NOT LISTED FOR SALE

901 E Michigan Dr Hobbs, NM 88240

Hobbs Area

Estimated Value: $167,000

1 Bed
1 Bath
700 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 901 E Michigan Dr, Hobbs, NM 88240 and is currently priced at $167,000, approximately $238 per square foot. 901 E Michigan Dr is a home located in Lea County with nearby schools including Broadmoor Elementary School, Highland Middle School, and Hobbs High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2026
Sold by
Bought by
Current Estimated Value
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,466,200
Outstanding Balance
$4,444,625
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2013
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,466,200
Previous Owner $1,575,000
Closed $1,575,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,999 $518,710 $20,659 $498,051
2024 $13,763 $503,602 $20,057 $483,545
2023 $13,545 $488,934 $19,473 $469,461
2022 $13,373 $488,934 $19,473 $469,461
2021 $13,339 $488,934 $19,473 $469,461
2020 $13,138 $488,934 $19,473 $469,461
2019 $12,912 $488,934 $19,473 $469,461
2018 $17,569 $672,585 $19,473 $653,112
2017 $18,036 $1,958,985 $56,718 $1,902,267
2016 $18,222 $1,901,925 $55,065 $1,846,860
2015 $18,400 $2,095,710 $53,460 $2,042,250
2014 -- $2,034,669 $51,903 $1,982,766
Source: Public Records

Map

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