Hobbs  »  88240

901 East Michigan Drive, Hobbs, NM 88240

Lea
Building in 88240
Nearby Active Listings
Welcome to 901 East Michigan Drive, a building located in Lea in Hobbs, NM. As a quick overview, these are the most up-to-date information we've collected about the property. Finally, 901 East Michigan Drive was most recently sold on Aug 25, 2018 for $1,968,800. The market value for the land that the building sits on has been listed at $58,419. In addition, improvements upon the building have an added value of $1,408,383. In total, the total market value of the property as a whole is $1,466,802. According to local assessors, the total value of the building is currently valued at $488,934. Specifically, the value of the land that the property sits on has been assessed at $19,473. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Business/Commerical Units Count
44
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
SW/4 NW/4 S26T18SR38E NMPM
Land Acres
2.7
Standard Land Use Code
Parcels with improvements, use not specified
Legal Description 1
SECTION-26 TOWNSHIP-18S RANGE-38E 2.70 AC LOC SW4NW4 TR BEG N0D4318W 3820.88 AND N89D2242E 309.89FOR A POB TH N0D4318W 115.00
Ownership
Current Owner
GRANT INCOME PROPERTIES LLC
Current Owner's Name
GRANT INCOME PROPERTIES LLC
Previous Owner
MILES DEAN A
Previous Owner 2
MILES CYNTHIA G
Owner Address - City
FREDERICKSBURG
Owner Address - State
TX
Owner Address - ZIP Code
78624
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Hobbs Municipal Schools
Census Tract
000502
Census Block Code
6007
Census Group
6
Census Year
2018
Census - County FIPS
35025
Census - Full FIPS
350250005026007
Census - Metro Micro Statistical Area - Area Code
26020
Census - Metro Micro Statistical Area - Area Name
Hobbs, NM
Census - Metro Micro Statistical Area - Area Type
micropolitan
Census - Place FIPS
3532520
Census Source
US Census Bureau
Census State FIPS
35
Census Tract Code
000502
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3501260
School District - Unified - Name
Hobbs Municipal Schools
Zoning
Geography
Account Number
15840
District
161
Parcel
4 000 158 400 001
Lot Code
unknown
Meridian
SEC 26 TWN 18S RNG 38E
Municipality
HOBBS
Latitude
32.7216
Longitude
-103.126
FIPS
35025
Mailing Carrier Code
R008
Mailing Street Direction
W
Mailing Full Street Address
5484 W US HIGHWAY 290
Mailing House Number
5484
Mailing Street
US HIGHWAY 290
Mailing 4-Digit Zip Code
3677
Geo Status Code
unknown
Valuation
Timestamp
2024-02-15 19:30:04
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 901 East Michigan Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 88240 area have a median price of $1,475. Those in the 25th percentile, have a price around $1,475. While those in the 75th percentile, have a price around $1,475. Typically, the buildings in this area have a median sqft of 1,050. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There is currently a single advertised two bedroom listing.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
901 East Michigan Drive is located in 88240. There are 39,568 people living here. There are 12,190 households. Most of these households have an average family size of 3.72 people. According to the census, 35% are currently renting while 65% own their homes. The median age of this population is around 31.2 years old. On average, most folks in the zipcode are married. About 43% of folks speak a language other than English in this area. The area's employment rate is currently around 57.8%. Speaking of employment, the median income is $57,302. Most folks will commute by car for around 17.6 minutes. Finally, we know that 31% of residents in the area have graduated with their high school degree. Additionally, 9% and 5% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Lea County, New Mexico has a population of 68,930 people. Based on census records, there are 21,542 registered households. Families in this area are on average made up of 3.64 people per household. Most folks are married. They are also typically around 31.8 years old. Does diversity matter to you? Right now, 42% of folks speak a language other than English here. About 31% rent while 69% purchased their homes. Right now, the community is made up of 30% of residents who have graduated with at least a high school degree. On top of that, 8% have a Bachelor's degree and 5% have a Master's degree. The employment rate is currently around 57.7%. Those employed, have a median income of $58,152.

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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent

Nearby Schools

(within attendance boundary)
BROADMOOR ELEMENTARY  •  0.54 mi
1500 North Houston, Hobbs, NM 88240
Public  •  Elementary  •  Grades KG to 5
Hobbs Municipal Schools
HIGHLAND MIDDLE SCHOOL  •  0.53 mi
2500 North Jefferson, Hobbs, NM 88240
Public  •  Middle School  •  Grades 6 to 8
Hobbs Municipal Schools
HOBBS HIGH  •  0.88 mi
800 North Jefferson, Hobbs, NM 88240
Public  •  High School  •  Grades 9 to 12
Hobbs Municipal Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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