NOT LISTED FOR SALE

302 N Court Ave Farmington, NM 87401

Estimated Value: $176,000 - $216,173

-- Bed
2 Baths
1,323 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 31, 2024

Current estimated payment $1,125/month

1 Day on Market

Highlights

  • 1-Story Property
  • Refrigerated and Evaporative Cooling System
  • Family Room
  • Combination Kitchen and Dining Room

About This Home

As of January 2024

Great investment / income opportunity!! Property is located in the heart of Farmington. This duplex has a 2BR/1BA and a 1BR/1BA. It has a large lot, covered patio and fenced yard plus there has been updating done. Come and see it before it is gone. Unit A currently rents for $725 per month. Unit B has been left vacant for easy showings, was previously rented for $800 per month for several years, will increase to $825. Unit B has new flooring and has been freshly painted. Tenants pay all utilities. Owner is billed for water, sewer and sanitation but then bills tenants. Has double pane windows and pro-panel roof. Seller will make no repairs. Broker owned.

Last Agent to Sell the Property

Doug Pilling

Coldwell Banker Cornerstone License #15623 Listed on: 01/17/2024

Coldwell Banker Cornerstone

Last Buyer's Agent

Ben Lyons

RE/MAX of Farmington License #15098

RE/MAX of Farmington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $822

Lot Details

  • Property is in good condition

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Family Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Oven or Range
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces Included
  • On-Street Parking

Schools

  • Mckinley Elementary School
  • Tibbetts Middle School
  • Farmington High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Panels

Community Details

  • 2 Units
  • Court Ave Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$822

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Doug R Pilling
  • Listing Office Short Id: 124
  • Number Of Stories: One
  • Open House Office I D: 20060912174652184988000000
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: benjamin
  • Selling Office Short Id: 51
  • FILLSUBDIVISION: Court Ave
  • Property Sub Type: Duplex, Triplex
  • Type of Tenancy: One Year Lease
  • UtilSvcInclRent: None
  • Special Features: None

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Basement Bathrooms: 2.00
  • Updated Floor: Crawl Space
  • Unit Features: Family Room, Kitchen/Dining Combo, Washer/Dryer Hkups

Exterior Features

  • Property Condition: Good
  • Exterior Construction: Frame/Stucco
  • Roof: Metal

Garage/Parking

  • Parking: Street Parking

Utilities

  • Cooling: Evaporative Hall
  • Heating: Panel
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 2

Schools

  • School District: 1001 to 1400
  • Elementary School: McKinley Elementary
  • High School: Farmington High School
  • Middle School: Tibbetts Middle School

Lot Info

  • Lot Size: .21 +/- Acre
  • Zoning: Multi-Fam Low Dens

Multi Family

  • Number Of1 Bedroom Units: 1.00
  • Number Of2 Bedroom Units: 1.00
  • Parking Per Unit: Two
  • Total Full Baths: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jan 31, 2024
Sold by
Drp Investments Llc
Bought by
Duncan Steven Eric and Duncan Brittany
Seller's Agent
Doug Pilling
Coldwell Banker Cornerstone
Buyer's Agent
Ben Lyons
RE/MAX of Farmington
List Price
$185,000
Views
10
Current Estimated Value
$193,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Mar 31, 2023
Sold by
Foxwell Sandy
Bought by
Drp Investments 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
Duncan Steven Eric -- None Listed On Document
Drp Investments Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Steven Eric $133,000
Previous Owner Foxwell Sandy $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Off Market -- -- --
01/31/2024 01/31/24 Sold -- -- --
01/18/2024 01/18/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $185,000 -- $140 / Sq Ft
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 $822 $34,587 $0 $0
2023 $822 $18,319 $0 $0
2022 $428 $17,786 $0 $0
2021 $412 $17,267 $0 $0
2020 $399 $16,764 $0 $0
2019 $385 $16,277 $0 $0
2018 $367 $15,342 $0 $0
2017 $352 $14,896 $0 $0
2016 $340 $14,463 $0 $0
2015 $334 $14,463 $0 $0
2014 $315 $13,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Doug Pilling

    Coldwell Banker Cornerstone

    (877) 325-7788

    36 Total Sales

    Doug Pilling
    Section Image
  • Ben Lyons

    Buyer's Agent in 2024

    Ben Lyons

    RE/MAX

    (505) 486-4366

    245 Total Sales

    Ben Lyons
    Section Image
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Map

Source: San Juan County Board of REALTORS®

MLS Number: 24-76

APN: 0027460

New Mexico San Juan County Farmington 87401

302 N Court Ave, Farmington, NM

This home is located at 302 N Court Ave, Farmington, NM 87401 since 17 January 2024 and is currently estimated at $193,793, approximately $146 per square foot. 302 N Court Ave is a home located in San Juan County with nearby schools including McKinley Elementary School, Tibbetts Middle School, and Farmington High School.

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