NOT LISTED FOR SALE

400 E Teague Dr Hobbs, NM 88242

Estimated Value: $193,000 - $251,094

3 Beds
2 Baths
1,358 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 08, 2021

Current estimated payment $1,317/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.5 Acre Lot
  • 2 Car Attached Garage
  • RV Access or Parking
  • No HOA
  • Shed

About This Home

As of July 2021

This home is located at 400 E Teague Dr, Hobbs, NM 88242 since 21 May 2021 and is currently estimated at $233,274, approximately $171 per square foot. This property was built in 1975. 400 E Teague Dr 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

Ashley Pratt

PRIME REALTY License #20680 Listed on: 05/21/2021

Last Buyer's Agent

KARINA BONILLA

Motion Realty, LLC License #52125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1975

Lot Details

  • 2.5 Acre Lot
  • Fenced
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Shed
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000424330001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,515

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • New Construction: No
  • Year Built: 1975
  • Reso Property Sub Type: Single Family w/ Acreage
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Fencing: Fenced
  • Acres: 2.5
  • Exterior Features: Horses Allowed, RV Hookup
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 108900
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000424330001
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 8, 2021
Sold by
Fierro Hector and Romero Lorena
Bought by
Reyes Jissel and Arroyo Joel Josue
Seller's Agent
Ashley Pratt
PRIME REALTY
Buyer's Agent
KARINA BONILLA
Motion Realty, LLC
List Price
$199,000
Current Estimated Value
$233,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$182,139
Outstanding Balance
$165,263
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$68,011

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 22, 2021
Sold by
Ponce Erica and Fierro Hector
Bought by
Fierro Hector
Seller's Agent
Ashley Pratt
PRIME REALTY
Buyer's Agent
KARINA BONILLA
Motion Realty, LLC
List Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,139
Outstanding Balance
$165,263
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$68,011
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Jissel -- Pioneer Title And Escrow
Fierro Hector -- Pioneer Title And Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Jissel $182,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold -- -- --
05/26/2021 05/26/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $199,000 -- $147 / Sq Ft
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 $1,306 $55,708 $6,756 $48,952
2023 $1,318 $55,511 $6,559 $48,952
2022 $1,293 $55,511 $6,559 $48,952
2021 $574 $24,617 $3,642 $20,975
2020 $546 $23,900 $3,536 $20,364
2019 $535 $23,900 $3,536 $20,364
2018 $529 $23,900 $3,536 $20,364
2017 $567 $71,700 $10,608 $61,092
2016 $593 $71,700 $10,608 $61,092
2015 $534 $71,700 $10,608 $61,092
2014 -- $71,700 $10,608 $61,092
Source: Public Records

Agents Affiliated with this Home

  • Ashley Pratt

    Seller's Agent in 2021

    Ashley Pratt

    PRIME REALTY

    (575) 441-4917

    23 in this area

    114 Total Sales

    Ashley Pratt
    Section Image
  • KARINA BONILLA

    Buyer's Agent in 2021

    KARINA BONILLA

    Motion Realty, LLC

    (432) 955-5803

    6 in this area

    45 Total Sales

    KARINA BONILLA
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20212732

New Mexico MLS

APN: 4000424330001

New Mexico Lea County Hobbs 88242

400 E Teague Dr, Hobbs, NM

Not Listed for Sale

Detached

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