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2135 West College Lane

2135 West College Lane, Hobbs, NM 88242
Property in Lea
Sold Mar 16, 2021
$178,100
$142,500 by Geneva Financial Llc
Mortgage Due Apr 01, 2036
Local assessors in Hobbs, NM have categorized 2135 West College Lane as a residential type of property. The property's lot size has been calculated to be 217,800 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2135 West College Lane sold most recently in Mar 12, 2021 for a total of $178,100. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,418 in taxes each year. 2135 West College Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $59,726. If we break it down further, the land itself was valued at $3,278. Improvements to the property, however, were assessed at a total of $56,448. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 217,800
  • 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: E/2NE/4NE/4 S8T18SR38E NMPM
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION-08 TOWNSHIP-18S RANGE-38E 5.00 AC LOC NE4NE4 TR BEG AT NE COR SEC 8, TH N89D58W 330, S0D2E 660, S89D58E 330 TO E BDRY

Ownership

  • Current Owner : SIMON DONALD
  • Previous Owner : SIMON DONALD
  • Previous Owner 2: SIMON APRIL LYNN

Neighborhood

  • School District Name: Hobbs Municipal Schools
  • Census Tract: 000703

Geography

  • Account Number: 41153
  • District: 160
  • Parcel: 4 000 411 530 001
  • Meridian: SEC 08 TWN 18S RNG 38E
  • Municipality: HOBBS
  • Latitude: 32.7686
  • Longitude: -103.163

    Address

  • Full Address: 2135 W College Ln
  • Address - House Number: 2135
  • Street Direction: W
  • Address - Street Name: College
  • Address - Suffix Type: Ln
  • State: NM
  • City Name: Hobbs
  • Carrier Code: H072
  • 4-Digit Zip Code: 0883
  • Zip Code: 88242

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,418

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 294,782
  • High Value: 354,205
  • Low Value: 235,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,500
  • First Open Lien Mortgage Lender: GENEVA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $142,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $179,178
  • Market Land Value: $9,834
  • Market Improvement Value: $169,344

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,726
  • Assessed Land Value: $3,278
  • Assessed Improvements Value: $56,448

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11826273628
  • Current Sale Price: $178,100
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2979

    Last Sale Mortgage

  • First Mortgage Lender: GENEVA FINANCIAL LLC
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $142,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

About North 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 2135 West College Lane located in?
The 2135 West College Lane is a located in the neighborhood of Lea in North Hobbs, Hobbs.
What is the average sales price for listings in 2135 West College Lane?
The average sales price for units in 2135 West College Lane is $0 currently.

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