NOT LISTED FOR SALE

405 E Baregrass Ln Hobbs, NM 88242

Estimated Value: $267,000 - $383,825

3 Beds
2 Baths
2,671 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 12, 2021

Current estimated payment $1,948/month

21 Days on Market

Highlights

  • 3.05 Acre Lot
  • Covered patio or porch
  • Refrigerated Cooling System
  • No HOA
  • 2 Car Attached Garage
  • Heating Available

About This Home

As of August 2021

PRICE DROP!!!!! HORSE PROPERTY on 3 ACRES!!!!!! DONT MISS OUT. Nice Brick home with 3 bedroom, 2 bath 2 car garage setting on just over 3 acres. Beautiful front yard with lots of trees. Home has a metal roof, recessed lighting, raised ceilings in living area. Walk in closet in the large master bedroom. Large separate utility room. 20x40 Shop, with cement floor, water and electric and 220 outlets. Another 30x45 Insulated Shop with dirt floor that has water and electric with its own power pole. Horse barns with 4 horse stalls and turnouts. Chicken Coup, 240 FT. New Water well, replaced in August 2020.

Last Listed By

Kerry Griffin

BURKETT - SHAW REALTY / HOBBS License #54367 Listed on: 06/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1982

Lot Details

  • 3.05

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,671 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Schools

  • Hobbs High School

Utilities

  • Refrigerated Cooling System
  • Central Air
  • Heating Available
  • Well
  • Community Sewer or Septic

Additional Features

  • Covered patio or porch
  • 3.05 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000434180001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Directions: North on Dal Paso, Left on Baregrass. Take zig zag to dead end. Property on the right.
  • New Construction: No
  • Year Built: 1982
  • Prop. Type: Residential
  • Co List Office Mls Id: HOBOBBY SH
  • Co List Office Phone: 575-392-2023
  • Architectural Style: Conventional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1
  • Bedroom/Bathroom Features: Separate Shower

Exterior Features

  • Roof: Metal
  • Acres: 3.05
  • Construction Type: Brick, Concrete
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Sewer: Common Septic
  • Cooling: Electric, Refrigerated
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Hobbs High School

Lot Info

  • Lot Size Sq Ft: 132858
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000434180001
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1664.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 31, 2021
Sold by
Double M Energy Llc
Bought by
Salazar Michael and Salazar Marryann
Seller's Agent
Kerry Griffin
BURKETT - SHAW REALTY / HOBBS
Buyer's Agent
Bobby Shaw
BURKETT - SHAW REALTY / HOBBS
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%
Total Days on Market
21
Current Estimated Value
$322,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,608
Avg. Annual Appreciation
0.21%
Original Mortgage
$256,000
Outstanding Balance
$76,203
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$246,405

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 20, 2021
Sold by
Navarrete Aaron Michael and Navarrete Marissa Rojas
Bought by
Double M Energy Llc
Seller's Agent
Kerry Griffin
BURKETT - SHAW REALTY / HOBBS
Buyer's Agent
Bobby Shaw
BURKETT - SHAW REALTY / HOBBS
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$76,203
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$246,405

Purchase Details

Closed on
Jul 26, 2019
Sold by
Cooper Collin L and Cooper Collin Lee
Bought by
Navarrete Aaron Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2012
Sold by
Ray Jessica
Bought by
Cooper Collin Lee and Cooper Delbert Dale

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
Salazar Michael -- First American Title Ins Co
Double M Energy Llc -- First American Title Ins Co
Navarrete Aaron Michael -- First American Title Ins Co
Cooper Collin L -- First American Title Ins Co
Cooper Collin Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double M Energy Llc $256,000
Previous Owner Navarrete Aaron Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold -- -- --
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 Price Changed $320,000 -16.9% $120 / Sq Ft
06/28/2021 06/28/21 For Sale $385,000 -- $144 / 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 $1,707 $72,832 $8,000 $64,832
2023 $1,730 $72,832 $8,000 $64,832
2022 $1,702 $72,832 $8,000 $64,832
2021 $1,698 $72,832 $8,000 $64,832
2020 $1,664 $72,832 $8,000 $64,832
2019 $1,566 $69,915 $7,883 $62,032
2018 $1,548 $69,915 $7,883 $62,032
2017 $1,658 $209,745 $23,649 $186,096
2016 $1,736 $209,745 $23,649 $186,096
2015 $1,562 $209,745 $23,649 $186,096
2014 -- $209,745 $23,649 $186,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20213476

New Mexico MLS

APN: 4000434180001