NOT LISTED FOR SALE

5012 W Big Red Rd Hobbs, NM 88240

Estimated Value: $317,000 - $330,000

4 Beds
2.5 Baths
2,400 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 07, 2022

Current estimated payment $1,959/month

116 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Tile Flooring
  • Covered Patio or Porch
  • Refrigerated Cooling System
  • Forced Air Heating System

About This Home

As of April 2022

Open floor plan with two living areas and an open kitchen with island.Four bedrooms 2.5 baths.Well established neighborhood.This property may qualify for Seller Financing (Vendee)Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Seller's name is Secretary of Veterans Affairs. Prior to seller receipt & approval of full title package from foreclosure, title to property will be conveyed by Quit Claim/Non-warranty deed. Seller's name is Secretary of Veterans Affairs. Proof of funds required on cash transactions; lender per-approval letter for financed offers (dated within the last 30 days)

Last Agent to Sell the Property

Jesus Esparza

ASSET SOLUTIONS REALTY Listed on: 10/28/2021

Last Buyer's Agent

Michelle Cortez

BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS License #54664

BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 2015

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Covered Patio or Porch
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 4950615080047

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,289

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Directions: Main entrance to Zia Crossing is off Millen Road-1/2 mile west of Zia Park Casino Racetrack.
  • New Construction: No
  • Year Built: 2015
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: REO Sale
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.14
  • Construction Type: Frame
  • 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: Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4950615080047
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2289.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Vasquez Luis Martin Manzo
Bought by
Vasquez Luis Martin Manzo and Galindo Faustina Hortencia
Current Estimated Value
$321,599

Purchase Details

Listed on
Oct 28, 2021
Closed on
Mar 31, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Vazquez Luis Martin Manzo
Seller's Agent
Jesus Esparza
ASSET SOLUTIONS REALTY
Buyer's Agent
Michelle Cortez
BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS
List Price
$280,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$248,187
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2021
Sold by
New Penn Financial Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 27, 2021
Sold by
Frazier Lacy and Frazier Sandra
Bought by
New Penn Financial Llc and Shellpoint Mortgage Servicing
Source: Public Records

Range of Values:

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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
Vasquez Luis Martin Manzo -- --
Vazquez Luis Martin Manzo -- Betters Law Firm Pllc
Secretary Of Veterans Affairs -- None Available
New Penn Financial Llc -- Old Republic Servicing Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Luis Martin Manzo $248,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold -- -- --
02/21/2022 02/21/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $266,250 -5.0% $111 / Sq Ft
01/26/2022 01/26/22 For Sale $280,250 0.0% $117 / Sq Ft
01/26/2022 01/26/22 Off Market -- -- --
01/04/2022 01/04/22 Price Changed $280,250 -9.7% $117 / Sq Ft
10/28/2021 10/28/21 For Sale $310,500 +12.8% $129 / Sq Ft
08/14/2015 08/14/15 Sold -- -- --
04/28/2015 04/28/15 For Sale $275,353 -- $115 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
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 $2,470 $90,385 $10,609 $79,776
2023 $2,431 $87,752 $10,300 $77,452
2022 $2,330 $87,752 $10,300 $77,452
2021 $2,324 $85,196 $10,000 $75,196
2020 $2,289 $85,196 $10,000 $75,196
2019 $2,250 $85,196 $10,000 $75,196
2018 $2,225 $85,196 $10,000 $75,196
2017 $2,353 $255,588 $30,000 $225,588
2016 $2,449 $255,588 $30,000 $225,588
2015 -- $255,588 $30,000 $225,588
Source: Public Records

Agents Affiliated with this Home

  • Jesus Esparza

    Seller's Agent in 2022

    Jesus Esparza

    ASSET SOLUTIONS REALTY

    (505) 896-3694

    28 Total Sales

    Section Image
  • Michelle Cortez

    Buyer's Agent in 2022

    Michelle Cortez

    BERKSHIRE HATHAWAY HOME SERVICES ENCHANTED LANDS - HOBBS

    (575) 263-3006

    75 Total Sales

    Section Image

  • D

    Seller's Agent in 2015

    Darrell Carr

    UNITED REALTY, LLC - HOBBS

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Map

Source: New Mexico MLS

MLS Number: 20215794

New Mexico MLS

APN: 4950615080047

New Mexico Lea County Hobbs 88240

5012 W Big Red Rd, Hobbs, NM

This home is located at 5012 W Big Red Rd, Hobbs, NM 88240 since 28 October 2021 and is currently estimated at $322,673, approximately $134 per square foot. This property was built in 2015. 5012 W Big Red Rd is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer 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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