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5020 West Steel Driver Road

5020 West Steel Driver Road, Hobbs, NM 88240
Property in Lea
Sold Mar 22, 2019
$232,000
$228,937 by Bank Of England
Mortgage Due Apr 01, 2049
Sold Feb 22, 2018
$251,900
$248,584 by Bank 34
Mortgage Due Mar 01, 2048
This has been categorized as a residential property type. In total, the area measurement of the land is 4,999 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 21, 2019 for $232,000. Prior to that sales transaction, the property was also sold in Aug 28, 2017 for $251,900. 5020 West Steel Driver Road was last assessed in 2023. The total value of the property was assessed at $81,017. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $71,017. 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 $2,244. 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. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,999
  • 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: ZIA CROSSING SUB-DIV
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ZIA CROSSING SUB-DIV UNIT 3 LOT 72 PHOTO 102517 022218 FRENCH BROTHERS INC 022218 FRENCH BROTHERS HOMES LLC 32219 MARQUEZ, FE

Ownership

  • Current Owner : BROOKS JONATHAN
  • Previous Owner : MARQUEZ FEDERICO G
  • Previous Owner 2: MARQUEZ PRISCILLA
  • Owner Before Previous Owner: FRENCH BROTHERS HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000702

Geography

  • Account Number: 211210
  • District: 161
  • Parcel: 4 950 615 101 019
  • Lot: 72
  • Municipality: HOBBS
  • Latitude: 32.7514
  • Longitude: -103.201

    Address

  • Full Address: 5020 W Steel Driver Rd
  • Legal Unit: 3
  • Address - House Number: 5020
  • Street Direction: W
  • Address - Street Name: Steel Driver
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C023
  • 4-Digit Zip Code: 0849
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,244

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 321,587
  • High Value: 386,280
  • Low Value: 256,894

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $235,231
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Mar 22, 2019
  • First Open Lien Mortgage Loan Amount: $228,937
  • 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: Apr 01, 2049
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Dec 11, 2020
  • Second Open Lien Mortgage Loan Amount: $6,294
  • Second Open Lien Mortgage Term: 339
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Market Valuation

  • Market Total Value: $243,051
  • Market Land Value: $30,000
  • Market Improvement Value: $213,051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,017
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $71,017

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Transaction ID: 11600037777
  • Current Sale Price: $232,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 38874
  • Previous Sale Recording Date: Feb 22, 2018
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $251,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Mar 22, 2019
  • First Mortgage Loan Amount: $228,937
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK 34
  • Previous Mortgage Transaction Date: Feb 22, 2018
  • Previous Mortgage Loan Amount: $248,584
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Lea



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Frequently Asked Questions

What neighborhood is 5020 West Steel Driver Road located in?
The 5020 West Steel Driver Road is a located in the neighborhood of Lea in Lea, Hobbs.
What is the average sales price for listings in 5020 West Steel Driver Road?
The average sales price for units in 5020 West Steel Driver Road is $0 currently.

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