NOT LISTED FOR SALE

500 W Navajo Dr Hobbs, NM 88240

Hobbs Area

Estimated Value: $354,000 - $479,974

2.63 Acres
$155,891 Price per Acre
114,563 Sq Ft Lot

Sale Details

Date Sold: April 7, 2021

Current estimated payment $2,546 / 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

Burkett - Shaw Realty / Hobbs

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

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000011450001

Property Details

Property Type

Land

Est. Annual Taxes

$2,759

Lot Details

2.63 Acres

Listing Details

  • New Construction: No
  • Reso Property Sub Type: Other
  • Prop. Type: Land
  • Horses: No
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Private Spa: No

Exterior Features

  • Acres: 2.63
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: City, Near-Site, Public Sewer
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Schools

  • Elementary School: None/Other
  • Ninth Grade High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Assessments: No
  • Current Use: Other
  • Lot Size Sq Ft: 114562.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000011450001

Tax Info

  • Tax Annual Amount: 2759.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2026
Sold by
Bought by
Current Estimated Value
$409,994

Purchase Details

Closed on
Jun 28, 2024
Sold by
Bought by

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
0.065%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2020
Sold by
Bought by

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
0.032%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
-- Pioneer Title And Escrow
-- First American Title
-- Pioneer Title And Escrow
-- --
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 $399,136
Previous Owner $260,200
Source: Public Records

Property 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 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

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

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

  • Bobby Shaw

    Seller's Agent in 2021

    Bobby Shaw

    Burkett - Shaw Realty / Hobbs

    (575) 399-0272

    62 Total Sales

    Bobby Shaw
    Section Image
  • Tracy Coleman

    Buyer's Agent in 2021

    Tracy Coleman

    Edge Realty Group

    (575) 318-6404

    60 Total Sales

    Tracy Coleman
    Section Image

  • M

    Buyer's Agent in 2014

    Monty Newman

    Berkshire Hathaway Home Services Enchanted Lands - Hobbs

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Map

Source: New Mexico MLS

MLS Number: 20200647

New Mexico MLS

APN: 4000421580001

New Mexico Lea County Hobbs 88240

500 W Navajo Dr, Hobbs, NM

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