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5555 Franks Ln; Farmington, NM Property Details

5555 Franks Ln, Farmington, NM is a Single Family that was built in 1969. This property is currently Financed and is not for sale. Our records show that 5555 Franks Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,878 square feet. The lot size of 5555 Franks Ln is 240,887 square feet.

Off market
5555 Franks Ln Farmington, NM 87402
$240,181 Listing Price
3 Beds
2 Baths
1,878 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1969
  • Purchase Price: $354,400
  • Open Loans / Balance: 1 / $216,578
  • Est. Equity / %: $223,422 / 50.78%
  • Gross Yield: 8.64%
  • APN: 2071175035125
  • Situs County: San Juan
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Structure

  • Stories: 2

Measurements

  • Total: 1,878/SqFt
  • Lot: 240,887/SqFt
  • Gross: 1,878/SqFt
  • Living: 1,878/SqFt
  • Building: 1,878/SqFt
  • Price Per Square Foot: $188.71

Legal Description

  • Description: BEG AT NE CORNER OF SESE OF SEC 29 30 12. THENCE S88-04E 19.75 FT, S0-30W 154.52 FT, N89-32W 775.93 FT, N44-37-14E 241.17 FT, S89-32E 588.30 FT, S0-30W 18 .00FT TO BEG. ALSO, BEG S88-04E 19.75 FT AND S0-30W 154.52 FT FROM NE CORNER OF SESE OF SEC 29
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Farmington Municipal Schools
  • Lat / Lon: 36.779903 / -108.113396
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Plus Four: 5185

Ownership Info

5555 Franks Ln has no associated ownership info
5555 Franks Ln has no associated ownership info.

Taxes

5555 Franks Ln has 8 associated Taxes items

5555 Franks Ln, Farmington, NM pays taxes in San Juan County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $99,667. The APN we've located for 5555 Franks Ln is 2071175035125.

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Taxes
  • Assessed Value:  $99,667
  • Assessed Year:  2025
  • Assessed County:  San Juan
  • APN:  2071175035125
  • Tax Amount:  2215.28
  • Tax Year:  2025
  • Market Value:  299003
  • Market Year:  2025

Tax History

5555 Franks Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $99,667 Land Value Improvement Value Tax Amount $2,215.28 Change Rate +0.071778% Assessed CR Tax Rate +0.022227%
Year 2024 Assessed Value $92,691 Land Value Improvement Value Tax Amount $2,066.92 Change Rate +0.016825% Assessed CR Tax Rate +0.022299%
Year 2023 Assessed Value $89,991 Land Value Improvement Value Tax Amount $2,032.72 Change Rate +0.032466% Assessed CR Tax Rate +0.022588%
Year 2022 Assessed Value $87,370 Land Value Improvement Value Tax Amount $1,968.8 Change Rate +0.020897% Assessed CR Tax Rate +0.022534%
Year 2021 Assessed Value $86,240 Land Value Improvement Value Tax Amount $1,928.5 Change Rate +0.005543% Assessed CR Tax Rate +0.022362%
Year 2020 Assessed Value $86,003 Land Value Improvement Value Tax Amount $1,917.87 Change Rate +0.010826% Assessed CR Tax Rate +0.0223%
Year 2019 Assessed Value $85,504 Land Value Improvement Value Tax Amount $1,897.33 Change Rate +0.006007% Assessed CR Tax Rate +0.02219%
Year 2018 Assessed Value $84,964 Land Value Improvement Value Tax Amount $1,886 Change Rate +0.030443% Assessed CR Tax Rate +0.022198%
Year 2017 Assessed Value $85,035 Land Value Improvement Value Tax Amount $1,830.28 Change Rate +0.003768% Assessed CR Tax Rate +0.021524%
Year 2016 Assessed Value $35,698 Land Value Improvement Value Tax Amount $1,823.41 Change Rate +0.019109% Assessed CR Tax Rate +0.051079%
Year 2015 Assessed Value $35,698 Land Value Improvement Value Tax Amount $1,789.22 Change Rate +1.723194% Assessed CR Tax Rate +0.050121%
Year 2014 Assessed Value $32,280 Land Value Improvement Value Tax Amount $657.03 Change Rate Assessed CR Tax Rate +0.020354%