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1418 West Camino Real

1418 West Camino Real, Hobbs, NM 88240
Property in Lea
Sold Jan 22, 2021
$236,900
$189,525 by Pennymac Loan Services Llc
Mortgage Due Feb 01, 2050
Sold Jan 22, 2021
Transfer
1418 West Camino Real in Hobbs, NM was first built in 1987 and is 37 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 7,434 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, 1418 West Camino Real sold most recently in Jan 15, 2021 for a total of $236,900. 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 $1,687 in taxes each year. 1418 West Camino Real was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,893. If we break it down further, the land itself was valued at $6,650. Improvements to the property, however, were assessed at a total of $54,243. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,434
  • 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: LINCOLN PARK ADD
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN PARK ADD UNIT 13 BLOCK 20 LOT 9 PHOTO AVAILABLE 22812 BUITRON, JULIO M SEVILLA ETAL 21417 KEMP, PATRICIA ANN 12221 CH

Ownership

  • Current Owner : WALTON JESSIE L
  • Current Owner 2: WALTON NICHOLAS DEWAYNE
  • Previous Owner : WALTON JESSIE L
  • Previous Owner 2: WALTON NICHOLAS DEWAYNE
  • Owner Before Previous Owner: CHESSER KEATON J
  • Owner Before Previous Owner 2: CHESSER KENZI M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000504

Geography

  • Account Number: 75584
  • District: 161
  • Parcel: 4 000 755 840 001
  • Block: 20
  • Lot: 9
  • Municipality: HOBBS
  • Latitude: 32.7375
  • Longitude: -103.154

    Address

  • Full Address: 1418 W Caprock St
  • Legal Unit: 13
  • Address - House Number: 1418
  • Street Direction: W
  • Address - Street Name: Caprock
  • Address - Suffix Type: St
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C015
  • 4-Digit Zip Code: 1064
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,687

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 291,771
  • High Value: 353,160
  • Low Value: 230,382

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,525
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 22, 2021
  • First Open Lien Mortgage Loan Amount: $189,525
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $182,679
  • Market Land Value: $19,950
  • Market Improvement Value: $162,729

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,893
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $54,243

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Transaction ID: 11816580534
  • Current Sale Price: $236,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 833
  • Previous Sale Recording Date: Jan 22, 2021
  • Previous Sale Contract Date: Jan 21, 2021
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jan 22, 2021
  • First Mortgage Loan Amount: $189,525
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 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 1418 West Camino Real located in?
The 1418 West Camino Real is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 1418 West Camino Real?
The average sales price for units in 1418 West Camino Real is $0 currently.

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