Seller's Agent in 2024
Josue Palacios
Elite Real Estate
(806) 445-4599
17 in this area
119 Total Sales
Estimated Value: $531,000 - $657,300
4
Beds
3.5
Baths
2,246
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- 2.02 Acre Lot
- 3 Car Attached Garage
- Tile Flooring
- No HOA
- Surveillance System
- Central Air
About This Home
As of November 2024Nestled on a 2.2-acre lot just north of Hobbs in Lea County, this custom-built home offers a perfect blend of elegance and functionality. Inside, you'll find custom cabinetry throughout, providing generous storage space. The open-concept kitchen and living area are designed with entertaining in mind, featuring top-of-the-line appliances, beautiful granite countertops, ample storage, and a stunning walk-in pantry. The master suite is secluded for privacy, with a spacious walk-in closet large enough to accommodate both his and hers wardrobes. Three additional bedrooms each offer walk-in closets with custom shelving, and they share two full-sized bathrooms. Every detail of this home has been thoughtfully considered to create a warm and inviting living space. The outdoor area is equally impressive, featuring a large covered patio connected to a 20' x 30' storage building. A 12' x 16' pergola leads to a 20' x 30' concrete slab, reinforced to support the existing 12' x 24' above-ground swimming pool. The property is surrounded by cinder block fencing with two custom metal gates at the front and a large vehicle access gate at the rear, which can be accessed from both North Issac and West Florida Streets. A highlight of this property is the custom-built metal shop, measuring 35' x 60', with an additional 16' x 60' lean-to. The shop is fully equipped with electricity, running water, and its own dedicated septic system. Inside, there is a custom-built kitchenette with abundant cabinetry and a spacious half bath, making this a versatile space for a variety of uses. This home seamlessly combines comfort, practicality, and outdoor living, making it an exceptional place to call home.
Last Agent to Sell the Property
Elite Real Estate License #53708 Listed on: 08/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,540
Year Built
- Built in 2019
Lot Details
- 2.02 Acre Lot
- Irregular Lot
- Front Yard Sprinklers
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Shingle Roof
Interior Spaces
- 2,246 Sq Ft Home
- Ceiling Fan
- Fireplace With Gas Starter
- Tile Flooring
- Surveillance System
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Secondary Bathroom Double Sinks
- Separate Shower
Utilities
- Central Air
- Natural Gas Connected
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4981212153654
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Nov 14, 2024
Sold by
Romero Demetrio and Romero Veronica
Bought by
Brainard Franklin James and Brainard La Ronda
Seller's Agent
Josue Palacios
Elite Real Estate
Buyer's Agent
Ashley Pratt
PRIME REALTY
List Price
$699,900
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$468,000
Outstanding Balance
$463,341
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$151,234
Purchase Details
Closed on
Jul 2, 2021
Sold by
Romero Demetrio and Romero Veronica
Bought by
Romero Demetrio and Romero Veronica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2019
Sold by
Berry & Gomez Llc
Bought by
Romero Demetrio and Romero Veronica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2018
Sold by
Menchaca Juana G and Menchaca Gorgonia A
Bought by
Berry And Gomez Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$803,000
Interest Rate
4.7%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brainard Franklin James | -- | Pioneer Title | |
| Brainard Franklin James | -- | Pioneer Title | |
| Romero Demetrio | -- | First American Title Ins Co | |
| Romero Demetrio | -- | None Available | |
| Berry And Gomez Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brainard Franklin James | $468,000 | |
| Closed | Brainard Franklin James | $468,000 | |
| Previous Owner | Romero Demetrio | $250,000 | |
| Previous Owner | Romero Demetrio | $180,000 | |
| Previous Owner | Berry And Gomez Llc | $803,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | -- | -- | -- | |
| 10/19/2024 10/19/24 | Pending | -- | -- | -- | |
| 10/15/2024 10/15/24 | Price Changed | $580,000 | -10.8% | $258 / Sq Ft | |
| 10/15/2024 10/15/24 | Price Changed | $650,000 | -7.1% | $289 / Sq Ft | |
| 10/12/2024 10/12/24 | For Sale | $699,900 | 0.0% | $312 / Sq Ft | |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- | |
| 10/01/2024 10/01/24 | For Sale | $699,900 | 0.0% | $312 / Sq Ft | |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- | |
| 08/09/2024 08/09/24 | For Sale | $699,900 | +74.1% | $312 / Sq Ft | |
| 03/15/2019 03/15/19 | Sold | -- | -- | -- | View Prior Sale |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- | |
| 09/15/2018 09/15/18 | Price Changed | $402,000 | +11.0% | $179 / Sq Ft | |
| 05/07/2018 05/07/18 | For Sale | $362,000 | -- | $161 / Sq Ft |
Source: New Mexico MLS
Tax History Compared to Growth
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 | $3,808 | $162,465 | $13,733 | $148,732 |
| 2023 | $3,767 | $158,627 | $13,333 | $145,294 |
| 2022 | $3,706 | $158,627 | $13,333 | $145,294 |
| 2021 | $2,982 | $127,938 | $13,333 | $114,605 |
| 2020 | $2,923 | $127,938 | $13,333 | $114,605 |
| 2019 | $142 | $5,176 | $5,176 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Josue Palacios
-
NANCY PALACIOS
N
Seller Co-Listing Agent in 2024
NANCY PALACIOS
Elite Real Estate
(505) 231-7661
9 in this area
54 Total Sales
-
Ashley Pratt
Buyer's Agent in 2024
Ashley Pratt
PRIME REALTY
(575) 441-4917
23 in this area
114 Total Sales
-
Cindy Shoobridge
Seller's Agent in 2019
Cindy Shoobridge
ROBINSON & ASSOCIATES REAL ESTATE
(575) 390-1361
38 in this area
194 Total Sales
Map
Source: New Mexico MLS
MLS Number: 20244703
APN: 4981212153654
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