NOT LISTED FOR SALE

722 W Broom Dr Hobbs, NM 88240

Estimated Value: $175,000 - $370,000

3 Beds
1 Bath
1,092 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 14, 2020

Current estimated payment $1,289/month

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Shed
  • No HOA
  • Refrigerated Cooling System
  • Satellite Dish

About This Home

As of May 2020

This property is Nice! It sits in the middle of 2 lots that total.56 acres. There are 2 more lots included to the east of the house which are the same size for a total of 1.12 acres. Per seller: Improvements in last 3 years include a metal roof & 2 window units. Improvements in the last 5 years include: Tile & laminate throughout the house except one bedroom which has original hardwood. Kitchen, pantry/laundry room, sink, cabinetry, dishwasher, stove & broom closet. Sheetrock & insulation in living room, bathroom, 1st bedroom & kitchen ceilings were all re-textured. Plumbing, electrical in house, shop, carport & well house, new electrical box, gas & sewer lines, wall heaters inside home & well house, bathroom: all new in 5 years tub, toilet, sink & vanity. All light fixtures & ceiling fans in all rooms. Basically, this home is move in ready!

Last Agent to Sell the Property

Rusty Taylor

Edge Realty Group License #32732 Listed on: 03/09/2020

Last Buyer's Agent

Rusty Taylor

Edge Realty Group License #32732 Listed on: 03/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $963

Year Built

  • Built in 1973

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 165 x 291.25

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • College Lane Elementary School
  • Houston Middle School
  • Freshman/Hhs High School

Utilities

  • Refrigerated Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • M & B (Aka Shaw Tr 1 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4000405760001

Home Details

Home Type

Single Family

Est. Annual Taxes

$963

Year Built

Built in 1973

Lot Details

1.1 Acres

Parking

1

Listing Details

  • Directions: Corner of N. Grimes & Broom; house sits on the north side (yellow)
  • New Construction: No
  • Year Built: 1973
  • Prop. Type: Residential
  • ResoOtherEquipment: Satellite Dish
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: M & B (Aka Shaw Tr 1-4
  • Architectural Style: Ranch, Conventional
  • Carport Y N: No
  • Reso Flooring: Laminate, Tile, Vinyl, Wood
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Free-Standing Range, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Metal, Pitched
  • Acres: 1.1032
  • Construction Type: Floor-Wood, Frame

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Cable Connected
  • Sewer: Septic Tank
  • Cooling: Refrigerated, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Wall Furnace
  • HeatingYN: Yes
  • Water Source: Well, Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: College Lane
  • Ninth Grade High School: Freshman/Hhs
  • Middle Or Junior School: Houston

Lot Info

  • Lot Dimensions: 165 x 291.25
  • Lot Size Sq Ft: 48056.25
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000405760001
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Year: 2019
  • Tax Annual Amount: 962.99

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Espinoza Manuel and Espinoza Mary Elizabeth
Bought by
Lugo Jonathan Javier and Lugo Lizbeth M
Current Estimated Value
$233,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,572
Outstanding Balance
$128,782
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$104,780

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 15, 2020
Sold by
Mcguinness Julie Erin
Bought by
Espinoza Manuel and Espinoza Mary
Seller's Agent
Rusty Taylor
Edge Realty Group
Buyer's Agent
Rusty Taylor
Edge Realty Group
List Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$93,750
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records
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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
Lugo Jonathan Javier -- First American Title Insurance
Espinoza Manuel -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Jonathan Javier $131,572
Previous Owner Espinoza Manuel $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2020 05/14/20 Sold -- -- --
03/09/2020 03/09/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $129,000 -- $118 / Sq Ft
Source: New Mexico MLS

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 $1,027 $43,804 $4,467 $39,337
2023 $895 $44,887 $11,181 $33,706
2022 $1,123 $44,887 $11,181 $33,706
2021 $1,121 $44,695 $10,989 $33,706
2020 $0 $33,710 $10,989 $22,721
2019 $0 $26,354 $3,633 $22,721
2018 $790 $26,324 $3,603 $22,721
2017 $789 $78,888 $10,725 $68,163
2016 $170 $44,898 $9,141 $35,757
2015 $170 $40,869 $6,153 $34,716
2014 -- $39,678 $5,973 $33,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20201233

New Mexico MLS

APN: 4000406040001

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