Large Location Icon

500 W Illinois St; Hobbs, NM Property Details

500 W Illinois St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 500 W Illinois St is 32,670 square feet.

Off market
500 W Illinois St Hobbs, NM 88242
$44,329 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Open Loans / Balance: 2 / $135,617
  • Est. Equity / %: $115,383 / 45.97%
  • APN: 4 000 408 520 001
  • Situs County: Lea
  • Length Of Ownership: 3 years

Measurements

  • Lot: 32,670/SqFt

Legal Description

  • Description: SECTION-34 TOWNSHIP-17S RANGE-38E .75 AC LOC SW4SW4 TR BEG AT MOST EASTERLY NE COR OF CASITAS DEL NORTE SUB-DIV TH N0D03E 136
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: 32.78731 / -103.14113
  • Subdivision: Casitas Del Norte Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9644

Ownership Info

500 W Illinois St has no associated ownership info
500 W Illinois St has no associated ownership info.

Taxes

500 W Illinois St has 10 associated Taxes items

500 W Illinois 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 $44,329. The APN we've located for 500 W Illinois St is 4 000 408 520 001.

Unlock the full report
Taxes
  • Assessed Value:  $44,329
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 408 520 001
  • Assessed Land Value:  659
  • Market Land Value:  1977
  • Tax Amount:  980.13
  • Tax Year:  2025
  • Market Value:  132987
  • Market Year:  2025

Tax History

500 W Illinois St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,329 Land Value $659 Improvement Value $43,670 Tax Amount $980.13 Change Rate +0.01909% Assessed CR Tax Rate +0.02211%
Year 2024 Assessed Value $43,038 Land Value $640 Improvement Value $42,398 Tax Amount $961.77 Change Rate +0.018015% Assessed CR Tax Rate +0.022347%
Year 2023 Assessed Value $41,784 Land Value $621 Improvement Value $41,163 Tax Amount $944.75 Change Rate +0.048418% Assessed CR Tax Rate +0.02261%
Year 2022 Assessed Value $41,784 Land Value $621 Improvement Value $41,163 Tax Amount $901.12 Change Rate +0.034142% Assessed CR Tax Rate +0.021566%
Year 2021 Assessed Value $39,385 Land Value $585 Improvement Value $38,800 Tax Amount $871.37 Change Rate +0.052417% Assessed CR Tax Rate +0.022124%
Year 2020 Assessed Value $38,238 Land Value $568 Improvement Value $37,670 Tax Amount $827.97 Change Rate +0.05258% Assessed CR Tax Rate +0.021653%
Year 2019 Assessed Value $37,124 Land Value $551 Improvement Value $36,573 Tax Amount $786.61 Change Rate -0.262535% Assessed CR Tax Rate +0.021189%
Year 2018 Assessed Value $36,043 Land Value $535 Improvement Value $35,508 Tax Amount $1,066.64 Change Rate +0.03059% Assessed CR Tax Rate +0.029594%
Year 2017 Assessed Value $104,979 Land Value $1,557 Improvement Value $103,422 Tax Amount $1,034.98 Change Rate Assessed CR Tax Rate +0.009859%
Year 2016 Assessed Value $101,922 Land Value $1,512 Improvement Value $100,410 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $98,952 Land Value $1,467 Improvement Value $97,485 Tax Amount $692.38 Change Rate Assessed CR Tax Rate +0.006997%
Year 2014 Assessed Value $96,072 Land Value $1,425 Improvement Value $94,647 Tax Amount Change Rate Assessed CR Tax Rate