NOT LISTED FOR SALE

406 E Castle Ave Hobbs, NM 88240

Estimated Value: $102,000 - $169,235

Studio
-- Bath
-- Sq Ft
1.18 Acres

About This Home

This home is located at 406 E Castle Ave, Hobbs, NM 88240 and is currently estimated at $129,809. 406 E Castle Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2015
Sold by
Sylvia Sylvia and Cantu Rene
Bought by
Cantu Rene
Current Estimated Value
$136,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,400,000
Outstanding Balance
$2,442,923
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
-$2,313,114

Purchase Details

Closed on
May 13, 2015
Sold by
Richard L Richard L and Lopez Richard
Bought by
Cantu Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,400,000
Outstanding Balance
$2,442,923
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
-$2,313,114

Purchase Details

Closed on
Jan 17, 2012
Sold by
Cantu Manuel M and Cantu Ernestina L
Bought by
Lopez Richard and Cantu Rene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cantu Rene -- --
Cantu Rene -- --
Lopez Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantu Rene $6,400,000
Closed Cantu Rene $6,400,000
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 $960 $37,117 $3,855 $33,262
2023 $943 $36,036 $3,743 $32,293
2022 $902 $36,036 $3,743 $32,293
2021 $839 $32,741 $2,302 $30,439
2020 $800 $31,787 $2,235 $29,552
2019 $762 $30,861 $2,170 $28,691
2018 $730 $29,962 $2,107 $27,855
2017 $748 $87,270 $6,138 $81,132
2016 $754 $84,726 $5,958 $78,768
2015 $670 $82,257 $5,784 $76,473
2014 -- $79,863 $5,616 $74,247
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

406 E Castle Ave, Hobbs, NM

Not Listed for Sale

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