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416 West Berry Drive

416 West Berry Drive, Hobbs, NM 88240
Property in Lea
Sold May 20, 2020
$127,400
$125,681 by American Financial Resources I
Mortgage Due Jun 01, 2050
416 West Berry Drive in Hobbs, NM was first built in 1989 and is 35 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 8,120 square feet.

Learn more about the property and building on this page. The property was last sold in May 15, 2020 for $127,400. 416 West Berry Drive was last assessed in 2023. The total value of the property was assessed at $39,499. Specifically, the land the property is located on was valued at $4,367. While improvements on the property were assessed at a total of $35,132. 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 $1,094. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,120
  • 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: BROADMOOR ADD
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROADMOOR ADD UNIT 5 BLOCK 60A LOT 7 1989-HOLZKNECHT, CATHERINE 1296-BOREN, JAMES R 43012-DIXON, EDMOND & CONNIE J PHOTO 7202

Ownership

  • Current Owner : LUCERO VICTOR H
  • Current Owner 2: ROBLEDO MYRIAH B
  • Previous Owner : MITCHELL EDWIN L
  • Previous Owner 2: MITCHELL KERRIE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 7634
  • District: 161
  • Parcel: 4 000 076 340 001
  • Block: 60A
  • Lot: 7
  • Municipality: HOBBS
  • Latitude: 32.7146
  • Longitude: -103.14

    Address

  • Full Address: 416 W Berry Dr
  • Legal Unit: 5
  • Address - House Number: 416
  • Street Direction: W
  • Address - Street Name: Berry
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C027
  • 4-Digit Zip Code: 3810
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,094

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 198,556
  • High Value: 241,662
  • Low Value: 155,450

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $131,733
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $125,681
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: LOANCARE LLC
  • Second Open Lien Mortgage Recording Date: Aug 11, 2021
  • Second Open Lien Mortgage Loan Amount: $6,052
  • Second Open Lien Mortgage Term: 345
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $118,497
  • Market Land Value: $13,101
  • Market Improvement Value: $105,396

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,499
  • Assessed Land Value: $4,367
  • Assessed Improvements Value: $35,132

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11769922200
  • Current Sale Price: $127,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 57024

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $125,681
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

About Hobbs



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Frequently Asked Questions

What neighborhood is 416 West Berry Drive located in?
The 416 West Berry Drive is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 416 West Berry Drive?
The average sales price for units in 416 West Berry Drive is $0 currently.

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