$600,000
SOLD JAN 7, 2026
Last list price

2016 E Arbors Ave Hobbs, NM 88240

-- Bed
-- Bath
-- Sq Ft
0.31 Acres

Recently Sold

0 Day on Market

About This Home

As of January 2026

This home is located at 2016 E Arbors Ave, Hobbs, NM 88240 and is currently estimated at $600,000. This property was built in 2008. 2016 E Arbors Ave is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Last Agent to Sell the Property

COLTON GAINER

UNITED REALTY, LLC - HOBBS Listed on: 12/02/2025

Last Buyer's Agent

Rodney Davis

UNITED REALTY, LLC - HOBBS License #48560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,288

Year Built

  • Built in 2008

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 205 x 65

Home Design

  • Frame Construction
  • Stucco

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for electricity
  • Assessor Parcel Number 4 980 104 154 317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,288

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator, Electric Water Heater

Exterior Features

  • Acres: 0.3059
  • Construction Type: Frame, Stucco

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 205 x 65
  • Lot Size Sq Ft: 13325
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4 980 104 154 317

Rental Info

  • Owner Pays: Electricity

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4287.79

Multi Family

  • Number Of Units Total: 4
  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 18, 2020
Sold by
Lathram Jordan and Lathram Kelsey
Bought by
Lathram Jordan and Lathram Kelsey
Seller's Agent
Donnie Roberts
DONNIE ROBERTS, REALTORS LLC
Buyer's Agent
Matthew Smith
MVMT REALESTATE
List Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$352,500
Outstanding Balance
$313,675
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$215,300

Purchase Details

Closed on
Dec 14, 2011
Sold by
Western States Dev Group L L C
Bought by
R J K Properties L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2026 01/07/26 Sold -- -- --
12/02/2025 12/02/25 Pending -- -- --
12/02/2025 12/02/25 For Sale $600,000 +27.7% --
11/20/2020 11/20/20 Sold -- -- -- View Prior Sale
10/21/2020 10/21/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $470,000 -- --
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 $4,290 $156,963 $13,911 $143,052
2023 $4,222 $152,391 $13,506 $138,885
2022 $4,168 $152,391 $13,506 $138,885
2021 $4,157 $152,391 $13,506 $138,885
2020 $3,395 $126,345 $13,506 $112,839
2019 $3,337 $126,345 $13,506 $112,839
2018 $3,300 $126,345 $13,506 $112,839
2017 $3,490 $379,035 $40,518 $338,517
2016 $3,632 $379,035 $40,518 $338,517
2015 $3,402 $387,483 $39,339 $348,144
2014 -- $386,337 $38,193 $348,144
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2026

    COLTON GAINER

    UNITED REALTY, LLC - HOBBS

    (575) 631-8354

    8 Total Sales

    COLTON GAINER
    Section Image
  • Rodney Davis

    Buyer's Agent in 2026

    Rodney Davis

    UNITED REALTY, LLC - HOBBS

    (575) 942-9170

    376 Total Sales

    Rodney Davis
    Section Image
  • Donnie Roberts

    Seller's Agent in 2020

    Donnie Roberts

    DONNIE ROBERTS, REALTORS LLC

    (940) 399-0983

    26 Total Sales

    Donnie Roberts
    Section Image
  • Matthew Smith

    Buyer's Agent in 2020

    Matthew Smith

    MVMT REALESTATE

    (575) 441-3880

    109 Total Sales

    Matthew Smith
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20256820

New Mexico MLS

APN: 4980104154317

New Mexico Lea County Hobbs 88240

2016 E Arbors Ave, Hobbs, NM

Sold

MultiFamily

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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