NOT LISTED FOR SALE

7520 Palo Verde Hobbs, NM 88242

Estimated Value: $225,000 - $257,000

3 Beds
2 Baths
1,595 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 26, 2019

Current estimated payment $1,444/month

11 Days on Market

Highlights

  • 2.5 Acre Lot
  • 1 Car Detached Garage
  • Central Air
  • No HOA

About This Home

As of April 2019

Check out this 3 bedroom home on 1 acre north of Hobbs!

Last Agent to Sell the Property

ALLIE ETIER

Found Real Estate License #51017 Listed on: 02/15/2019

Last Buyer's Agent

Mayte Rodriguez-Holguin

ELITE REAL ESTATE License #REC-2023-0265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 2008

Lot Details

  • 2.5 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 1,595 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • College Lane Elementary School
  • Houston Middle School
  • HHS High School

Utilities

  • Central Air
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • La Paloma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4960629122720

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,249

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Directions: Left on Kansas from Dal Paso; Left on Palo Verde; Last house on the right
  • New Construction: No
  • Year Built: 2008
  • Prop. Type: Residential
  • Subdivision Name: La Paloma
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Acres: 2.5

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Domestic Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 108900
  • ResoLotSizeUnits: Acres
  • Parcel #: 4960629122720
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1248.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 26, 2019
Sold by
Mccormick Troy and Mccormick Morgan
Bought by
Castro Raymundo Chavez and Reyes Carla J
Seller's Agent
ALLIE ETIER
Found Real Estate
Buyer's Agent
Mayte Rodriguez-Holguin
ELITE REAL ESTATE
List Price
$170,000
Sold Price
$164,500
Premium/Discount to List
-$5,500
-3.24%
Total Days on Market
11
Current Estimated Value
$238,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,877
Avg. Annual Appreciation
6.20%
Original Mortgage
$161,519
Outstanding Balance
$144,564
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$92,877
Source: Public Records

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Range of Values:

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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
Castro Raymundo Chavez -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Raymundo Chavez $32,421
Open Castro Raymundo Chavez $161,519
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold -- -- --
02/26/2019 02/26/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $170,000 -- $107 / 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 $1,267 $54,076 $6,867 $47,209
2023 $1,247 $52,501 $6,667 $45,834
2022 $1,227 $52,501 $6,667 $45,834
2021 $1,224 $52,501 $6,667 $45,834
2020 $1,200 $52,501 $6,667 $45,834
2019 $1,297 $57,903 $6,667 $51,236
2018 $1,249 $56,411 $6,667 $49,744
2017 $1,304 $164,886 $20,001 $144,885
2016 $1,280 $160,665 $20,001 $140,664
2015 $1,122 $156,567 $20,001 $136,566
2014 -- $152,589 $20,001 $132,588
Source: Public Records

Agents Affiliated with this Home

  • ALLIE ETIER

    Seller's Agent in 2019

    ALLIE ETIER

    Found Real Estate

    (575) 201-3123

    13 in this area

    63 Total Sales

    ALLIE ETIER
    Section Image
  • Mayte Rodriguez-Holguin

    Buyer's Agent in 2019

    Mayte Rodriguez-Holguin

    ELITE REAL ESTATE

    (575) 942-7991

    27 in this area

    187 Total Sales

    Mayte Rodriguez-Holguin
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20190803

New Mexico MLS

APN: 4960629122720

New Mexico Lea County Hobbs 88242

7520 Palo Verde, Hobbs, NM

This home is located at 7520 Palo Verde, Hobbs, NM 88242 since 15 February 2019 and is currently estimated at $238,377, approximately $149 per square foot. This property was built in 2008. 7520 Palo Verde is a home located in Lea County with nearby schools including College Lane 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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