NOT LISTED FOR SALE

5 E Palo Verde Ct Hobbs, NM 88242

Estimated Value: $216,000 - $245,705

-- Bed
-- Bath
-- Sq Ft
1.1 Acres

About This Home

This home is located at 5 E Palo Verde Ct, Hobbs, NM 88242 and is currently estimated at $230,568. 5 E Palo Verde Ct is a home with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Teel Tracy
Bought by
Teel Tracy and Teel Charity
Current Estimated Value
$230,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,570
Outstanding Balance
$202,487
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$28,081

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
Teel Tracy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teel Tracy $207,570
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 $1,793 $76,515 $7,073 $69,442
2023 $1,583 $66,653 $6,867 $59,786
2022 $1,512 $66,653 $6,867 $59,786
2021 $1,508 $64,712 $6,667 $58,045
2020 $1,479 $64,712 $6,667 $58,045
2019 $1,449 $64,712 $6,667 $58,045
2018 $1,433 $64,712 $6,667 $58,045
2017 $1,535 $194,136 $20,001 $174,135
2016 $1,606 $194,136 $20,001 $174,135
2015 -- $20,001 $20,001 $0
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

5 E Palo Verde Ct, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 5 E Palo Verde Ct, Hobbs, NM 88242 and is currently estimated at $230,568. 5 E Palo Verde Ct is a home with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman 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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