NOT LISTED FOR SALE

507 W Scharbauer St Hobbs, NM 88240

Estimated Value: $87,000 - $131,000

2 Beds
1 Bath
800 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 31, 2013

Current estimated payment $572/month

65 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

About This Home

As of October 2013

Starter home or Rental, 2 bedroom, 1 bath small home.

Last Agent to Sell the Property

Linda Meador

PRIME REALTY License #47354 Listed on: 06/24/2013

Last Buyer's Agent

LYNN ATWOOD

BURKETT - SHAW REALTY / HOBBS License #44024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $443

Year Built

  • Built in 1950

Lot Details

  • 6,403

Parking

  • No Garage

Home Design

  • 800 Sq Ft Home
  • Pitched Roof
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Highland Park Addition Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$443

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: South on Grimes, Left on Sanger, Right on Leech & Left on Scharbauer St, house on the right.
  • New Construction: No
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: Highland Park Addition
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 442.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Oct 31, 2013
Sold by
Holiday Island Development Corporation
Bought by
Villescas Jesus and Villescas Ana M
Seller's Agent
Linda Meador
PRIME REALTY
Buyer's Agent
LYNN ATWOOD
BURKETT - SHAW REALTY / HOBBS
List Price
$56,000
Current Estimated Value
$105,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$5,105,800
Outstanding Balance
$3,815,189
Interest Rate
4.28%
Mortgage Type
FHA
Estimated Equity
-$3,709,697
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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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
Villescas Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villescas Jesus $5,105,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold -- -- --
08/28/2013 08/28/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $56,000 -- $70 / 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 $227 $8,297 $911 $7,386
2023 $223 $8,055 $884 $7,171
2022 $214 $8,055 $884 $7,171
2021 $207 $7,592 $833 $6,759
2020 $204 $7,592 $833 $6,759
2019 $201 $7,592 $833 $6,759
2018 $198 $7,592 $833 $6,759
2017 $210 $22,776 $2,499 $20,277
2016 $218 $22,776 $2,499 $20,277
2015 $200 $22,776 $2,499 $20,277
2014 -- $22,776 $2,499 $20,277
Source: Public Records

Agents Affiliated with this Home

  • Linda Meador

    Seller's Agent in 2013

    Linda Meador

    PRIME REALTY

    (575) 390-8088

    10 Total Sales

    Linda Meador
    Section Image

  • L

    Buyer's Agent in 2013

    LYNN ATWOOD

    BURKETT - SHAW REALTY / HOBBS

    (575) 392-2023

    2 Total Sales

    LYNN ATWOOD
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20133693

New Mexico MLS

APN: 4000123570001

New Mexico Lea County Hobbs 88240

507 W Scharbauer St, Hobbs, NM

Not Listed for Sale

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