NOT LISTED FOR SALE

323 E Rancho Rd Hobbs, NM 88242

Estimated Value: $443,000

4 Beds
3 Baths
2,411 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 323 E Rancho Rd, Hobbs, NM 88242 and is currently estimated at $443,000, approximately $183 per square foot. 323 E Rancho Rd is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Bought by
Current Estimated Value
$443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Outstanding Balance
$285,731
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$157,269

Purchase Details

Closed on
Mar 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
4.21%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
-- First American Title Insurance
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $288,750
Closed $288,750
Previous Owner $204,800
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,258 $54,309 $6,376 $47,933
2024 $1,189 $52,727 $6,190 $46,537
2023 $1,168 $51,192 $6,010 $45,182
2022 $1,115 $51,192 $6,010 $45,182
2021 $1,112 $49,701 $5,835 $43,866
2020 $1,090 $49,701 $5,835 $43,866
2019 $1,068 $49,701 $5,835 $43,866
2018 $1,056 $49,701 $5,835 $43,866
2017 $1,131 $149,103 $17,505 $131,598
2016 $1,184 $149,103 $17,505 $131,598
2015 $1,066 $149,103 $17,505 $131,598
2014 -- $149,103 $17,505 $131,598
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

323 E Rancho Rd, Hobbs, NM

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