705 N Monterey Ave, Farmington, NM, 87401
About This Home
A good investment at a low price in the heart of the city. This home is just waiting for a person to give it some TLC. 4 bedrooms, 2 bathrooms, 2 car garage. Very bright and sunny kitchen. Formal dining room. Original hardwood floors with it also being Under any carpeting that is there. Alley access, RV parking. workshop and storage shed. Irrigation per seller. This home has great potential. Home has been approved for a short sale. Being sold ''AS IS''. Do NOT lock the wooden front door, only lock the metal door.
Getting Around
Car-Dependent
Minimal Transit
BikeableSchools
Construction
Condition
- Year built: 1970
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Mud Room
Bedroom2
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Bedroom3
- Level: Upper
- Area: 126
- Dimensions: 9 x 14
Bedroom4
- Level: Upper
- Area: 126
- Dimensions: 9 x 14
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: Main
- Area: 160
- Dimensions: 10 x 16
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 1,692
- Total interior livable area: 1,692 sqft
Kitchen
- Level: Main
- Area: 289
- Dimensions: 17 x 17
Living Room
- Level: Main
- Area: 210
- Dimensions: 10 x 21
Master Bedroom
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Property
Details
- Parcel number: 2075172472104
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Covered
- Fencing: Chain Link,Back
Lot
- Lot size: 0.29 Acres
Parking
- Parking features: RV Access/Parking
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in San Juan County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,364 | $16,368 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $533 | $6,396 |
| Electricity | $148 | $1,780 |
| Total | $2,161 | $25,932 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-09 | Pending sale | $269,900 |
| 2026-07-21 | Listed for sale | $269,900 |
| 2025-08-12 | Listing removed | $289,900 |
| 2025-08-10 | Listed for sale | $289,900 |
| 2025-07-14 | Pending sale | $289,900 |
| 2025-02-04 | Price change | $289,900 |
| 2025-01-16 | Listed for sale | $295,000 |
| 2023-09-01 | Listing removed | -- |
| 2023-07-31 | Pending sale | $259,900 |
| 2023-07-27 | Price change | $259,900 |
| 2023-05-23 | Price change | $279,900 |
| 2023-03-16 | Price change | $295,000 |
| 2023-03-06 | Listed for sale | $310,000 |
Pre-Foreclosure - For Sale by Agent
View on Zillow