NOT LISTED FOR SALE

1201 E Scharbauer St Hobbs, NM 88240

Estimated Value: $227,000 - $283,000

Studio
-- Bath
-- Sq Ft
0.34 Acre Lot

About This Home

This home is located at 1201 E Scharbauer St, Hobbs, NM 88240 and is currently estimated at $258,581. 1201 E Scharbauer St is a home located in Lea County with nearby schools including Murray Elementary School, Houston Middle School, and Hobbs High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2025
Sold by
Bought by
Current Estimated Value
$258,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,417
Outstanding Balance
$246,410
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$12,171

Purchase Details

Closed on
Jul 25, 2024
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,016,800
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2013
Sold by
Bought by

Purchase Details

Closed on
May 15, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pioneer Title
-- Pioneer Title
-- None Listed On Document
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $248,417
Closed $248,417
Previous Owner $16,016,800
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,719 $65,706 $3,229 $62,477
2024 $1,579 $63,792 $3,135 $60,657
2023 $1,550 $61,934 $3,044 $58,890
2022 $1,481 $61,934 $3,044 $58,890
2021 $1,429 $58,379 $2,869 $55,510
2020 $1,405 $58,295 $2,785 $55,510
2019 $1,379 $58,214 $2,704 $55,510
2018 $1,362 $58,135 $2,625 $55,510
2017 $1,438 $174,177 $7,647 $166,530
2016 $1,667 $173,955 $7,425 $166,530
2015 $374 $173,739 $7,209 $166,530
2014 $392 $7,500 $7,500 $0
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1201 E Scharbauer St, Hobbs, NM

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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