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1611 North San Mateo Street

1611 North San Mateo Street, Hobbs, NM 88240
Property in Lea
Sold Sep 12, 2019
$162,500
$130,000 by James Polk Stone Community Ban
Mortgage Due Oct 01, 2027
1611 North San Mateo Street 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 5,961 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. 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, 1611 North San Mateo Street sold most recently in Sep 11, 2019 for a total of $162,500. 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 $782 in taxes each year. 1611 North San Mateo Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,243. If we break it down further, the land itself was valued at $3,333. Improvements to the property, however, were assessed at a total of $24,910. 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: 5,961
  • 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: DALE BELLAMAH ADD
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DALE BELLAMAH ADD UNIT 2 BLOCK 17 LOT 37 PHOTO 012920 7303 SWARTZ & BROUGH INC 92909-BAYVIEW FINANCIAL PROPERTY TRUST 91219 G

Ownership

  • Current Owner : MORALES JORGE A
  • Previous Owner : GARCIA GUILLERMO
  • Previous Owner 2: GARCIA OLIVIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000600

Geography

  • Account Number: 4912
  • District: 161
  • Parcel: 4 000 049 120 001
  • Block: 17
  • Lot: 37
  • Municipality: HOBBS
  • Latitude: 32.7171
  • Longitude: -103.15

    Address

  • Full Address: 1611 N San Mateo St
  • Legal Unit: 2
  • Address - House Number: 1611
  • Street Direction: N
  • Address - Street Name: San Mateo
  • Address - Suffix Type: St
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C016
  • 4-Digit Zip Code: 3636
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 164,423
  • High Value: 197,202
  • Low Value: 131,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: JAMES POLK STONE COMMUNITY BAN
  • First Open Lien Mortgage Recording Date: Sep 12, 2019
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 96
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2027

    Market Valuation

  • Market Total Value: $84,729
  • Market Land Value: $9,999
  • Market Improvement Value: $74,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,243
  • Assessed Land Value: $3,333
  • Assessed Improvements Value: $24,910

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 12, 2019
  • Current Sale Transaction ID: 11672631000
  • Current Sale Price: $162,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46871

    Last Sale Mortgage

  • First Mortgage Lender: JAMES POLK STONE COMMUNITY BAN
  • First Mortgage Transaction Date: Sep 12, 2019
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 96
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2027

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 1611 North San Mateo Street located in?
The 1611 North San Mateo Street is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 1611 North San Mateo Street?
The average sales price for units in 1611 North San Mateo Street is $0 currently.

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