Taxes
- Assessed Value: $38,882
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 110 890 001
- Assessed Land Value: 1104
- Market Land Value: 3312
- Tax Amount: 1049.38
- Tax Year: 2025
- Market Value: 116646
- Market Year: 2025
506 N Thorp St; Hobbs, NM Property Details
Off market
502 N Thorp St Hobbs, NM 88240
$38,882 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $193,000 / 100%
- APN: 4 000 110 890 001
- Situs County: Lea
Measurements
- Lot: 11,111/SqFt
Legal Description
- Description: HIGHLAND PARK ADD BLOCK 117 LOT 13 14 H-3227 81205-SMITH, CHARLEY R TRUST
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: 32.705177 / -103.13966
- Subdivision: Highland Park Add
- Property Class: Residential
Amenities
- Plus Four: 5729
Ownership Info
502 N Thorp St has no associated ownership info
502 N Thorp St has no associated ownership info.
Taxes
502 N Thorp St has 10 associated Taxes items
506 N Thorp 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 $38,882. The APN we've located for 506 N Thorp St is 4 000 110 890 001.
Unlock the full reportTax History
502 N Thorp 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 $38,882 | Land Value $1,104 | Improvement Value $37,778 | Tax Amount $1,049.38 | Change Rate +0.017127% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $37,750 | Land Value $1,072 | Improvement Value $36,678 | Tax Amount $1,031.71 | Change Rate +0.016073% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $36,651 | Land Value $1,041 | Improvement Value $35,610 | Tax Amount $1,015.39 | Change Rate +0.043288% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $36,651 | Land Value $1,041 | Improvement Value $35,610 | Tax Amount $973.26 | Change Rate +0.032626% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $34,548 | Land Value $982 | Improvement Value $33,566 | Tax Amount $942.51 | Change Rate +0.045781% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $33,541 | Land Value $953 | Improvement Value $32,588 | Tax Amount $901.25 | Change Rate +0.047977% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $32,564 | Land Value $925 | Improvement Value $31,639 | Tax Amount $859.99 | Change Rate -0.101772% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $31,615 | Land Value $898 | Improvement Value $30,717 | Tax Amount $957.43 | Change Rate +0.030004% | Assessed CR | Tax Rate +0.030284% |
| Year 2017 | Assessed Value $92,082 | Land Value $2,616 | Improvement Value $89,466 | Tax Amount $929.54 | Change Rate | Assessed CR | Tax Rate +0.010095% |
| Year 2016 | Assessed Value $89,400 | Land Value $2,541 | Improvement Value $86,859 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $86,796 | Land Value $2,466 | Improvement Value $84,330 | Tax Amount $762.07 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $84,267 | Land Value $2,394 | Improvement Value $81,873 | Tax Amount | Change Rate | Assessed CR | Tax Rate |