NOT LISTED FOR SALE

1403 N Pennington Dr Hobbs, NM 88240

Estimated Value: $113,000 - $174,000

4 Beds
1.5 Baths
1,400 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 18, 2022

Current estimated payment $878/month

122 Days on Market

Highlights

  • No HOA
  • Shed
  • Attached Carport
  • Refrigerated and Evaporative Cooling System
  • Tile Flooring
  • 1-Story Property

About This Home

As of March 2022

Curbside appeal cute corner lot home that is ready for a new family or investment property! See this 4 bedroom, 1 3/4 bath, fireplace, metal roof, storage building, and two patios for entertaining!

Last Agent to Sell the Property

JOSEPHINA MARQUEZ

CORE REALTY GROUP License #52652 Listed on: 09/28/2021

Last Buyer's Agent

ARIEL GUERRA

UNITED REALTY, LLC - HOBBS License #51472

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1955

Lot Details

  • 5,576

Parking

  • Attached Carport

Home Design

  • Metal Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Natural Gas Connected

Additional Features

  • Shed
  • Irregular Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000112050001

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

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
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Tile
  • Garage Yn: No
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Free Standing
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000112050001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 335.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Mar 18, 2022
Sold by
Alvarez Originales and Alvarez Clara
Bought by
Rios Martin Eduardo Mart and Gonzalez Karen Dayanna
Seller's Agent
JOSEPHINA MARQUEZ
CORE REALTY GROUP
Buyer's Agent
ARIEL GUERRA
UNITED REALTY, LLC - HOBBS
List Price
$137,500
Current Estimated Value
$149,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$123,750
Outstanding Balance
$115,931
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$33,200

Purchase Details

Closed on
May 12, 2011
Sold by
Originales Jose and Originals Rosorio
Bought by
Originals Ricardo
Source: Public Records

Range of Values:

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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
Rios Martin Eduardo Mart -- Pioneer Title
Originals Ricardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Martin Eduardo Mart $123,750
Closed Rios Martin Eduardo Mart $12,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold -- -- --
01/28/2022 01/28/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $137,500 0.0% $98 / Sq Ft
01/23/2022 01/23/22 Price Changed $137,500 +1.9% $98 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $135,000 -- $96 / 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 $1,059 $38,736 $4,583 $34,153
2023 $1,073 $38,736 $4,583 $34,153
2022 $347 $38,736 $4,583 $34,153
2021 $336 $12,313 $1,083 $11,230
2020 $321 $11,954 $1,051 $10,903
2019 $306 $11,605 $1,020 $10,585
2018 $294 $11,267 $990 $10,277
2017 $302 $32,817 $2,883 $29,934
2016 $305 $31,860 $2,799 $29,061
2015 $272 $30,933 $2,718 $28,215
2014 -- $30,033 $2,640 $27,393
Source: Public Records

Agents Affiliated with this Home

  • JOSEPHINA MARQUEZ

    Seller's Agent in 2022

    JOSEPHINA MARQUEZ

    CORE REALTY GROUP

    (575) 390-9594

    27 Total Sales

    JOSEPHINA MARQUEZ
    Section Image

  • A

    Buyer's Agent in 2022

    ARIEL GUERRA

    UNITED REALTY, LLC - HOBBS

    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20215304

New Mexico MLS

APN: 4000112050001

New Mexico Lea County Hobbs 88240

1403 N Pennington Dr, Hobbs, NM

This home is located at 1403 N Pennington Dr, Hobbs, NM 88240 since 28 September 2021 and is currently estimated at $149,131, approximately $106 per square foot. This property was built in 1955. 1403 N Pennington Dr is a home located in Lea County with nearby schools including Jefferson Elementary School, Heizer 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.

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.

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