NOT LISTED FOR SALE

701 W Sockwell St Hobbs, NM 88242

Estimated Value: $197,160

3 Beds
1.5 Baths
1,207 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 29, 2017

Current estimated payment $1,202/month

16 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • 1 Car Attached Garage
  • Fenced
  • 1-Story Property

About This Home

As of September 2017

Cute 3 bedroom home north of town with a huge 30 x 40 shop. The home has a great open floor plan with tile and carpet throughout and some updates in the bathrooms. Newer metal roof. Great landscaped back yard with flower beds and a nice sized covered patio and lots of room for parking with a double swinging drive gate. Don't miss out on this property. Call to schedule your showing today!

Last Listed By

Laura Juarez Davis

UNITED REALTY, LLC - HOBBS License #19518 Listed on: 07/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 1981

Lot Details

  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • College Lane Elementary School
  • Houston Elementary Middle School
  • Hobbs High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,365

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Directions: North on grimes East on Sockwell- Home is on the right side of the road.
  • New Construction: No
  • Year Built: 1981
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal, Pitched
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: College Lane Elementary
  • Ninth Grade High School: Hobbs High
  • Middle Or Junior School: Houston Elementary

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1365.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Sep 29, 2017
Sold by
Stephens Karl W and Stephens Betty J
Bought by
Hernandez Jonathan
Seller's Agent
Laura Juarez Davis
UNITED REALTY, LLC - HOBBS
Buyer's Agent
ERICA SALAZAR-JUAREZ
UNITED REALTY, LLC - HOBBS
List Price
$141,000
Sold Price
$141,000
Total Days on Market
16
Current Estimated Value
$197,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,160
Avg. Annual Appreciation
4.47%
Original Mortgage
$138,446
Outstanding Balance
$116,813
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$80,347

Purchase Details

Closed on
Aug 23, 2013
Sold by
Watson Penny and Watson Trundol
Bought by
Vejil James and Vejil Dixie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
4.42%
Mortgage Type
FHA

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
Hernandez Jonathan -- None Available
Vejil James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jonathan $138,446
Previous Owner Vejil James $4,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold -- -- --
08/03/2017 08/03/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $141,000 -- $117 / 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 $1,179 $50,304 $5,800 $44,504
2023 $1,195 $50,304 $5,800 $44,504
2022 $1,049 $50,304 $5,800 $44,504
2021 $1,016 $43,572 $3,333 $40,239
2020 $996 $43,572 $3,333 $40,239
2019 $976 $43,572 $3,333 $40,239
2018 $965 $43,572 $3,333 $40,239
2017 $698 $88,326 $9,999 $78,327
2016 $731 $88,326 $9,999 $78,327
2015 $391 $52,434 $2,136 $50,298
2014 -- $50,907 $2,073 $48,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20173790

New Mexico MLS

APN: 4000708120001