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1306 East Silver Drive

1306 East Silver Drive, Hobbs, NM 88240
Property in Lea
Sold Mar 02, 2015
$12,735,300
$12,566,100 by Pioneer Bank
Mortgage Due Mar 01, 2045
1306 East Silver Drive has been categorized by the local assessors in Hobbs, NM as a residential type of property. The area measurement of the land has been determined as 6,101 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Feb 27, 2015 for $12,735,300. 1306 East Silver Drive was last assessed in 2023. The total value of the property was assessed at $39,155. Specifically, the land the property is located on was valued at $4,597. While improvements on the property were assessed at a total of $34,558. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,029. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 6,101
  • 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: TAYLOR EST ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TAYLOR EST ADD UNIT 1 BLOCK 8 LOT 2 41807-BLANKENSHIP, WANDA PHOTO 3215-FLOWERS, JESSE D & JUANITA M

Ownership

  • Current Owner : ROSENER MICHAEL L
  • Previous Owner : JESSE D JESSE D
  • Previous Owner 2: FLOWERS JUANITA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 837
  • District: 161
  • Parcel: 4 000 008 370 001
  • Block: 8
  • Lot: 2
  • Municipality: HOBBS
  • Latitude: 32.7286
  • Longitude: -103.121

    Address

  • Full Address: 1306 E Silver Dr
  • Legal Unit: 1
  • Address - House Number: 1306
  • Street Direction: E
  • Address - Street Name: Silver
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C029
  • 4-Digit Zip Code: 1616
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,029

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 195,411
  • High Value: 232,984
  • Low Value: 157,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $12,566,100
  • First Open Lien Mortgage Lender: PIONEER BANK
  • First Open Lien Mortgage Recording Date: Mar 02, 2015
  • First Open Lien Mortgage Loan Amount: $12,566,100
  • 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: Mar 01, 2045

    Market Valuation

  • Market Total Value: $117,465
  • Market Land Value: $13,791
  • Market Improvement Value: $103,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,155
  • Assessed Land Value: $4,597
  • Assessed Improvements Value: $34,558

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2015
  • Current Sale Recording Date: Mar 02, 2015
  • Current Sale Transaction ID: 11468313162
  • Current Sale Price: $12,735,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 31961

    Last Sale Mortgage

  • First Mortgage Lender: PIONEER BANK
  • First Mortgage Transaction Date: Mar 02, 2015
  • First Mortgage Loan Amount: $12,566,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2045

About Hobbs



Similar Buildings

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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 1306 East Silver Drive located in?
The 1306 East Silver Drive is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 1306 East Silver Drive?
The average sales price for units in 1306 East Silver Drive is $0 currently.

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