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421 S Elm St; Hobbs, NM Property Details

421 S Elm St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 421 S Elm St is 9,541 square feet.

Off market
421 S Elm St Hobbs, NM 88240
$20,097 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Est. Equity / %: $179,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 020 530 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Lot: 9,541/SqFt

Legal Description

  • Description: BALLEW ADD LOT 2
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: 32.697216 / -103.11797
  • Subdivision: Ballew Add
  • Property Class: Residential

Amenities

  • Plus Four: 6825

Ownership Info

421 S Elm St has no associated ownership info
421 S Elm St has no associated ownership info.

Taxes

421 S Elm St has 10 associated Taxes items

421 S Elm 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 $20,097. The APN we've located for 421 S Elm St is 4 000 020 530 001.

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Taxes
  • Assessed Value:  $20,097
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 020 530 001
  • Assessed Land Value:  385
  • Market Land Value:  1155
  • Tax Amount:  488.42
  • Tax Year:  2025
  • Market Value:  60291
  • Market Year:  2025

Tax History

421 S Elm St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,097 Land Value $385 Improvement Value $19,712 Tax Amount $488.42 Change Rate +0.020497% Assessed CR Tax Rate +0.024303%
Year 2024 Assessed Value $19,512 Land Value $374 Improvement Value $19,138 Tax Amount $478.61 Change Rate +0.019577% Assessed CR Tax Rate +0.024529%
Year 2023 Assessed Value $18,944 Land Value $363 Improvement Value $18,581 Tax Amount $469.42 Change Rate +0.047018% Assessed CR Tax Rate +0.024779%
Year 2022 Assessed Value $18,944 Land Value $363 Improvement Value $18,581 Tax Amount $448.34 Change Rate +0.036385% Assessed CR Tax Rate +0.023667%
Year 2021 Assessed Value $17,857 Land Value $342 Improvement Value $17,515 Tax Amount $432.6 Change Rate +0.04972% Assessed CR Tax Rate +0.024226%
Year 2020 Assessed Value $17,337 Land Value $332 Improvement Value $17,005 Tax Amount $412.11 Change Rate +0.052079% Assessed CR Tax Rate +0.023771%
Year 2019 Assessed Value $16,832 Land Value $322 Improvement Value $16,510 Tax Amount $391.71 Change Rate -0.172543% Assessed CR Tax Rate +0.023272%
Year 2018 Assessed Value $16,342 Land Value $313 Improvement Value $16,029 Tax Amount $473.39 Change Rate +0.031306% Assessed CR Tax Rate +0.028968%
Year 2017 Assessed Value $47,598 Land Value $912 Improvement Value $46,686 Tax Amount $459.02 Change Rate +8.952732% Assessed CR Tax Rate +0.009644%
Year 2016 Assessed Value $46,212 Land Value $885 Improvement Value $45,327 Tax Amount $46.12 Change Rate +0.02171% Assessed CR Tax Rate +0.000998%
Year 2015 Assessed Value $44,865 Land Value $858 Improvement Value $44,007 Tax Amount $45.14 Change Rate +0.349074% Assessed CR Tax Rate +0.001006%
Year 2014 Assessed Value $43,560 Land Value $834 Improvement Value $42,726 Tax Amount $33.46 Change Rate Assessed CR Tax Rate +0.000768%