NOT LISTED FOR SALE

201 E Palace Ave Hobbs, NM 88240

Estimated Value: $76,000 - $180,203

4 Beds
1 Bath
1,374 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 23, 2020

Current estimated payment $843/month

8 Days on Market

Highlights

  • No HOA
  • Shed
  • Attached Carport
  • Covered Patio or Porch
  • Tile Flooring
  • 4-minute walk to Heizer Park

About This Home

As of September 2020

Updated home near schools and public pool! This 4 bedroom home also features gorgeous finishes in the bathroom and kitchen, a beautifully landscaped front and back yard, two covered carports, and an additional sitting area in the master bedroom.

Last Agent to Sell the Property

ALLIE ETIER

Found Real Estate License #51017 Listed on: 08/04/2020

Last Buyer's Agent

Alex Henderson

Nexus Real Estate License #52363

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1950

Lot Details

  • 8,100 Sq Ft Lot
  • Fenced

Parking

  • 4 Car Garage
  • Attached Carport

Home Design

  • Flat Roof Shape
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000137480001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Directions: South on Turner, East on Palace
  • New Construction: No
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: Yes
  • Reso Flooring: Tile, Vinyl
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Flat, Pitched, Shingle
  • Fencing: Fenced
  • Acres: 0.186
  • Construction Type: Block - Cinder
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Attached Carport
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 60’ x 135’
  • Lot Size Sq Ft: 8100
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000137480001

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1294.05

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 23, 2020
Sold by
Davidson Jody and Davidson Leslie
Bought by
Davidson Leslie
Seller's Agent
ALLIE ETIER
Found Real Estate
Buyer's Agent
Alex Henderson
Nexus Real Estate
List Price
$147,000
Current Estimated Value
$140,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$126,957
Outstanding Balance
$112,666
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$27,635

Purchase Details

Closed on
Jan 10, 2020
Sold by
Lynch Maria Luisa and Lynch Maria Luisa
Bought by
Aranda Carmen G and Aranda Luis A
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
Davidson Leslie -- First American Title Ins Co
Davidson Jody -- First American Title Ins Co
Aranda Carmen G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Leslie $126,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold -- -- --
08/12/2020 08/12/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $147,000 -- $107 / 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 $1,156 $42,285 $4,463 $37,822
2023 $1,137 $41,053 $4,333 $36,720
2022 $1,123 $41,053 $4,333 $36,720
2021 $1,120 $41,053 $4,333 $36,720
2020 $510 $18,972 $748 $18,224
2019 $434 $18,419 $726 $17,693
2018 $415 $17,883 $705 $17,178
2017 $424 $52,086 $2,052 $50,034
2016 $427 $50,568 $1,992 $48,576
2015 $378 $49,095 $1,935 $47,160
2014 -- $47,664 $1,878 $45,786
Source: Public Records

Agents Affiliated with this Home

  • ALLIE ETIER

    Seller's Agent in 2020

    ALLIE ETIER

    Found Real Estate

    (575) 201-3123

    60 Total Sales

    ALLIE ETIER
    Section Image
  • Alex Henderson

    Buyer's Agent in 2020

    Alex Henderson

    Nexus Real Estate

    (575) 441-0363

    36 Total Sales

    Alex Henderson
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20203441

New Mexico MLS

APN: 4000137480001

New Mexico Lea County Hobbs 88240

201 E Palace Ave, Hobbs, NM

This home is located at 201 E Palace Ave, Hobbs, NM 88240 since 04 August 2020 and is currently estimated at $140,301, approximately $102 per square foot. This property was built in 1950. 201 E Palace Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs 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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