NOT LISTED FOR SALE

406 E Copper Ave Hobbs, NM 88240

Estimated Value: $225,000 - $275,404

Studio
-- Bath
-- Sq Ft
8,407 Sq Ft Lot

About This Home

This home is located at 406 E Copper Ave, Hobbs, NM 88240 and is currently estimated at $247,351. 406 E Copper Ave is a home with nearby schools including Mills Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Lewis Linzy and Tabor Lewis Jamie
Bought by
Lewis Linzy and Tabor Lewis Jamie
Current Estimated Value
$247,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,361
Outstanding Balance
$59,745
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$187,606

Purchase Details

Closed on
Oct 24, 2019
Sold by
Golleher Jerry and Golleher Carolyn
Bought by
Lewis Linzy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$134,036
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$113,315

Purchase Details

Closed on
Jun 28, 2010
Sold by
Amin Husam and Amin Jeanine
Bought by
Golleher Jerry and Golleher Carolyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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Purchase History

Date Buyer Sale Price Title Company
Lewis Linzy -- First American Title Ins Co
Lewis Linzy -- First American Title Ins Co
Golleher Jerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Linzy $73,361
Open Lewis Linzy $153,000
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 $1,817 $66,483 $7,004 $59,479
2023 $1,788 $64,547 $6,800 $57,747
2022 $1,765 $64,547 $6,800 $57,747
2021 $1,761 $64,547 $6,800 $57,747
2020 $1,734 $64,547 $6,800 $57,747
2019 $1,240 $46,947 $5,333 $41,614
2018 $1,226 $46,947 $5,333 $41,614
2017 $1,297 $140,841 $15,999 $124,842
2016 $1,349 $140,841 $15,999 $124,842
2015 $1,237 $140,841 $15,999 $124,842
2014 -- $140,841 $15,999 $124,842
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

406 E Copper Ave, Hobbs, NM

Not Listed for Sale

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