NOT LISTED FOR SALE

1007 E Michigan Dr Hobbs, NM 88240

Estimated Value: $367,000

-- Bed
-- Bath
-- Sq Ft
0.75 Acres

About This Home

This home is located at 1007 E Michigan Dr, Hobbs, NM 88240 and is currently estimated at $367,000. 1007 E Michigan Dr is a home located in Lea County with nearby schools including Broadmoor Elementary School, Highland Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Thigpen Marilyn Ann
Bought by
Alpha Charlie Delta Llc
Current Estimated Value
$367,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Outstanding Balance
$14,400
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$352,600
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alpha Charlie Delta Llc -- First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Charlie Delta Llc $22,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $502 $18,122 $4,132 $13,990
2023 $512 $18,467 $4,132 $14,335
2022 $490 $18,467 $4,132 $14,335
2021 $475 $17,407 $3,895 $13,512
2020 $454 $16,900 $3,782 $13,118
2019 $433 $16,408 $3,672 $12,736
2018 $416 $15,930 $3,565 $12,365
2017 $427 $46,398 $10,383 $36,015
2016 $374 $45,045 $10,080 $34,965
2015 $894 $43,734 $9,786 $33,948
2014 $833 $42,459 $9,501 $32,958
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1007 E Michigan Dr, Hobbs, NM

Not Listed for Sale

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