NOT LISTED FOR SALE

304 S Elm Place Unit 601 Hobbs, NM 88240

Estimated Value: $80,000 - $241,000

3 Beds
2 Baths
1,940 Sq Ft
$95/Sq Ft Est. Value

About This Home

This home is located at 304 S Elm Place Unit 601, Hobbs, NM 88240 and is currently estimated at $184,203, approximately $94 per square foot. 304 S Elm Place Unit 601 is a home located in Lea County with nearby schools including Murray Elementary School, Houston Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Ramirez Joshua
Bought by
Echeverria Israel
Current Estimated Value
$184,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$202,552
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$18,349

Purchase Details

Closed on
Jul 7, 2017
Sold by
Meridyth Jerame and Meridyth Laura
Bought by
Ramirez Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Echeverria Israel -- Pioneer Title
Echeverria Israel -- Pioneer Title
Ramirez Joshua -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echeverria Israel $206,196
Closed Echeverria Israel $206,196
Previous Owner Ramirez Joshua $137,750
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 $1,186 $43,402 $1,395 $42,007
2023 $1,201 $43,361 $1,354 $42,007
2022 $1,185 $43,361 $1,354 $42,007
2021 $1,181 $43,284 $1,277 $42,007
2020 $1,162 $43,247 $1,240 $42,007
2019 $1,141 $43,211 $1,204 $42,007
2018 $1,128 $43,176 $1,169 $42,007
2017 $92 $10,014 $3,405 $6,609
2016 $46 $4,812 $3,306 $1,506
2015 $41 $4,671 $3,210 $1,461
2014 -- $4,536 $3,117 $1,419
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

304 S Elm Place Unit 601, Hobbs, NM

This home is located at 304 S Elm Place Unit 601, Hobbs, NM 88240 and is currently estimated at $184,203, approximately $94 per square foot. 304 S Elm Place Unit 601 is a home located in Lea County with nearby schools including Murray Elementary School, Houston Middle School, and Hobbs High School.

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