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101 West Silver Drive

101 West Silver Drive, Hobbs, NM 88240
House in Lea
Sold Jul 11, 2023
$370,897
$369,409 by Village Capital & Inv Llc
Mortgage Due Apr 01, 2054
Sold Mar 02, 2020
$276,600
$272,964 by Neighborhood Loans
Mortgage Due Mar 01, 2050
This has been categorized as a residential property type. In total, the area measurement of the land is 11,566 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 101 West Silver Drive was last sold in Jul 10, 2023 for $370,897. Prior to that sales transaction, the property was sold for $276,600 in Feb 28, 2020. Current property owners are expected to pay $2,792 in taxes per year. The property on 101 West Silver Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $100,762. To break that down further, the land itself was valued at $9,267. While improvements to the property were assessed at a total of $91,495. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
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: 11,566
  • 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: NORTE VISTA ADD
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTE VISTA ADD UNIT 1 BLOCK 4 LOT 22 PHOTO 62520 71114-ROBINSON, KEVIN T ETUX 3220 MC NABB, JOSHUA ETUX

Ownership

  • Current Owner : PALMER JONATHAN BRETT
  • Previous Owner : RAINS CHASE
  • Previous Owner 2: RAINS ADRIENNE DANIELLE
  • Owner Before Previous Owner: MCNABB JOSHUA
  • Owner Before Previous Owner 2: MCNABB ELIZBETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000503

Geography

  • Account Number: 17104
  • District: 161
  • Parcel: 4 000 171 040 001
  • Block: 4
  • Lot: 22
  • Municipality: HOBBS
  • Latitude: 32.7277
  • Longitude: -103.137

    Address

  • Full Address: 101 W Silver Dr
  • Legal Unit: 1
  • Address - House Number: 101
  • Street Direction: W
  • Address - Street Name: Silver
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C027
  • 4-Digit Zip Code: 2212
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,792

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 378,874
  • High Value: 454,328
  • Low Value: 303,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,409
  • First Open Lien Mortgage Lender: VILLAGE CAPITAL & INV LLC
  • First Open Lien Mortgage Recording Date: Mar 27, 2024
  • First Open Lien Mortgage Loan Amount: $369,409
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $302,286
  • Market Land Value: $27,801
  • Market Improvement Value: $274,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,762
  • Assessed Land Value: $9,267
  • Assessed Improvements Value: $91,495

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Transaction ID: 11909711022
  • Current Sale Price: $370,897
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37849
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 28, 2020
  • Previous Sale Amount: $276,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS, INC.
  • First Mortgage Transaction Date: Jul 11, 2023
  • First Mortgage Loan Amount: $367,225
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD LOANS
  • Previous Mortgage Transaction Date: Mar 02, 2020
  • Previous Mortgage Loan Amount: $272,964
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About Hobbs



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Nearby Rentals

Unit for rent at 3500 N. Fowler, Hobbs, NM, 88240

$1,475 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
3500 N. Fowler #3500 N. Fowler, Hobbs, NM, 88240 Listing by Manager

Frequently Asked Questions

What neighborhood is 101 West Silver Drive located in?
The 101 West Silver Drive is a house located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 101 West Silver Drive?
The average sales price for units in 101 West Silver Drive is $0 currently.

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