NOT LISTED FOR SALE

5311 W Hardtack Rd Hobbs, NM 88240

Estimated Value: $215,000 - $334,000

6 Beds
4 Baths
2,930 Sq Ft
$95/Sq Ft Est. Value

About This Home

This home is located at 5311 W Hardtack Rd, Hobbs, NM 88240 and is currently estimated at $278,861, approximately $95 per square foot. 5311 W Hardtack Rd is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Orellana Francisco Alexis Carranza
Bought by
Orellana Francisco Alexis Carra and Mathvega Michelle Ruby
Current Estimated Value
$278,861

Purchase Details

Closed on
Nov 14, 2018
Sold by
Spooner Wendell Keith and Spooner Debra
Bought by
Spooner Aaron T and Spooner Dustin K

Purchase Details

Closed on
Jun 14, 2018
Sold by
French Brothers Homes Llc
Bought by
Spooner Wendell Keith and Spooner Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,071
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2017
Sold by
Black Gold Estates Llc
Bought by
French Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.99%
Mortgage Type
Construction

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

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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.

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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
Orellana Francisco Alexis Carra -- None Listed On Document
Orellana Francisco Alexis Carra -- None Listed On Document
Spooner Wendell Keith -- None Available
French Brothers Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spooner Wendell Keith $245,071
Previous Owner French Brothers Inc $4,500,000
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 $2,667 $97,569 $14,000 $83,569
2023 $2,172 $78,392 $10,000 $68,392
2022 $2,144 $78,392 $10,000 $68,392
2021 $2,139 $78,392 $10,000 $68,392
2020 $2,106 $78,392 $10,000 $68,392
2019 $2,070 $78,392 $10,000 $68,392
2018 $170 $5,150 $5,150 $0
2017 $10,520 $789,000 $789,000 $0
2016 $0 $909,000 $909,000 $0
2015 -- $909,000 $909,000 $0
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

5311 W Hardtack Rd, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 5311 W Hardtack Rd, Hobbs, NM 88240 and is currently estimated at $278,861, approximately $95 per square foot. 5311 W Hardtack Rd is a home located in Lea County with nearby schools including Sanger Elementary School, Heizer Middle School, and Hobbs Freshman High School.

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