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1008 East Albertson Drive

1008 East Albertson Drive, Hobbs, NM 88240
Property in Lea
Sold Sep 13, 2013
$5,274,100
$5,204,000 by Wells Fargo Bank N A
Mortgage Due Oct 01, 2028
This has been categorized as a residential property type. In total, the area measurement of the land is 9,256 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1008 East Albertson Drive sold most recently in Sep 6, 2013 for a total of $5,274,100. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $841 in taxes each year. 1008 East Albertson Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,369. If we break it down further, the land itself was valued at $4,244. Improvements to the property, however, were assessed at a total of $32,125. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,256
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELL ADD
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELL ADD BLOCK 2 LOT 5 041-10004993 495-EDWARDS, JAMES A 1195-RAINES, BARBARA J 91313-HERRING, TOMMY F & PARISH, MARY L FKA H

Ownership

  • Current Owner : JACKSON ERVIN
  • Current Owner 2: JACKSON CAROLYN
  • Previous Owner : HERRING TOMMY F
  • Previous Owner 2: PARISH MARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000502

Geography

  • Account Number: 6263
  • District: 161
  • Parcel: 4 000 062 630 001
  • Block: 2
  • Lot: 5
  • Municipality: HOBBS
  • Latitude: 32.7305
  • Longitude: -103.124

    Address

  • Full Address: 1008 E Albertson Dr
  • Address - House Number: 1008
  • Street Direction: E
  • Address - Street Name: Albertson
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C029
  • 4-Digit Zip Code: 1583
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 191,701
  • High Value: 230,344
  • Low Value: 153,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,204,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK N A
  • First Open Lien Mortgage Recording Date: Sep 13, 2013
  • First Open Lien Mortgage Loan Amount: $5,204,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2028
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $109,107
  • Market Land Value: $12,732
  • Market Improvement Value: $96,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,369
  • Assessed Land Value: $4,244
  • Assessed Improvements Value: $32,125

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2013
  • Current Sale Recording Date: Sep 13, 2013
  • Current Sale Transaction ID: 1104104950
  • Current Sale Price: $5,274,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10326

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK N A
  • First Mortgage Transaction Date: Sep 13, 2013
  • First Mortgage Loan Amount: $5,204,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2028

About Hobbs



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Frequently Asked Questions

What neighborhood is 1008 East Albertson Drive located in?
The 1008 East Albertson Drive is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 1008 East Albertson Drive?
The average sales price for units in 1008 East Albertson Drive is $0 currently.

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