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Off market
  • $270,600

    508 N Lincoln Ave, Farmington, NM 87401

    --beds
    1,649sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $270,600 Zestimate®
    $164/sqft
    $1,031 Estimated rent

    Home value

    $270,600

    $257,000 - $284,000

    $1,031/mo

    Zestimate® history
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    $1,031/mo

    Rent Zestimate®

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    What's special

    INVESTOR ALERT! Great 3 one bedroom units right smack in the middle of town. One unit will be vacant by 6-1-21. Seller will finance short term, some units may need a little TLC but can be a great investment. Close to park, downtown historic Farmington. Seller pays water and gas, tenants pay electricity Very secluded, good size lot. Rents are $550 each.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Evaporative
    Interior area
    • Total interior livable area: 1,649 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 2076172124025
    • Zoning: Multi-Fam Med Dens

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Farmington

    Financial & listing details

    • Price per square foot: $164/sqft
    • Tax assessed value: $181,581
    • Annual tax amount: $1,427

    Price history

    DateEventPrice
    9/28/2024Listing removed$247,500$150/sqft
    Source: SJCMLS #24-1171 Report a problem
    9/26/2024Listed for sale$247,500+98%$150/sqft
    Source: SJCMLS #24-1171 Report a problem
    5/27/2021Listing removed--
    Source: SJCMLS Report a problem
    5/24/2021Listed for sale$125,000$76/sqft
    Source: SJCMLS #21-818 Report a problem
    4/8/2014Listing removed$550
    Source: Tres Rios Properties, LLC Report a problem
    3/8/2014Listed for rent$550
    Source: Tres Rios Properties, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,427 +192%$60,527 +47.2%
    2024$489 -49.2%$41,108 +3%
    2023$962 +3.2%$39,911 +3%
    2022$932 +26.8%$38,749 +25.8%
    2021$734 -0.6%$30,795 -0.9%
    2020$739 +4.9%$31,073 +1.1%
    2017$705 +0%$30,731
    2016$705 +2.2%$30,731
    2015$690 +0.1%$30,731 +25.7%
    2014$689 +41.3%$24,442 +3%
    2013$488 $23,729
    2012$488 +8%$23,729 +3%
    2011$452 $23,038 +6%
    2010-- $21,734 +6%
    2009-- $20,504
    2008-- $20,504
    2007-- $20,504 +6%
    2006-- $19,344
    2005-- $19,344 -66.7%
    2004$444 +1%$58,032
    2003$439 +1.8%$58,032 +213.9%
    2002$432 -2.9%$18,489
    2001$444 -1.1%$18,489
    2000$450 $18,489
    Find assessor info on the county website

    Neighborhood: 87401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Apache Elementary
    • Middle: Tibbetts Middle School
    • High: Farmington High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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