NOT LISTED FOR SALE

2823 N Wedgewood Dr Hobbs, NM 88240

Estimated Value: $112,000 - $414,000

4 Beds
2.5 Baths
2,348 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 06, 2024

Current estimated payment $1,964/month

44 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Fenced
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2024

Check out this beautiful 3-year-old French Brothers home located in the Tanglewood Addition. It has 4 spacious bedrooms, and besides the master bedroom, one of the other bedrooms has its own bathroom, 2.5 bath, stainless steel appliances, granite countertops, tankless water heater, blinds, RO water system and skylights. This home has a large living area with plenty of room for enjoying and entertaining with family and friends. This Kiva has an excellent floor plan. This property will not last long, call listing agent to schedule your appointment.

Last Agent to Sell the Property

Denise Ross

UNITED REALTY, LLC - HOBBS License #50867 Listed on: 10/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 2020

Lot Details

  • 8,173 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,348 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Secondary Bathroom Double Sinks

Eco-Friendly Details

  • Drip Irrigation

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4990627113312

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,555

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Directions: Heading East on Bender, turn left on Charlicia, right on Highland, left on Green Valley, left on Wedgewood go approximately 2 blocks, house is on the corner of Highwood and Wedgewood.
  • New Construction: No
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Reso Interior Features: Pantry
  • Unit Levels: One
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, RO System, Tankless Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Bedroom/Bathroom Features: Double Sinks

Exterior Features

  • Roof: Shingle
  • Fencing: Block, Fenced
  • Acres: 0.1876
  • Construction Type: Stucco
  • Exterior Features: Drip Irrigation
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Sewer Connected
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8172.9
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4990627113312
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3555.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 6, 2024
Sold by
Ramirez John Lance and Ramirez Jessica Renee
Bought by
Maldonado Carlos Ivan and Maldonado Shaylee Beatrice
Seller's Agent
Denise Ross
UNITED REALTY, LLC - HOBBS
List Price
$385,000
Views
9
Current Estimated Value
$324,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.37%
Original Mortgage
$368,207
Outstanding Balance
$361,700
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$36,755

Purchase Details

Listed on
Oct 30, 2023
Closed on
Jan 4, 2024
Sold by
Ramirez John J and Rose Mary
Bought by
Ramirez John Lance and Ramirez Jessica Renee
Seller's Agent
Denise Ross
UNITED REALTY, LLC - HOBBS
List Price
$385,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$361,700
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$36,755

Purchase Details

Listed on
Dec 21, 2017
Closed on
Jan 9, 2020
Sold by
French Brothers Homes Llc
Bought by
Ramirez John J and Ramirez Rosemary
Seller's Agent
Robbie Robinson
ROBINSON & ASSOCIATES REAL ESTATE
List Price
$331,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$331,395
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Aug 5, 2019
Sold by
Aljo Development Llc
Bought by
French Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
3.73%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Maldonado Carlos Ivan -- First American Title Insurance
Ramirez John Lance -- First American Title Insurance
Ramirez John J -- First American Title Ins Co
French Brothers Homes Llc -- First American Title Ins Co
French Brothers Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Carlos Ivan $368,207
Closed Maldonado Carlos Ivan $13,125
Previous Owner Ramirez John J $331,395
Previous Owner French Brothers Inc $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold -- -- --
12/13/2023 12/13/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $385,000 +16.2% $164 / Sq Ft
01/09/2020 01/09/20 Sold -- -- -- View Prior Sale
01/01/2020 01/01/20 For Sale $331,395 -- $145 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
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 $2,802 $102,509 $16,836 $85,673
2023 $2,757 $99,524 $16,346 $83,178
2022 $2,722 $99,524 $16,346 $83,178
2021 $2,715 $99,524 $16,346 $83,178
2020 $2,674 $99,524 $16,346 $83,178
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Denise Ross

    UNITED REALTY, LLC - HOBBS

    (575) 441-0672

    71 Total Sales

    Denise Ross
    Section Image
  • Robbie Robinson

    Seller's Agent in 2020

    Robbie Robinson

    ROBINSON & ASSOCIATES REAL ESTATE

    (575) 390-7073

    156 Total Sales

    Robbie Robinson
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20235812

New Mexico MLS

APN: 4990627113312

New Mexico Lea County Hobbs 88240

2823 N Wedgewood Dr, Hobbs, NM

This home is located at 2823 N Wedgewood Dr, Hobbs, NM 88240 since 30 October 2023 and is currently estimated at $324,945, approximately $138 per square foot. This property was built in 2020. 2823 N Wedgewood Dr 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.

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