NOT LISTED FOR SALE

5901 Arroyo Dr Farmington, NM 87402

Estimated Value: $275,547 - $395,000

-- Bed
2 Baths
1,830 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 19, 2022

Current estimated payment $1,973/month

Highlights

  • Storage
  • 1-Story Property
  • Private Entrance
  • Country Club Elementary School Rated A-
  • Floor Furnace
  • Fenced

About This Home

As of January 2022

INVESTOR ALERT! Duplex on the east side of Farmington on almost half an acre that will make a fabulous rental once it's fixed up! Each unit has it's own carport and outside storage area, 915 SF with living room, 2 bedrooms, 1 bath, kitchen, and laundry room with access to the backyard. With some improvement, one side could be lived in while the other side is renovated. Located in a neighborhood near the country club, this duplex is on a double lot and surrounded by single family homes. It is a unique opportunity! This property is being sold ''as is, where is'', with all faults, known and unknown, and seller will make no repairs. Due to the age, asbestos may be in the floor tile and LBP could also be present.

Last Agent to Sell the Property

Teresa Hunt

Real Estate PROS License #49818 Listed on: 01/19/2022

Last Buyer's Agent

Gabe Sedillo

Real Estate PROS License #18539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Lot Details

  • Private Entrance
  • Fenced
  • Property is in below average condition

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Utility Room
  • Crawl Space

Parking

  • Carport
  • 1 Parking Space Included

Schools

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

Utilities

  • No Cooling
  • Floor Furnace

Community Details

  • 2 Units
  • Heatley Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Teresa A Hunt
  • Listing Office Short Id: 129rep
  • Number Of Stories: One
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • Selling Member Short Id: branmarq
  • FILLSUBDIVISION: Heatley
  • Property Sub Type: Duplex, Triplex
  • Special Features: None

Interior Features

  • Basement Bathrooms: 2.00
  • Updated Floor: Crawl Space
  • Unit Features: Extra Storage, Fenced Area, Inside Utility Room, Pvt Outside Entry, Washer/Dryer Hkups

Exterior Features

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

Garage/Parking

  • Parking: Carport

Utilities

  • Cooling: None
  • Heating: Floor Furnace
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 2

Schools

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

Lot Info

  • Lot Size: .41
  • Zoning: Multi-Fam Low Dens

Multi Family

  • Number Of2 Bedroom Units: 2.00
  • Parking Per Unit: One
  • Total Full Baths: 2

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Jan 20, 2022
Sold by
Corbett Katy M
Bought by
Mariposa Properties Llc
Seller's Agent
Teresa Hunt
Real Estate PROS
Buyer's Agent
Gabe Sedillo
Real Estate PROS
Current Estimated Value
$355,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.88%
Original Mortgage
$168,700
Outstanding Balance
$158,520
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$196,617

Purchase Details

Closed on
Aug 18, 2009
Sold by
Laughter Kevin W
Bought by
Corbett Katy M

Purchase Details

Closed on
Aug 12, 2009
Sold by
Corbett Katy M
Bought by
Corbett Katy M
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
Mariposa Properties Llc $224,371 None Listed On Document
Corbett Katy M -- None Available
Corbett Katy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mariposa Properties Llc $168,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 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 $1,239 $52,237 $0 $0
2023 $1,242 $51,985 $0 $0
2022 $926 $38,530 $0 $0
2021 $902 $37,808 $0 $0
2020 $901 $37,884 $0 $0
2019 $908 $38,374 $0 $0
2018 $910 $39,152 $0 $0
2017 $898 $39,152 $0 $0
2016 $894 $39,152 $0 $0
2015 $879 $39,152 $0 $0
2014 $878 $38,234 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Teresa Hunt

    Real Estate PROS

    (505) 320-7859

    57 Total Sales

    Teresa Hunt
    Section Image

  • G

    Buyer's Agent in 2022

    Gabe Sedillo

    Real Estate PROS

    (505) 215-9550

    166 Total Sales

    Gabe Sedillo
    Section Image
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Map

Source: San Juan County Board of REALTORS®

MLS Number: 21-1968

APN: 0023134

New Mexico San Juan County Farmington 87402

5901 Arroyo Dr, Farmington, NM

Not Listed for Sale

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