NOT LISTED FOR SALE

816 E Rancho Rd Hobbs, NM 88242

Estimated Value: $180,000 - $223,000

-- Bed
-- Bath
-- Sq Ft
0.49 Acres

About This Home

This home is located at 816 E Rancho Rd, Hobbs, NM 88242 and is currently estimated at $200,129. 816 E Rancho Rd is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2010
Sold by
Meraz Cayetano and Meraz Fatima
Bought by
Meraz Cayetano
Current Estimated Value
$200,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,307,300
Outstanding Balance
$9,657,432
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
-$9,457,303

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
Meraz Cayetano -- --
Meraz Cayetano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meraz Cayetano $115,700
Open Meraz Cayetano $14,307,300
Closed Meraz Cayetano $14,307,300
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 $1,117 $47,658 $5,439 $42,219
2023 $1,099 $46,270 $5,281 $40,989
2022 $1,050 $46,270 $5,281 $40,989
2021 $1,017 $43,614 $4,978 $38,636
2020 $967 $42,344 $4,833 $37,511
2019 $948 $42,344 $4,833 $37,511
2018 $937 $42,344 $4,833 $37,511
2017 $1,004 $127,032 $14,499 $112,533
2016 $1,051 $127,032 $14,499 $112,533
2015 $946 $127,032 $14,499 $112,533
2014 -- $127,032 $14,499 $112,533
Source: Public Records

Map

New Mexico Lea County Hobbs 88242

816 E Rancho Rd, Hobbs, NM

Homes for Sale in Hobbs, NM

This home is located at 816 E Rancho Rd, Hobbs, NM 88242 and is currently estimated at $200,129. 816 E Rancho Rd is a home located in Lea County with nearby schools including Coronado Elementary School, Highland Middle School, and Hobbs Freshman High School.

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