$300,000
$15K PRICE DROP

2902 La Palma Place Farmington, NM 87401

Estimated payment $1,781/month

Total Views 18,985
3 Beds
2 Baths
1,518 Sq Ft
$198 Price per Sq Ft

Highlights

  • Very Popular Property
  • Mud Room
  • Double Pane Windows
  • Ranch Style House
  • 2 Car Attached Garage
  • 1-minute walk to Westland Dog Park

About This Home

''Palm Place'' Charming and well-maintained brick 3-bedroom, 2-bathroom home tucked away on a quiet cul-de-sac near river access in Farmington, NM—less than an hour from Durango, CO. Designed for easy living, the property features low-maintenance xeriscaping with mature shade trees and bushes. Inside, a welcoming foyer opens to a bright, open-concept living, dining, and kitchen area. The living room showcases a brick gas-log fireplace, ceiling fan, and French doors leading to a screened and covered back deck—perfect for indoor-outdoor living. The kitchen is equipped with a breakfast bar island, electric cooktop, raised oven, pantry, refrigerator with ice, reverse osmosis system, and a newer stainless-steel dishwasher. A chandelier-lit dining area provides an inviting space for meals and gatherings. The flexible floor plan includes a den/office that could easily be converted into a 4th bedroom. The primary suite offers comfort and functionality with a ceiling fan, dual closets, and an en suite bath featuring a tiled shower. Bedrooms two and three share a full bathroom with dual sinks and a tub. Additional highlights include a large laundry/mud room with cabinetry, a finished 2-car garage with storage and workbench, plus a 2-car carport ideal for a boat or RV. The property also features a shed, newer paint and flooring, water softener, and solar panels—buyers will assume the solar payments of only $135/mo with Federal Tax Credits available, which keep the monthly electric bill under $55/mo, even with HVAC use. This home blends charm, functionality, and efficiency, making it a rare find in a desirable location.

Listing Agent

Allen Elmore

eXp Realty, LLC Listed on: 09/04/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,495

Year Built

  • Built in 1978

Lot Details

  • 8,581 Sq Ft Lot
  • Back Yard Fenced
  • Brick Fence
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,518 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Mud Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 2078172159417

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,495

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Disposal, Range/Oven
  • Estimated Total Acres: 0.197
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping
  • Interior Inclusions: Ceiling Fan(s), Pantry
  • Legal Lot Block: WESTLAND PARK LOT 5 BLOCK 1 BK.1665 PG.668
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 2078172159417
  • Price Per Sq Ft: 197.63
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Brick
  • Street Descriptionaccess: City/Town
  • Street Designation: Place
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 2495.36
  • Year Built: 1978
  • Foreign Owned Y N: No
  • Prop Description Remarks: ''Palm Place'' Charming and well-maintained brick 3-bedroom, 2-bathroom home tucked away on a quiet cul-de-sac near river access in Farmington, NM—less than an hour from Durango, CO. Designed for easy living, the property features low-maintenance xeriscaping with mature shade trees and bushes. Inside, a welcoming foyer opens to a bright, open-concept living, dining, and kitchen area. The living room showcases a brick gas-log fireplace, ceiling fan, and French doors leading to a screened and covered back deck—perfect for indoor-outdoor living. The kitchen is equipped with a breakfast bar island, electric cooktop, raised oven, pantry, refrigerator with ice, reverse osmosis system, and a newer stainless-steel dishwasher. A chandelier-lit dining area provides an inviting space for meals and gatherings. The flexible floor plan includes a den/office that could easily be converted into a 4th bedroom. The primary suite offers comfort and functionality with a ceiling fan, dual closets, and an en suite bath featuring a tiled shower. Bedrooms two and three share a full bathroom with dual sinks and a tub. Additional highlights include a large laundry/mud room with cabinetry, a finished 2-car garage with storage and workbench, plus a 2-car carport ideal for a boat or RV. The property also features a shed, newer paint and flooring, water softener, and solar panels—buyers will assume the solar payments of only $135/mo with Federal Tax Credits available, which keep the monthly electric bill under $55/mo, even with HVAC use. This home blends charm, functionality, and efficiency, making it a rare find in a desirable location.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Estimated Total Sq Ft: 1518
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room, Den/Family Room, Gas Logs
  • Main Level Sq Ft: 1518
  • Master Bedroom Level: Main Level
  • Office Den Dimensions: 11.41 x 17.59
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back, Brick
  • Windows: Double Pane
  • Construction Type: Brick
  • Exterior Structures: Shed
  • Roof: Architectural Shingles

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Central A/C
  • Electric Supplier: City of Farmington
  • Gas Supplier: New Mexico Gas Company
  • Heating System: Forced Air
  • Sewer Supplier: City of Farmington
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Farmington

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: NM

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,464 $61,596 $0 $0
2023 $1,464 $59,802 $0 $0
2022 $1,396 $58,061 $0 $0
2021 $1,362 $57,104 $0 $0
2020 $1,350 $56,743 $0 $0
2019 $1,513 $63,928 $0 $0
2018 $1,486 $63,928 $0 $0
2017 $1,466 $63,928 $0 $0
2016 $1,460 $63,928 $0 $0
2015 $1,435 $63,928 $0 $0
2014 $1,408 $63,246 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Price Changed $300,000 -4.7% $198 / Sq Ft
09/03/2025 09/03/25 For Sale $314,900 -- $207 / Sq Ft
01/08/2021 01/08/21 Sold -- -- -- View Prior Sale
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,256 FHA
Source: Public Records

About the Listing Agent

Allen Elmore

eXp Realty, LLC

(505) 391-4854

Section Image

NOW SERVING NW NEW MEXICO AND SW COLORADO!

After 25 years in the advertising and marketing industry, Allen Elmore founded AE Properties Team, and has focused his efforts on helping people buy and sell property with one guiding principle: The Platinum Rule (Treat Others How THEY Want To Be Treated).

Allen has managed 3 weekly advertising publications, a women’s health magazine, a car magazine, and a marketing company that focused on political campaigns, branding campaigns, and

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Source: Colorado Real Estate Network (CREN)

MLS Number: 828215

Colorado Real Estate Network (CREN)

APN: 0025255