NOT LISTED FOR SALE

1609 E Rancho Rd Hobbs, NM 88242

Estimated Value: $178,000 - $322,000

Studio
-- Bath
-- Sq Ft
1.2 Acre Lot

About This Home

This home is located at 1609 E Rancho Rd, Hobbs, NM 88242 and is currently estimated at $243,678. 1609 E Rancho Rd is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Range of Values:

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Value Increase
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Percent Increase
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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
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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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,086 $48,894 $1,123 $47,771
2024 $1,066 $47,470 $1,090 $46,380
2023 $1,047 $46,087 $1,058 $45,029
2022 $999 $46,087 $1,058 $45,029
2021 $966 $43,441 $997 $42,444
2020 $918 $42,176 $968 $41,208
2019 $872 $40,948 $940 $40,008
2018 $836 $39,756 $913 $38,843
2017 $868 $115,794 $2,658 $113,136
2016 $881 $112,422 $2,580 $109,842
2015 $777 $110,340 $3,696 $106,644
2014 -- $107,127 $3,588 $103,539
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

1609 E Rancho Rd, Hobbs, NM

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