Large Location Icon

118 W Midwest St; Hobbs, NM Property Details

118 W Midwest St, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 118 W Midwest St is 7,049 square feet.

Off market
118 W Midwest St Hobbs, NM 88240
$6,631 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $1,500,000
  • Open Loans / Balance: 1 / $830,006
  • Est. Equity / %: $-698,006 / -528.79%
  • APN: 4 000 066 300 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 1 months

Measurements

  • Lot: 7,049/SqFt

Legal Description

  • Description: NEW HOBBS ADD BLOCK 64 S 95 OF LOT 13 S 95 OF LOT 14 S 95 OF LOT 15 PHOTO 092513 52813-JACOBS, JOHNNY E SR
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.691566 / -103.13724
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 7143

HOA

  • H O A One Type: Home Owner Association

Ownership Info

118 W Midwest St has no associated ownership info
118 W Midwest St has no associated ownership info.

Taxes

118 W Midwest St has 10 associated Taxes items

118 W Midwest St, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $6,631. The APN we've located for 118 W Midwest St is 4 000 066 300 001.

Unlock the full report
Taxes
  • Assessed Value:  $6,631
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 066 300 001
  • Assessed Land Value:  599
  • Market Land Value:  1797
  • Tax Amount:  178.96
  • Tax Year:  2025
  • Market Value:  19893
  • Market Year:  2025

Tax History

118 W Midwest St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,631 Land Value $599 Improvement Value $6,032 Tax Amount $178.96 Change Rate +0.017107% Assessed CR Tax Rate +0.026988%
Year 2024 Assessed Value $6,438 Land Value $582 Improvement Value $5,856 Tax Amount $175.95 Change Rate +0.016054% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $6,250 Land Value $565 Improvement Value $5,685 Tax Amount $173.17 Change Rate +0.043444% Assessed CR Tax Rate +0.027707%
Year 2022 Assessed Value $6,250 Land Value $565 Improvement Value $5,685 Tax Amount $165.96 Change Rate +0.032732% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $5,891 Land Value $533 Improvement Value $5,358 Tax Amount $160.7 Change Rate +0.015289% Assessed CR Tax Rate +0.027279%
Year 2020 Assessed Value $5,891 Land Value $533 Improvement Value $5,358 Tax Amount $158.28 Change Rate +0.017354% Assessed CR Tax Rate +0.026868%
Year 2019 Assessed Value $5,891 Land Value $533 Improvement Value $5,358 Tax Amount $155.58 Change Rate -0.145447% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $5,891 Land Value $533 Improvement Value $5,358 Tax Amount $182.06 Change Rate Assessed CR Tax Rate +0.030905%
Year 2017 Assessed Value $17,673 Land Value $1,599 Improvement Value $16,074 Tax Amount $182.06 Change Rate Assessed CR Tax Rate +0.010302%
Year 2016 Assessed Value $17,673 Land Value $1,599 Improvement Value $16,074 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $17,673 Land Value $1,599 Improvement Value $16,074 Tax Amount $155.16 Change Rate Assessed CR Tax Rate +0.008779%
Year 2014 Assessed Value $17,673 Land Value $1,599 Improvement Value $16,074 Tax Amount Change Rate Assessed CR Tax Rate