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513 West Cochiti Avenue

513 West Cochiti Avenue, Hobbs, NM 88240
Property in Lea
Sold Nov 19, 2020
$166,200
$163,975 by American Financial Resources I
Mortgage Due Dec 01, 2050
Sold Jun 08, 2017
$154,200
$152,192 by Lea County State Bank
Mortgage Due Jul 01, 2047
This has been categorized as a residential property type. In total, the area measurement of the land is 7,629 square feet.

Learn more about the property and building on this page. The property was last sold in Nov 16, 2020 for $166,200. Prior to that sales transaction, the property was also sold in Jun 7, 2017 for $154,200. 513 West Cochiti Avenue was last assessed in 2023. The total value of the property was assessed at $50,966. Specifically, the land the property is located on was valued at $5,567. While improvements on the property were assessed at a total of $45,399. 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 $1,412. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 7,629
  • 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: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOS SANTOS SUB-DIV UNIT 2 BLOCK 2A LOT 34 PHOTO 6817 BERTA, RAY V 111920 SCOTT, JOHN W ETUX

Ownership

  • Current Owner : BENAVIDEZ PRISCILLA
  • Previous Owner : SCOTT JOHN W
  • Previous Owner 2: SCOTT MELISSA A
  • Owner Before Previous Owner: BERTA RAY V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 15728
  • District: 161
  • Parcel: 4 000 157 280 001
  • Block: 2A
  • Lot: 34
  • Municipality: HOBBS
  • Latitude: 32.734
  • Longitude: -103.142

    Address

  • Full Address: 513 W Cochiti Ave
  • Legal Unit: 2
  • Address - House Number: 513
  • Street Direction: W
  • Address - Street Name: Cochiti
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C020
  • 4-Digit Zip Code: 1233
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,412

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 218,627
  • High Value: 261,459
  • Low Value: 175,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,975
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: Nov 19, 2020
  • First Open Lien Mortgage Loan Amount: $163,975
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $152,898
  • Market Land Value: $16,701
  • Market Improvement Value: $136,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,966
  • Assessed Land Value: $5,567
  • Assessed Improvements Value: $45,399

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Transaction ID: 11807414166
  • Current Sale Price: $166,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 64091
  • Previous Sale Recording Date: Jun 08, 2017
  • Previous Sale Contract Date: Jun 07, 2017
  • Previous Sale Amount: $154,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Nov 19, 2020
  • First Mortgage Loan Amount: $163,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LEA COUNTY STATE BANK
  • Previous Mortgage Transaction Date: Jun 08, 2017
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 513 West Cochiti Avenue located in?
The 513 West Cochiti Avenue is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 513 West Cochiti Avenue?
The average sales price for units in 513 West Cochiti Avenue is $0 currently.

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