NOT LISTED FOR SALE

507 W Millen Dr Hobbs, NM 88242

Estimated Value: $98,000 - $285,000

3 Beds
2 Baths
1,719 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 11, 2022

Current estimated payment $1,390/month

29 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Fenced
  • Covered patio or porch
  • Cooling System Powered By Gas
  • Wood Burning Fireplace

About This Home

As of January 2022

Looking for Country property with land AND TWO LARGE SHOPS? This 3 bedroom brick home is perfect for you. Home has 2 bathrooms, and a 2 car garage, and nice brick fireplace under the bright sky-light. Enclosed Patio, great for family gatherings. 2 large shops in the back. Fence around property, storage buildings, gazebo, circle drive and a driveway. Trees everywhere, along with landscaping with a little TLC. This home is setting on .97 acre. Property is on Well and Septic, but has access to city water and sewer. Call Kerry Griffin at 575-390-5785 to view this listing today. This home will not last long.

Last Listed By

Kerry Griffin

BURKETT - SHAW REALTY / HOBBS License #54367 Listed on: 09/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,942

Year Built

  • Built in 1986

Lot Details

  • 1 Acre Lot
  • Fenced
  • Zoning described as HO-Zone 13

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling System Powered By Gas
  • Refrigerated Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 400076656001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,942

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Directions: North on Grimes, Left on Millen, Home is on the right.
  • New Construction: No
  • Year Built: 1986
  • Prop. Type: Residential
  • Co List Office Mls Id: HOBOBBY SH
  • Co List Office Phone: 575-392-2023
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Appliances: Dishwasher, Built-In Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Acres: 1
  • Construction Type: Brick, Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Patio Covered, Screened

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: Natural Gas
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: appro x . 1 acre
  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres
  • Parcel #: 400076656001
  • Zoning Description: HO-Zone 13
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1942.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Jan 11, 2022
Sold by
Roy Richardson
Bought by
Arrieta David
Seller's Agent
Kerry Griffin
BURKETT - SHAW REALTY / HOBBS
Buyer's Agent
Mayte Rodriguez-Holguin
ELITE REAL ESTATE
List Price
$250,000
Sold Price
$227,500
Premium/Discount to List
-$22,500
-9%
Total Days on Market
29
Current Estimated Value
$224,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,639
Avg. Annual Appreciation
-0.34%
Original Mortgage
$223,378
Outstanding Balance
$208,225
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$16,636

Purchase Details

Closed on
Dec 4, 2012
Sold by
Torrez Mitchell G and Torrez Alicia R
Bought by
Torrez Mitchell G and Torrez Alicia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200,000
Interest Rate
3.42%
Mortgage Type
FHA

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
Arrieta David -- Pioneer Title
Torrez Mitchell G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrieta David $223,378
Closed Arrieta David $223,378
Previous Owner Torrez Mitchell G $25,200,000
Previous Owner Torrez Mitchell G $25,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold -- -- --
12/10/2021 12/10/21 Off Market -- -- --
11/23/2021 11/23/21 For Sale $250,000 0.0% $145 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $250,000 -3.8% $145 / Sq Ft
09/27/2021 09/27/21 For Sale $260,000 -- $151 / 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 $1,577 $67,307 $7,583 $59,724
2023 $1,598 $67,307 $7,583 $59,724
2022 $912 $67,307 $7,583 $59,724
2021 $836 $37,884 $1,870 $36,014
2020 $795 $36,781 $1,816 $34,965
2019 $755 $35,710 $1,763 $33,947
2018 $723 $34,670 $1,712 $32,958
2017 $751 $100,980 $4,986 $95,994
2016 $762 $98,040 $4,842 $93,198
2015 $664 $95,184 $4,701 $90,483
2014 -- $92,412 $4,563 $87,849
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kerry Griffin

    BURKETT - SHAW REALTY / HOBBS

  • Mayte Rodriguez-Holguin

    Buyer's Agent in 2022

    Mayte Rodriguez-Holguin

    ELITE REAL ESTATE

    (575) 942-7991

    26 in this area

    184 Total Sales

    Mayte Rodriguez-Holguin
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20215240

New Mexico MLS

APN: 4000766560001

New Mexico Lea County Hobbs 88240

507 W Millen Dr, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 507 W Millen Dr, Hobbs, NM 88242 since 27 September 2021 and is currently estimated at $224,861, approximately $130 per square foot. This property was built in 1986. 507 W Millen Dr is a home located in Lea County with nearby schools including College Lane Elementary School, Houston 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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