NOT LISTED FOR SALE

8015 N Matt Dr Hobbs, NM 88242

Estimated Value: $285,000 - $459,000

2.5 Acres
$144,984 Price per Acre
108,900 Sq Ft Lot

Last Sold September 22, 2016

Current estimated payment $2,112/month

50 Days on Market

About This Lot

As of September 2016

Beautifully situated 2.5 acre improved residential lot, in College Lane School District. Property has been recently updated to include overhead electric brought onto property with new 200 amp service ready for you to connect your new home and/or shop. New well drilled to approx. 300' with new pressure tank, pump, casing, and carrier pipe and new electric line ran to well. Irrigation has been installed around a majority of the perimeter of the property. Ready to water trees, plants, bushes, etc. This property is very close to Alabama with a nice view in any direction.

Last Agent to Sell the Property

Robert Pratt

Keller Williams Realty - Cl/Ho License #49623 Listed on: 06/27/2016

Last Buyer's Agent

Ashley Pratt

PRIME REALTY License #20680

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $484

Lot Details

  • 2.5 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Irrigation

Parking

  • Driveway
  • Open Parking

Utilities

  • Underground Utilities
  • Electricity To Lot Line
  • Overhead Utilities
  • Transformer
  • Well
  • Septic Needed

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000428040001

Property Details

Property Type

Land

Est. Annual Taxes

$484

Lot Details

0

Listing Details

  • Directions: From intersection of Lovington Highway and Alabama Street Proceed East on Alabama to Matt Drive Turn south on Matt Dr. Property will be on West side of Road approx. 1/2 mile from intersection.
  • Reso Property Sub Type: Acreage
  • Prop. Type: Land
  • ResoLotFeatures: Loam, Sandy, Irrigation
  • Road Frontage Type: County Road
  • Co List Office Mls Id: KELLERWILL
  • Co List Office Phone: 575-935-4040
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.5
  • Topography: Level

Garage/Parking

  • Open Parking: Yes

Utilities

  • Electric: On-Site, Overhead, Transformer-Existing, Underground
  • Sewer: Septic Needed
  • Water Source: Well-Existing

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 108900
  • ResoLotSizeUnits: Acres
  • Parcel #: 4000428040001
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 484.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Jimenez Daniel Ramos and Jimenez Guadalupe
Bought by
Jimenez Daniel Ramos and Jimenez Guadalupe
Current Estimated Value
$362,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$218,118
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$144,342

Purchase Details

Closed on
Dec 12, 2019
Sold by
Diaz Gustavo Adolfo and Castro Rosana
Bought by
Diaz Gustavo Adolfo and Castro Rosana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2019
Sold by
Jimenez Armando and Jimenez Noelia
Bought by
Diaz Gustavo Adolfo

Purchase Details

Closed on
Dec 4, 2013
Sold by
Stanton John W and Stanton Linda L
Bought by
Sanchez Luis R and Sanchez Marla E
Source: Public Records

Range of Values:

Collateral Analytics

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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
Jimenez Daniel Ramos -- First American Title Ins Co
Jimenez Daniel Ramos -- First American Title Ins Co
Diaz Gustavo Adolfo -- First American Title Ins Co
Diaz Gustavo Adolfo -- None Available
Sanchez Luis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Daniel Ramos $244,000
Previous Owner Diaz Gustavo Adolfo $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold -- -- --
08/16/2016 08/16/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $50,000 -- --
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 $2,251 $96,040 $10,167 $85,873
2023 $2,281 $96,040 $10,167 $85,873
2022 $2,244 $96,040 $10,167 $85,873
2021 $1,917 $82,260 $8,333 $73,927
2020 $132 $4,735 $4,735 $0
2019 $126 $4,597 $4,597 $0
2018 $122 $4,463 $4,463 $0
2017 $127 $12,999 $12,999 $0
2016 $131 $12,999 $12,999 $0
2015 $1,857 $249,363 $12,999 $236,364
2014 -- $249,363 $12,999 $236,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Mexico MLS

MLS Number: 20163280

New Mexico MLS

APN: 4000428040001