NOT LISTED FOR SALE

1224 N Green Acres Dr Hobbs, NM 88240

Estimated Value: $131,752 - $147,000

3 Beds
1 Bath
1,300 Sq Ft
$108/Sq Ft Est. Value

About This Home

This home is located at 1224 N Green Acres Dr, Hobbs, NM 88240 and is currently estimated at $140,584, approximately $108 per square foot. 1224 N Green Acres Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Morales Edgar D
Bought by
1224 Ngad Trust and Olivas
Current Estimated Value
$140,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,867
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2021
Sold by
Lewis Janet Y and Freeman Billy Dan
Bought by
Morales Edgar David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,224
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

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
1224 Ngad Trust -- None Listed On Document
1224 Ngad Trust -- None Listed On Document
Morales Edgar David -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1224 Ngad Trust $28,867
Previous Owner Morales Edgar David $96,224
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 $804 $29,411 $3,267 $26,144
2023 $815 $29,411 $3,267 $26,144
2022 $804 $29,411 $3,267 $26,144
2021 $477 $17,492 $1,831 $15,661
2020 $456 $16,983 $1,778 $15,205
2019 $449 $16,983 $1,778 $15,205
2018 $444 $16,983 $1,778 $15,205
2017 $469 $50,949 $5,334 $45,615
2016 $488 $50,949 $5,334 $45,615
2015 $447 $50,949 $5,334 $45,615
2014 -- $50,949 $5,334 $45,615
Source: Public Records

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