NOT LISTED FOR SALE

1607 W Ponderosa Rd Hobbs, NM 88242

Estimated Value: $276,226 - $327,000

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

About This Home

This home is located at 1607 W Ponderosa Rd, Hobbs, NM 88242 and is currently estimated at $293,409. 1607 W Ponderosa Rd 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
Jan 9, 2023
Sold by
Lemke Development Inc
Bought by
Fernandez Carols Duncan and Pinon Stephanie
Current Estimated Value
$293,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,326
Outstanding Balance
$245,463
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$47,946
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
Fernandez Carols Duncan -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Carols Duncan $253,326
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 $2,289 $83,756 $10,000 $73,756
2023 $2,374 $85,702 $10,000 $75,702
2022 $2,671 $85,702 $10,000 $75,702
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

1607 W Ponderosa Rd, Hobbs, NM

This home is located at 1607 W Ponderosa Rd, Hobbs, NM 88242 and is currently estimated at $293,409. 1607 W Ponderosa Rd 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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