NOT LISTED FOR SALE

1404 W Scharbauer St Hobbs, NM 88240

Estimated Value: $110,000 - $144,000

2 Beds
1 Bath
996 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 07, 2020

Current estimated payment $766/month

Highlights

  • Wood Flooring
  • Detached Carport Space
  • 1-Story Property
  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Bensing Park

About This Home

As of May 2020

This home is located at 1404 W Scharbauer St, Hobbs, NM 88240 since 24 March 2020 and is currently estimated at $131,316, approximately $131 per square foot. This property was built in 1965. 1404 W Scharbauer St is a home located in Lea County with nearby schools including Jefferson Elementary School, Heizer Middle School, and Hobbs Freshman High School.

Last Agent to Sell the Property

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945 Listed on: 03/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1965

Lot Details

  • 8,040 Sq Ft Lot
  • Lot Dimensions are 60 x 134

Parking

  • Detached Carport Space

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000113890001

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1965

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Laminate
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Metal, Pitched
  • Acres: 0.1846

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Carport

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60 x 134
  • Lot Size Sq Ft: 8040
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000113890001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 880.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Apr 5, 2020
Sold by
Davis Curtis C
Bought by
Jurado Anthony and Jurado Emily
Seller's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$100,000
Current Estimated Value
$131,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$98,188
Outstanding Balance
$87,146
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$44,170

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 9, 2019
Sold by
Bigbee Michael and Bigbee Sandra
Bought by
Davis Curtis C
Seller's Agent
Erin Anderson
PERMIAN REAL ESTATE
Buyer's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$85,500
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Jurado Anthony -- Pioneer Title And Escrow
Davis Curtis C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jurado Anthony $98,188
Previous Owner Davis Curtis C $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2020 05/07/20 Sold -- -- --
03/24/2020 03/24/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $100,000 +2.0% $100 / Sq Ft
07/10/2019 07/10/19 Sold -- -- -- View Prior Sale
05/22/2019 05/22/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $98,000 +40.0% $98 / Sq Ft
08/24/2016 08/24/16 Sold -- -- -- View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $70,000 -- $72 / 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 $808 $29,564 $3,333 $26,231
2023 $819 $29,564 $3,333 $26,231
2022 $809 $29,564 $3,333 $26,231
2021 $807 $29,564 $3,333 $26,231
2020 $741 $27,572 $3,333 $24,239
2019 $514 $21,477 $3,333 $18,144
2018 $561 $21,477 $3,333 $18,144
2017 $593 $64,431 $9,999 $54,432
2016 $209 $21,849 $1,992 $19,857
2015 $186 $21,213 $1,935 $19,278
2014 -- $20,595 $1,878 $18,717
Source: Public Records

Agents Affiliated with this Home

  • LEEROY RIVAS

    Seller's Agent in 2020

    LEEROY RIVAS

    Rivas Real Estate Team Co.

    (575) 318-6228

    414 Total Sales

    LEEROY RIVAS
    Section Image
  • Erin Anderson

    Seller's Agent in 2019

    Erin Anderson

    PERMIAN REAL ESTATE

    (575) 694-4717

    20 Total Sales

    Erin Anderson
    Section Image

  • C

    Seller's Agent in 2016

    CASSIE DeLEON

    EDGE REALTY GROUP

    (575) 441-2613

    17 Total Sales

    CASSIE DeLEON
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20201499

New Mexico MLS

APN: 4000113890001

New Mexico Lea County Hobbs 88240

1404 W Scharbauer St, Hobbs, NM

This home is located at 1404 W Scharbauer St, Hobbs, NM 88240 since 24 March 2020 and is currently estimated at $131,316, approximately $131 per square foot. This property was built in 1965. 1404 W Scharbauer St 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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