$398,888
SOLD APR 10, 2025
Last list price

5502 Lee Ln Farmington, NM 87402

4 Beds
3 Baths
2,018 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

7 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Fireplace
  • Country Club Elementary School Rated A-
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of April 2025

This house is waiting to be your new Home! 4 Bedrooms 3 bathrooms (2 Main bedrooms with ensuite bathrooms) Fabulous open floor plan on second level with Large Living room, Dining room and Kitchen with nice appliances and Breakfast bar! Lots of light and walk out to enjoy your covered porch overlooking your beautiful inground pool! This level also has full Hall bathroom for 2 nice bedrooms and a Main suite with ensuite bathroom. A few steps downstairs and you will find a large Laundry room with lots of storage and an extra large Main bedroom with Wood burning Fireplace, large ensuite bathroom, Sliding door to access back yard and patio, and Large walk in closet with gorgeous Closet organizer unit and French doors. Upgrades to this home include tile and laminate flooring along with newer freshly cleaned carpet, Corian window sills and counters, Brick wainscoting on the front of home, 2 car garage with shelving and garage door opener, sprinkler system front and back for landscaping, Refrigeration A/C, Gas heater, newer Water heater, French door refrigerator with water and ice maker. Newer dishwasher & Microwave and Electric stand alone range, carbon dioxide detector, and doggy door complete the home. The inground pool is a luxury during the summer. Enjoy the summer days and nights in your private back yard with plenty of room for entertaining by the pool! Pool supplies included, Shed for storage.

Last Agent to Sell the Property

Rick Mace

Coldwell Banker Cornerstone License #45809 Listed on: 03/04/2025

Coldwell Banker Cornerstone

Last Buyer's Agent

Maureen O'leary

Wells and Company Real Estate License #48435

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Sprinkler System

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,018 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Combination Dining and Living Room
  • Concrete Flooring
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch
  • Storage Shed

Schools

  • Country Club Elementary School
  • Heights Middle School
  • Piedra Vista High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Heater

Community Details

  • No Home Owners Association
  • Lee Max Terrace Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Home Age: 41 +
  • Above Grade Finished Sq Ft: 2018.00
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Rick D Mace
  • Listing Office Short Id: 124
  • PendingForeclosure: No
  • Prop. Type: Residential
  • Selling Member Short Id: kmoleary
  • FILLSUBDIVISION: Lee Max Terrace
  • Property Sub Type: Site Built
  • Estimated Total Finished Sq Ft: 2018.0000
  • Estimated Year Built: 1978
  • AproxTotalSqFt: 2018.00
  • Estimated Lot Size: .230 +/- Acre
  • ExtFinishConst: Brick, Stucco
  • Porch Patio Deck: Covered Deck, Covered Patio
  • Building Style: Split Level
  • Special Features: None
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Basement Bathrooms: 3.00
  • Has Basement: No
  • BasementBelowGrade: Walkout
  • Lower Floor 1 Bedrooms: 4
  • Dining Room: Living Room Combo
  • Family Room: None
  • Fireplace: One
  • Floor/Foundation: Concrete/Slab
  • Interior Amenities: Ceiling Fan, Garage Door Opener
  • Dining Kitchen: Breakfast Bar
  • Kitchen Features: Custom Cabinets, Dishwasher, Free Standing Range, Garbage Disposal, Microwave Oven, Refrigerator
  • Laundry Room: Yes
  • Living Room: Yes
  • Master Bedroom: Shower Stall, Walk-in Closet

Exterior Features

  • Roof: Pitched, Shingle
  • Exterior Features: Inground Pool, Landscaping Back, Landscaping Front, Sprinkler, Storage Building
  • Fence: Back, Wood
  • Number of Acres: 0.23

Garage/Parking

  • Garage Spaces: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Refrigerated Central
  • Heating: Forced Air, Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: All City, Natural Gas
  • Water Heater: 50 Gal or Less

Association/Amenities

  • AssociationCondoYN: No

Schools

  • Elementary School: Country Club Elementary
  • High School: Piedra Vista High School
  • Middle School: Heights Middle School

Lot Info

  • Lot Size: 1/2 Acre or Less
  • Zoning: Residential

Multi Family

  • Total Full Baths: 3

Tax Info

  • Estimated Taxes: $3,160.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 10, 2025
Sold by
Matajcich Kelli E and Matajcich Jonathan F
Bought by
Wyman Sheldon
Seller's Agent
Rick Mace
Coldwell Banker Cornerstone
Buyer's Agent
Maureen O'leary
Wells and Company Real Estate
List Price
$398,888
Views
19
Current Estimated Value
$385,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$348,888
Outstanding Balance
$346,442
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$35,499

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 1, 2022
Sold by
Hudspeth Jacob T and Hudspeth Ashley
Bought by
Matajcich Kelli E and Matajcich Jonathan F
Seller's Agent
David McBee
CENTURY 21 SoWesCo Realty
Buyer's Agent
Sam Todd
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
5.67%
Original Mortgage
$319,113
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jul 26, 2019
Sold by
Weichert Workforce Mobility Inc
Bought by
Hudspeth Jacob T and Hudspeth Ashley
Seller's Agent
Ben Lyons
RE/MAX of Farmington
Buyer's Agent
David McBee
CENTURY 21 SoWesCo Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$259,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
May 31, 2019
Sold by
Marcum Craig D and Marcum Caren A
Bought by
Weichert Workforce Mobility Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Feb 12, 2011
Sold by
Marcum Craig D and Marcum Caren A
Bought by
San Juan Development Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- San Juan County Abstract & Tit
Warranty Deed -- San Juan County Abstract & Tit
Warranty Deed $322,304 None Listed On Document
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,888 New Conventional
Closed $348,888 New Conventional
Previous Owner $319,113 FHA
Previous Owner $259,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2025 04/10/25 Sold -- -- --
03/11/2025 03/11/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $398,888 -- $198 / Sq Ft
07/01/2022 07/01/22 Sold -- -- -- View Prior Sale
08/15/2019 08/15/19 Sold -- -- -- View Prior Sale
Source: San Juan County Board of REALTORS®

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
2025 $2,355 $99,917 $0 $0
2024 $2,355 $97,007 $0 $0
2023 $2,306 $94,182 $0 $0
2022 $2,197 $91,378 $0 $0
2021 $2,116 $88,717 $0 $0
2020 $2,049 $86,133 $0 $0
2019 $1,555 $67,719 $0 $0
2018 $1,482 $63,201 $0 $0
2017 $1,404 $61,361 $0 $0
2016 $1,356 $59,574 $0 $0
2015 $1,333 $59,574 $0 $0
2014 $1,253 $56,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 25-262

APN: 0029850

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