NOT LISTED FOR SALE

1405 W Camino Del Arco Hobbs, NM 88240

Estimated Value: $274,126 - $368,000

-- Bed
-- Bath
-- Sq Ft
8,538 Sq Ft Lot

About This Home

This home is located at 1405 W Camino Del Arco, Hobbs, NM 88240 and is currently estimated at $309,282. 1405 W Camino Del Arco is a home located in Lea County with nearby schools including Stone Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2012
Sold by
Jackson Levi M and Jackson Jamie
Bought by
May Leonard Dale and May Joy L
Current Estimated Value
$309,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,750,000
Outstanding Balance
$6,791,661
Interest Rate
3.68%
Mortgage Type
FHA
Estimated Equity
-$6,482,379
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
May Leonard Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Leonard Dale $15,750,000
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 $1,529 $57,933 $6,556 $51,377
2023 $1,503 $56,246 $6,365 $49,881
2022 $1,439 $56,246 $6,365 $49,881
2021 $1,392 $53,017 $6,000 $47,017
2020 $1,371 $53,017 $6,000 $47,017
2019 $1,347 $53,017 $6,000 $47,017
2018 $1,333 $53,017 $6,000 $47,017
2017 $1,409 $159,051 $18,000 $141,051
2016 $1,466 $159,051 $18,000 $141,051
2015 $1,344 $159,051 $18,000 $141,051
2014 $1,293 $159,051 $18,000 $141,051
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1405 W Camino Del Arco, Hobbs, NM

Not Listed for Sale

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