NOT LISTED FOR SALE

408 E Texas St Hobbs, NM 88240

Estimated Value: $140,000 - $169,000

3 Beds
2 Baths
1,290 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 19, 2020

Current estimated payment $912/month

103 Days on Market

Highlights

  • Spa
  • No HOA
  • Spa Bath
  • RV Access or Parking
  • Refrigerated Cooling System
  • Patio

About This Home

As of June 2020

This is a Doll House, features brick with metal roof and metal fence. Completely rebuilt in 2009. There is also an RV Hookup in the back if you need to park an RV. Seller had this rented. This Home is Move in ready! Call us today to schedule a private viewing!

Last Agent to Sell the Property

Martha Thomas

Casa Oasis Realty Listed on: 01/10/2020

Last Buyer's Agent

Tracy Coleman

Edge Realty Group License #0586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 2009

Lot Details

  • 6,180 Sq Ft Lot
  • Fenced

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Parking

  • No Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • New Hobbs Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4000150370001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 2009

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 2009
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: New Hobbs Add
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Fencing: Fenced
  • Acres: 0.1419
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, RV Access/Parking

Utilities

  • Utilities: Electricity Connected, Natural Gas 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 Size Sq Ft: 6179.55
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000150370001

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1232.42

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jun 18, 2020
Sold by
Baca Lazara
Bought by
Correa Ruben
Seller's Agent
Martha Thomas
Casa Oasis Realty
Buyer's Agent
Tracy Coleman
Edge Realty Group
List Price
$130,000
Current Estimated Value
$155,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$123,717
Outstanding Balance
$109,666
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$46,216

Purchase Details

Listed on
Jan 10, 2020
Closed on
May 4, 2020
Sold by
Baca Jesus R and Baca Bencomo Jesus
Bought by
Baca Lazara
Seller's Agent
Martha Thomas
Casa Oasis Realty
Buyer's Agent
Tracy Coleman
Edge Realty Group
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,717
Outstanding Balance
$109,666
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$46,216

Purchase Details

Closed on
Jan 7, 2013
Sold by
Baca-Bencomo Jesus R and Baca Lazara
Bought by
Baca Jesus R and Baca Lazara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,760,000
Interest Rate
3.34%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Correa Ruben -- First American Title Ins Co
Baca Lazara -- First American Title Ins Co
Baca Jesus R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Ruben $123,717
Previous Owner Baca Jesus R $5,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold -- -- --
05/07/2020 05/07/20 For Sale $130,000 0.0% $101 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $130,000 -7.1% $101 / Sq Ft
01/10/2020 01/10/20 For Sale $140,000 -- $109 / 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 $1,059 $38,748 $4,326 $34,422
2023 $1,042 $37,619 $4,200 $33,419
2022 $1,029 $37,619 $4,200 $33,419
2021 $1,026 $37,619 $4,200 $33,419
2020 $499 $18,563 $462 $18,101
2019 $476 $18,023 $449 $17,574
2018 $457 $17,498 $436 $17,062
2017 $469 $50,964 $1,269 $49,695
2016 $474 $49,482 $1,233 $48,249
2015 $422 $48,042 $1,197 $46,845
2014 -- $46,641 $1,161 $45,480
Source: Public Records

Agents Affiliated with this Home

  • Martha Thomas

    Seller's Agent in 2020

    Martha Thomas

    Casa Oasis Realty

    (575) 390-8104

    143 Total Sales

    Martha Thomas
    Section Image
  • Tracy Coleman

    Buyer's Agent in 2020

    Tracy Coleman

    Edge Realty Group

    (575) 318-6404

    63 Total Sales

    Tracy Coleman
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20200208

New Mexico MLS

APN: 4000150370001

New Mexico Lea County Hobbs 88240

408 E Texas St, Hobbs, NM

Not Listed for Sale

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