NOT LISTED FOR SALE

2302 N Juniper Ln Hobbs, NM 88240

Estimated Value: $696,000

4 Beds
3 Baths
-- Sq Ft
0.31 Acres

Last Sold June 26, 2019

Current estimated payment $4,033/month

247 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of June 2019

Fantastic Opportunity for Rental Income property 100% occupied with monthly rental income of 3 beds at each and 2 beds Rental income potential has a higher projected value and market has been improving There is an opportunity to do an assumption on this property of an existing FHA loan

Last Agent to Sell the Property

Chad Bridges

Keller Williams Realty - Cl/Ho License #42698 Listed on: 09/09/2018

Keller Williams Realty - Cl/Ho

Last Buyer's Agent

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 2006

Lot Details

  • 0.31

Home Design

  • Slab Foundation
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Irregular Lot
  • Central Air

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4980104142448

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,112

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Take Bender to Ranch Land Drive, turn left east arbors, left on North Juniper
  • Year Built: 2006
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Reso Flooring: Carpet, Tile
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Slab

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4980104142448

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2018
Closed on
Jun 27, 2019
Sold by
Schmorleitz Michael and Provost Katherine J
Bought by
Rivas Properties Llc
Seller's Agent
Chad Bridges
Keller Williams Realty - Cl/Ho
Buyer's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$480,000
Current Estimated Value
$696,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$391,850
Outstanding Balance
$265,087
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$430,913

Purchase Details

Closed on
Aug 27, 2010
Sold by
Western States Developement Group Inc
Bought by
Schmorleitz Michael and Provost Katherine J
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rivas Properties Llc -- None Available
Schmorleitz Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Properties Llc $391,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold -- -- --
05/14/2019 05/14/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $470,000 -2.1% --
09/09/2018 09/09/18 For Sale $480,000 -- --
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 $4,112 $150,444 $15,828 $134,616
2023 $4,047 $146,063 $15,367 $130,696
2022 $3,995 $146,063 $15,367 $130,696
2021 $3,985 $146,063 $15,367 $130,696
2020 $3,925 $146,063 $15,367 $130,696
2019 $4,123 $156,118 $29,332 $126,786
2018 $4,078 $156,118 $29,332 $126,786
2017 $4,312 $468,354 $87,996 $380,358
2016 $4,487 $468,354 $87,996 $380,358
2015 $4,112 $468,354 $87,996 $380,358
2014 -- $468,354 $87,996 $380,358
Source: Public Records

Agents Affiliated with this Home

  • Chad Bridges

    Seller's Agent in 2019

    Chad Bridges

    Keller Williams Realty - Cl/Ho

    (806) 252-6210

    156 Total Sales

    Chad Bridges
    Section Image
  • LEEROY RIVAS

    Buyer's Agent in 2019

    LEEROY RIVAS

    Rivas Real Estate Team Co.

    (575) 318-6228

    414 Total Sales

    LEEROY RIVAS
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20184247

New Mexico MLS

APN: 4980104142448

New Mexico Lea County Hobbs 88240

2302 N Juniper Ln, Hobbs, NM

This home is located at 2302 N Juniper Ln, Hobbs, NM 88240 since 09 September 2018 and is currently estimated at $696,000. This property was built in 2006. 2302 N Juniper Ln is a home located in Lea County with nearby schools including Coronado Elementary School, Highland 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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes