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5801 Tarry Terrace Dr, Farmington, NM, 87402

4beds
3baths
2,405sqft
$350,000
$146price/sqft
$2,740/moest. monthly cost
$109,600/yrincome needed

About This Home

Welcome to 5801 Tarry Terrace Drive, ideally located in the Foothills in one of the area's most desirable and quiet neighborhoods. This home offers a functional layout with two living areas, including a finished basement, with the primary suite located on the main level. Enjoy the convenience of being within walking distance to local schools, while still tucked away in a peaceful setting. The spacious backyard offers great potential to create your ideal outdoor space. While the home does need some repairs, it presents a great opportunity for buyers to add value and make it their own. Seller is open to negotiation on repairs with an acceptable offer. Home does have a pre-inspection report. Don't miss the chance to invest in a home with strong potential in a sought-after location.

Getting Around

33
WalkingCar-Dependent
13
TransitMinimal Transit
30
BikeSomewhat Bikeable

Schools

9/10
5/10
Heights Middle SchoolGrades 6-81.9 mi
7/10
Piedra Vista High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 2005

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Microwave
  • Laundry features: In Hall

Bedroom2

  • Level: Main
  • Area: 90
  • Dimensions: 9 x 10

Bedroom3

  • Level: Main
  • Area: 90
  • Dimensions: 9 x 10

Bedroom4

  • Level: Lower
  • Area: 150
  • Dimensions: 10 x 15

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Den

  • Level: Basement
  • Area: 390
  • Dimensions: 13 x 30

Dining Room

  • Level: Main
  • Area: 88
  • Dimensions: 8 x 11

Features

  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 2,405
  • Total interior livable area: 2,405 sqft

Kitchen

  • Level: Main
  • Area: 210
  • Dimensions: 14 x 15

Living Room

  • Level: Main
  • Area: 132
  • Dimensions: 12 x 11

Master Bedroom

  • Level: Upper
  • Area: 182
  • Dimensions: 13 x 14

Property

Details

  • Parcel number: 2072175185095
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Gravel Landscaping
  • Fencing: Wood,Chain Link,Back

Lot

  • Lot size: 0.31 Acres

Parking

  • Parking features: Garage - Attached

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
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in San Juan County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

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

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$149$1,788
Property Taxes $652$7,824
Electricity $170$2,051
Total$2,740$32,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,942/yr
40% on housing$82,200/yr
45% on housing$73,066/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

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.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 87402$168
San Juan County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 87402$170
San Juan County$178

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)

Price History

DateEventPrice
2026-04-22Listed for sale$355,000
2018-04-05Sold--
2018-02-21Listed for sale$225,000
2017-10-18Listing removed$225,000
2017-09-19Listed for sale$225,000
2014-01-11Listing removed$1,695
2013-12-17Price change$1,695
2013-12-11Listed for rent$1,700
2012-03-15Listing removed$277,000
2011-08-06Listed for sale$277,000
2011-03-31Listing removed$339,000
2011-02-24Listed for sale$339,000
2011-01-01Listing removed$349,000
2010-12-23Price change$349,000
2010-09-23Price change$339,900
2010-06-20Price change$349,000
2010-05-01Price change$359,000
2010-01-30Listed for sale$365,900

For Sale by Agent

AgentCrystal Chavez
BrokerageRE/MAX of Farmington

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