Taxes
- Assessed Value: $42,991
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 152 910 001
- Assessed Land Value: 4668
- Market Land Value: 14004
- Tax Amount: 1160.29
- Tax Year: 2025
- Market Value: 128973
- Market Year: 2025
506 E Corbett St; Hobbs, NM Property Details
Off market
506 E Corbett St Hobbs, NM 88240
$115,000 Listing Price
3 Beds
2 Baths
1,485 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1950
- Purchase Price: $131,400
- Open Loans / Balance: 1 / $115,084
- Est. Equity / %: $66,916 / 36.77%
- Inv. Liens: 2
- APN: 4 000 152 910 001
- Situs County: Lea
- Length Of Ownership: 6 years
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Total: 1,485/SqFt
- Lot: 8,649/SqFt
- Price Per Square Foot: $88.48
Legal Description
- Description: EAST END ADD BLOCK 175 LOT 10 11 12 E 15 OF 10, W 7.5 OF 12
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: 32.710377 / -103.13088
- Subdivision: East End Add
- Property Class: Residential
Amenities
- Plus Four: 5208
Ownership Info
506 E Corbett St has no associated ownership info
506 E Corbett St has no associated ownership info.
Taxes
506 E Corbett St has 10 associated Taxes items
506 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 $42,991. The APN we've located for 506 E Corbett St is 4 000 152 910 001.
Unlock the full reportTax History
506 E Corbett 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 $42,991 | Land Value $4,668 | Improvement Value $38,323 | Tax Amount $1,160.29 | Change Rate +0.017147% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $41,739 | Land Value $4,532 | Improvement Value $37,207 | Tax Amount $1,140.73 | Change Rate +0.016105% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $40,523 | Land Value $4,400 | Improvement Value $36,123 | Tax Amount $1,122.65 | Change Rate +0.012911% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $40,523 | Land Value $4,400 | Improvement Value $36,123 | Tax Amount $1,108.34 | Change Rate +0.00256% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $40,523 | Land Value $4,400 | Improvement Value $36,123 | Tax Amount $1,105.51 | Change Rate +0.306116% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $31,500 | Land Value $3,333 | Improvement Value $28,167 | Tax Amount $846.41 | Change Rate +0.017466% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $31,500 | Land Value $3,333 | Improvement Value $28,167 | Tax Amount $831.88 | Change Rate -0.149694% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $31,500 | Land Value $3,333 | Improvement Value $28,167 | Tax Amount $978.33 | Change Rate | Assessed CR | Tax Rate +0.031058% |
| Year 2017 | Assessed Value $94,500 | Land Value $9,999 | Improvement Value $84,501 | Tax Amount $978.33 | Change Rate | Assessed CR | Tax Rate +0.010353% |
| Year 2016 | Assessed Value $94,500 | Land Value $9,999 | Improvement Value $84,501 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $94,500 | Land Value $9,999 | Improvement Value $84,501 | Tax Amount $829.71 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $88,047 | Land Value $9,501 | Improvement Value $78,546 | Tax Amount | Change Rate | Assessed CR | Tax Rate |