NOT LISTED FOR SALE

534 E Kiva Dr Hobbs, NM 88240

Estimated Value: $206,000

3 Beds
2 Baths
1,290 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 30, 2019

Current estimated payment $1,178/month

15 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • 1 Car Attached Garage
  • Fenced
  • 1-Story Property

About This Home

As of September 2019

Cute 3 bedroom, 2 bath home with one car garage. Please call us for a showing!

Last Agent to Sell the Property

Martha Thomas

Casa Oasis Realty Listed on: 07/10/2019

Last Buyer's Agent

OSCAR CABALLERO

DESERT REALTY License #18235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1983

Lot Details

  • 4,354 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 4000765560001

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1983
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: REO Sale
  • Carport Y N: No
  • Reso Flooring: Carpet, Laminate
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas Starter, Family Room
  • Appliances: Dishwasher, Range Hood, Free-Standing Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Acres: 0.1
  • Construction Type: Brick
  • Exterior Features: Sidewalk
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4354.1
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000765560001
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 931.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 21, 2019
Sold by
Reverse Mortgage Funding Llc
Bought by
Jaab Investments Llc
Seller's Agent
Martha Thomas
Casa Oasis Realty
Buyer's Agent
OSCAR CABALLERO
DESERT REALTY
List Price
$107,000
Current Estimated Value
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Apr 10, 2019
Sold by
County Of Lea
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
Jan 25, 2013
Sold by
Bennett Pennie L
Bought by
Bennett Pennie and Bennett Gearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,325,000
Interest Rate
3.39%
Mortgage Type
Stand Alone Second
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
Jaab Investments Llc $101,650 None Available
Reverse Mortgage Funding Llc -- None Available
Bennett Pennie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Pennie $14,325,000
Previous Owner Bennett Pennie $14,325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold -- -- --
07/25/2019 07/25/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $107,000 -- $83 / 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 $764 $27,962 $2,243 $25,719
2023 $752 $27,148 $2,178 $24,970
2022 $721 $27,148 $2,178 $24,970
2021 $698 $25,590 $2,053 $23,537
2020 $668 $24,844 $1,993 $22,851
2019 $637 $24,120 $1,935 $22,185
2018 $612 $23,418 $1,879 $21,539
2017 $628 $68,208 $5,472 $62,736
2016 $634 $66,222 $5,313 $60,909
2015 $565 $64,293 $5,157 $59,136
2014 -- $62,421 $5,007 $57,414
Source: Public Records

Agents Affiliated with this Home

  • Martha Thomas

    Seller's Agent in 2019

    Martha Thomas

    Casa Oasis Realty

    (575) 390-8104

    141 Total Sales

    Martha Thomas
    Section Image

  • O

    Buyer's Agent in 2019

    OSCAR CABALLERO

    DESERT REALTY

    (575) 397-5033

    8 Total Sales

    OSCAR CABALLERO
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20193245

New Mexico MLS

APN: 4000765560001

New Mexico Lea County Hobbs 88240

534 E Kiva Dr, Hobbs, NM

This home is located at 534 E Kiva Dr, Hobbs, NM 88240 since 10 July 2019 and is currently estimated at $206,000, approximately $159 per square foot. This property was built in 1983. 534 E Kiva Dr is a home located in Lea County with nearby schools including Mills Elementary School, Highland 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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