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427 West Kiowa Avenue

427 West Kiowa Avenue, Hobbs, NM 88240
Property in Lea
Sold Sep 25, 2020
$89,800
$71,860 by Universal Lending Corp
Mortgage Due Oct 01, 2050
Sold Nov 26, 2013
$7,652,300
$7,550,600 by Mers Inc Acting As Nominee For
Mortgage Due Dec 01, 2043
427 West Kiowa Avenue 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 1981 and is 43 years old. The area measurement of the land has been determined as 5,008 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 427 West Kiowa Avenue was last sold in Sep 22, 2020 for $89,800. Prior to that sales transaction, the property was sold for $7,652,300 in Nov 21, 2013. Current property owners are expected to pay $744 in taxes per year. The property on 427 West Kiowa Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,851. To break that down further, the land itself was valued at $3,056. While improvements to the property were assessed at a total of $23,795. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,008
  • 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: LOS SANTOS SUB-DIV
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOS SANTOS SUB-DIV UNIT 4 BLOCK 7A LOT 3 PART OF LOT 3 BEG AT NW COR OF LOT 3, TH N86D4724E 29.55, S3D717E 161.56, S77D432W 3

Ownership

  • Current Owner : SAENZ FERNANDEZ ANGELICA
  • Current Owner 2: FERNANDEZ MICHAEL PHILLIP
  • Previous Owner : FERNANDEZ MICHAEL
  • Previous Owner 2: SEENZ FERNANDEZ ANGELICA
  • Owner Before Previous Owner: GALVAN MICHAEL A
  • Owner Before Previous Owner 2: GLAVAN AMBER R

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000503

Geography

  • Account Number: 16127
  • District: 161
  • Parcel: 4 000 161 270 001
  • Block: 7A
  • Lot: 3
  • Municipality: HOBBS
  • Latitude: 32.7358
  • Longitude: -103.142

    Address

  • Full Address: 427 W Kiowa Ave
  • Legal Unit: 4
  • Address - House Number: 427
  • Street Direction: W
  • Address - Street Name: Kiowa
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C020
  • 4-Digit Zip Code: 1297
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $744

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 171,872
  • High Value: 206,519
  • Low Value: 137,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,860
  • First Open Lien Mortgage Lender: UNIVERSAL LENDING CORP
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $71,860
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $80,553
  • Market Land Value: $9,168
  • Market Improvement Value: $71,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,851
  • Assessed Land Value: $3,056
  • Assessed Improvements Value: $23,795

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11796032055
  • Current Sale Price: $89,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 62000
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Contract Date: Nov 21, 2013
  • Previous Sale Amount: $7,652,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL LENDING CORP
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $71,860
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MERS INC ACTING AS NOMINEE FOR
  • Previous Mortgage Transaction Date: Nov 26, 2013
  • Previous Mortgage Loan Amount: $7,550,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2043

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 427 West Kiowa Avenue located in?
The 427 West Kiowa Avenue is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 427 West Kiowa Avenue?
The average sales price for units in 427 West Kiowa Avenue is $0 currently.

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