Taxes
- Assessed Value: $63,636
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 708 530 001
- Assessed Land Value: 6550
- Market Land Value: 19650
- Tax Amount: 1376.96
- Tax Year: 2025
- Market Value: 190908
- Market Year: 2025
500 7th St; Hobbs, NM Property Details
Off market • Pre Probate ✓
500 7th St Hobbs, NM 88240
$196,500 Listing Price
3 Beds
2,011 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1955
- Purchase Price: $256,610
- Open Loans / Balance: 1 / $185,544
- Est. Equity / %: $28,456 / 13.3%
- APN: 4 000 708 530 001
- Situs County: Lea
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 3
Measurements
- Total: 2,011/SqFt
- Lot: 13,285/SqFt
- Price Per Square Foot: $127.60
Legal Description
- Description: J B PYEATT ADD UNIT 1 BLOCK 1 LOT 1 2 N 45 OF 2 32323 ORNELAS, DANIEL ETUX
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Jal Public Schools
- Lat / Lon: 32.108356 / -103.197914
- Subdivision: J B Pyeatt Add
- Property Class: Residential
Ownership Info
500 7th St has no associated ownership info
500 7th St has no associated ownership info.
Taxes
500 7th St has 10 associated Taxes items
500 7th 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 $63,636. The APN we've located for 500 7th St is 4 000 708 530 001.
Unlock the full reportTax History
500 7th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $63,636 | Land Value $6,550 | Improvement Value $57,086 | Tax Amount $1,376.96 | Change Rate -0.029681% | Assessed CR | Tax Rate +0.021638% |
| Year 2024 | Assessed Value $63,636 | Land Value $6,550 | Improvement Value $57,086 | Tax Amount $1,419.08 | Change Rate +0.137147% | Assessed CR | Tax Rate +0.0223% |
| Year 2023 | Assessed Value $52,928 | Land Value $3,333 | Improvement Value $49,595 | Tax Amount $1,247.93 | Change Rate +0.000963% | Assessed CR | Tax Rate +0.023578% |
| Year 2022 | Assessed Value $52,928 | Land Value $3,333 | Improvement Value $49,595 | Tax Amount $1,246.73 | Change Rate -0.110356% | Assessed CR | Tax Rate +0.023555% |
| Year 2021 | Assessed Value $52,928 | Land Value $3,333 | Improvement Value $49,595 | Tax Amount $1,401.38 | Change Rate -0.009828% | Assessed CR | Tax Rate +0.026477% |
| Year 2020 | Assessed Value $52,928 | Land Value $3,333 | Improvement Value $49,595 | Tax Amount $1,415.29 | Change Rate +0.957822% | Assessed CR | Tax Rate +0.02674% |
| Year 2019 | Assessed Value $26,909 | Land Value $1,282 | Improvement Value $25,627 | Tax Amount $722.89 | Change Rate -0.118524% | Assessed CR | Tax Rate +0.026864% |
| Year 2018 | Assessed Value $26,909 | Land Value $1,282 | Improvement Value $25,627 | Tax Amount $820.09 | Change Rate | Assessed CR | Tax Rate +0.030476% |
| Year 2017 | Assessed Value $80,727 | Land Value $3,846 | Improvement Value $76,881 | Tax Amount $820.09 | Change Rate | Assessed CR | Tax Rate +0.010159% |
| Year 2016 | Assessed Value $80,727 | Land Value $3,846 | Improvement Value $76,881 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $80,727 | Land Value $3,846 | Improvement Value $76,881 | Tax Amount $692.11 | Change Rate | Assessed CR | Tax Rate +0.008573% |
| Year 2014 | Assessed Value $80,727 | Land Value $3,846 | Improvement Value $76,881 | Tax Amount | Change Rate | Assessed CR | Tax Rate |