NOT LISTED FOR SALE

1501 E Penasco Dr Hobbs, NM 88240

Estimated Value: $136,744 - $167,000

-- Bed
-- Bath
-- Sq Ft
5,445 Sq Ft Lot

About This Home

This home is located at 1501 E Penasco Dr, Hobbs, NM 88240 and is currently estimated at $155,248. 1501 E Penasco Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Ehart Michael R and Ehart Melissa A
Bought by
Rivera Jonathan Elizalde
Current Estimated Value
$155,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Outstanding Balance
$90,164
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2024
Sold by
Drake Carolyn L and Ehart Carolyn L
Bought by
Ehart Melissa A and Ehart Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Outstanding Balance
$90,164
Interest Rate
6.2%
Mortgage Type
New Conventional
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.

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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
Rivera Jonathan Elizalde -- First American Title Insurance
Ehart Melissa A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jonathan Elizalde $90,250
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 $261 $11,559 $1,700 $9,859
2023 $255 $11,222 $1,650 $9,572
2022 $243 $11,222 $1,650 $9,572
2021 $234 $10,577 $1,555 $9,022
2020 $222 $10,269 $1,510 $8,759
2019 $210 $9,970 $1,466 $8,504
2018 $201 $9,679 $1,423 $8,256
2017 $204 $28,194 $4,146 $24,048
2016 $205 $27,375 $4,026 $23,349
2015 $181 $26,577 $3,909 $22,668
2014 -- $25,803 $3,795 $22,008
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1501 E Penasco Dr, Hobbs, NM

This home is located at 1501 E Penasco Dr, Hobbs, NM 88240 and is currently estimated at $155,248. 1501 E Penasco Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland Middle School, and Hobbs Freshman High School.

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