NOT LISTED FOR SALE

400 W Midwest St Hobbs, NM 88240

Estimated Value: $84,000 - $124,535

2 Beds
1 Bath
863 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 08, 2023

Current estimated payment $668/month

7 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Very cute smaller home. Perfect for starter home or empty nesters. Many updates have been made by seller. Screened in front porch with large back yard all fenced. Front yard is also fenced in. This home sits on 2 lots & is on a corner. Must see to appreciate! Currently occupied so we will need 24 hour notice prior to showing

Last Agent to Sell the Property

PAMELA WILLIS

BURKETT - SHAW REALTY / HOBBS License #19892 Listed on: 01/30/2023

Last Buyer's Agent

Mireya Estrello

ELITE REAL ESTATE License #53314

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Zoning described as Zone 12

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 863 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000074030001

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: South on Grimes, turn Left on Marland, Right on Hardin, Right on Thorp. House is on the corner of Thorp & Midwest
  • New Construction: No
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet, Laminate, Tile
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Shingle
  • Acres: 0.1607
  • Construction Type: Siding
  • Exterior Features: Sidewalk

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000074030001
  • Zoning Description: Zone 12
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 934.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Sep 8, 2017
Sold by
Taylor Chad and Taylor Kali
Bought by
Morse Mindy N and Gray Curtis
Buyer's Agent
Martha Thomas
Casa Oasis Realty
List Price
$80,500
Current Estimated Value
$111,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$79,041
Outstanding Balance
$67,240
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$43,894

Purchase Details

Closed on
Sep 25, 2013
Sold by
Parker Darrell D
Bought by
Vega Stefanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,927,500
Interest Rate
4.54%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2012
Sold by
Parker Deborah Ann and Parker Debbie A
Bought by
Parker Darrell Dean and Parker Darrell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,927,500
Interest Rate
4.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Morse Mindy N -- None Available
Vega Stefanie A -- --
Parker Darrell Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse Mindy N $79,041
Previous Owner Vega Stefanie A $3,927,500
Previous Owner Parker Darrell Dean $3,927,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2023 03/08/23 Sold -- -- --
02/06/2023 02/06/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $102,500 +27.3% $119 / Sq Ft
09/08/2017 09/08/17 Sold -- -- -- View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $80,500 -- $89 / 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 $915 $33,461 $3,500 $29,961
2023 $666 $24,043 $2,829 $21,214
2022 $638 $24,043 $2,829 $21,214
2021 $618 $22,663 $2,667 $19,996
2020 $609 $22,663 $2,667 $19,996
2019 $599 $22,663 $2,667 $19,996
2018 $592 $22,663 $2,667 $19,996
2017 $393 $42,723 $3,999 $38,724
2016 $344 $35,892 $3,999 $31,893
2015 $315 $35,892 $3,999 $31,893
2014 -- $35,892 $3,999 $31,893
Source: Public Records

Agents Affiliated with this Home

  • PAMELA WILLIS

    Seller's Agent in 2023

    PAMELA WILLIS

    BURKETT - SHAW REALTY / HOBBS

    (575) 441-5837

    43 Total Sales

    PAMELA WILLIS
    Section Image
  • Mireya Estrello

    Buyer's Agent in 2023

    Mireya Estrello

    ELITE REAL ESTATE

    (575) 964-4171

    57 Total Sales

    Mireya Estrello
    Section Image
  • Martha Thomas

    Buyer's Agent in 2017

    Martha Thomas

    Casa Oasis Realty

    (575) 390-8104

    143 Total Sales

    Martha Thomas
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20230462

New Mexico MLS

APN: 4000074030001

New Mexico Lea County Hobbs 88240

400 W Midwest St, Hobbs, NM

This home is located at 400 W Midwest St, Hobbs, NM 88240 since 30 January 2023 and is currently estimated at $111,134, approximately $128 per square foot. This property was built in 1950. 400 W Midwest St is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

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