Taxes
- Assessed Value: $45,415
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 756 350 001
- Assessed Land Value: 1452
- Market Land Value: 4356
- Tax Amount: 1005.28
- Tax Year: 2025
- Market Value: 136245
- Market Year: 2025
501 W Martin St; Hobbs, NM Property Details
Off market
501 W Martin St Hobbs, NM 88242
$45,415 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1991
- Est. Equity / %: $304,000 / 100%
- APN: 4 000 756 350 001
- Situs County: Lea
Measurements
- Lot: 19,786/SqFt
Legal Description
- Description: KNOWLES SUB-DIV UNIT 2 BLOCK 7 LOT 3 1991-JONES A J 1101-FLOWERS, WAYNE 302-MIDFIRST BANK 11502-HOUSING & URBAN DEV 12204-CER
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: 32.7659 / -103.14108
- Subdivision: Knowles Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 9443
Ownership Info
501 W Martin St has no associated ownership info
501 W Martin St has no associated ownership info.
Taxes
501 W Martin St has 10 associated Taxes items
501 W Martin 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 $45,415. The APN we've located for 501 W Martin St is 4 000 756 350 001.
Unlock the full reportTax History
501 W Martin 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 $45,415 | Land Value $1,452 | Improvement Value $43,963 | Tax Amount $1,005.28 | Change Rate +0.019037% | Assessed CR | Tax Rate +0.022135% |
| Year 2024 | Assessed Value $44,093 | Land Value $1,410 | Improvement Value $42,683 | Tax Amount $986.5 | Change Rate +0.017965% | Assessed CR | Tax Rate +0.022373% |
| Year 2023 | Assessed Value $42,809 | Land Value $1,369 | Improvement Value $41,440 | Tax Amount $969.09 | Change Rate +0.048379% | Assessed CR | Tax Rate +0.022638% |
| Year 2022 | Assessed Value $42,809 | Land Value $1,369 | Improvement Value $41,440 | Tax Amount $924.37 | Change Rate +0.034098% | Assessed CR | Tax Rate +0.021593% |
| Year 2021 | Assessed Value $40,351 | Land Value $1,290 | Improvement Value $39,061 | Tax Amount $893.89 | Change Rate +0.052403% | Assessed CR | Tax Rate +0.022153% |
| Year 2020 | Assessed Value $39,175 | Land Value $1,252 | Improvement Value $37,923 | Tax Amount $849.38 | Change Rate +0.052529% | Assessed CR | Tax Rate +0.021682% |
| Year 2019 | Assessed Value $38,034 | Land Value $1,216 | Improvement Value $36,818 | Tax Amount $806.99 | Change Rate -0.266119% | Assessed CR | Tax Rate +0.021218% |
| Year 2018 | Assessed Value $36,927 | Land Value $1,181 | Improvement Value $35,746 | Tax Amount $1,099.62 | Change Rate +0.030543% | Assessed CR | Tax Rate +0.029778% |
| Year 2017 | Assessed Value $107,556 | Land Value $3,441 | Improvement Value $104,115 | Tax Amount $1,067.03 | Change Rate | Assessed CR | Tax Rate +0.009921% |
| Year 2016 | Assessed Value $104,424 | Land Value $3,342 | Improvement Value $101,082 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $101,385 | Land Value $3,246 | Improvement Value $98,139 | Tax Amount $710.49 | Change Rate | Assessed CR | Tax Rate +0.007008% |
| Year 2014 | Assessed Value $98,430 | Land Value $3,150 | Improvement Value $95,280 | Tax Amount | Change Rate | Assessed CR | Tax Rate |