NOT LISTED FOR SALE

2408 Silver Cir Hobbs, NM 88240

Estimated Value: $208,000 - $278,000

-- Bed
-- Bath
-- Sq Ft
10,585 Sq Ft Lot

About This Home

This home is located at 2408 Silver Cir, Hobbs, NM 88240 and is currently estimated at $235,042. 2408 Silver Cir 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
Oct 17, 2018
Sold by
Richardson Wayne
Bought by
Cecil Jim
Current Estimated Value
$235,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$265,335
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
-$46,996

Purchase Details

Closed on
Apr 24, 2018
Sold by
New Penn Financial Llc
Bought by
Richardson Wayne
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.

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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.

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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.

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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.

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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
Cecil Jim -- None Available
Richardson Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecil Jim $300,000
Source: Public Records

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 $1,223 $44,737 $5,502 $39,235
2023 $1,203 $43,434 $5,342 $38,092
2022 $1,188 $43,434 $5,342 $38,092
2021 $1,185 $43,434 $5,342 $38,092
2020 $1,167 $43,434 $5,342 $38,092
2019 $1,147 $43,434 $5,342 $38,092
2018 $883 $35,786 $5,342 $30,444
2017 $904 $104,229 $15,558 $88,671
2016 $912 $101,193 $15,105 $86,088
2015 $810 $98,244 $14,664 $83,580
2014 -- $95,385 $14,238 $81,147
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

2408 Silver Cir, Hobbs, NM

This home is located at 2408 Silver Cir, Hobbs, NM 88240 and is currently estimated at $235,042. 2408 Silver Cir is a home located in Lea County with nearby schools including Mills Elementary School, Highland Middle School, and Hobbs Freshman High School.

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