NOT LISTED FOR SALE

1303 E Scharbauer St Hobbs, NM 88240

Estimated Value: $141,000 - $251,000

3 Beds
1.5 Baths
3,718 Sq Ft
$49/Sq Ft Est. Value

Last Sold August 16, 2022

Current estimated payment $1,060/month

23 Days on Market

Highlights

  • No HOA
  • Patio
  • Tile Flooring
  • Refrigerated Cooling System
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Hud Housing Case# 361-339584, Sold As IS with/all faults. No Warranties implied or expressed by the Seller. All inspections are to be paid by the Buyer. A large home which features 3 bed, 1.5 baths, family room with 2 large bonus rooms. This property was previously used as a Nursery this could also be commercial property. It's located across from the High School. Please call us for a home tour.

Last Agent to Sell the Property

Martha Thomas

Casa Oasis Realty Listed on: 06/22/2022

Last Buyer's Agent

BELEN MEDRANO

UNITED REALTY, LLC - HOBBS License #50863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,718 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pribble Bros Add Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 4000162500001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,277

Year Built

Built in 1955

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: REO Sale, Real Estate Owned
  • Subdivision Name: Pribble Bros Add
  • Carport Y N: No
  • Reso Flooring: Tile, Concrete
  • Garage Yn: No
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Acres: 0.3341
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Electric, Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 14555.28
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000162500001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1276.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Housing And Urban Development
Current Estimated Value
$181,726

Purchase Details

Closed on
Mar 3, 2020
Sold by
County Of Lea
Bought by
Lakeview Loan Servicing Llc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Secretary Of Housing And Urban Development -- None Listed On Document
Lakeview Loan Servicing Llc $115,520 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold -- -- --
07/15/2022 07/15/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $140,400 -- $38 / Sq Ft
Source: New Mexico MLS

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 $1,157 $42,337 $4,739 $37,598
2023 $1,139 $41,104 $4,601 $36,503
2022 $1,092 $41,104 $4,601 $36,503
2021 $1,089 $39,907 $4,467 $35,440
2020 $1,072 $39,907 $4,467 $35,440
2019 $1,054 $39,907 $4,467 $35,440
2018 $1,042 $39,907 $4,467 $35,440
2017 $1,102 $119,721 $13,401 $106,320
2016 $1,147 $119,721 $13,401 $106,320
2015 $1,051 $119,721 $13,401 $106,320
2014 -- $119,721 $13,401 $106,320
Source: Public Records

Agents Affiliated with this Home

  • Martha Thomas

    Seller's Agent in 2022

    Martha Thomas

    Casa Oasis Realty

    (575) 390-8104

    143 Total Sales

    Martha Thomas
    Section Image

  • B

    Buyer's Agent in 2022

    BELEN MEDRANO

    UNITED REALTY, LLC - HOBBS

    (575) 631-2568

    18 Total Sales

    BELEN MEDRANO
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20223438

New Mexico MLS

APN: 4000162500001

New Mexico Lea County Hobbs 88240

1303 E Scharbauer St, Hobbs, NM

This home is located at 1303 E Scharbauer St, Hobbs, NM 88240 since 22 June 2022 and is currently estimated at $181,726, approximately $48 per square foot. This property was built in 1955. 1303 E Scharbauer St is a home located in Lea County with nearby schools including Murray Elementary School, Houston Middle School, and Hobbs 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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes