Estimated Value: $167,000 - $177,000
2
Beds
1
Bath
1,157
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- 4.24 Acre Lot
- 2 Car Detached Garage
- RV Access or Parking
- No HOA
- Refrigerated and Evaporative Cooling System
About This Home
As of November 2019Nice country home located on 4.24 acres completely fenced. Some fruit trees and shade trees. Two car detached garage; large covered front porch; nice circle drive located inside the double gated front yard. The bonus room located on the north side of the house is approximately 12 x 40. There are 2 electrical receptacles and a wall light. With some additions, electrical & insulation, this room has unlimited uses. Hardwood floors throughout except in the kitchen & bath. There may be hardwood under these two vinyl covered rooms. This property is located on a dead end road. Please call the owner for an appointment. If no answer please leave your contact information. The owners are in the process of packing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,070
Year Built
- Built in 1970
Lot Details
- 4.24 Acre Lot
- Lot Dimensions are 615 x 300
- Fenced
Parking
- 2 Car Detached Garage
- RV Access or Parking
Home Design
- Frame Construction
- Masonry
Interior Spaces
- 1,157 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Free-Standing Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Separate Shower
Schools
- Coronado Elementary School
- Highland Middle School
- Freshman/Hhs High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Refrigerated and Evaporative Cooling System
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Wall Furnace
- Private Water Source
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- M & B Subdivision
Listing and Financial Details
- Assessor Parcel Number 4000405100001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2019
Closed on
Nov 14, 2019
Sold by
Hock Chester and Hock Carmaleta
Bought by
Otto Larry C and Otto Nancy
Seller's Agent
Rusty Taylor
EDGE REALTY GROUP
Buyer's Agent
KAMELA RIVAS
Rivas Real Estate Team Co.
List Price
$145,000
Sold Price
$119,000
Premium/Discount to List
-$26,000
-17.93%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,148
Avg. Annual Appreciation
7.02%
Original Mortgage
$116,844
Outstanding Balance
$103,993
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$69,156
Create a Home Valuation Report for This Property
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Similar Homes in Hobbs, NM
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Otto Larry C | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Otto Larry C | $116,844 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2019 11/14/19 | Sold | -- | -- | -- |
| 09/20/2019 09/20/19 | Pending | -- | -- | -- |
| 09/16/2019 09/16/19 | For Sale | $145,000 | -- | $125 / Sq Ft |
Source: New Mexico MLS
Tax History Compared to Growth
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 | $817 | $34,858 | $4,086 | $30,772 |
| 2023 | $804 | $33,843 | $3,967 | $29,876 |
| 2022 | $791 | $33,843 | $3,967 | $29,876 |
| 2021 | $789 | $33,843 | $3,967 | $29,876 |
| 2020 | $773 | $33,843 | $3,967 | $29,876 |
| 2019 | $345 | $21,401 | $3,321 | $18,080 |
| 2018 | $327 | $20,777 | $3,224 | $17,553 |
| 2017 | $336 | $60,516 | $9,390 | $51,126 |
| 2016 | $337 | $58,755 | $9,117 | $49,638 |
| 2015 | $291 | $57,042 | $8,850 | $48,192 |
| 2014 | -- | $55,380 | $8,592 | $46,788 |
Source: Public Records
Agents Affiliated with this Home
-
Rusty Taylor
Seller's Agent in 2019
Rusty Taylor
EDGE REALTY GROUP
(575) 393-4083
48 Total Sales
-
KAMELA RIVAS
K
Buyer's Agent in 2019
KAMELA RIVAS
Rivas Real Estate Team Co.
(575) 631-2948
36 Total Sales
Map
Source: New Mexico MLS
MLS Number: 20194571
APN: 4000405100001
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