NOT LISTED FOR SALE

1601 El Centro Hobbs, NM 88240

Estimated Value: $297,000 - $365,000

-- Bed
-- Bath
-- Sq Ft
9,801 Sq Ft Lot

About This Home

This home is located at 1601 El Centro, Hobbs, NM 88240 and is currently estimated at $333,269. 1601 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
Feb 16, 2018
Sold by
Rizk Hala and Rizk Hala Fateh Elbab Edessouki
Bought by
Sherif Ali M and Sherif Ali Mohamed
Current Estimated Value
$333,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Outstanding Balance
$48,603
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$284,666

Purchase Details

Closed on
Oct 4, 2010
Sold by
Mcmillan John I and Mcmillan Katherine L
Bought by
Sherif Ali Mohamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,172,000
Interest Rate
4.39%
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
Sherif Ali M -- None Available
Sherif Ali Mohamed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherif Ali M $174,000
Previous Owner Sherif Ali Mohamed $22,172,000
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 $2,464 $90,146 $11,785 $78,361
2023 $2,425 $87,521 $11,442 $76,079
2022 $2,324 $87,521 $11,442 $76,079
2021 $2,251 $82,497 $10,785 $71,712
2020 $2,152 $80,094 $10,471 $69,623
2019 $2,115 $80,094 $10,471 $69,623
2018 $2,092 $80,094 $10,471 $69,623
2017 $2,212 $240,282 $31,413 $208,869
2016 $2,302 $240,282 $31,413 $208,869
2015 $2,110 $240,282 $31,413 $208,869
2014 -- $240,282 $31,413 $208,869
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1601 El Centro, Hobbs, NM

Not Listed for Sale

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