NOT LISTED FOR SALE

1016 W Lea St Hobbs, NM 88240

Estimated Value: $107,000 - $179,000

3 Beds
2 Baths
1,208 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 08, 2021

Current estimated payment $886/month

4 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Attached Carport
  • No HOA
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

This home is located at 1016 W Lea St, Hobbs, NM 88240 since 29 June 2021 and is currently estimated at $150,110, approximately $124 per square foot. This property was built in 1950. 1016 W Lea St is a home located in Lea County with nearby schools including Jefferson Elementary School, Heizer Middle School, and Hobbs Freshman High School.

Last Agent to Sell the Property

Kerry Griffin

BURKETT - SHAW REALTY / HOBBS License #54367 Listed on: 06/29/2021

Last Buyer's Agent

DEVY DOMINGUEZ

UNITED REALTY, LLC - HOBBS License #53108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $843

Year Built

  • Built in 1950

Lot Details

  • 9,540

Parking

  • 3 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Free-Standing Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Jefferson Elementary School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Westview Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4000167430001

Home Details

Home Type

Single Family

Est. Annual Taxes

$843

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • New Construction: No
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Best Interest
  • Subdivision Name: Westview Addition
  • Architectural Style: Conventional
  • Carport Y N: Yes
  • Reso Flooring: Laminate
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Construction Type: Brick, Floor-Wood
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached Carport

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Electric, Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jefferson

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000167430001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 843.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 6, 2021
Sold by
Griffin Shirley
Bought by
Salas Irma Ruiz
Seller's Agent
Kerry Griffin
BURKETT - SHAW REALTY / HOBBS
Buyer's Agent
DEVY DOMINGUEZ
UNITED REALTY, LLC - HOBBS
List Price
$140,000
Current Estimated Value
$150,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$130,591
Outstanding Balance
$118,925
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$31,185

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 27, 2017
Sold by
Sanchez Virginia and Ornelas Virginia
Bought by
Griffin Shirley
Seller's Agent
Kevin White
Empire Real Estate Group, LLC
Buyer's Agent
CASSIE DeLEON
EDGE REALTY GROUP
List Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$75,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Ornelas Albert T and Ornelas Virginia
Bought by
Ornelas Virginia and Sanchez Raul
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 Buyer Sale Price Title Company
Salas Irma Ruiz -- First American Title Ins Co
Griffin Shirley -- None Available
Ornelas Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Irma Ruiz $130,591
Previous Owner Griffin Shirley $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2021 08/08/21 Sold -- -- --
07/03/2021 07/03/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $140,000 +33.3% $116 / Sq Ft
10/27/2017 10/27/17 Sold -- -- --
08/30/2017 08/30/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $105,000 -- $86 / 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 $1,082 $39,581 $4,433 $35,148
2023 $1,097 $39,581 $4,433 $35,148
2022 $1,083 $39,581 $4,433 $35,148
2021 $856 $31,385 $3,333 $28,052
2020 $843 $31,385 $3,333 $28,052
2019 $829 $31,385 $3,333 $28,052
2018 $820 $31,385 $3,333 $28,052
2017 $233 $31,344 $2,358 $28,986
2016 $234 $30,432 $2,289 $28,143
2015 $207 $29,547 $2,223 $27,324
2014 -- $28,686 $2,157 $26,529
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: New Mexico MLS

MLS Number: 20213509

New Mexico MLS

APN: 4000167430001