NOT LISTED FOR SALE

400 W Apache Dr Hobbs, NM 88240

Estimated Value: $273,000 - $306,000

-- Bed
-- Bath
-- Sq Ft
2 Acres

About This Home

This home is located at 400 W Apache Dr, Hobbs, NM 88240 and is currently estimated at $286,300. 400 W Apache Dr is a home with nearby schools including Stone Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Crawford And Kay Culp Trust and Culp Crawford
Bought by
Reno Equipment Llc
Current Estimated Value
$286,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,963,823
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
-$2,677,523
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
Reno Equipment Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reno Equipment Llc $3,000,000
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 $1,692 $58,450 $5,067 $53,383
2023 $1,484 $51,259 $4,919 $46,340
2022 $1,421 $51,259 $4,919 $46,340
2021 $1,373 $48,066 $4,637 $43,429
2020 $1,341 $47,931 $4,502 $43,429
2019 $1,280 $46,535 $4,371 $42,164
2018 $1,228 $44,850 $4,244 $40,606
2017 $1,275 $130,629 $12,360 $118,269
2016 $1,316 $130,269 $12,000 $118,269
2015 $1,192 $130,269 $12,000 $118,269
2014 -- $124,308 $12,000 $112,308
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

400 W Apache Dr, Hobbs, NM

This home is located at 400 W Apache Dr, Hobbs, NM 88240 and is currently estimated at $286,300. 400 W Apache Dr is a home with nearby schools including Stone Elementary School, Houston Middle School, and Hobbs Freshman High School.

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