NOT LISTED FOR SALE

318 N Monterey Ave Farmington, NM 87401

Estimated Value: $252,699 - $311,000

-- Bed
3 Baths
1,806 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 20, 2021

Current estimated payment $1,555/month

Highlights

  • Separate Formal Living Room
  • 1-Story Property
  • Private Entrance
  • Storage
  • Combination Kitchen and Dining Room
  • Family Room

About This Home

As of October 2021

''Trifecta!'' This triplex is a winning bet! Updated and clean. Unit one is a vacant 1 bedroom 1 bath unit, with 2 living areas and a full kitchen. 1 living area can be converted into a bedroom. Fireplace. Original oak hardwood flooring. Full bath. Covered parking. Outdoor work area. Rents for $1000/mo. Unit two is an occupied 1 bedroom, 1 bath FURNISHED unit with an efficiency kitchen and 1 living area. Full Bath. Rents for $550/mo. Unit three is a vacant 2 bedroom FURNISHED unit with tile and laminate woof flooring throughout. Updated bath. Updated kitchen. Private courtyard. Workbench. Firepit. All units share a common shed for additional storage.

Last Agent to Sell the Property

Allen Elmore

EXP Realty, LLC License #53691 Listed on: 10/20/2021

EXP Realty, LLC

Last Buyer's Agent

Scott Hawkes

Real Estate PROS License #53887

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Lot Details

  • Private Entrance
  • Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1-Story Property
  • Furniture Available With House
  • Wood Burning Fireplace
  • Drapes & Rods
  • Family Room
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Parking

  • Carport
  • 1 Parking Space Included
  • On-Street Parking

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Hillcrest Addition Subdivision

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: No
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Allen Elmore
  • Listing Office Short Id: 129rep
  • Number Of Stories: One
  • Open House Office I D: 20180125174615488193000000
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: sHawkes
  • Selling Office Short Id: 129rep
  • FILLSUBDIVISION: HILLCREST ADDITION
  • Property Sub Type: Duplex, Triplex
  • Type of Tenancy: Negotiable
  • UtilSvcInclRent: Electric, Gas, Sewer, Trash Collection, Water
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven/Range, Refrigerator
  • Basement Bathrooms: 3.00
  • Updated Floor: Crawl Space
  • Unit Features: Drapes, Extra Storage, Family Room, Fenced Area, Formal Living Room, Furniture, Kitchen/Dining Combo, Pvt Outside Entry, Unfurnished/Some, Wood Burning FP

Exterior Features

  • Property Condition: Good
  • Exterior Construction: Frame/Stucco
  • Roof: Compsition (Asp/Shg)

Garage/Parking

  • Parking: Carport, Street Parking

Utilities

  • Cooling: Refrigerated Window
  • Heating: Gas
  • Security: Dead Bolts
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 3

Schools

  • School District: 1801 to 2000
  • Elementary School: McKinley Elementary
  • High School: Farmington High School
  • Middle School: Tibbetts Middle School

Lot Info

  • Lot Size: 0.158 Acres
  • Zoning: Multi-Fam Low Dens

Multi Family

  • Number Of1 Bedroom Units: 2.00
  • Number Of2 Bedroom Units: 1.00
  • Parking Per Unit: One
  • Total Full Baths: 3

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Oct 20, 2021
Sold by
Beckley Robert Don and Beckley Revocable Trust
Bought by
Nyquist Eric and Nyquist Lindsay
Seller's Agent
Allen Elmore
EXP Realty, LLC
Buyer's Agent
Scott Hawkes
Real Estate PROS
Current Estimated Value
$269,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.52%
Original Mortgage
$206,250
Outstanding Balance
$190,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,519
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
Nyquist Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyquist Eric $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 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 $1,398 $58,796 $0 $0
2023 $1,398 $57,084 $0 $0
2022 $1,332 $55,422 $0 $0
2021 $831 $34,852 $0 $0
2020 $805 $33,837 $0 $0
2019 $777 $32,851 $0 $0
2018 $742 $30,966 $0 $0
2017 $710 $30,064 $0 $0
2016 $687 $29,189 $0 $0
2015 $675 $29,189 $0 $0
2014 $615 $26,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 21-1114

APN: 0027223