NOT LISTED FOR SALE

108 E Carter Rd Hobbs, NM 88242

Estimated Value: $219,000

Studio
-- Bath
-- Sq Ft
1.19 Acres

About This Home

This home is located at 108 E Carter Rd, Hobbs, NM 88242 and is currently estimated at $219,000. 108 E Carter Rd is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Seay-Horn Farm Llc
Bought by
Smith Matthew and Smith Carolyn
Current Estimated Value
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$743,514
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
-$555,514

Purchase Details

Closed on
Nov 24, 2020
Sold by
Horn Mary Edna and Seay James Michael
Bought by
Seay Horn Farm Llc

Purchase Details

Closed on
Feb 27, 2017
Sold by
Horn Mary Edna and Estate Of Mark Orzo Seay
Bought by
Horn Mary Edna and Seay James Michael
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
Smith Matthew -- First American Title Insurance
Smith Matthew -- First American Title Insurance
Seay Horn Farm Llc -- None Available
Horn Mary Edna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew $840,000
Closed Smith Matthew $840,000
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 $394 $16,822 $3,093 $13,729
2023 $388 $16,332 $3,003 $13,329
2022 $371 $16,332 $3,003 $13,329
2021 $359 $15,396 $2,832 $12,564
2020 $296 $14,947 $2,749 $12,198
2019 $262 $13,714 $1,871 $11,843
2018 $250 $13,315 $1,817 $11,498
2017 $307 $38,781 $5,292 $33,489
2016 $337 $40,731 $5,139 $35,592
2015 $295 $39,543 $4,989 $34,554
2014 -- $0 $0 $0
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

108 E Carter Rd, Hobbs, NM

Not Listed for Sale

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