NOT LISTED FOR SALE

5508 Arroyo Dr Farmington, NM 87402

Estimated Value: $283,676 - $336,000

3 Beds
2 Baths
1,600 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 07, 2019

Current estimated payment $1,756/month

Highlights

  • Wood Burning Stove
  • Fireplace
  • Eat-In Kitchen
  • Country Club Elementary School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of August 2019

GREAT HOME with plenty of room to Play! 3 bedroom 2 bathroom with huge kitchen, wood burning stove, Large landscaped yard that's completely fenced and on sprinkler system. Quiet street near Country Club. This is a must see for a first time home buyer or investor.FHA# 361-316859, not open toinvestors for first 10 days. HUD is offering the FHA $100 Down Sales Incentive for this HUD owned property for qualifying owner occupant purchasers. OwnerOccupant purchasers utilizing FHA-insured financing (including the FHA 203(k) Rehabilitation Program) Bids MUST be submitted on www.hudhomestore.comLIGHTS & HEAT OFF, BRING FLASHLIGHT DURING NIGHT HOURS! HUD homes are sold ''As-Is''.

Last Agent to Sell the Property

William Bustos

S.J. Gabaldon Constr. & Realty License #5479678-SA0 Listed on: 08/07/2019

Co-Listed By

Amanda Banks

S.J. Gabaldon Constr. & Realty License #50598

Last Buyer's Agent

Rick Mace

Coldwell Banker Cornerstone

Coldwell Banker Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 1979

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Water Heater

Additional Features

  • Patio
  • Fenced

Community Details

  • Ellsworth Subdivision

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$851

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Home Age: 31 to 40
  • Above Grade Finished Sq Ft: 1600.00
  • Co Selling Member Short Id: lmace1
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: Yes
  • Listing Member Name: William A Bustos
  • Listing Office Short Id: 8
  • PendingForeclosure: No
  • Prop. Type: Residential
  • Selling Member Short Id: dreamteam
  • FILLSUBDIVISION: Ellsworth
  • Property Sub Type: Site Built
  • Estimated Total Finished Sq Ft: 1600.0000
  • Estimated Year Built: 1979
  • AproxTotalSqFt: 1600.00
  • Estimated Lot Size: .27
  • Porch Patio Deck: Patio
  • Building Style: One Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Basement Bathrooms: 2.00
  • Has Basement: No
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: Yes
  • Family Room: Wood Stove/Other
  • Fireplace: One
  • Floor/Foundation: Crawl Space
  • Dining Kitchen: Eat-in Kitchen
  • Kitchen Features: Dishwasher, Garbage Disposal, Refrigerator
  • Living Room: Yes
  • Master Bedroom: Yes

Exterior Features

  • Roof: Pitched
  • Fence: Yes

Garage/Parking

  • Garage Spaces: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Evaporative Central
  • Heating: Forced Air
  • Water Heater: One

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: 2

Tax Info

  • Estimated Taxes: 851.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Castelli Mike and Castelli Tiffany
Bought by
Castelli Enterprises Llc
Current Estimated Value
$311,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$387,280
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$75,361

Purchase Details

Closed on
Nov 19, 2019
Sold by
Castelli Vincent A and Castelli Mike A
Bought by
Castelli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2019
Sold by
Castelli Vincent
Bought by
Castelli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2019
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Feb 18, 2019
Sold by
Valencia Donald M and Pickering Tristalyn A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 9, 2016
Sold by
Valencia Tristalyn
Bought by
Valencia Donald

Purchase Details

Closed on
Apr 23, 2008
Sold by
Dowdy Kyle and Dowdy Erin S
Bought by
Valencia Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,234
Interest Rate
6.11%
Mortgage Type
FHA
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
Castelli Enterprises Llc -- None Available
Castelli Properties Llc -- None Available
Castelli Properties Llc -- None Available
Secretary Of Housing And Urban Dev -- None Available
Jpmorgan Chase Bank National Association -- None Available
Valencia Donald -- None Available
Valencia Donald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castelli Enterprises Llc $435,000
Closed Castelli Properties Llc $123,200
Previous Owner Valencia Donald M $176,234
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2019 08/07/19 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 $1,369 $56,368 $0 $0
2023 $1,340 $54,727 $0 $0
2022 $1,277 $53,133 $0 $0
2021 $1,232 $51,666 $0 $0
2020 $1,222 $51,394 $0 $0
2019 $1,225 $51,786 $0 $0
2018 $1,236 $52,355 $0 $0
2017 $1,201 $50,831 $0 $0
2016 $1,161 $49,351 $0 $0
2015 $1,141 $49,351 $0 $0
2014 $1,075 $45,451 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Juan County Board of REALTORS®

MLS Number: 19-1197

APN: 0022955