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501 E Aspen St; Hobbs, NM Property Details

501 E Aspen St, Hobbs, NM is a Single Family that was built in 1978. This property is currently Financed and is for sale. Our records show that 501 E Aspen St has 3 bedrooms, and 2 bathrooms, and a total of 2,200 square feet. The lot size of 501 E Aspen St is 6,844 square feet.

On Market for 57 days
501 E Aspen St Hobbs, NM 88240
$253,000 Listing Price
3 Beds
2 Baths
2,200 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1978
  • Purchase Price: $10,836,000
  • Open Loans / Balance: 1 / $6,981,452
  • Est. Equity / %: $-6,722,452 / -2,595.54%
  • APN: 4 000 162 350 001
  • Situs County: Lea
  • Length Of Ownership: 16 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,200/SqFt
  • Lot: 6,844/SqFt
  • Price Per Square Foot: $4925.45

Legal Description

  • Description: BELMONT ADD UNIT 4 BLOCK 5A LOT 22 SEE F5 FOR FOOTNOTES PHOTO 12216 020718 BK2128951 FINAL DECREE, HAMMOND, JEFFREY TODD
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: 32.73523 / -103.132225
  • Subdivision: Belmont Add
  • Property Class: Residential

Amenities

  • Plus Four: 1447

Ownership Info

501 E Aspen St has no associated ownership info
501 E Aspen St has no associated ownership info.

Taxes

501 E Aspen St has 10 associated Taxes items

501 E Aspen 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 $44,521. The APN we've located for 501 E Aspen St is 4 000 162 350 001.

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Taxes
  • Assessed Value:  $44,521
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 162 350 001
  • Assessed Land Value:  1797
  • Market Land Value:  5391
  • Tax Amount:  1147.6
  • Tax Year:  2025
  • Market Value:  133563
  • Market Year:  2025

Tax History

501 E Aspen St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,521 Land Value $1,797 Improvement Value $42,724 Tax Amount $1,147.6 Change Rate +0.018559% Assessed CR Tax Rate +0.025777%
Year 2024 Assessed Value $43,225 Land Value $1,745 Improvement Value $41,480 Tax Amount $1,126.69 Change Rate +0.017594% Assessed CR Tax Rate +0.026066%
Year 2023 Assessed Value $41,966 Land Value $1,694 Improvement Value $40,272 Tax Amount $1,107.21 Change Rate +0.044853% Assessed CR Tax Rate +0.026384%
Year 2022 Assessed Value $41,966 Land Value $1,694 Improvement Value $40,272 Tax Amount $1,059.68 Change Rate +0.002564% Assessed CR Tax Rate +0.025251%
Year 2021 Assessed Value $40,744 Land Value $1,645 Improvement Value $39,099 Tax Amount $1,056.97 Change Rate +0.015292% Assessed CR Tax Rate +0.025942%
Year 2020 Assessed Value $40,744 Land Value $1,645 Improvement Value $39,099 Tax Amount $1,041.05 Change Rate +0.017455% Assessed CR Tax Rate +0.025551%
Year 2019 Assessed Value $40,744 Land Value $1,645 Improvement Value $39,099 Tax Amount $1,023.19 Change Rate -0.160473% Assessed CR Tax Rate +0.025113%
Year 2018 Assessed Value $40,744 Land Value $1,645 Improvement Value $39,099 Tax Amount $1,218.77 Change Rate Assessed CR Tax Rate +0.029913%
Year 2017 Assessed Value $122,232 Land Value $4,935 Improvement Value $117,297 Tax Amount $1,218.77 Change Rate Assessed CR Tax Rate +0.009971%
Year 2016 Assessed Value $122,232 Land Value $4,935 Improvement Value $117,297 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $82,821 Land Value $4,935 Improvement Value $77,886 Tax Amount $727.16 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $80,409 Land Value $4,791 Improvement Value $75,618 Tax Amount Change Rate Assessed CR Tax Rate