NOT LISTED FOR SALE

7125 N Davis Ln Hobbs, NM 88242

Estimated Value: $558,000 - $1,130,248

4 Beds
4.5 Baths
4,764 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 03, 2022

Current estimated payment $5,170/month

Highlights

  • Guest House
  • 5 Acre Lot
  • 2 Fireplaces
  • In Ground Pool
  • Outdoor Kitchen
  • No HOA

About This Home

As of June 2022

This home is located at 7125 N Davis Ln, Hobbs, NM 88242 since 13 March 2022 and is currently estimated at $844,124, approximately $177 per square foot. This property was built in 2014. 7125 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.

Last Agent to Sell the Property

Jennifer Contreras

Edge Realty Group License #52475 Listed on: 03/13/2022

Last Buyer's Agent

Jennifer Contreras

Edge Realty Group License #52475 Listed on: 03/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,420

Year Built

  • Built in 2014

Lot Details

  • 5 Acre Lot
  • Irregular Lot

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,764 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Kitchen

Additional Homes

  • Guest House

Utilities

  • Cooling System Powered By Gas
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4980730163041

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,420

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • New Construction: No
  • Year Built: 2014
  • Reso Property Sub Type: Single Family w/ Acreage
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot
  • ResoPoolFeatures: In Ground
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Guest House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Stories: 1

Exterior Features

  • Acres: 5
  • Exterior Features: Outdoor Kitchen

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Cooling: Electric, Gas
  • Cooling Y N: Yes
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres
  • Parcel #: 4980730163041
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8420.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2019
Sold by
Callaway Stephen and Callaway Lindsay
Bought by
Callaway Stephen and Callaway Lindsay
Current Estimated Value
$844,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 10, 2017
Sold by
Callaway Lindsay and Harrison Lindsay
Bought by
Callaway Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,417
Interest Rate
3.78%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2012
Sold by
Hobbs Land Ventures L L C
Bought by
Callaway Stephen and Harrison Lindsay
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Callaway Stephen -- First American Title Ins Co
Callaway Stephen -- None Available
Callaway Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Callaway Stephen $305,000
Closed Callaway Stephen $610,417
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold -- -- --
03/13/2022 03/13/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $1,103,000 -- $232 / 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 $8,342 $355,955 $8,333 $347,622
2023 $8,453 $355,955 $8,333 $347,622
2022 $8,420 $355,955 $8,333 $347,622
2021 $8,420 $361,262 $27,217 $334,045
2020 $8,254 $361,262 $27,217 $334,045
2019 $8,090 $361,262 $27,217 $334,045
2018 $7,997 $361,262 $27,217 $334,045
2017 $8,569 $1,083,786 $81,651 $1,002,135
2016 $8,968 $1,083,786 $81,651 $1,002,135
2015 -- $1,083,786 $81,651 $1,002,135
2014 -- $1,083,786 $81,651 $1,002,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20223062

New Mexico MLS

APN: 4980730163041