NOT LISTED FOR SALE

101 W Spears Dr Hobbs, NM 88240

Estimated Value: $171,000 - $284,186

3 Beds
2 Baths
2,224 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2025

Current estimated payment $1,228 / mo

321 Days on Market

Highlights

  • 1 Fireplace
  • 3 Car Detached Garage
  • 1-Story Property
  • No HOA

About This Home

As of July 2025

CASH ONLY Property is being sold as is. Welcome to 101 W Spears, a unique property nestled in the heart of Hobbs, New Mexico. This is an unparalleled opportunity for visionary investors or ambitious homeowners eager to craft their dream home from the ground up. Situated in a well-established neighborhood, this property boasts incredible potential, waiting for a complete renovation to bring it back to life. Property Overview: Location: 101 W Spears, Hobbs, NM Structure: Single-family home Condition: Requires total renovation Lot Size: Generously sized lot offering ample space for expansion or landscaping The Potential: While the property currently requires a full-scale renovation, the possibilities are endless. With the right vision and resources, this could become a standout residence in the community. Whether you’re looking to create a cozy family home or seeking a profitable investment, this property provides a blank canvas to let your creativity shine.

Last Agent to Sell the Property

LADONNA SANCHEZ

UNITED REALTY, LLC - HOBBS License #55060 Listed on: 08/15/2024

Last Buyer's Agent

LADONNA SANCHEZ

UNITED REALTY, LLC - HOBBS License #55060 Listed on: 08/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1968

Lot Details

  • Irregular Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000413540001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • New Construction: No
  • Year Built: 1968
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Metal, Pitched

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Detached
  • Total Parking Spaces: 3

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000413540001

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1781.03

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Jul 30, 2025
Sold by
Pujadas Seijas Jose J and Rodriguez Perdomo Lianet
Bought by
Flores Mary J
Seller's Agent
LADONNA SANCHEZ
UNITED REALTY, LLC - HOBBS
Buyer's Agent
LADONNA SANCHEZ
UNITED REALTY, LLC - HOBBS
List Price
$225,000
Views
237
Current Estimated Value
$212,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.73%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Lloyd H Lloyd H
Bought by
Weeks Maxann L
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Flores Mary J -- Pioneer Title
Weeks Maxann L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold -- -- --
07/02/2025 07/02/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $199,000 -7.4% $89 / Sq Ft
09/04/2024 09/04/24 Price Changed $215,000 -4.4% $97 / Sq Ft
08/15/2024 08/15/24 For Sale $225,000 +50.0% $101 / Sq Ft
05/02/2022 05/02/22 Sold -- -- -- View Prior Sale
04/05/2022 04/05/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $150,000 -- $65 / Sq Ft
Source: New Mexico MLS

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
2025 $1,135 $48,998 $4,666 $44,332
2024 $1,148 $48,998 $4,666 $44,332
2023 $1,164 $48,998 $4,666 $44,332
2022 $1,126 $48,998 $4,666 $44,332
2021 $1,091 $46,793 $3,752 $43,041
2020 $1,038 $45,430 $3,643 $41,787
2019 $988 $44,107 $3,537 $40,570
2018 $948 $42,822 $3,434 $39,388
2017 $986 $124,725 $10,002 $114,723
2016 $853 $121,092 $9,711 $111,381
2015 $742 $117,567 $9,429 $108,138
2014 -- $114,141 $9,153 $104,988
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20244843

New Mexico MLS

APN: 4000413540001

Your Personal Tour Guide

Ask me questions while you tour the home.