NOT LISTED FOR SALE

1507 El Centro Hobbs, NM 88240

Estimated Value: $332,000 - $374,000

-- Bed
-- Bath
-- Sq Ft
-- Built

About This Home

This home is located at 1507 El Centro, Hobbs, NM 88240 and is currently estimated at $348,821. 1507 El Centro 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
May 9, 2024
Sold by
Freeman Jimmy L
Bought by
1507 Wec Trust and Olives
Current Estimated Value
$352,648

Purchase Details

Closed on
Dec 29, 2020
Sold by
Rogers Niki
Bought by
Freeman Jimmy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2010
Sold by
Cook Randy E and Cook Julie A
Bought by
Stone Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,714,800
Interest Rate
4.54%
Mortgage Type
FHA
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

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Quantarium

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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
1507 Wec Trust -- None Listed On Document
Freeman Jimmy L -- Pioneer Title And Escrow
Stone Cathy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Jimmy L $284,747
Previous Owner Stone Cathy L $17,714,800
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 $2,516 $92,069 $9,667 $82,402
2023 $2,551 $92,069 $9,667 $82,402
2022 $2,518 $92,069 $9,667 $82,402
2021 $2,490 $91,268 $9,667 $81,601
2020 $2,452 $91,268 $9,667 $81,601
2019 $2,410 $91,268 $9,667 $81,601
2018 $2,384 $91,268 $9,667 $81,601
2017 $2,521 $273,804 $29,001 $244,803
2016 $2,623 $273,804 $29,001 $244,803
2015 -- $273,804 $29,001 $244,803
2014 -- $273,804 $29,001 $244,803
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1507 El Centro, Hobbs, NM

Not Listed for Sale

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