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505 W Midwest St; Hobbs, NM Property Details

505 W Midwest St, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 505 W Midwest St is 4,940 square feet.

Off market
505 W Midwest St Hobbs, NM 88240
$9,489 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Est. Equity / %: $130,000 / 100%
  • APN: 4 000 038 720 001
  • Situs County: Lea

Measurements

  • Lot: 4,940/SqFt

Legal Description

  • Description: NEW HOBBS ADD BLOCK 73 LOT 3 REPLAT OF LOTS 1-2-3 103108-REPLAT OF 1-2-3 FILE # 63001 BK 1607 PG 231 (LOT 3 IS 35 X 140) REDE
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.691116 / -103.14154
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 7101

HOA

  • H O A One Type: Home Owner Association

Ownership Info

505 W Midwest St has no associated ownership info
505 W Midwest St has no associated ownership info.

Taxes

505 W Midwest St has 10 associated Taxes items

505 W 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 $9,489. The APN we've located for 505 W Midwest St is 4 000 038 720 001.

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Taxes
  • Assessed Value:  $9,489
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 038 720 001
  • Assessed Land Value:  607
  • Market Land Value:  1821
  • Tax Amount:  256.1
  • Tax Year:  2025
  • Market Value:  28467
  • Market Year:  2025

Tax History

505 W Midwest St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,489 Land Value $607 Improvement Value $8,882 Tax Amount $256.1 Change Rate +0.017239% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $9,212 Land Value $589 Improvement Value $8,623 Tax Amount $251.76 Change Rate +0.016063% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $8,944 Land Value $572 Improvement Value $8,372 Tax Amount $247.78 Change Rate +0.043284% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $8,944 Land Value $572 Improvement Value $8,372 Tax Amount $237.5 Change Rate +0.032743% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $8,430 Land Value $539 Improvement Value $7,891 Tax Amount $229.97 Change Rate +0.045698% Assessed CR Tax Rate +0.02728%
Year 2020 Assessed Value $8,184 Land Value $523 Improvement Value $7,661 Tax Amount $219.92 Change Rate +0.047937% Assessed CR Tax Rate +0.026872%
Year 2019 Assessed Value $7,946 Land Value $508 Improvement Value $7,438 Tax Amount $209.86 Change Rate -0.11208% Assessed CR Tax Rate +0.026411%
Year 2018 Assessed Value $7,714 Land Value $493 Improvement Value $7,221 Tax Amount $236.35 Change Rate +0.007889% Assessed CR Tax Rate +0.030639%
Year 2017 Assessed Value $22,971 Land Value $1,437 Improvement Value $21,534 Tax Amount $234.5 Change Rate Assessed CR Tax Rate +0.010209%
Year 2016 Assessed Value $22,302 Land Value $1,395 Improvement Value $20,907 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $21,651 Land Value $1,353 Improvement Value $20,298 Tax Amount $190.09 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $21,021 Land Value $1,314 Improvement Value $19,707 Tax Amount Change Rate Assessed CR Tax Rate