Taxes
- Assessed Value: $7,185
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 031 300 001
- Assessed Land Value: 585
- Market Land Value: 1755
- Tax Amount: 139.92
- Tax Year: 2025
- Market Value: 21555
- Market Year: 2025
505 E Midwest St; Hobbs, NM Property Details
Off market • Pre Probate ✓
505 E Midwest St Hobbs, NM 88240
$7,185 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1997
- Est. Equity / %: $137,000 / 100%
- APN: 4 000 031 300 001
- Situs County: Lea
Measurements
- Lot: 7,122/SqFt
Legal Description
- Description: NEW HOBBS ADD BLOCK 82 LOT 9 10 1997-CARRASCO, MARGARITA G 0100-GOMEZ, MARGARITA 301-RAZO, ED D
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: 32.691113 / -103.13092
- Subdivision: New Hobbs Add
- Property Class: Residential
Amenities
- Plus Four: 7250
HOA
- H O A One Type: Home Owner Association
Ownership Info
505 E Midwest St has no associated ownership info
505 E Midwest St has no associated ownership info.
Taxes
505 E Midwest St has 10 associated Taxes items
505 E Midwest 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 $7,185. The APN we've located for 505 E Midwest St is 4 000 031 300 001.
Unlock the full reportTax History
505 E Midwest 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 $7,185 | Land Value $585 | Improvement Value $6,600 | Tax Amount $139.92 | Change Rate +0.028899% | Assessed CR | Tax Rate +0.019474% |
| Year 2024 | Assessed Value $6,976 | Land Value $568 | Improvement Value $6,408 | Tax Amount $135.99 | Change Rate +0.028669% | Assessed CR | Tax Rate +0.019494% |
| Year 2023 | Assessed Value $6,772 | Land Value $551 | Improvement Value $6,221 | Tax Amount $132.2 | Change Rate +0.056417% | Assessed CR | Tax Rate +0.019522% |
| Year 2022 | Assessed Value $6,772 | Land Value $551 | Improvement Value $6,221 | Tax Amount $125.14 | Change Rate +0.046584% | Assessed CR | Tax Rate +0.018479% |
| Year 2021 | Assessed Value $6,383 | Land Value $519 | Improvement Value $5,864 | Tax Amount $119.57 | Change Rate +0.0603% | Assessed CR | Tax Rate +0.018733% |
| Year 2020 | Assessed Value $6,197 | Land Value $504 | Improvement Value $5,693 | Tax Amount $112.77 | Change Rate +0.063366% | Assessed CR | Tax Rate +0.018198% |
| Year 2019 | Assessed Value $6,016 | Land Value $489 | Improvement Value $5,527 | Tax Amount $106.05 | Change Rate -0.337105% | Assessed CR | Tax Rate +0.017628% |
| Year 2018 | Assessed Value $5,841 | Land Value $475 | Improvement Value $5,366 | Tax Amount $159.98 | Change Rate +0.033863% | Assessed CR | Tax Rate +0.027389% |
| Year 2017 | Assessed Value $17,013 | Land Value $1,383 | Improvement Value $15,630 | Tax Amount $154.74 | Change Rate | Assessed CR | Tax Rate +0.009095% |
| Year 2016 | Assessed Value $16,518 | Land Value $1,344 | Improvement Value $15,174 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $16,038 | Land Value $1,305 | Improvement Value $14,733 | Tax Amount $88.12 | Change Rate | Assessed CR | Tax Rate +0.005494% |
| Year 2014 | Assessed Value $15,570 | Land Value $1,266 | Improvement Value $14,304 | Tax Amount | Change Rate | Assessed CR | Tax Rate |