NOT LISTED FOR SALE

303 Phillips Rd Farmington, NM 87401

Estimated Value: $205,000 - $277,000

-- Bed
2 Baths
2,476 Sq Ft
$96/Sq Ft Est. Value

Last Sold February 26, 2021

Current estimated payment $1,339/month

Highlights

  • Forced Air Heating System
  • Concrete Flooring
  • Fenced
  • Refrigerated and Evaporative Cooling System
  • Property is in excellent condition

About This Home

As of February 2021

CHECK OUT THIS GREAT DUPLEX, one unit has 2 BR and 1 Bath, nicely updated and ready for a new tenant, other unit is a 3 BR, 1 bath, fenced backyards, close to W. Walmart and restaurants for fast food. Great for investors. 2 BR unit is vacant right now and on LB. ( No Seller's Disclosures, Estate)

Last Agent to Sell the Property

Elizabeth Tafoya

RE/MAX of Farmington License #17823 Listed on: 02/26/2021

RE/MAX of Farmington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,063

Lot Details

  • Fenced
  • Property is in excellent condition

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Concrete

Parking

  • Paved Parking
  • Off-Site Parking

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Phillips Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,063

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: No
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Elizabeth M Tafoya
  • Listing Office Short Id: 136
  • Number Of Stories: Two
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: heddin
  • FILLSUBDIVISION: PHILLIPS
  • Property Sub Type: Duplex, Triplex
  • Type of Tenancy: Month - Month
  • UtilSvcInclRent: Sewer, Trash Collection, Water
  • Special Features: None

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Basement Bathrooms: 2.00
  • Updated Floor: Slab
  • Unit Features: Carpets, Fenced Area, Washer/Dryer Hkups

Exterior Features

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

Garage/Parking

  • Parking: Off Site Parking, Paved Area

Utilities

  • Cooling: Evaporative Central
  • Heating: Forced Air, Gas
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 2

Schools

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

Lot Info

  • Lot Size: .24 ACRE
  • Zoning: Multi-Fam Low Dens

Multi Family

  • Number Of2 Bedroom Units: 1.00
  • Number Of 3 Bedroom Units: 1.00
  • Total Full Baths: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Feb 26, 2021
Sold by
Candelaria Elliott and Candelaria Revocable Trust
Bought by
Heddin Brent and Heddin Patricia
Seller's Agent
Elizabeth Tafoya
RE/MAX of Farmington
Current Estimated Value
$236,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$97,500
Outstanding Balance
$87,402
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$149,296
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heddin Brent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heddin Brent $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 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 $1,063 $43,774 $0 $0
2023 $1,041 $42,499 $0 $0
2022 $992 $41,261 $0 $0
2021 $953 $39,980 $0 $0
2020 $938 $39,439 $0 $0
2019 $831 $35,112 $0 $0
2018 $793 $33,123 $0 $0
2017 $760 $32,159 $0 $0
2016 $734 $31,222 $0 $0
2015 $722 $31,222 $0 $0
2014 $674 $29,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 20-1560

APN: 0021564