NOT LISTED FOR SALE

5614 N Lovington Highway (Rent) Hobbs, NM 88240

Estimated Value: $470,000 - $508,275

-- Bed
2 Baths
5,000 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 5614 N Lovington Highway (Rent), Hobbs, NM 88240 and is currently estimated at $489,138, approximately $97 per square foot. 5614 N Lovington Highway (Rent) is a home located in Lea County with nearby schools including College Lane Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Msj Mumford Llc
Bought by
Mrdr Investments Llc
Current Estimated Value
$489,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,500
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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.

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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
Mrdr Investments Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mrdr Investments Llc $604,500
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 $3,319 $96,181 $50,671 $45,510
2023 $3,118 $90,341 $49,195 $41,146
2022 $2,992 $90,341 $49,195 $41,146
2021 $2,898 $84,921 $46,371 $38,550
2020 $2,802 $83,570 $45,020 $38,550
2019 $2,682 $81,136 $43,709 $37,427
2018 $2,549 $77,393 $42,436 $34,957
2017 $2,617 $225,417 $123,600 $101,817
2016 $2,651 $221,817 $120,000 $101,817
2015 $2,440 $221,817 $120,000 $101,817
2014 -- $216,453 $120,000 $96,453
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

5614 N Lovington Highway (Rent), Hobbs, NM

Not Listed for Sale

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