NOT LISTED FOR SALE

1108 N Pennington Dr Hobbs, NM 88240

Estimated Value: $111,000 - $144,761

3 Beds
1 Bath
1,014 Sq Ft
$133/Sq Ft Est. Value

About This Home

This home is located at 1108 N Pennington Dr, Hobbs, NM 88240 and is currently estimated at $134,440, approximately $132 per square foot. 1108 N Pennington Dr is a home located in Lea County with nearby schools including Jefferson Elementary School, Heizer Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2013
Sold by
Olivas Rocio
Bought by
Martinez Stacey G
Current Estimated Value
$134,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,382,200
Outstanding Balance
$4,465,634
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
-$4,331,194
Source: Public Records

Range of Values:

Collateral Analytics

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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
Martinez Stacey G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Stacey G $6,382,200
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 $578 $21,152 $2,368 $18,784
2023 $569 $20,536 $2,299 $18,237
2022 $545 $20,536 $2,299 $18,237
2021 $528 $19,357 $2,167 $17,190
2020 $520 $19,357 $2,167 $17,190
2019 $511 $19,357 $2,167 $17,190
2018 $506 $19,357 $2,167 $17,190
2017 $535 $58,071 $6,501 $51,570
2016 $556 $58,071 $6,501 $51,570
2015 $510 $58,071 $6,501 $51,570
2014 -- $58,071 $6,501 $51,570
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1108 N Pennington Dr, Hobbs, NM

This home is located at 1108 N Pennington Dr, Hobbs, NM 88240 and is currently estimated at $134,440, approximately $132 per square foot. 1108 N Pennington Dr is a home located in Lea County with nearby schools including Jefferson Elementary School, Heizer 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.

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