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1316 West Scharbauer Street

1316 West Scharbauer Street, Hobbs, NM 88240
Property in Lea
Sold Feb 22, 2021
$109,200
$87,375 by Paramount Residential Mortgage
Mortgage Due Mar 01, 2051
Sold Apr 18, 2019
Transfer
Local assessors in Hobbs, NM have categorized 1316 West Scharbauer Street as a residential type of property. The property's lot size has been calculated to be 7,962 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 1316 West Scharbauer Street sold most recently in Feb 19, 2021 for a total of $109,200. 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 $256 in taxes each year. 1316 West Scharbauer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,249. If we break it down further, the land itself was valued at $773. Improvements to the property, however, were assessed at a total of $8,476. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
  • Building Style: Mobile home
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,962
  • 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: WESTVIEW ADD
  • Land Acres: 0.182
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: WESTVIEW ADD UNIT 1 BLOCK 10 LOT 16 17 MH #214257 1314 W SCHARBAUER LOT 17 1719 TUCKER, LISA MARIE 41819 MAXEY, JACOB T PHOTO

Ownership

  • Current Owner : MAXEY JACOB T
  • Previous Owner : E & J PROPERTIES LLC
  • Owner Before Previous Owner: MAXEY JACOB T

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000200

Geography

  • Account Number: 12710
  • District: 161
  • Parcel: 4 000 127 100 001
  • Block: 10
  • Lot: 16-17
  • Municipality: HOBBS
  • Latitude: 32.7087
  • Longitude: -103.152

    Address

  • Full Address: 1316 W Scharbauer St
  • Legal Unit: 1
  • Address - House Number: 1316
  • Street Direction: W
  • Address - Street Name: Scharbauer
  • Address - Suffix Type: St
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C017
  • 4-Digit Zip Code: 4930
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $256

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 121,287
  • High Value: 147,618
  • Low Value: 94,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,375
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $87,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $27,747
  • Market Land Value: $2,319
  • Market Improvement Value: $25,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,249
  • Assessed Land Value: $773
  • Assessed Improvements Value: $8,476

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11824544975
  • Current Sale Price: $109,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2024
  • Previous Sale Recording Date: Apr 18, 2019
  • Previous Sale Contract Date: Apr 16, 2019
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $87,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Hobbs



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Frequently Asked Questions

What neighborhood is 1316 West Scharbauer Street located in?
The 1316 West Scharbauer Street is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 1316 West Scharbauer Street?
The average sales price for units in 1316 West Scharbauer Street is $0 currently.

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