NOT LISTED FOR SALE

506 E Copper Ave Hobbs, NM 88240

Estimated Value: $194,000 - $229,000

3 Beds
1.5 Baths
1,516 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 18, 2022

Current estimated payment $1,196/month

217 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of January 2022

REMODELED INSIDE AND OUT! Very nice 3 bedroom, 1 1/2 bath home recently remodeled, large living areas with fireplace. New paint inside and out, new flooring, new appliances, bathrooms, light fixtures, fence, rock in back yard!! READY TO MOVE IN!

Last Agent to Sell the Property

Cindy Shoobridge

ROBINSON & ASSOCIATES REAL ESTATE License #46983 Listed on: 05/07/2021

ROBINSON & ASSOCIATES REAL ESTATE

Last Buyer's Agent

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1983

Lot Details

  • 3,572

Parking

  • No Garage

Home Design

  • 1,516 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Free-Standing Range
  • Irregular Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000765480001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,335

Year Built

Built in 1983

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1983
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet, Tile
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Sewer Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000765480001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1334.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Dec 22, 2021
Sold by
Property Management Plus Llc
Bought by
Kirk Nancy
Seller's Agent
Cindy Shoobridge
ROBINSON & ASSOCIATES REAL ESTATE
Buyer's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$165,000
Current Estimated Value
$209,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Apr 1, 2021
Sold by
Covin Daniel Keith and Colvin Shannon
Bought by
Management Plus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,593
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 2019
Sold by
Colvin Shannon R and Colvin Daniel Keith
Bought by
Colvin Shannon R and Colvin Daniel Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,311
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kirk Nancy -- Pioneer Title
Management Plus Llc -- First American Title Ins Co
Colvin Shannon R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Management Plus Llc $173,593
Previous Owner Colvin Shannon R $29,311
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold -- -- --
12/10/2021 12/10/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $165,000 0.0% $109 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $165,000 +3.4% $109 / Sq Ft
05/07/2021 05/07/21 For Sale $159,500 -- $105 / 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 $1,342 $49,102 $5,300 $43,802
2023 $1,360 $49,102 $5,300 $43,802
2022 $884 $49,102 $5,300 $43,802
2021 $590 $23,626 $1,864 $21,762
2020 $563 $22,938 $1,810 $21,128
2019 $535 $22,270 $1,757 $20,513
2018 $513 $21,622 $1,706 $19,916
2017 $525 $62,976 $4,968 $58,008
2016 $528 $61,143 $4,824 $56,319
2015 $469 $59,361 $4,683 $54,678
2014 -- $57,633 $4,548 $53,085
Source: Public Records

Agents Affiliated with this Home

  • Cindy Shoobridge

    Seller's Agent in 2022

    Cindy Shoobridge

    ROBINSON & ASSOCIATES REAL ESTATE

    (575) 390-1361

    194 Total Sales

    Cindy Shoobridge
    Section Image
  • LEEROY RIVAS

    Buyer's Agent in 2022

    LEEROY RIVAS

    Rivas Real Estate Team Co.

    (575) 318-6228

    413 Total Sales

    LEEROY RIVAS
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20212447

New Mexico MLS

APN: 4000765480001

New Mexico Lea County Hobbs 88240

506 E Copper Ave, Hobbs, NM

Not Listed for Sale

Detached

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