2902 La Palma Place Farmington, NM 87401
Estimated payment $1,781/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,256 | FHA |
About the Listing Agent
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
Allen's Other Listings
Source: Colorado Real Estate Network (CREN)
MLS Number: 828215
APN: 0025255
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