NOT LISTED FOR SALE

518 N Shipp St Hobbs, NM 88240

Estimated Value: $230,776 - $286,000

-- Bed
3 Baths
2,736 Sq Ft
$92/Sq Ft Est. Value

About This Home

This home is located at 518 N Shipp St, Hobbs, NM 88240 and is currently estimated at $252,592, approximately $92 per square foot. 518 N Shipp St is a home located in Lea County with nearby schools including Will Rogers Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2020
Sold by
Labree Craig J and Labree Rita
Bought by
Macy Ruth K
Current Estimated Value
$252,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Outstanding Balance
$123,669
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$68,716
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Macy Ruth K -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macy Ruth K $138,000
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 $1,440 $41,744 $3,824 $37,920
2023 $1,266 $36,678 $3,713 $32,965
2022 $1,215 $36,678 $3,713 $32,965
2021 $1,031 $30,228 $2,507 $27,721
2020 $1,011 $30,155 $2,434 $27,721
2019 $968 $29,277 $2,363 $26,914
2018 $954 $28,957 $2,294 $26,663
2017 $979 $84,339 $6,681 $77,658
2016 $1,006 $84,144 $6,486 $77,658
2015 $925 $84,144 $6,486 $77,658
2014 -- $80,397 $6,486 $73,911
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

518 N Shipp St, Hobbs, NM

This home is located at 518 N Shipp St, Hobbs, NM 88240 and is currently estimated at $252,592, approximately $92 per square foot. 518 N Shipp St is a home located in Lea County with nearby schools including Will Rogers 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.

Nearby Homes