NOT LISTED FOR SALE

506 W Cochiti Ave Hobbs, NM 88240

Estimated Value: $225,000 - $363,724

4 Beds
3 Baths
2,950 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 15, 2017

Current estimated payment $1,853/month

83 Days on Market

Highlights

  • Spa
  • 2 Car Attached Garage
  • Spa Bath
  • No HOA
  • Cooling System Powered By Gas
  • Patio

About This Home

As of March 2017

Hud Housing, Case# 361-333062 Sold AS-IS w/all faults. No Warranties Implied or Expressed by the Seller. Please visit www.HUDHomestore.com. For Utility Turn Ons. Approval must be granted in advance from HUD's Field Svc Mgr. In cases where plumbing deficiencies exist approval for water turn on may be denied. Review PCR for utility turn on information. PCR is not to be relied upon in lieu of a home inspection.Very Nice updated home in a desirable neighborhood. Close to shopping, resaurants, schools, theatre. 4 bedrooms plus office and sunroom with lots of built in cabinets. There is a greenhouse and a storage room in the backyard.

Last Agent to Sell the Property

Martha Thomas

Casa Oasis Realty Listed on: 10/29/2016

Last Buyer's Agent

LISA MELENDEZ

Motion Realty, LLC License #49278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1976

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Spa Bath
  • Separate Shower

Outdoor Features

  • Spa
  • Patio
  • Shed

Schools

  • Mills Elementary School
  • Highland Middle School
  • Hobbs High School

Utilities

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

Community Details

  • No Home Owners Association
  • Los Santos Sub Division Subdivision

Listing and Financial Details

  • Auction
  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 4000165270001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,935

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Directions: Going North on Grimes at Cochiti turn right going east. Is on the Northside of street.
  • New Construction: No
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Sprinklers In Rear, Sprinklers In Front
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti, Auction, Real Estate Owned
  • Subdivision Name: Los Santos Sub-Division
  • Carport Y N: No
  • Reso Flooring: Tile
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: 1088
  • Property Sub Type: Detached

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • Bedroom/Bathroom Features: Separate Shower

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mills Elementary
  • Ninth Grade High School: Hobbs High
  • Middle Or Junior School: Highland

Lot Info

  • Parcel #: 4000165270001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1935.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Perez Arturo G
Bought by
Perez Manuel I and Miranda Rebeca J
Current Estimated Value
$308,908

Purchase Details

Listed on
Oct 29, 2016
Closed on
Mar 15, 2017
Sold by
Secretary Of Hud
Bought by
Perez Arturo G
Seller's Agent
Martha Thomas
Casa Oasis Realty
Buyer's Agent
LISA MELENDEZ
Motion Realty, LLC
List Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$146,427
Outstanding Balance
$123,691
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$127,213
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
Perez Manuel I -- None Available
Perez Arturo G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Arturo G $146,427
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold -- -- --
01/20/2017 01/20/17 Pending -- -- --
10/29/2016 10/29/16 For Sale $140,000 -- $47 / 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 $1,938 $70,917 $5,305 $65,612
2023 $1,907 $68,851 $5,150 $63,701
2022 $1,828 $68,851 $5,150 $63,701
2021 $1,824 $66,846 $5,000 $61,846
2020 $1,796 $66,846 $5,000 $61,846
2019 $1,765 $66,846 $5,000 $61,846
2018 $1,746 $66,846 $5,000 $61,846
2017 $1,935 $210,180 $15,000 $195,180
2016 $2,014 $210,180 $15,000 $195,180
2015 $1,845 $210,180 $15,000 $195,180
2014 -- $210,180 $15,000 $195,180
Source: Public Records

Agents Affiliated with this Home

  • Martha Thomas

    Seller's Agent in 2017

    Martha Thomas

    Casa Oasis Realty

    (575) 390-8104

    142 Total Sales

    Section Image
  • LISA MELENDEZ

    Buyer's Agent in 2017

    LISA MELENDEZ

    Motion Realty, LLC

    (575) 691-9748

    134 Total Sales

    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20165353

New Mexico MLS

APN: 4000165270001

New Mexico Lea County Hobbs 88240

506 W Cochiti Ave, Hobbs, NM

This home is located at 506 W Cochiti Ave, Hobbs, NM 88240 since 29 October 2016 and is currently estimated at $308,908, approximately $104 per square foot. This property was built in 1976. 506 W Cochiti 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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