3505 North Northwest Drive

3505 North Northwest Drive has been categorized by the local assessors in Hobbs, NM as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The area measurement of the land has been determined as 3,624 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 Aug 11, 2023 for $235,062. Prior to that sales transaction, the property was also sold in Apr 20, 2021 for $196,400. 3505 North Northwest Drive was last assessed in 2023. The total value of the property was assessed at $50,708. Specifically, the land the property is located on was valued at $5,333. While improvements on the property were assessed at a total of $45,375. 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 $1,405. 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.