NOT LISTED FOR SALE

1404 E Rancho Rd Hobbs, NM 88242

Estimated Value: $247,000 - $293,583

3 Beds
2 Baths
1,715 Sq Ft
$158/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2025

Current estimated payment $1,501 / mo

5 Days on Market

Highlights

  • RV Hookup
  • No HOA
  • Forced Air Heating and Cooling System
  • 4.24 Acre Lot
  • Surveillance System
  • Wood Burning Fireplace

About This Home

As of June 2025

This home is located at 1404 E Rancho Rd, Hobbs, NM 88242 since 09 May 2025 and is currently estimated at $270,646, approximately $157 per square foot. This property was built in 1970. 1404 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.

Last Agent to Sell the Property

Monica Gutierrez

Elevated Realty License #REC-2026-0158 Listed on: 05/09/2025

Last Buyer's Agent

ERIKA REZA

UNITED REALTY, LLC - HOBBS License #54871

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,992

Year Built

  • Built in 1970

Lot Details

  • 4.24 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,715 Sq Ft Home
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Surveillance System
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • RV Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000405740001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,992

Year Built

Built in 1970

Lot Details

4.24 Acres

Listing Details

  • New Construction: No
  • Year Built: 1970
  • Prop. Type: Residential
  • ResoSecurityFeatures: Audio/Video Surveillance
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Vinyl
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood Burning
  • Appliances: Free-Standing Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Roof: Shingle
  • Acres: 4.24
  • Exterior Features: RV Hookup

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 184694.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000405740001

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1992.08

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 25, 2025
Sold by
Briggs James Travis
Bought by
Hernandez Guayava Jeronimo
Seller's Agent
Monica Gutierrez
Elevated Realty
Buyer's Agent
ERIKA REZA
UNITED REALTY, LLC - HOBBS
List Price
$255,000
Views
20
Current Estimated Value
$270,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.95%
Original Mortgage
$49,000
Outstanding Balance
$48,832
Interest Rate
6.81%
Estimated Equity
$221,814

Purchase Details

Listed on
Oct 21, 2019
Closed on
Feb 18, 2020
Sold by
Sherwood Douglas L and Sherwood Carolyn S
Bought by
Briggs James Travis
Seller's Agent
Cindy Shoobridge
ROBINSON & ASSOCIATES REAL ESTATE
Buyer's Agent
DUSTY ROBINSON
ROBINSON & ASSOCIATES REAL ESTATE
List Price
$197,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$186,868
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hernandez Guayava Jeronimo -- Pioneer Title
Hernandez Guayava Jeronimo -- Pioneer Title
Briggs James Travis -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Guayava Jeronimo $49,000
Closed Hernandez Guayava Jeronimo $49,000
Open Hernandez Guayava Jeronimo $212,800
Closed Hernandez Guayava Jeronimo $212,800
Previous Owner Briggs James Travis $186,868
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2025 06/26/25 Sold -- -- --
05/14/2025 05/14/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $255,000 +34.2% $149 / Sq Ft
01/22/2020 01/22/20 Sold -- -- -- View Prior Sale
12/12/2019 12/12/19 Pending -- -- --
12/05/2019 12/05/19 Price Changed $190,000 -4.0% $110 / Sq Ft
10/21/2019 10/21/19 For Sale $197,900 -- $115 / Sq Ft
Source: New Mexico MLS

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
2025 $794 $34,287 $3,864 $30,423
2024 $780 $33,288 $3,751 $29,537
2023 $767 $32,319 $3,642 $28,677
2022 $733 $32,319 $3,642 $28,677
2021 $731 $31,378 $3,536 $27,842
2020 $717 $31,378 $3,536 $27,842
2019 $658 $31,378 $3,536 $27,842
2018 $650 $31,378 $3,536 $27,842
2017 $697 $94,134 $10,608 $83,526
2016 $729 $94,134 $10,608 $83,526
2015 $656 $94,134 $10,608 $83,526
2014 -- $94,134 $10,608 $83,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20252704

New Mexico MLS

APN: 4000405740001

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