NOT LISTED FOR SALE

7405 N Plainfield Dr Hobbs, NM 88242

Estimated Value: $242,717 - $355,000

-- Bed
-- Bath
-- Sq Ft
1.43 Acres

About This Home

This home is located at 7405 N Plainfield Dr, Hobbs, NM 88242 and is currently estimated at $295,572. 7405 N Plainfield Dr is a home located in Lea County with nearby schools including College Lane Elementary School, Houston Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Nixon Rex E and Nixon Joel Shane
Bought by
Taylor Raymond W
Current Estimated Value
$295,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,010
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$96,562

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Taylor Raymond W -- First American Title Insurance
Taylor Raymond W -- First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Raymond W $200,000
Closed Taylor Raymond W $200,000
Source: Public Records

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 $1,195 $52,982 $4,256 $48,726
2023 $1,174 $51,439 $4,132 $47,307
2022 $1,120 $51,439 $4,132 $47,307
2021 $1,083 $48,486 $3,895 $44,591
2020 $1,030 $47,074 $3,782 $43,292
2019 $979 $45,703 $3,672 $42,031
2018 $938 $44,372 $3,565 $40,807
2017 $974 $129,237 $10,383 $118,854
2016 $989 $125,472 $10,080 $115,392
2015 $863 $121,818 $9,786 $112,032
2014 -- $118,269 $9,501 $108,768
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

7405 N Plainfield Dr, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 7405 N Plainfield Dr, Hobbs, NM 88242 and is currently estimated at $295,572. 7405 N Plainfield 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.

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