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1616 Camino Rio

1616 Camino Rio, Farmington, NM 87401
Property in San Juan
Sold Sep 28, 2020
$228,000
$182,400 by Citizens Bank
Mortgage Due Oct 01, 2050
Local assessors in Farmington, NM have categorized 1616 Camino Rio as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 8,799 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1616 Camino Rio has a total of 1,468 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Sep 28, 2020 for $228,000. That's $155.31 per sqft. 1616 Camino Rio was last assessed in 2023. The total value of the property was assessed at $46,760. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,079. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,799
  • Total Building Area: 1,468
  • Gross Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLE GRANDE ESTATES
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLE GRANDE ESTATES LOT 21 BLOCK 7 BK.1661 PG.450

Ownership

  • Current Owner : MARKLE JUNE E
  • Current Owner 2: MARKLE NATHAN
  • Previous Owner : ALLEN WILLIAM G
  • Previous Owner 2: ALLEN GLENDA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Farmington Municipal Schools
  • Census Tract: 000100

Geography

  • Assessors Map Reference: MAP: 2913
  • Account Number: R0020374
  • Parcel: 2075170056339
  • Block: 7
  • Lot: 21
  • Meridian: SEC 22 TWN 29N RNG 13W
  • Municipality: CITY
  • Latitude: 36.7141
  • Longitude: -108.187

    Address

  • Full Address: 1616 Camino Rio
  • Address - House Number: 1616
  • Address - Street Name: Camino Rio
  • State: NM
  • City Name: Farmington
  • Carrier Code: C064
  • 4-Digit Zip Code: 8044
  • Zip Code: 87401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,079
  • Tax Rate Code Area: 5INRS

    Appraisal Valuation

  • Standard Deviation: 0.2159
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 229,019
  • High Value: 278,465
  • Low Value: 179,573

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,400
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $182,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $140,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,760

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11795811552
  • Current Sale Price: $228,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202009998

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $182,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Farmington



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Frequently Asked Questions

What neighborhood is 1616 Camino Rio located in?
The 1616 Camino Rio is a located in the neighborhood of San Juan in Farmington, Farmington.
What is the average sales price for listings in 1616 Camino Rio?
The average sales price for units in 1616 Camino Rio is $0 currently.

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