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501 E Corbett St; Hobbs, NM Property Details

501 E Corbett St, Hobbs, NM is a Single Family that was built in 1959. This property is currently a cash purchase and is not for sale. Our records show that 501 E Corbett St has 3 bedrooms, and 3 bathrooms, and a total of 3,355 square feet. The lot size of 501 E Corbett St is 10,911 square feet.

Off market
501 E Corbett St Hobbs, NM 88240
$246,000 Listing Price
3 Beds
3 Baths
3,355 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Open Loans / Balance: 2 / $265,785
  • Est. Equity / %: $42,215 / 13.71%
  • Inv. Liens: 2
  • APN: 4 000 129 360 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3

Measurements

  • Total: 3,355/SqFt
  • Lot: 10,911/SqFt

Legal Description

  • Description: EAST END ADD BLOCK 171 LOT 7 8
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: 32.709923 / -103.13102
  • Subdivision: East End Add
  • Property Class: Residential

Amenities

  • Plus Four: 5207

Ownership Info

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

Taxes

501 E Corbett St has 10 associated Taxes items

501 E Corbett 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 $78,018. The APN we've located for 501 E Corbett St is 4 000 129 360 001.

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Taxes
  • Assessed Value:  $78,018
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 129 360 001
  • Assessed Land Value:  6294
  • Market Land Value:  18882
  • Tax Amount:  2105.62
  • Tax Year:  2025
  • Market Value:  234054
  • Market Year:  2025

Tax History

501 E Corbett St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,018 Land Value $6,294 Improvement Value $71,724 Tax Amount $2,105.62 Change Rate +0.017149% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $75,746 Land Value $6,111 Improvement Value $69,635 Tax Amount $2,070.12 Change Rate +0.016085% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $73,540 Land Value $5,933 Improvement Value $67,607 Tax Amount $2,037.35 Change Rate +0.012912% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $73,540 Land Value $5,933 Improvement Value $67,607 Tax Amount $2,011.38 Change Rate +0.002562% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $73,540 Land Value $5,933 Improvement Value $67,607 Tax Amount $2,006.24 Change Rate +0.396403% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $53,469 Land Value $5,933 Improvement Value $47,536 Tax Amount $1,436.72 Change Rate +0.017457% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $53,469 Land Value $5,933 Improvement Value $47,536 Tax Amount $1,412.07 Change Rate -0.151094% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $53,469 Land Value $5,933 Improvement Value $47,536 Tax Amount $1,663.4 Change Rate +0.599054% Assessed CR Tax Rate +0.03111%
Year 2017 Assessed Value $100,488 Land Value $10,608 Improvement Value $89,880 Tax Amount $1,040.24 Change Rate Assessed CR Tax Rate +0.010352%
Year 2016 Assessed Value $100,488 Land Value $10,608 Improvement Value $89,880 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $100,488 Land Value $10,608 Improvement Value $89,880 Tax Amount $882.27 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $100,488 Land Value $10,608 Improvement Value $89,880 Tax Amount Change Rate Assessed CR Tax Rate