NOT LISTED FOR SALE

406 N Cochran St Hobbs, NM 88240

Estimated Value: $97,000 - $206,000

-- Bed
-- Bath
-- Sq Ft
2,091 Sq Ft Lot

About This Home

This home is located at 406 N Cochran St, Hobbs, NM 88240 and is currently estimated at $137,814. 406 N Cochran St is a home located in Lea County with nearby schools including Will Rogers Elementary School, Houston Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Luna Sr Carlos H and Luna Francisca E
Bought by
Sherman Melissa
Current Estimated Value
$137,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Outstanding Balance
$41,366
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$96,448
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
Sherman Melissa -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Melissa $50,400
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 $437 $16,001 $1,867 $14,134
2023 $443 $16,001 $1,867 $14,134
2022 $188 $16,001 $1,867 $14,134
2021 $145 $5,323 $117 $5,206
2020 $139 $5,168 $114 $5,054
2019 $133 $5,018 $111 $4,907
2018 $127 $4,872 $108 $4,764
2017 $131 $14,190 $315 $13,875
2016 $132 $13,776 $306 $13,470
2015 $117 $13,374 $297 $13,077
2014 -- $12,984 $288 $12,696
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

406 N Cochran St, Hobbs, NM

This home is located at 406 N Cochran St, Hobbs, NM 88240 and is currently estimated at $137,814. 406 N Cochran St is a home located in Lea County with nearby schools including Will Rogers Elementary School, Houston Middle School, and Hobbs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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