NOT LISTED FOR SALE

1702 E Katy Ln Hobbs, NM 88242

Estimated Value: $177,597 - $242,000

-- Bed
-- Bath
-- Sq Ft
0.8 Acres

About This Home

This home is located at 1702 E Katy Ln, Hobbs, NM 88242 and is currently estimated at $206,199. 1702 E Katy Ln is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Flowers Russell W and Flowers Shannon M
Bought by
Flower Shannon M
Current Estimated Value
$206,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Outstanding Balance
$88,568
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$117,631

Purchase Details

Closed on
Mar 26, 2014
Sold by
Shannon Marie Shannon Marie and Flowers Shannon M
Bought by
Flowers Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,060,000
Interest Rate
4.41%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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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

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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
Flower Shannon M -- None Available
Flowers Shannon M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Shannon M $121,000
Previous Owner Flowers Shannon M $13,060,000
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 $1,022 $45,605 $4,597 $41,008
2023 $1,004 $44,277 $4,463 $39,814
2022 $958 $44,277 $4,463 $39,814
2021 $955 $42,987 $4,333 $38,654
2020 $936 $42,987 $4,333 $38,654
2019 $918 $42,987 $4,333 $38,654
2018 $907 $42,987 $4,333 $38,654
2017 $972 $128,961 $12,999 $115,962
2016 $1,018 $128,961 $12,999 $115,962
2015 $916 $128,961 $12,999 $115,962
2014 -- $128,961 $12,999 $115,962
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

1702 E Katy Ln, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 1702 E Katy Ln, Hobbs, NM 88242 and is currently estimated at $206,199. 1702 E Katy Ln is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

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