NOT LISTED FOR SALE

501 W Taos Ave Hobbs, NM 88240

Estimated Value: $262,000 - $284,637

3 Beds
2 Baths
2,071 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 14, 2022

Current estimated payment $1,655/month

18 Days on Market

Highlights

  • Attic
  • Covered Patio or Porch
  • Refrigerated Cooling System
  • No HOA
  • 2 Car Attached Garage
  • Shed

About This Home

As of March 2022

WOW! This home will sell fast! Very nice, open floor plan with exceptionally large rooms; many updates & improvements during the last 2.5 years include the following: 2019 - new windows (30 yr warranty); ceiling fans/light fixtures in all rooms (kitchen, island, living room & master bedroom are voice controlled). New blinds, countertops, kitchen cabinet doors (soft close) boxes for drawers were rebuilt; Vivant cameras, ring doorbell & system installed in 2020 - tub sliding doors in main bath; sprinkler system added to front/back yards; automatic garage door opener on second door; garage door to 14 x 16 shop wired with 220 electricity & new baseboards in all rooms; 2021-New water heater, kitchen faucet, dishwasher, inground electrical wiring to shop, French doors to back yard; luxury vinyl planking in kitchen, entryways & bathrooms, textured ceilings in all but 2 bedrooms. Extremely well maintained home that shows pride of ownership.

Last Agent to Sell the Property

Rusty Taylor

EDGE REALTY GROUP License #32732 Listed on: 01/07/2022

Last Buyer's Agent

Kallie Windsor

Kallie Windsor Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1977

Lot Details

  • Fenced
  • Irregular Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Masonry

Interior Spaces

  • 2,071 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Attic

Kitchen

  • Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Mills Elementary School
  • Highland Middle School
  • Freshman/Hhs High School

Utilities

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

Community Details

  • No Home Owners Association
  • Los Santos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4000066030001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Directions: East off North Grimes on Taos; property is on the south side of the street
  • New Construction: No
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot, Sprinklers In Rear, Sprinklers In Front
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: Los Santos
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Reso Interior Features: Attic
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room, Masonry, Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave, Built-In Range, Oven, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Construction Type: Brick
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Electric, Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mills
  • Ninth Grade High School: Freshman/Hhs
  • Middle Or Junior School: Highland

Lot Info

  • Parcel #: 4000066030001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2446.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 14, 2022
Sold by
Sue Pincock and Sue Brittany
Bought by
Jones Rickey D
Seller's Agent
Rusty Taylor
EDGE REALTY GROUP
Buyer's Agent
Kallie Windsor
Kallie Windsor Realty
List Price
$269,000
Current Estimated Value
$272,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$248,417
Outstanding Balance
$236,993
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$12,504

Purchase Details

Listed on
May 18, 2019
Closed on
Jul 10, 2019
Sold by
Morris Richard L and Morris Belinda L
Bought by
Pincock Zaccary and Pincock Brittany Sue
Seller's Agent
Bobby Shaw
BURKETT - SHAW REALTY / HOBBS
Buyer's Agent
Rusty Taylor
EDGE REALTY GROUP
List Price
$238,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$208,050
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2013
Sold by
Morris Richard Leslie and Morris Belinda Leftwinch
Bought by
Morris Richard L and Morris Belinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,835,000
Interest Rate
3.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Jones Rickey D -- First American Title
Pincock Zaccary -- None Available
Morris Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Rickey D $248,417
Previous Owner Pincock Zaccary $208,050
Previous Owner Morris Richard L $4,835,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold -- -- --
01/25/2022 01/25/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $269,000 +12.8% $130 / Sq Ft
07/10/2019 07/10/19 Sold -- -- --
06/07/2019 06/07/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $238,500 -- $115 / 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 $2,067 $75,646 $8,433 $67,213
2023 $2,096 $75,646 $8,433 $67,213
2022 $1,835 $75,646 $8,433 $67,213
2021 $1,830 $67,083 $7,300 $59,783
2020 $1,803 $67,083 $7,300 $59,783
2019 $1,087 $41,174 $3,435 $37,739
2018 $1,044 $39,975 $3,335 $36,640
2017 $1,072 $116,433 $9,714 $106,719
2016 $1,083 $113,043 $9,432 $103,611
2015 $964 $109,749 $9,156 $100,593
2014 -- $106,551 $8,889 $97,662
Source: Public Records

Agents Affiliated with this Home

  • Rusty Taylor

    Seller's Agent in 2022

    Rusty Taylor

    EDGE REALTY GROUP

    (575) 393-4083

    51 Total Sales

    Rusty Taylor
    Section Image
  • Kallie Windsor

    Buyer's Agent in 2022

    Kallie Windsor

    Kallie Windsor Realty

    (575) 396-4663

    46 Total Sales

    Kallie Windsor
    Section Image
  • Bobby Shaw

    Seller's Agent in 2019

    Bobby Shaw

    BURKETT - SHAW REALTY / HOBBS

    (575) 399-0272

    62 Total Sales

    Bobby Shaw
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20220126

New Mexico MLS

APN: 4000066030001

New Mexico Lea County Hobbs 88240

501 W Taos Ave, Hobbs, NM

This home is located at 501 W Taos Ave, Hobbs, NM 88240 since 07 January 2022 and is currently estimated at $272,212, approximately $131 per square foot. This property was built in 1977. 501 W Taos Ave is a home located in Lea County with nearby schools including Mills 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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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