Large Location Icon

131 W Martin St; Hobbs, NM Property Details

131 W Martin St, Hobbs, NM is a Single Family that was built in 1990. This property is currently Financed and is not for sale. Our records show that 131 W Martin St has 3 bedrooms, and 2 bathrooms, and a total of 2,714 square feet. The lot size of 131 W Martin St is 20,242 square feet.

Off market
131 W Martin St Hobbs, NM 88242
$327,000 Listing Price
3 Beds
2 Baths
2,714 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1990
  • Purchase Price: $313,000
  • Open Loans / Balance: 1 / $300,773
  • Est. Equity / %: $55,227 / 15.51%
  • APN: 4 000 750 210 001
  • Situs County: Lea
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,714/SqFt
  • Lot: 20,242/SqFt
  • Price Per Square Foot: $115.33

Legal Description

  • Description: KNOWLES SUB-DIV UNIT 2 BLOCK 3 LOT 4 122223 PR OF ESTATE PETREY, JOAN
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.76592 / -103.13772
  • Subdivision: Knowles Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9452

Ownership Info

131 W Martin St has no associated ownership info
131 W Martin St has no associated ownership info.

Taxes

131 W Martin St has 10 associated Taxes items

131 W Martin 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 $105,110. The APN we've located for 131 W Martin St is 4 000 750 210 001.

Unlock the full report
Taxes
  • Assessed Value:  $105,110
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 750 210 001
  • Assessed Land Value:  7567
  • Market Land Value:  22701
  • Tax Amount:  2433.81
  • Tax Year:  2025
  • Market Value:  315330
  • Market Year:  2025

Tax History

131 W Martin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $105,110 Land Value $7,567 Improvement Value $97,543 Tax Amount $2,433.81 Change Rate -0.012% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $105,110 Land Value $7,567 Improvement Value $97,543 Tax Amount $2,463.37 Change Rate +0.885054% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $55,030 Land Value $1,369 Improvement Value $53,661 Tax Amount $1,306.79 Change Rate +0.046839% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $55,030 Land Value $1,369 Improvement Value $53,661 Tax Amount $1,248.32 Change Rate +0.032514% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $51,871 Land Value $1,290 Improvement Value $50,581 Tax Amount $1,209.01 Change Rate +0.050747% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $50,360 Land Value $1,252 Improvement Value $49,108 Tax Amount $1,150.62 Change Rate +0.050804% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $48,894 Land Value $1,216 Improvement Value $47,678 Tax Amount $1,094.99 Change Rate -0.237424% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $47,470 Land Value $1,181 Improvement Value $46,289 Tax Amount $1,435.91 Change Rate +0.029983% Assessed CR Tax Rate +0.030249%
Year 2017 Assessed Value $138,264 Land Value $3,441 Improvement Value $134,823 Tax Amount $1,394.11 Change Rate Assessed CR Tax Rate +0.010083%
Year 2016 Assessed Value $134,238 Land Value $3,342 Improvement Value $130,896 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $130,329 Land Value $3,246 Improvement Value $127,083 Tax Amount $970.78 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $126,531 Land Value $3,150 Improvement Value $123,381 Tax Amount Change Rate Assessed CR Tax Rate