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407 N Thorp St; Hobbs, NM Property Details

407 N Thorp St, Hobbs, NM is a Vacant Land General. This property is currently Cash Purchase,Foreclosure and is not for sale. The lot size of 407 N Thorp St is 4,670 square feet.

Off market
407 N Thorp St Hobbs, NM 88240
$534 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $215,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 008 540 001
  • Situs County: Lea
  • Length Of Ownership: 2 months

Measurements

  • Lot: 4,670/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 109 LOT 1
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.704716 / -103.140144
  • Subdivision: Highland Park Add
  • Property Class: Vacant

Amenities

  • Plus Four: 5726

Ownership Info

407 N Thorp St has no associated ownership info
407 N Thorp St has no associated ownership info.

Taxes

407 N Thorp St has 10 associated Taxes items

407 N Thorp 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 $534. The APN we've located for 407 N Thorp St is 4 000 008 540 001.

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Taxes
  • Assessed Value:  $534
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 008 540 001
  • Assessed Land Value:  534
  • Market Land Value:  1602
  • Tax Amount:  18.44
  • Tax Year:  2025
  • Market Value:  1602
  • Market Year:  2025

Tax History

407 N Thorp St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $534 Land Value $534 Improvement Value Tax Amount $18.44 Change Rate -0.864651% Assessed CR Tax Rate +0.034532%
Year 2024 Assessed Value $4,985 Land Value $534 Improvement Value $4,451 Tax Amount $136.24 Change Rate +0.016186% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $4,839 Land Value $518 Improvement Value $4,321 Tax Amount $134.07 Change Rate +0.043346% Assessed CR Tax Rate +0.027706%
Year 2022 Assessed Value $4,839 Land Value $518 Improvement Value $4,321 Tax Amount $128.5 Change Rate +0.032709% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $4,561 Land Value $488 Improvement Value $4,073 Tax Amount $124.43 Change Rate +0.045806% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $4,428 Land Value $474 Improvement Value $3,954 Tax Amount $118.98 Change Rate +0.04782% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $4,299 Land Value $460 Improvement Value $3,839 Tax Amount $113.55 Change Rate -0.124451% Assessed CR Tax Rate +0.026413%
Year 2018 Assessed Value $4,174 Land Value $447 Improvement Value $3,727 Tax Amount $129.69 Change Rate +0.030103% Assessed CR Tax Rate +0.031071%
Year 2017 Assessed Value $12,156 Land Value $1,302 Improvement Value $10,854 Tax Amount $125.9 Change Rate Assessed CR Tax Rate +0.010357%
Year 2016 Assessed Value $11,802 Land Value $1,263 Improvement Value $10,539 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $11,460 Land Value $1,227 Improvement Value $10,233 Tax Amount $100.63 Change Rate Assessed CR Tax Rate +0.008781%
Year 2014 Assessed Value $11,127 Land Value $1,191 Improvement Value $9,936 Tax Amount Change Rate Assessed CR Tax Rate