NOT LISTED FOR SALE

503 N Wall Ave Farmington, NM 87401

Estimated Value: $209,000 - $259,000

-- Bed
3 Baths
2,146 Sq Ft
$106/Sq Ft Est. Value

Last Sold November 22, 2021

Current estimated payment $1,243/month

About This Home

As of November 2021

Investor Alert! Do not miss out on this triplex apartment complex that can be rented out immediately. Unit A is a one bedroom one bathroom unit. Unit B is a 2 bedroom 1 bathroom unit. Unit B also has fresh paint and beautiful hardwood floors that are easy to take care of and will hold up to high traffic. Unit C is a stand alone unit with 1 bedroom and 1 bathroom. Unit C has been meticulously maintained and is currently rented out. All units have washing machine hookups. All units have individual gas and electric meters and the complex is xeriscaped and very well maintained. Do not miss out on this investment opportunity! 24 hour notice before showing.

Last Agent to Sell the Property

Marion Daniell

Real Estate PROS License #49908 Listed on: 11/22/2021

Co-Listed By

Thomas Daniell

Real Estate PROS License #51039

Last Buyer's Agent

Jennifer Wood

Real Estate PROS License #46878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,037

Lot Details

  • 7,841

Home Design

  • Duplex

Interior Spaces

  • 3 Full Bathrooms
  • 1-Story Property

Schools

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

Community Details

  • Hayes Addition Subdivision

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,037

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Marion L Daniell
  • 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: jgarcia
  • Selling Office Short Id: 129rep
  • FILLSUBDIVISION: Hayes addition
  • Property Sub Type: Duplex, Triplex
  • UtilSvcInclRent: Sewer, Water
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Basement Bathrooms: 3.00

Utilities

  • Water and Sewer: City Sewer, City Water

Schools

  • School District: 2001 to 2200
  • Elementary School: McKinley Elementary
  • High School: Farmington High School
  • Middle School: Tibbetts Middle School

Lot Info

  • Lot Size: .182
  • Zoning: Multi-Fam Med Dens

Multi Family

  • Number Of1 Bedroom Units: 2.00
  • Number Of2 Bedroom Units: 1.00
  • Total Full Baths: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Nivri Properties Llc
Bought by
Irvin Revocable Trust and Irvin
Current Estimated Value
$211,293

Purchase Details

Closed on
Sep 26, 2022
Sold by
Irvin Matthew William and Irvin Krystle Danielle
Bought by
Nivri Properties Llc

Purchase Details

Listed on
Nov 22, 2021
Closed on
Nov 22, 2021
Sold by
Loleit Jim and Loleit Jeri
Bought by
Loleit Jim and Loleit Jeri
Seller's Agent
Marion Daniell
Real Estate PROS
Buyer's Agent
Jennifer Wood
Real Estate PROS

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$153,750
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2021
Closed on
Nov 17, 2021
Sold by
Loleit Joanne and Loleit Jim
Bought by
Irvin Matthew William and Irvin Krystle Danielle
Seller's Agent
Marion Daniell
Real Estate PROS
Buyer's Agent
Jennifer Wood
Real Estate PROS

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2021
Sold by
Bayless Martin
Bought by
Pacheco Kenneth and Pacheco Barbara

Purchase Details

Closed on
Aug 14, 2009
Sold by
Gathings D Rusch and Gathings Desiree
Bought by
San Juan County

Purchase Details

Closed on
Jan 22, 1992
Sold by
Black T J
Bought by
Roberts Dewayne A and Roberts Joanne L

Purchase Details

Closed on
Aug 15, 1990
Sold by
Thompson Thomas A and Thompson Evelyn D
Bought by
Loleit Jim
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
Irvin Revocable Trust -- None Listed On Document
Nivri Properties Llc -- None Listed On Document
Loleit Jim -- None Available
Irvin Matthew William -- None Available
Owens Gregory -- None Available
Pacheco Kenneth -- None Available
San Juan County -- None Available
Roberts Dewayne A -- None Available
Loleit Jim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irvin Matthew William $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 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 $1,037 $43,628 $0 $0
2023 $1,037 $42,358 $0 $0
2022 $989 $41,124 $0 $0
2021 $907 $38,047 $0 $0
2020 $913 $38,385 $0 $0
2019 $882 $37,268 $0 $0
2018 $841 $35,128 $0 $0
2017 $806 $34,105 $0 $0
2016 $779 $33,112 $0 $0
2015 $766 $33,112 $0 $0
2014 $721 $31,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 21-1481

APN: 0030493