NOT LISTED FOR SALE

1603 W Camino Del Arco Hobbs, NM 88240

Estimated Value: $299,000 - $357,000

-- Bed
-- Bath
-- Sq Ft
8,015 Sq Ft Lot

About This Home

This home is located at 1603 W Camino Del Arco, Hobbs, NM 88240 and is currently estimated at $324,393. 1603 W Camino Del Arco 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
Aug 5, 2022
Sold by
Anne Moran Brenda
Bought by
Sadeghmoghaddam Gholamreza
Current Estimated Value
$324,393

Purchase Details

Closed on
Nov 2, 2010
Sold by
Sadeghmoghaddam Gholamreza and Gholizadeh Marzieh
Bought by
Sadeghmoghaddam Gholamreza and Gholizadeh Marzieh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,870,000
Interest Rate
4.27%
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

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
Sadeghmoghaddam Gholamreza -- First American Title
Sadeghmoghaddam Gholamreza -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadeghmoghaddam Gholamreza $21,870,000
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 $2,209 $80,838 $8,629 $72,209
2023 $2,174 $78,484 $8,378 $70,106
2022 $2,084 $78,484 $8,378 $70,106
2021 $2,018 $73,979 $7,897 $66,082
2020 $1,930 $71,824 $7,667 $64,157
2019 $1,897 $71,824 $7,667 $64,157
2018 $1,876 $71,824 $7,667 $64,157
2017 $1,984 $215,472 $23,001 $192,471
2016 $2,064 $215,472 $23,001 $192,471
2015 $1,892 $215,472 $23,001 $192,471
2014 -- $215,472 $23,001 $192,471
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1603 W Camino Del Arco, Hobbs, NM

Not Listed for Sale

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