NOT LISTED FOR SALE

1507 E Penasco Dr Hobbs, NM 88240

Estimated Value: $111,000 - $181,000

3 Beds
1 Bath
1,442 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 11, 2019

Current estimated payment $851/month

12 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Fenced
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2019

Great home centrally located. Close proximity to school. 3 bedrooms with 1 full bathroom. Extra large den could be used as a fourth bedroom. Large yard with an over sized covered patio. Eat in kitchen. Fireplace in the living room. Take a look today

Last Agent to Sell the Property

ANNA ORTIZ

BERKSHIRE HATHAWAY HOMES SERVICES ENCHANTED LANDS - CLOVIS License #44748 Listed on: 02/21/2019

BERKSHIRE HATHAWAY HOMES SERVICES ENCHANTED LANDS - CLOVIS

Last Buyer's Agent

Monica Gutierrez

Casa Oasis Realty License #51061

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,442 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 4000041790001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

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
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti, Real Estate Owned
  • Carport Y N: No
  • Reso Flooring: Carpet, Laminate, Tile, Vinyl
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Acres: 0.1722
  • Construction Type: Brick, Frame
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000041790001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 11, 2019
Sold by
Rivera Jonathan and Rivera Jonathan E
Bought by
Rivera Jonathan E
Seller's Agent
ANNA ORTIZ
BERKSHIRE HATHAWAY HOMES SERVICES ENCHANTED LANDS - CLOVIS
Buyer's Agent
Monica Gutierrez
Casa Oasis Realty
List Price
$79,900
Current Estimated Value
$152,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$71,100
Outstanding Balance
$62,510
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$90,285

Purchase Details

Closed on
Oct 5, 2018
Sold by
Warden Victor D and Maez Veronica
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 20, 2015
Sold by
Victor D Victor D and Maez Veronica
Bought by
Warden Victor D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rivera Jonathan E -- None Available
Rivera Jonathan -- None Available
Federal National Mortgage Association -- None Available
Warden Victor D -- --
Warden Victor D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jonathan $71,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Sold -- -- --
03/05/2019 03/05/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $79,900 -- $55 / 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 $719 $28,300 $2,712 $25,588
2023 $706 $27,476 $2,633 $24,843
2022 $697 $27,476 $2,633 $24,843
2021 $695 $27,476 $2,633 $24,843
2020 $685 $27,476 $2,633 $24,843
2019 $715 $27,085 $2,500 $24,585
2018 $708 $27,085 $2,500 $24,585
2017 $748 $81,255 $7,500 $73,755
2016 $779 $81,255 $7,500 $73,755
2015 $713 $81,255 $7,500 $73,755
2014 -- $81,255 $7,500 $73,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20190823

New Mexico MLS

APN: 4000041790001