NOT LISTED FOR SALE

8124 N Cactus Ln Hobbs, NM 88242

Estimated Value: $181,000 - $214,848

3 Beds
2 Baths
1,871 Sq Ft
$109/Sq Ft Est. Value

About This Home

This home is located at 8124 N Cactus Ln, Hobbs, NM 88242 and is currently estimated at $203,283, approximately $108 per square foot. 8124 N Cactus Ln is a home located in Lea County with nearby schools including College Lane Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Cobb D Z D and Cobb L M
Bought by
Selman Jesse and Selman Reyna
Current Estimated Value
$203,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,685
Outstanding Balance
$163,329
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$39,954

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
Selman Jesse -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selman Jesse $179,685
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 $1,317 $56,204 $6,100 $50,104
2023 $1,335 $56,204 $6,100 $50,104
2022 $1,313 $56,204 $6,100 $50,104
2021 $578 $30,811 $2,814 $27,997
2020 $565 $30,729 $2,732 $27,997
2019 $552 $30,649 $2,652 $27,997
2018 $803 $36,281 $2,575 $33,706
2017 $121 $15,351 $3,264 $12,087
2016 $123 $14,904 $3,168 $11,736
2015 $108 $14,469 $3,075 $11,394
2014 -- $14,046 $2,985 $11,061
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

8124 N Cactus Ln, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 8124 N Cactus Ln, Hobbs, NM 88242 and is currently estimated at $203,283, approximately $108 per square foot. 8124 N Cactus Ln is a home located in Lea County with nearby schools including College Lane Elementary School, Highland Middle School, and Hobbs Freshman High School.

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