Taxes
- Assessed Value: $693,119
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 140 980 001
- Assessed Land Value: 51815
- Market Land Value: 155445
- Tax Amount: 23910.54
- Tax Year: 2025
- Market Value: 2079357
- Market Year: 2025
1501 N Grimes 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 $693,119. The APN we've located for 1501 N Grimes St is 4 000 140 980 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $693,119 | Land Value $51,815 | Improvement Value $641,304 | Tax Amount $23,910.54 | Change Rate -0.000261% | Assessed CR | Tax Rate +0.034497% |
| Year 2024 | Assessed Value $693,119 | Land Value $51,815 | Improvement Value $641,304 | Tax Amount $23,916.78 | Change Rate +0.081985% | Assessed CR | Tax Rate +0.034506% |
| Year 2023 | Assessed Value $640,544 | Land Value $50,306 | Improvement Value $590,238 | Tax Amount $22,104.54 | Change Rate +0.042078% | Assessed CR | Tax Rate +0.034509% |
| Year 2022 | Assessed Value $640,544 | Land Value $50,306 | Improvement Value $590,238 | Tax Amount $21,211.98 | Change Rate +0.0271% | Assessed CR | Tax Rate +0.033116% |
| Year 2021 | Assessed Value $605,231 | Land Value $47,418 | Improvement Value $557,813 | Tax Amount $20,652.3 | Change Rate +0.020104% | Assessed CR | Tax Rate +0.034123% |
| Year 2020 | Assessed Value $603,850 | Land Value $46,037 | Improvement Value $557,813 | Tax Amount $20,245.29 | Change Rate +0.044613% | Assessed CR | Tax Rate +0.033527% |
| Year 2019 | Assessed Value $586,262 | Land Value $44,696 | Improvement Value $541,566 | Tax Amount $19,380.66 | Change Rate -0.120336% | Assessed CR | Tax Rate +0.033058% |
| Year 2018 | Assessed Value $550,797 | Land Value $43,394 | Improvement Value $507,403 | Tax Amount $22,031.88 | Change Rate +0.030001% | Assessed CR | Tax Rate +0.04% |
| Year 2017 | Assessed Value $1,604,262 | Land Value $126,390 | Improvement Value $1,477,872 | Tax Amount $21,390.16 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $1,600,581 | Land Value $122,709 | Improvement Value $1,477,872 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $1,600,581 | Land Value $122,709 | Improvement Value $1,477,872 | Tax Amount $17,604.26 | Change Rate | Assessed CR | Tax Rate +0.010999% |
| Year 2014 | Assessed Value $1,600,581 | Land Value $122,709 | Improvement Value $1,477,872 | Tax Amount | Change Rate | Assessed CR | Tax Rate |