County Board of REALTORS®
Tax History Compared to Growth
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 | $1,349 | $50,000 | $0 | $0 |
| 2023 | $1,349 | $50,000 | $0 | $0 |
| 2022 | $1,358 | $50,000 | $0 | $0 |
| 2021 | $23 | $833 | $0 | $0 |
| 2020 | $1,018 | $37,500 | $0 | $0 |
| 2019 | $23 | $833 | $0 | $0 |
| 2018 | $23 | $833 | $0 | $0 |
| 2017 | $23 | $833 | $0 | $0 |
| 2016 | $48 | $833 | $0 | $0 |
| 2015 | $23 | $833 | $0 | $0 |
| 2014 | $23 | $833 | $0 | $0 |
Source: Public Records
Map
Source: San Juan County Board of REALTORS®
MLS Number: 19-76
APN: 0035246
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