Estimated Value: $581,000
Studio
--
Bath
1,452
Sq Ft
$400/Sq Ft
Est. Value
About This Home
This home is located at 228 E Navajo Dr, Hobbs, NM 88240 and is currently priced at $581,000, approximately $400 per square foot. 228 E Navajo Dr is a home located in Lea County with nearby schools including Mills Elementary School, Highland Middle School, and Hobbs Freshman High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2022
Sold by
Torrer Joann and Penick Dwayne
Bought by
Penick Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,823,440
Outstanding Balance
$688,717
Interest Rate
3.76%
Purchase Details
Closed on
Oct 31, 2017
Sold by
Penick Dwayne and Penick Joann
Bought by
Penick Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$803,987
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 9, 2014
Sold by
George George and Wiebe Mary
Bought by
Penick Dwayne and Penick Joann
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Penick Properties Llc | -- | First American Title | |
| Penick Properties Llc | -- | First American Title | |
| Penick Properties Llc | -- | None Available | |
| Penick Dwayne | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Penick Properties Llc | $1,823,440 | |
| Closed | Penick Properties Llc | $1,823,440 | |
| Closed | Penick Properties Llc | $1,823,440 | |
| Previous Owner | Penick Properties Llc | $803,987 |
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 |
|---|---|---|---|---|
| 2025 | $9,159 | $265,494 | $48,835 | $216,659 |
| 2024 | $9,161 | $265,494 | $48,835 | $216,659 |
| 2023 | $8,452 | $244,918 | $47,413 | $197,505 |
| 2022 | $8,111 | $244,918 | $47,413 | $197,505 |
| 2021 | $8,068 | $236,443 | $44,691 | $191,752 |
| 2020 | $7,884 | $235,141 | $43,389 | $191,752 |
| 2019 | $7,547 | $228,292 | $42,125 | $186,167 |
| 2018 | $1,347 | $40,898 | $40,898 | $0 |
| 2017 | $1,383 | $119,121 | $119,121 | $0 |
| 2016 | $1,382 | $115,650 | $115,650 | $0 |
| 2015 | $1,272 | $115,650 | $115,650 | $0 |
| 2014 | -- | $115,650 | $115,650 | $0 |
Source: Public Records
Map
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