NOT LISTED FOR SALE

1516 Frog Leap Ct Hobbs, NM 88242

Estimated Value: $239,908 - $321,000

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

About This Home

This home is located at 1516 Frog Leap Ct, Hobbs, NM 88242 and is currently estimated at $276,303. 1516 Frog Leap Ct is a home with nearby schools including College Lane Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Petty Ashley R
Bought by
Petty Michael J
Current Estimated Value
$276,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,695
Outstanding Balance
$152,720
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$123,583
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
Petty Michael J -- None Available
Petty Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Michael J $173,695
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 $1,638 $59,947 $8,240 $51,707
2023 $1,612 $58,201 $8,000 $50,201
2022 $1,592 $58,201 $8,000 $50,201
2021 $1,588 $58,201 $8,000 $50,201
2020 $1,564 $58,201 $8,000 $50,201
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

1516 Frog Leap Ct, Hobbs, NM

This home is located at 1516 Frog Leap Ct, Hobbs, NM 88242 and is currently estimated at $276,303. 1516 Frog Leap Ct is a home with nearby schools including College Lane Elementary School, Houston 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.

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