$199,000
SOLD JUL 31, 2025
Last list price

101 W Spears Dr Hobbs, NM 88240

3 Beds
2 Baths
2,224 Sq Ft
1968 Built

Recently Sold

$89 Per Sq Ft

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

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1134.03%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Lloyd H Lloyd H
Bought by
Weeks Maxann L
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- -- --
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 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 $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

  • LADONNA SANCHEZ

    Seller's Agent in 2025

    LADONNA SANCHEZ

    UNITED REALTY, LLC - HOBBS

    (575) 408-1525

    104 Total Sales

    LADONNA SANCHEZ
    Section Image
  • Rusty Taylor

    Seller's Agent in 2022

    Rusty Taylor

    EDGE REALTY GROUP

    (575) 393-4083

    50 Total Sales

    Rusty Taylor
    Section Image

  • M

    Buyer's Agent in 2022

    MARIO ANCHONDO

    MVMT REALESTATE

    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20244843

New Mexico MLS

APN: 4000413540001

New Mexico Lea County Hobbs 88240

101 W Spears Dr, Hobbs, NM

This home is located at 101 W Spears Dr, Hobbs, NM 88240 and is currently estimated at $199,000, approximately $89 per square foot. This property was built in 1968. 101 W Spears Dr is a home located in Lea County with nearby schools including Mills Elementary School, Highland Middle School, and Hobbs Freshman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes