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505 E Corbett St; Hobbs, NM Property Details

505 E Corbett St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 505 E Corbett St is 13,320 square feet.

Off market
505 E Corbett St Hobbs, NM 88240
$11,143 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Est. Equity / %: $220,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 129 350 001
  • Situs County: Lea
  • Length Of Ownership: 10 months

Measurements

  • Lot: 13,320/SqFt

Legal Description

  • Description: EAST END ADD BLOCK 171 LOT 4 5 6 W 15 OF 4 041-10011881 598-LEWIS, JERRY A
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: 32.710026 / -103.130775
  • Subdivision: East End Add
  • Property Class: Residential

Amenities

  • Plus Four: 5207

Ownership Info

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

Taxes

505 E Corbett St has 10 associated Taxes items

505 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 $11,143. The APN we've located for 505 E Corbett St is 4 000 129 350 001.

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Taxes
  • Assessed Value:  $11,143
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 129 350 001
  • Assessed Land Value:  1315
  • Market Land Value:  3945
  • Tax Amount:  246.75
  • Tax Year:  2025
  • Market Value:  33429
  • Market Year:  2025

Tax History

505 E Corbett St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,143 Land Value $1,315 Improvement Value $9,828 Tax Amount $246.75 Change Rate +0.023731% Assessed CR Tax Rate +0.022144%
Year 2024 Assessed Value $10,819 Land Value $1,277 Improvement Value $9,542 Tax Amount $241.03 Change Rate +0.023091% Assessed CR Tax Rate +0.022278%
Year 2023 Assessed Value $10,504 Land Value $1,240 Improvement Value $9,264 Tax Amount $235.59 Change Rate +0.050662% Assessed CR Tax Rate +0.022429%
Year 2022 Assessed Value $10,504 Land Value $1,240 Improvement Value $9,264 Tax Amount $224.23 Change Rate +0.040317% Assessed CR Tax Rate +0.021347%
Year 2021 Assessed Value $9,901 Land Value $1,169 Improvement Value $8,732 Tax Amount $215.54 Change Rate +0.053728% Assessed CR Tax Rate +0.02177%
Year 2020 Assessed Value $9,613 Land Value $1,135 Improvement Value $8,478 Tax Amount $204.55 Change Rate +0.056233% Assessed CR Tax Rate +0.021278%
Year 2019 Assessed Value $9,333 Land Value $1,102 Improvement Value $8,231 Tax Amount $193.66 Change Rate -0.262332% Assessed CR Tax Rate +0.02075%
Year 2018 Assessed Value $9,061 Land Value $1,070 Improvement Value $7,991 Tax Amount $262.53 Change Rate +0.032363% Assessed CR Tax Rate +0.028974%
Year 2017 Assessed Value $26,391 Land Value $3,117 Improvement Value $23,274 Tax Amount $254.3 Change Rate Assessed CR Tax Rate +0.009636%
Year 2016 Assessed Value $25,623 Land Value $3,027 Improvement Value $22,596 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $24,879 Land Value $2,940 Improvement Value $21,939 Tax Amount $165.75 Change Rate Assessed CR Tax Rate +0.006662%
Year 2014 Assessed Value $24,153 Land Value $2,853 Improvement Value $21,300 Tax Amount Change Rate Assessed CR Tax Rate