NOT LISTED FOR SALE

502 W Avenue J Hobbs, NM 88240

Estimated Value: $334,000

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

About This Home

This home is located at 502 W Avenue J, Hobbs, NM 88240 and is currently estimated at $334,000. 502 W Avenue J is a home with nearby schools including Llano Elementary School, Ben Alexander Elementary School, and Jefferson Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Porras Rosario
Bought by
502 Trust and Tapia
Current Estimated Value
$334,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Rev Robert A Rev Robert A and Glasspoole Martha R
Bought by
Porras Refugio and Porras Rosario
Source: Public Records

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
502 Trust -- None Listed On Document
Porras Refugio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 502 Trust $140,000
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 $861 $22,493 $1,757 $20,736
2023 $860 $22,442 $1,706 $20,736
2022 $858 $22,442 $1,706 $20,736
2021 $829 $21,622 $1,608 $20,014
2020 $827 $21,575 $1,561 $20,014
2019 $803 $20,947 $1,516 $19,431
2018 $779 $20,337 $1,472 $18,865
2017 $757 $59,235 $4,287 $54,948
2016 $756 $59,109 $4,161 $54,948
2015 $746 $59,109 $4,161 $54,948
2014 -- $55,608 $4,161 $51,447
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

502 W Avenue J, Hobbs, NM

This home is located at 502 W Avenue J, Hobbs, NM 88240 and is currently estimated at $334,000. 502 W Avenue J is a home with nearby schools including Llano Elementary School, Ben Alexander Elementary School, and Jefferson Elementary 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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