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2701 North Gold Court

2701 North Gold Court, Hobbs, NM 88240
Townhouse in Lea
Sold Jan 29, 2020
$258,700
$255,290 by Lea County State Bank
Mortgage Due Feb 01, 2050
2701 North Gold Court in Hobbs, NM was first built in 1983 and is 41 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 8,702 square feet.

Learn more about the property and building on this page. The property was last sold in Jan 28, 2020 for $258,700. 2701 North Gold Court was last assessed in 2023. The total value of the property was assessed at $82,077. Specifically, the land the property is located on was valued at $8,667. While improvements on the property were assessed at a total of $73,410. 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 $2,274. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,702
  • 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: KNOWLES PLAZA
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KNOWLES PLAZA UNIT 1 BLOCK 1 LOT 1 1983-NEW DED 3915-ARNOLD, ALFRED DECEASED 12920 ARNOLD, JO ANN

Ownership

  • Current Owner : SMITH MICHAEL C
  • Previous Owner : ARNOLD DAVID LEE
  • Previous Owner 2: ESTATE OF JO ANN ARNOLD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 76773
  • District: 161
  • Parcel: 4 000 767 730 001
  • Block: 1
  • Lot: 1
  • Municipality: HOBBS
  • Latitude: 32.7304
  • Longitude: -103.142

    Address

  • Full Address: 2701 N Gold Ct
  • Legal Unit: 1
  • Address - House Number: 2701
  • Street Direction: N
  • Address - Street Name: Gold
  • Address - Suffix Type: Ct
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C020
  • 4-Digit Zip Code: 1812
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,274

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 331,345
  • High Value: 394,447
  • Low Value: 268,243

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,290
  • First Open Lien Mortgage Lender: LEA COUNTY STATE BANK
  • First Open Lien Mortgage Recording Date: Jan 29, 2020
  • First Open Lien Mortgage Loan Amount: $255,290
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $246,231
  • Market Land Value: $26,001
  • Market Improvement Value: $220,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,077
  • Assessed Land Value: $8,667
  • Assessed Improvements Value: $73,410

    Sales

  • Current Sale Contract Date: Jan 28, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11741708729
  • Current Sale Price: $258,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 52614

    Last Sale Mortgage

  • First Mortgage Lender: LEA COUNTY STATE BANK
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $255,290
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

About Hobbs



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$1,475 /mo

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Frequently Asked Questions

What neighborhood is 2701 North Gold Court located in?
The 2701 North Gold Court is a townhouse located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 2701 North Gold Court?
The average sales price for units in 2701 North Gold Court is $265,000 currently.

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