NOT LISTED FOR SALE

1717 N Grimes St Hobbs, NM 88240

Estimated Value: $643,000 - $648,256

-- Bed
3 Baths
7,875 Sq Ft
$82/Sq Ft Est. Value

About This Home

This home is located at 1717 N Grimes St, Hobbs, NM 88240 and is currently estimated at $645,628, approximately $81 per square foot. 1717 N Grimes St is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Latimer Properties Llc
Bought by
Lujan Gloria
Current Estimated Value
$645,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$91,415
Interest Rate
5.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$284,239

Purchase Details

Closed on
Jan 17, 2020
Sold by
Latimer Gary D and Latimer Nelda Jo
Bought by
Latimer Properties Llc
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
Lujan Gloria -- First American Title Ins Co
Latimer Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lujan Gloria $250,000
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 $5,818 $168,620 $21,251 $147,369
2023 $2,084 $60,399 $20,632 $39,767
2022 $2,000 $60,399 $20,632 $39,767
2021 $1,935 $56,715 $19,448 $37,267
2020 $1,883 $56,149 $18,882 $37,267
2019 $1,802 $54,514 $18,332 $36,182
2018 $1,759 $53,408 $17,798 $35,610
2015 $34 $171,417 $50,331 $121,086
2014 $31 $172,995 $50,331 $122,664
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1717 N Grimes St, Hobbs, NM

This home is located at 1717 N Grimes St, Hobbs, NM 88240 and is currently estimated at $645,628, approximately $81 per square foot. 1717 N Grimes St is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer 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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