NOT LISTED FOR SALE

1106 E Michigan Dr Hobbs, NM 88240

Estimated Value: $130,869 - $134,000

3 Beds
1 Bath
1,053 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 07, 2022

Current estimated payment $778/month

100 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Refrigerated and Evaporative Cooling System

About This Home

As of January 2022

Great starter home or investment property in North Hobbs. Roof new August 2021. Home was remodeled about 12 months ago including new gas, sewer and water yard lines replaced.

Last Agent to Sell the Property

Kevin White

Empire Real Estate Group, LLC License #16309 Listed on: 08/26/2021

Last Buyer's Agent

Mikal Calhoon

EDGE REALTY GROUP License #50564

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1970

Lot Details

  • 8,700 Sq Ft Lot
  • Lot Dimensions are 60 x 145

Parking

  • No Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000014630001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,066

Year Built

Built in 1970

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1970
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.1997
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60 x 145
  • Lot Size Sq Ft: 8700
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000014630001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1065.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jan 20, 2022
Sold by
Fowler Trust
Bought by
Soloprises Llc
Seller's Agent
Kevin White
Empire Real Estate Group, LLC
Buyer's Agent
Mikal Calhoon
EDGE REALTY GROUP
List Price
$119,000
Current Estimated Value
$132,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$111,000
Outstanding Balance
$44,672
Interest Rate
3.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$94,292
Source: Public Records

Range of Values:

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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
Soloprises Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soloprises Llc $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold -- -- --
12/04/2021 12/04/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $112,500 -5.5% $107 / Sq Ft
10/14/2021 10/14/21 For Sale $119,000 0.0% $113 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $119,000 -- $113 / 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 $917 $33,570 $3,600 $29,970
2023 $930 $33,570 $3,600 $29,970
2022 $491 $33,570 $3,600 $29,970
2021 $475 $17,412 $1,822 $15,590
2020 $454 $16,905 $1,769 $15,136
2019 $446 $16,905 $1,769 $15,136
2018 $442 $16,905 $1,769 $15,136
2017 $467 $50,715 $5,307 $45,408
2016 $486 $50,715 $5,307 $45,408
2015 $289 $50,715 $5,307 $45,408
2014 $269 $50,715 $5,307 $45,408
Source: Public Records

Agents Affiliated with this Home

  • Kevin White

    Seller's Agent in 2022

    Kevin White

    Empire Real Estate Group, LLC

    (575) 942-1056

    25 Total Sales

    Kevin White
    Section Image
  • Mikal Calhoon

    Buyer's Agent in 2022

    Mikal Calhoon

    EDGE REALTY GROUP

    (575) 390-2299

    37 Total Sales

    Mikal Calhoon
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20214706

New Mexico MLS

APN: 4000014630001

New Mexico Lea County Hobbs 88240

1106 E Michigan Dr, Hobbs, NM

This home is located at 1106 E Michigan Dr, Hobbs, NM 88240 since 26 August 2021 and is currently estimated at $132,435, approximately $125 per square foot. This property was built in 1970. 1106 E Michigan Dr is a home located in Lea County with nearby schools including Taylor 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.

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