NOT LISTED FOR SALE

6427 N Davis Ln Hobbs, NM 88242

Estimated Value: $382,000 - $430,000

-- Bed
-- Bath
-- Sq Ft
0.93 Acres

About This Home

This home is located at 6427 N Davis Ln, Hobbs, NM 88242 and is currently estimated at $401,228. 6427 N Davis Ln 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
Nov 5, 2024
Sold by
Craig Cynthia Michele and Craig William Bradley
Bought by
Mendiola Jonathan Kyle
Current Estimated Value
$401,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Outstanding Balance
$222,750
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$171,178
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Mendiola Jonathan Kyle -- Pioneer Title
Mendiola Jonathan Kyle -- Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendiola Jonathan Kyle $223,850
Closed Mendiola Jonathan Kyle $223,850
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 $2,787 $120,937 $5,740 $115,197
2023 $2,756 $118,059 $5,573 $112,486
2022 $2,646 $118,059 $5,573 $112,486
2021 $2,608 $111,907 $5,253 $106,654
2020 $2,497 $109,273 $5,100 $104,173
2019 $2,433 $108,647 $5,100 $103,547
2018 $2,392 $108,039 $5,100 $102,939
2017 $2,549 $322,347 $15,300 $307,047
2016 $2,653 $320,628 $15,300 $305,328
2015 $1,962 $320,628 $15,300 $305,328
2014 -- $263,352 $15,300 $248,052
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

6427 N Davis Ln, Hobbs, NM

This home is located at 6427 N Davis Ln, Hobbs, NM 88242 and is currently estimated at $401,228. 6427 N Davis Ln is a home located in Lea County with nearby schools including College Lane Elementary School, Houston Middle School, and Hobbs Freshman High School.

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