Check Availability

514 West Cielo Drive

514 West Cielo Drive, Hobbs, NM 88240
Property in Lea
Sold Sep 26, 2014
$24,678,700
$24,350,800 by Mers
Mortgage Due Oct 01, 2044
Sold Sep 26, 2014
$24,678,700
$24,350,800 by Mers
Mortgage Due Oct 01, 2044
This has been categorized as a residential property type. In total, the area measurement of the land is 9,373 square feet.

Learn more about the property and building on this page. 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, 514 West Cielo Drive was last sold in Sep 25, 2014 for $24,678,700. Prior to that sales transaction, the property was sold for $24,678,700 in Sep 25, 2014. Current property owners are expected to pay $2,124 in taxes per year. The property on 514 West Cielo Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $78,658. To break that down further, the land itself was valued at $7,073. While improvements to the property were assessed at a total of $71,585. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

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

    Dimensions

  • Lot Size Square Feet: 9,373
  • 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: NORTE VISTA ADD
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTE VISTA ADD UNIT 3 BLOCK 9 LOT 3 22603-GONZALEZ, CARMEN 51211-MOONEY, TIM & DEWANNA PHOTO 072111 92614-GRASSHAM, JENNIFER

Ownership

  • Current Owner : GARCIA ANTONIO
  • Current Owner 2: GARCIA JUDY A
  • Previous Owner : JENNIFER M JENNIFER M
  • Previous Owner 2: TOWNSEND JENNIFER M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 13490
  • District: 161
  • Parcel: 4 000 134 900 001
  • Block: 9
  • Lot: 3
  • Municipality: HOBBS
  • Latitude: 32.7296
  • Longitude: -103.142

    Address

  • Full Address: 514 W Cielo Dr
  • Legal Unit: 3
  • Address - House Number: 514
  • Street Direction: W
  • Address - Street Name: Cielo
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Hobbs
  • Carrier Code: C020
  • 4-Digit Zip Code: 2203
  • Zip Code: 88240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,124

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 321,876
  • High Value: 386,760
  • Low Value: 256,992

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $24,350,800
  • First Open Lien Mortgage Lender: MERS
  • First Open Lien Mortgage Recording Date: Sep 26, 2014
  • First Open Lien Mortgage Loan Amount: $24,350,800
  • 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: Oct 01, 2044

    Market Valuation

  • Market Total Value: $235,974
  • Market Land Value: $21,219
  • Market Improvement Value: $214,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,658
  • Assessed Land Value: $7,073
  • Assessed Improvements Value: $71,585

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2014
  • Current Sale Recording Date: Sep 26, 2014
  • Current Sale Transaction ID: 11468528273
  • Current Sale Price: $24,678,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25416
  • Previous Sale Recording Date: Sep 26, 2014
  • Previous Sale Contract Date: Sep 25, 2014
  • Previous Sale Amount: $24,678,700
  • Previous Sale Document Type: Affidavit

    Last Sale Mortgage

  • First Mortgage Lender: MERS INC ACTING AS NOMINEE FOR
  • First Mortgage Transaction Date: Sep 26, 2014
  • First Mortgage Loan Amount: $24,350,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: MERS
  • Previous Mortgage Transaction Date: Sep 26, 2014
  • Previous Mortgage Loan Amount: $24,350,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Hobbs



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 514 West Cielo Drive located in?
The 514 West Cielo Drive is a located in the neighborhood of Lea in Hobbs, Hobbs.
What is the average sales price for listings in 514 West Cielo Drive?
The average sales price for units in 514 West Cielo Drive is $0 currently.

Quantcast