NOT LISTED FOR SALE

702 W Millen Dr Hobbs, NM 88242

Estimated Value: $99,000 - $178,000

2 Beds
1 Bath
1,019 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 09, 2020

Current estimated payment $916/month

17 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1 Car Attached Garage

About This Home

As of April 2020

Great investment opportunity! Would make a great rental property or home with 2 bedrooms and 2 bathrooms.

Last Listed By

Matthew Smith

MVMT REALESTATE License #50520 Listed on: 01/27/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $821

Year Built

  • Built in 1983

Lot Details

  • 1,263

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,019 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000792960001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$821

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1983
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1

Garage/Parking

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

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000792960001

Green Features

Tax Info

  • Year: 2019
  • Tax Annual Amount: 821.15

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Apr 9, 2020
Sold by
Spears Brandon James
Bought by
Friesen Johny P
Seller's Agent
Matthew Smith
MVMT REALESTATE
Buyer's Agent
Tracy Coleman
EDGE REALTY GROUP
List Price
$110,000
Sold Price
$109,000
Premium/Discount to List
-$1,000
-0.91%
Total Days on Market
17
Current Estimated Value
$151,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,813
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Bessire Sharon D
Bought by
Spears Brandon James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,738,700
Interest Rate
3.57%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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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
Friesen Johny P -- First American Title Ins Co
Spears Brandon James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spears Brandon James $8,738,700
Previous Owner Bessire Sharon D $5,880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2020 04/09/20 Sold -- -- --
02/13/2020 02/13/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $110,000 -- $108 / 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 $789 $33,647 $3,742 $29,905
2023 $776 $32,667 $3,633 $29,034
2022 $763 $32,667 $3,633 $29,034
2021 $761 $32,667 $3,633 $29,034
2020 $555 $24,286 $2,697 $21,589
2019 $544 $24,286 $2,697 $21,589
2018 $538 $24,286 $2,697 $21,589
2017 $576 $72,858 $8,091 $64,767
2016 $603 $72,858 $8,091 $64,767
2015 $543 $72,858 $8,091 $64,767
2014 -- $72,366 $7,599 $64,767
Source: Public Records

Agents Affiliated with this Home

  • Matthew Smith

    Seller's Agent in 2020

    Matthew Smith

    MVMT REALESTATE

    (575) 441-3880

    14 in this area

    120 Total Sales

    Matthew Smith
    Section Image
  • Tracy Coleman

    Buyer's Agent in 2020

    Tracy Coleman

    EDGE REALTY GROUP

    (575) 318-6404

    66 Total Sales

    Tracy Coleman
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20200475

New Mexico MLS

APN: 4000792960001

New Mexico Lea County Hobbs 88240

702 W Millen Dr, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 702 W Millen Dr, Hobbs, NM 88242 since 27 January 2020 and is currently estimated at $151,813, approximately $148 per square foot. This property was built in 1983. 702 W Millen Dr is a home located in Lea County with nearby schools including College Lane Elementary School, Houston 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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