NOT LISTED FOR SALE

507 W Castle Ave Hobbs, NM 88240

Estimated Value: $98,000 - $140,858

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

About This Home

This home is located at 507 W Castle Ave, Hobbs, NM 88240 and is currently estimated at $126,286. 507 W Castle Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2012
Sold by
Pritchard Timothy and Prithcard Susan
Bought by
Patino Cristian
Current Estimated Value
$126,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,300
Outstanding Balance
$3,902,259
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
-$3,782,138

Purchase Details

Closed on
Aug 1, 2012
Sold by
Patino Luz Elena and Patino Cristian
Bought by
Patino Cristian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,300
Outstanding Balance
$3,902,259
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
-$3,782,138
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

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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
Patino Cristian -- --
Patino Cristian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patino Cristian $5,400,300
Closed Patino Cristian $5,400,300
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 $782 $28,609 $2,003 $26,606
2023 $468 $16,881 $1,945 $14,936
2022 $448 $16,881 $1,945 $14,936
2021 $434 $15,912 $1,833 $14,079
2020 $428 $15,912 $1,833 $14,079
2019 $420 $15,912 $1,833 $14,079
2018 $416 $15,912 $1,833 $14,079
2017 $439 $47,736 $5,499 $42,237
2016 $457 $47,736 $5,499 $42,237
2015 $419 $47,736 $5,499 $42,237
2014 -- $47,736 $5,499 $42,237
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

507 W Castle Ave, Hobbs, NM

This home is located at 507 W Castle Ave, Hobbs, NM 88240 and is currently estimated at $126,286. 507 W Castle Ave is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

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