NOT LISTED FOR SALE

301 N Orchard Ave Farmington, NM 87401

Estimated Value: $260,000 - $795,000

-- Bed
14 Baths
5,581 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 01, 2017

Current estimated payment $3,042/month

About This Home

As of March 2017

14 UNIT APARTMENT COMPLEX PRICED TO SELL! Well maintained complex in convenient Farmington neighborhood. 2 buildings: 1 single story with 7 units and a 2 story with 7 units. Historically, occupancy rates over 90%. Gross Monthly Rent $8100.00 at full occupancy. Recent capital improvements, off street parking and a courtyard for tenants make this a great investment opportunity!

Last Agent to Sell the Property

Leslie Granger

Coldwell Banker Cornerstone License #40837 Listed on: 03/01/2017

Coldwell Banker Cornerstone

Co-Listed By

Randall Granger

Coldwell Banker Cornerstone License #42649

Last Buyer's Agent

Darin Cahoon

RE/MAX of Farmington License #47191

RE/MAX of Farmington

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,635

Lot Details

  • 0.28

Home Design

  • Frame Construction
  • Built-Up Roof

Interior Spaces

  • 14 Full Bathrooms
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range

Schools

  • Apache Elementary School
  • Tibbetts Middle School
  • Farmington High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Gas

Community Details

  • 14 Units
  • Hunter's Addition Subdivision

Listing and Financial Details

  • Rent includes electric, gas, lawn services, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,635

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: No
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Leslie A Granger
  • Listing Office Short Id: 124
  • Number Of Stories: One, Two
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 8585
  • FILLSUBDIVISION: Hunter's Addition
  • Property Sub Type: Apartment Building Complex
  • Type of Tenancy: Month - Month
  • UtilSvcInclRent: Electric, Gas, Lawn Services, Sewer, Trash Collection, Water
  • Special Features: None

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Basement Bathrooms: 14.00
  • Updated Floor: Crawl Space
  • Unit Features: Common Outside Entry

Exterior Features

  • Exterior Construction: Frame/Stucco
  • Roof: Asphalt built-up

Utilities

  • Cooling: Evaporative Window
  • Heating: Gas
  • Security: Smoke & Heat Detectr
  • Water and Sewer: City Water

Condo/Co-op/Association

  • Units in Building: 14

Schools

  • Elementary School: Apache Elementary
  • High School: Farmington High School
  • Middle School: Tibbetts Middle School

Lot Info

  • Lot Size: .2893
  • Zoning: Multi-Fam Low Dens

Multi Family

  • Number Of1 Bedroom Units: 13.00
  • Number Of2 Bedroom Units: 1.00
  • Total Full Baths: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Triple R Investments Llc
Bought by
Ogi Inc
Current Estimated Value
$504,952

Purchase Details

Listed on
Mar 1, 2017
Closed on
Feb 28, 2017
Sold by
Lemon Tree Llc
Bought by
M & H Holdings Llc
Seller's Agent
Leslie Granger
Coldwell Banker Cornerstone
Buyer's Agent
Darin Cahoon
RE/MAX of Farmington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.11%

Purchase Details

Closed on
Nov 3, 2016
Sold by
Aeby Katherine Marie
Bought by
Lemon Tree Llc

Purchase Details

Closed on
May 26, 2015
Sold by
Lemon Tree Llc
Bought by
Aeby Katherine M

Purchase Details

Closed on
Jun 24, 2011
Sold by
Shaw Creek Llc
Bought by
Lemon Tree Llc

Purchase Details

Closed on
Jan 18, 2007
Sold by
The Donahue Living Trust
Bought by
Shaw Creek Llc

Purchase Details

Closed on
Mar 7, 2005
Sold by
Shacklett Llc
Bought by
Donahue Sharon

Purchase Details

Closed on
Apr 30, 2002
Sold by
Evans Byron D
Bought by
Shacklett Llc
Source: Public Records

Range of Values:

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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
Ogi Inc -- None Listed On Document
M & H Holdings Llc -- None Available
Lemon Tree Llc -- None Available
Aeby Katherine M -- None Available
Lemon Tree Llc -- None Available
Shaw Creek Llc -- None Available
Donahue Sharon -- None Available
Shacklett Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2017 03/01/17 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 $4,635 $194,981 $0 $0
2023 $4,635 $153,019 $0 $0
2022 $3,571 $148,563 $0 $0
2021 $3,447 $144,543 $0 $0
2020 $3,366 $141,541 $0 $0
2019 $3,393 $143,374 $0 $0
2018 $3,392 $93,199 $0 $0
2017 $2,138 $93,199 $0 $0
2016 $2,128 $93,199 $0 $0
2015 $2,092 $93,199 $0 $0
2014 $2,045 $99,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 16-1850

APN: 0022811