NOT LISTED FOR SALE

2318 N Desert Willow Ln Hobbs, NM 88240

Estimated Value: $632,225

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

Last Sold April 30, 2021

Current estimated payment $3,696/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of April 2021

This home is located at 2318 N Desert Willow Ln, Hobbs, NM 88240 since 24 March 2021 and is currently estimated at $632,225. This property was built in 2013. 2318 N Desert Willow Ln 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

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945 Listed on: 03/24/2021

Last Buyer's Agent

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945 Listed on: 03/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 2013

Lot Details

  • 0.31

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Stucco

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter

Additional Features

  • 1-Story Property
  • Irregular Lot

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4980104145519

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,210

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Year Built: 2013
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Non-Arm Length Sale (Related Par
  • Reso Flooring: Carpet, Tile
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Construction Type: Stucco
  • Foundation Details: Slab

Utilities

  • Electric: Meters(Electric Separate)
  • Gas: Meters(Gas Separate)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Meters(Water Separate)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4980104145519

Multi Family

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

Tax Info

  • Tax Annual Amount: 4209.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 13, 2021
Sold by
Schneider Chantell and Schneider Caleb
Bought by
Rivas Properties Llc
Seller's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
Buyer's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$470,000
Current Estimated Value
$632,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$470,000
Outstanding Balance
$281,066
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$351,159

Purchase Details

Closed on
Aug 30, 2013
Sold by
Western States Development Group Llc
Bought by
Wittman Chantell
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rivas Properties Llc -- First American Title Ins Co
Wittman Chantell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Properties Llc $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold -- -- --
03/26/2021 03/26/21 Pending -- -- --
03/24/2021 03/24/21 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 $4,124 $150,905 $16,000 $134,905
2023 $4,181 $150,905 $16,000 $134,905
2022 $4,127 $150,905 $16,000 $134,905
2021 $4,117 $150,905 $16,000 $134,905
2020 $4,055 $150,905 $16,000 $134,905
2019 $3,985 $150,905 $16,000 $134,905
2018 $3,942 $150,905 $16,000 $134,905
2017 $4,168 $452,715 $48,000 $404,715
2016 $4,337 $452,715 $48,000 $404,715
2015 $3,975 $452,715 $48,000 $404,715
2014 -- $452,715 $48,000 $404,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20212314

New Mexico MLS

APN: 4980104145519