NOT LISTED FOR SALE

615 W Iron Ave Hobbs, NM 88240

Estimated Value: $168,000 - $203,000

3 Beds
1.5 Baths
1,542 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 12, 2023

Current estimated payment $1,143/month

2 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Refrigerated Cooling System
  • Fenced

About This Home

As of October 2023

Gorgeous home with lots of updates throughout and a large backyard! Great investment opportunity!

Last Listed By

CASSIE DeLEON

EDGE REALTY GROUP License #47652 Listed on: 09/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1965

Lot Details

  • 7,841

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Fenced

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000103180001

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Directions: Turn east onto Iron from Grimes
  • New Construction: No
  • Year Built: 1965
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Appliances: Cooktop, Oven, Gas Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Block, Fenced
  • Construction Type: Brick
  • Exterior Features: Sidewalk
  • Patio And Porch Features: Patio Covered

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000103180001

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 12, 2023
Sold by
Valadez Gilbert
Bought by
Benitez-Cortez Jose J and Montoya Maria I
Seller's Agent
CASSIE DeLEON
EDGE REALTY GROUP
Buyer's Agent
Monica Gutierrez
Casa Oasis Realty
List Price
$160,000
Sold Price
$160,000
Total Days on Market
2
Views
32
Current Estimated Value
$182,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,486
Avg. Annual Appreciation
8.40%
Original Mortgage
$128,000
Outstanding Balance
$126,082
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$56,404

Purchase Details

Closed on
Mar 29, 2010
Sold by
London Ernest L and London Veta C
Bought by
Valadez Gilbert

Purchase Details

Closed on
Mar 23, 2010
Sold by
Schoonover Carolyn
Bought by
London Ernest and London Veta

Range of Values:

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Average Value
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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
Benitez-Cortez Jose J -- Pioneer Title
Valadez Gilbert -- --
London Ernest -- --
London Ernest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez-Cortez Jose J $128,000
Closed Benitez Cortez Jose J $28,800
Closed Valadez Gilbert $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold -- -- --
09/03/2023 09/03/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $160,000 -- $104 / 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 $1,452 $53,119 $5,333 $47,786
2023 $1,003 $36,205 $4,188 $32,017
2022 $961 $36,205 $4,188 $32,017
2021 $931 $34,127 $3,948 $30,179
2020 $890 $33,133 $3,833 $29,300
2019 $875 $33,133 $3,833 $29,300
2018 $865 $33,133 $3,833 $29,300
2017 $915 $99,399 $11,499 $87,900
2016 $952 $99,399 $11,499 $87,900
2015 $873 $99,399 $11,499 $87,900
2014 -- $99,399 $11,499 $87,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    CASSIE DeLEON

    EDGE REALTY GROUP

    (575) 441-2613

    15 Total Sales

    CASSIE DeLEON
    Section Image
  • Monica Gutierrez

    Buyer's Agent in 2023

    Monica Gutierrez

    Casa Oasis Realty

    (575) 408-2850

    127 Total Sales

    Monica Gutierrez
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20234686

New Mexico MLS

APN: 4000103180001

New Mexico Lea County Hobbs 88240

615 W Iron Ave, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 615 W Iron Ave, Hobbs, NM 88240 since 01 September 2023 and is currently estimated at $182,486, approximately $118 per square foot. This property was built in 1965. 615 W Iron Ave 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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