NOT LISTED FOR SALE

500 W Navajo Dr Hobbs, NM 88240

Estimated Value: $346,000 - $447,852

2.63 Acres
$155,594 Price per Acre
114,563 Sq Ft Lot

Sale Details

Date Sold: April 7, 2021

Current estimated payment $2,533 / mo

405 Days on Market

About This Lot

As of April 2021

Multi purpose commercial tract of land on a corner. Utilities located in Navajo right of way ready to be extended into property.

Last Agent to Sell the Property

Bobby Shaw

BURKETT - SHAW REALTY / HOBBS Listed on: 02/04/2020

Last Buyer's Agent

Tracy Coleman

Edge Realty Group License #0586

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,759

Lot Details

  • 2.63 Acre Lot
  • Level Lot

Parking

  • Driveway
  • Open Parking

Utilities

  • Natural Gas Connected
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4000011450001

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,759

Lot Details

2.63 Acres

Listing Details

  • Reso Property Sub Type: Other
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.63
  • Topography: Level

Garage/Parking

  • Open Parking: Yes

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Available, Water Available, Cable Connected, Phone Connected
  • Electric: Near-Site
  • Gas: Near-Site
  • Sewer: Public Sewer, City, Near-Site
  • Electricity On Property: No
  • Water Source: Public, City, Near-Site

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 114562.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000011450001
  • Irrigation Water Rights: No

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2758.92

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2026
Sold by
Crume Timothy
Bought by
Aranda Luis and Aranda Carmen Vega
Current Estimated Value
$409,213

Purchase Details

Closed on
Jun 28, 2024
Sold by
Aranda Luis A and Aranda Carmen G
Bought by
Miller Corbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,136
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2020
Sold by
Brothers Michael T and Brothers Ronda A
Bought by
Aranda Luis A and Aranda Carmen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2002
Sold by
Adams Jim L and Adams Rickie
Bought by
Brothers Michael T and Brothers Rhonda A
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Aranda Luis -- Pioneer Title And Escrow
Miller Corbin -- First American Title
Aranda Luis A -- Pioneer Title And Escrow
Brothers Michael T -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Miller Corbin $399,136
Previous Owner Aranda Luis A $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2021 04/07/21 Sold -- -- --
03/15/2021 03/15/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $575,000 0.0% --
03/01/2021 03/01/21 Off Market -- -- --
02/04/2020 02/04/20 For Sale $575,000 +27.8% --
06/19/2014 06/19/14 Sold -- -- -- View Prior Sale
05/27/2014 05/27/14 Pending -- -- --
09/06/2013 09/06/13 For Sale $450,000 -- --
Source: New Mexico MLS

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
2025 $3,822 $138,698 $14,000 $124,698
2024 $2,330 $85,242 $9,098 $76,144
2023 $2,293 $82,759 $8,833 $73,926
2022 $2,264 $82,759 $8,833 $73,926
2021 $2,258 $82,759 $8,833 $73,926
2020 $1,428 $53,149 $2,793 $50,356
2019 $1,363 $51,601 $2,712 $48,889
2018 $1,309 $50,098 $2,633 $47,465
2017 $1,343 $145,917 $7,668 $138,249
2016 $1,357 $141,669 $7,446 $134,223
2015 $1,208 $137,544 $7,230 $130,314
2014 -- $133,539 $7,020 $126,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20200647

New Mexico MLS

APN: 4000421580001

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