Sold

Price Unknown

7425 N Kornegay Ln, Hobbs, NM 88242

4beds

2,444sqft

Single Family Residence

Built in 1982

2.01 Acres Lot

$411,700 Zestimate^®

$--/sqft

$2,945 Estimated rent

Home value

$411,700

Estimated sales range

Not available

$2,945/mo

Zestimate^® history

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What's special

Welcome home to this beautifully renovated 4-bedroom, 3-bath retreat on 2 acres with a gated entry and security system. Inside, youll find two master suites with private baths, a bright sunroom, and a stunning kitchen with gas cooktop, double wall oven, and generous counter space. Step outside to enjoy an outdoor kitchen, trampoline, and wide-open space for gatherings or quiet evenings. With two water wells and a workshop equipped with 220-volt power, this property combines comfort, convenience, and room to spread out. A place designed for everyday living and lasting enjoyment.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Features

Flooring: Carpet, Laminate, Tile, Vinyl
Number of fireplaces: 1

Interior area

Total structure area: 2,444
Total interior livable area: 2,444 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Exterior features: Drip Irrigation, Outdoor Kitchen
Frontage length: 157.6

Lot

Size: 2.01 Acres
Dimensions: 157.6x554.5
Topography: Pipe, Wire, Sprinklers In Front, Sprinklers In Rear

Details

Parcel number: 4000421400001
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Siding, Mission Stone
Roof: Pitched

Condition

Year built: 1982

Utilities & green energy

Water: Well
Utilities for property: Electricity Connected

Community & HOA

Community

Security: Security System, Audio/Video Surveillance

HOA

Has HOA: No

Location

Region: Hobbs

Financial & listing details

Tax assessed value: $205,230
Annual tax amount: $4,453
Date on market: 8/19/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Inclusions: Cooktop, Dishwasher, Dryer, Humidifier, Oven, Refrigerator, Washer
Electric utility on property: Yes

Price history

Date	Event	Price
2/20/2026	Sold	--
Source: New Mexico MLS #20254806 Report a problem
11/2/2025	Pending sale	$499,900$205/sqft
Source: New Mexico MLS #20254806 Report a problem
10/30/2025	Listing removed	$499,900$205/sqft
Source: New Mexico MLS #20254806 Report a problem
10/26/2025	Price change	$499,900-3.8%$205/sqft
Source: New Mexico MLS #20254806 Report a problem
10/13/2025	Price change	$519,900-2.8%$213/sqft
Source: New Mexico MLS #20254806 Report a problem
10/3/2025	Price change	$534,900-3.6%$219/sqft
Source: New Mexico MLS #20254806 Report a problem
9/16/2025	Price change	$554,900-1.8%$227/sqft
Source: New Mexico MLS #20254806 Report a problem
9/3/2025	Price change	$564,900-0.9%$231/sqft
Source: New Mexico MLS #20254806 Report a problem
8/20/2025	Listed for sale	$570,000+46.2%$233/sqft
Source: New Mexico MLS #20254806 Report a problem
2/28/2019	Sold	--
Source: New Mexico MLS #20190223 Report a problem
9/14/2018	Listed for sale	$390,000$160/sqft
Source: BURKETT - SHAW REALTY / HOBBS #20183676 Report a problem
8/10/2018	Listing removed	$390,000$160/sqft
Source: BURKETT - SHAW REALTY / HOBBS #20183676 Report a problem
8/3/2018	Listed for sale	$390,000$160/sqft
Source: BURKETT - SHAW REALTY / HOBBS #20183676 Report a problem
4/3/2018	Listing removed	$390,000$160/sqft
Source: BURKETT - SHAW REALTY / HOBBS #20180387 Report a problem
7/26/2017	Listed for sale	$390,000$160/sqft
Source: BURKETT - SHAW REALTY / HOBBS #20173821 Report a problem
6/6/2017	Listing removed	$390,000$160/sqft
Source: BURKETT - SHAW REALTY / HOBBS #20170226 Report a problem
7/11/2016	Listed for sale	$390,000-6%$160/sqft
Source: BURKETT - SHAW REALTY, LLC #20163453 Report a problem
11/11/2015	Listing removed	$415,000$170/sqft
Source: ROBINSON & ASSOCIATES REAL ESTATE #20152569 Report a problem
11/9/2015	Listed for sale	$415,000$170/sqft
Source: ROBINSON & ASSOCIATES REAL ESTATE #20152569 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,584 +1.8%	$68,410 +3%
2024	$1,557 +1.6%	$66,418 +3%
2023	$1,531 +4.7%	$64,484 +3%
2022	$1,463 +0.2%	$62,606
2021	$1,459 +0.2%	$62,606
2020	$1,456 +71.7%	$62,606 +70.7%
2019	$848 +4.1%	$36,685 +0.3%
2018	$815 -23.6%	$36,578 -65.7%
2017	$1,066 +71.8%	$106,623 +2.9%
2016	$621	$103,602 +2.9%
2015	$621	$100,668 +2.9%
2014	--	$97,818 -18.2%
2013	--	$119,514 +2.9%
2012	--	$116,118 +2.9%
2011	--	$112,821 +2.9%
2010	--	$109,620