NOT LISTED FOR SALE

718 N Quiroz Dr Hobbs, NM 88240

Estimated Value: $151,000 - $265,309

-- Bed
-- Bath
-- Sq Ft
5,200 Sq Ft Lot

Last Sold November 14, 2022

Current estimated payment $1,344/month

2 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of November 2022

This is a fantastic investment opportunity! There are two units, each unit offers 2 bedrooms, 1 1/2 bath, and a 1 car garage at approximately 1,200 sq.ft. There is currently a new A/C unit in 720 and 718 has a 5 year old unit. New siding and garage doors were put up in spring of 2022. You do not want to miss out on this charming duplex!

Matthew Smith

MVMT REALESTATE License #50520 Listed on: 10/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1980

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 65 x 80

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Siding

Additional Features

  • 1-Story Property
  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4000762060001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,729

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Prop. Type: Residential Income
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.1194
  • Construction Type: Brick, Siding

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Water-City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 65 x 80
  • Lot Size Sq Ft: 5200
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000762060001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2728.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 15, 2022
Sold by
Spc Property Management Llc
Bought by
Dougherty Anthony Blaine and Dougherty Elizabeth Leigh
Buyer's Agent
Matthew Smith
MVMT REALESTATE
List Price
$240,000
Sold Price
$240,000
Total Days on Market
2
Views
6
Current Estimated Value
$210,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,673
Avg. Annual Appreciation
-4.99%
Original Mortgage
$180,000
Outstanding Balance
$175,283
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$35,044

Purchase Details

Closed on
May 25, 2012
Sold by
Gilmore Russell J and Gilmore Debbie
Bought by
S P C Property Managemenbt L L C
Source: Public Records

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
Dougherty Anthony Blaine -- Pioneer Title
S P C Property Managemenbt L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Anthony Blaine $180,000
Closed S P C Property Managemenbt L L C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold -- -- --
10/14/2022 10/14/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $240,000 -- --
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 $2,005 $73,363 $8,000 $65,363
2023 $2,032 $73,363 $8,000 $65,363
2022 $1,529 $73,363 $8,000 $65,363
2021 $1,481 $54,278 $6,233 $48,045
2020 $1,458 $54,278 $6,233 $48,045
2019 $1,433 $54,278 $6,233 $48,045
2018 $1,418 $54,278 $6,233 $48,045
2017 $1,499 $162,834 $18,699 $144,135
2016 $1,560 $162,834 $18,699 $144,135
2015 $1,430 $162,834 $18,699 $144,135
2014 -- $162,834 $18,699 $144,135
Source: Public Records

Agents Affiliated with this Home

  • Matthew Smith

    Buyer's Agent in 2022

    Matthew Smith

    MVMT REALESTATE

    (575) 441-3880

    121 Total Sales

    Matthew Smith
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Map

Source: New Mexico MLS

MLS Number: 20225540

New Mexico MLS

APN: 4000762060001

New Mexico Lea County Hobbs 88240

718 N Quiroz Dr, Hobbs, NM

This home is located at 718 N Quiroz Dr, Hobbs, NM 88240 since 12 October 2022 and is currently estimated at $210,327. This property was built in 1980. 718 N Quiroz Dr is a home located in Lea County with nearby schools including Mills Elementary School, Highland 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.

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