NOT LISTED FOR SALE

1624 W College Ln Hobbs, NM 88242

Estimated Value: $412,000 - $520,841

-- Bed
-- Bath
-- Sq Ft
1.03 Acres

About This Home

This home is located at 1624 W College Ln, Hobbs, NM 88242 and is currently estimated at $454,614. 1624 W College Ln 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
Feb 11, 2020
Sold by
Lemke Development Inc
Bought by
Brookhart Gary R and Brookhart Diane M
Current Estimated Value
$454,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,700
Outstanding Balance
$359,147
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$95,467
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
Brookhart Gary R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brookhart Gary R $404,700
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 $4,124 $150,881 $15,450 $135,431
2023 $4,079 $147,236 $15,000 $132,236
2022 $3,323 $147,236 $15,000 $132,236
2021 $3,315 $121,496 $15,000 $106,496
2020 $2,876 $107,027 $15,000 $92,027
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

1624 W College Ln, Hobbs, NM

This home is located at 1624 W College Ln, Hobbs, NM 88242 and is currently estimated at $454,614. 1624 W College Ln 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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