NOT LISTED FOR SALE

531 N Burke Hobbs, NM 88240

Estimated Value: $158,000 - $220,073

3 Beds
2 Baths
1,718 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 04, 2020

Current estimated payment $1,107/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1 Car Detached Garage

About This Home

As of February 2020

Cozy and welcoming!!! Three bedroom, two bathroom home with many updates over the last few years. Home features two living areas with spacious kitchen and dining area. Bonus room in the back that could be a sun room, game room, or extra bedroom! This house even has a detached, 1 car garage/workshop. Call to schedule your showing today!!

Last Agent to Sell the Property

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945 Listed on: 12/23/2019

Last Buyer's Agent

LEEROY RIVAS

Rivas Real Estate Team Co. License #50945 Listed on: 12/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 140 x 50
  • Front Yard Sprinklers

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,718 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000165950001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Sprinklers In Front
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Free-Standing Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Acres: 0.1607
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 140 x 50
  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000165950001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1188.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Ponce Carlos Ramon and Ponce Maria Lizbeth
Bought by
Carrera Cesar Ivan Rodrigu
Current Estimated Value
$180,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,100
Outstanding Balance
$28,656
Interest Rate
7.09%
Estimated Equity
$151,337

Purchase Details

Listed on
Dec 23, 2019
Closed on
Mar 4, 2020
Sold by
Perez Angel and Perez Socorro
Bought by
Ponce Carlos R and Ponce Maria L
Seller's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
Buyer's Agent
LEEROY RIVAS
Rivas Real Estate Team Co.
List Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$132,554
Interest Rate
3.37%
Mortgage Type
FHA
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
Carrera Cesar Ivan Rodrigu -- First American Title Insurance
Ponce Carlos R -- Pioneer Title And Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrera Cesar Ivan Rodrigu $29,100
Open Carrera Cesar Ivan Rodrigu $126,400
Previous Owner Ponce Carlos R $132,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold -- -- --
12/27/2019 12/27/19 Pending -- -- --
12/23/2019 12/23/19 For Sale $135,000 -- $79 / 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 $1,425 $52,154 $6,667 $45,487
2023 $1,152 $41,590 $4,500 $37,090
2022 $1,138 $41,590 $4,500 $37,090
2021 $1,135 $41,590 $4,500 $37,090
2020 $663 $24,676 $643 $24,033
2019 $633 $23,957 $624 $23,333
2018 $608 $23,259 $606 $22,653
2017 $624 $67,743 $1,764 $65,979
2016 $630 $65,769 $1,713 $64,056
2015 $561 $63,852 $1,662 $62,190
2014 -- $61,992 $1,614 $60,378
Source: Public Records

Agents Affiliated with this Home

  • LEEROY RIVAS

    Seller's Agent in 2020

    LEEROY RIVAS

    Rivas Real Estate Team Co.

    (575) 318-6228

    415 Total Sales

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Map

Source: New Mexico MLS

MLS Number: 20196101

New Mexico MLS

APN: 4000165950001

New Mexico Lea County Hobbs 88240

531 N Burke, Hobbs, NM

This home is located at 531 N Burke, Hobbs, NM 88240 since 23 December 2019 and is currently estimated at $185,358, approximately $107 per square foot. This property was built in 1965. 531 N Burke is a home located in Lea County with nearby schools including Jefferson Elementary School, Heizer 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.

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