NOT LISTED FOR SALE

618 E Scharbauer St Hobbs, NM 88240

Estimated Value: $60,000 - $148,349

3 Beds
1 Bath
1,174 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 02, 2024

Current estimated payment $565/month

42 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available

About This Home

As of December 2024

Seller to do no repairs, property to be sold "As Is" No utilities on since early 2024, electric meter is pulled

Last Agent to Sell the Property

JUSTIN SAVELL

Found Real Estate License #54919 Listed on: 09/27/2024

Last Buyer's Agent

Rodney Davis

UNITED REALTY, LLC - HOBBS License #48560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1955

Lot Details

  • 7,980 Sq Ft Lot
  • Lot Dimensions are 57' x 140'

Parking

  • No Garage

Home Design

  • 1,174 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000121670001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1955

Lot Details

0

Listing Details

  • New Construction: No
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.1832

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 57' x 140'
  • Lot Size Sq Ft: 7980
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000121670001
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1093

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 2, 2024
Sold by
Reid Barbara Alice and Mccann Dianna L
Bought by
Salazar Fernando and Salazar Melody
Seller's Agent
JUSTIN SAVELL
Found Real Estate
Buyer's Agent
Rodney Davis
UNITED REALTY, LLC - HOBBS
List Price
$120,000
Views
27
Current Estimated Value
$102,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.99%
Original Mortgage
$208,000
Outstanding Balance
$180,894
Interest Rate
6.44%
Mortgage Type
Construction
Estimated Equity
-$78,057
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Salazar Fernando -- Pioneer Title
Salazar Fernando -- Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Fernando $208,000
Closed Salazar Fernando $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold -- -- --
11/08/2024 11/08/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $85,000 -10.5% $72 / Sq Ft
10/24/2024 10/24/24 Price Changed $95,000 -13.6% $81 / Sq Ft
10/05/2024 10/05/24 Price Changed $110,000 -8.3% $94 / Sq Ft
09/27/2024 09/27/24 For Sale $120,000 -- $102 / 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 $395 $16,437 $850 $15,587
2023 $387 $15,958 $825 $15,133
2022 $369 $15,958 $825 $15,133
2021 $356 $15,042 $778 $14,264
2020 $339 $14,604 $755 $13,849
2019 $322 $14,179 $733 $13,446
2018 $307 $13,766 $712 $13,054
2017 $314 $40,095 $2,073 $38,022
2016 $315 $38,928 $2,013 $36,915
2015 $279 $37,794 $1,953 $35,841
2014 -- $36,693 $1,896 $34,797
Source: Public Records

Agents Affiliated with this Home

  • JUSTIN SAVELL

    Seller's Agent in 2024

    JUSTIN SAVELL

    Found Real Estate

    (575) 605-1000

    93 Total Sales

    JUSTIN SAVELL
    Section Image
  • Rodney Davis

    Buyer's Agent in 2024

    Rodney Davis

    UNITED REALTY, LLC - HOBBS

    (575) 942-9170

    376 Total Sales

    Rodney Davis
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20245676

New Mexico MLS

APN: 4000121670001

New Mexico Lea County Hobbs 88240

618 E Scharbauer St, Hobbs, NM

Not Listed for Sale

Detached

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