NOT LISTED FOR SALE

4704 N Backstretch Rd Hobbs, NM 88240

Estimated Value: $237,000 - $303,000

3 Beds
2 Baths
1,782 Sq Ft
$150/Sq Ft Est. Value

About This Home

This home is located at 4704 N Backstretch Rd, Hobbs, NM 88240 and is currently estimated at $268,077, approximately $150 per square foot. 4704 N Backstretch Rd is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2015
Bought by
Brown Alexander M and Brown Leslianne
Current Estimated Value
$268,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,657,500
Interest Rate
3.73%
Mortgage Type
FHA

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
Brown Alexander M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brown Alexander M $228,600
Closed Brown Alexander M $21,657,500
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 $2,156 $78,891 $10,927 $67,964
2023 $2,122 $76,593 $10,609 $65,984
2022 $2,034 $76,593 $10,609 $65,984
2021 $1,970 $72,196 $10,000 $62,196
2020 $1,940 $72,196 $10,000 $62,196
2019 $1,907 $72,196 $10,000 $62,196
2018 $1,886 $72,196 $10,000 $62,196
2017 $1,994 $216,588 $30,000 $186,588
2016 $2,075 $216,588 $30,000 $186,588
2015 $165 $216,588 $30,000 $186,588
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

4704 N Backstretch Rd, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 4704 N Backstretch Rd, Hobbs, NM 88240 and is currently estimated at $268,077, approximately $150 per square foot. 4704 N Backstretch Rd is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer Middle School, and Hobbs Freshman High School.

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