NOT LISTED FOR SALE

1616 N Penasco Dr Hobbs, NM 88240

Estimated Value: $131,000 - $143,000

2 Beds
1 Bath
1,100 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 03, 2017

Current estimated payment $767/month

14 Days on Market

Highlights

  • No HOA
  • Shed
  • 1-Story Property
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

Property to be sold in "As Is" condition. Property was built prior to 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Kyle Osborne

Coyote Property Services Listed on: 07/09/2017

Last Buyer's Agent

Chad Bridges

Keller Williams Realty - Cl/Ho License #42698

Keller Williams Realty - Cl/Ho

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1954

Lot Details

  • 7,318

Parking

  • 1 Car Attached Garage

Home Design

  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Taylor Elementry Middle School
  • Hobbs High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Taylor Ranch Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: REO Sale
  • Subdivision Name: Taylor Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Hobbs High
  • Middle Or Junior School: Taylor Elementry

Lot Info

  • Parcel #: 999

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2017
Closed on
Aug 16, 2017
Sold by
The Secretary Of Veterans Afffairs
Bought by
Clark Bennett
Seller's Agent
Kyle Osborne
Coyote Property Services
Buyer's Agent
Chad Bridges
Keller Williams Realty - Cl/Ho
List Price
$45,000
Current Estimated Value
$136,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Source: Public Records

Range of Values:

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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
Clark Bennett -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Sold -- -- --
07/23/2017 07/23/17 Pending -- -- --
07/09/2017 07/09/17 For Sale $45,000 -- $41 / Sq Ft
Source: New Mexico MLS

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 $533 $19,491 $2,732 $16,759
2023 $524 $18,923 $2,652 $16,271
2022 $503 $18,923 $2,652 $16,271
2021 $487 $17,837 $2,500 $15,337
2020 $479 $17,837 $2,500 $15,337
2019 $471 $17,837 $2,500 $15,337
2018 $466 $17,837 $2,500 $15,337
2017 $608 $66,039 $7,500 $58,539
2016 $633 $66,039 $7,500 $58,539
2015 $580 $66,039 $7,500 $58,539
2014 -- $66,039 $7,500 $58,539
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kyle Osborne

    Coyote Property Services

  • Chad Bridges

    Buyer's Agent in 2017

    Chad Bridges

    Keller Williams Realty - Cl/Ho

    (806) 252-6210

    156 Total Sales

    Chad Bridges
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Map

Source: New Mexico MLS

MLS Number: 20173452

New Mexico MLS

APN: 4000107810001

New Mexico Lea County Hobbs 88240

1616 N Penasco Dr, Hobbs, NM

This home is located at 1616 N Penasco Dr, Hobbs, NM 88240 since 09 July 2017 and is currently estimated at $136,411, approximately $124 per square foot. This property was built in 1954. 1616 N Penasco Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland 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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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