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1501 N Grimes St; Hobbs, NM Property Details

1501 N Grimes St, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 1989. This property is currently a cash purchase and is not for sale. The lot size of 1501 N Grimes St is 501,811 square feet.

Off market
1501 N Grimes St Hobbs, NM 88240
$693,119 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1989
  • Open Loans: 1
  • Inv. Liens: 1
  • APN: 4 000 140 980 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 6 months

Measurements

  • Lot: 501,811/SqFt

Legal Description

  • Description: SECTION-28 TOWNSHIP-18S RANGE-38E 11.52 AC LOC NE4SE4 TR BEG N 0D3 E 1223.4 FROM SE COR OF TH N 89D57 W 660, N 0D3 E 760, S 8
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.715607 / -103.14588
  • Property Class: Residential

Amenities

  • Plus Four: 3719

Ownership Info

1501 N Grimes St has no associated ownership info
1501 N Grimes St has no associated ownership info.

Taxes

1501 N Grimes St has 10 associated Taxes items

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.

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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

Tax History

1501 N Grimes St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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