NOT LISTED FOR SALE

1125 E Rancho Rd Hobbs, NM 88242

Estimated Value: $197,561 - $301,000

-- Bed
-- Bath
-- Sq Ft
0.74 Acres

About This Home

This home is located at 1125 E Rancho Rd, Hobbs, NM 88242 and is currently estimated at $239,187. 1125 E Rancho 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 8, 2024
Sold by
Prado Pedro R
Bought by
Amparan Jose and Amparan Claudia
Current Estimated Value
$239,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,160
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2019
Sold by
Frye Dustin and Frye Brittany
Bought by
Prado Pedro R and Prado Maira Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,555
Interest Rate
5.12%
Mortgage Type
FHA

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.

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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
Amparan Jose -- First American Title Insurance
Prado Pedro R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amparan Jose $165,500
Closed Amparan Jose $155,160
Previous Owner Prado Pedro R $146,701
Previous Owner Prado Pedro R $148,555
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 $1,263 $53,911 $6,667 $47,244
2023 $1,182 $49,766 $6,667 $43,099
2022 $1,163 $49,766 $6,667 $43,099
2021 $1,160 $49,766 $6,667 $43,099
2020 $1,137 $49,766 $6,667 $43,099
2019 $1,712 $76,441 $6,667 $69,774
2018 $1,647 $74,409 $6,667 $67,742
2017 $1,718 $217,308 $20,001 $197,307
2016 $1,751 $211,560 $20,001 $191,559
2015 $1,534 $205,980 $20,001 $185,979
2014 -- $200,562 $20,001 $180,561
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

1125 E Rancho Rd, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 1125 E Rancho Rd, Hobbs, NM 88242 and is currently estimated at $239,187. 1125 E Rancho Rd is a home located in Lea County with nearby schools including Coronado 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.

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