Large Location Icon

506 S Farquhar St; Hobbs, NM Property Details

506 S Farquhar St, Hobbs, NM is a Single Family that was built in 1990. This property is not for sale. The lot size of 506 S Farquhar St is 7,134 square feet.

Off market
506 S Farquhar St Hobbs, NM 88240
$12,104 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1990
  • Est. Equity / %: $138,000 / 100%
  • APN: 4 000 792 150 001
  • Situs County: Lea

Measurements

  • Lot: 7,134/SqFt

Legal Description

  • Description: NORTH ADD BLOCK 62 LOT 3 1990-CONTRACT-RUIZ, CRUZINA P 1194-PETERSEN, KAREN 1196-RUIZ, CRUZINA P 52208-RUIZ, LUZ PHOTO 101615
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lovington Public Schools
  • Lat / Lon: 32.95274 / -103.35085
  • Subdivision: North Add
  • Property Class: Residential

Ownership Info

506 S Farquhar St has no associated ownership info
506 S Farquhar St has no associated ownership info.

Taxes

506 S Farquhar St has 10 associated Taxes items

506 S Farquhar 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 $12,104. The APN we've located for 506 S Farquhar St is 4 000 792 150 001.

Unlock the full report
Taxes
  • Assessed Value:  $12,104
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 792 150 001
  • Assessed Land Value:  938
  • Market Land Value:  2814
  • Tax Amount:  369.15
  • Tax Year:  2025
  • Market Value:  36312
  • Market Year:  2025

Tax History

506 S Farquhar St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,104 Land Value $938 Improvement Value $11,166 Tax Amount $369.15 Change Rate +0.0204% Assessed CR Tax Rate +0.030498%
Year 2024 Assessed Value $11,752 Land Value $911 Improvement Value $10,841 Tax Amount $361.77 Change Rate +0.016151% Assessed CR Tax Rate +0.030784%
Year 2023 Assessed Value $11,409 Land Value $884 Improvement Value $10,525 Tax Amount $356.02 Change Rate +0.030031% Assessed CR Tax Rate +0.031205%
Year 2022 Assessed Value $11,409 Land Value $884 Improvement Value $10,525 Tax Amount $345.64 Change Rate +0.035781% Assessed CR Tax Rate +0.030295%
Year 2021 Assessed Value $10,753 Land Value $833 Improvement Value $9,920 Tax Amount $333.7 Change Rate -0.006786% Assessed CR Tax Rate +0.031033%
Year 2020 Assessed Value $10,753 Land Value $833 Improvement Value $9,920 Tax Amount $335.98 Change Rate -0.003056% Assessed CR Tax Rate +0.031245%
Year 2019 Assessed Value $10,753 Land Value $833 Improvement Value $9,920 Tax Amount $337.01 Change Rate +0.018403% Assessed CR Tax Rate +0.031341%
Year 2018 Assessed Value $10,753 Land Value $833 Improvement Value $9,920 Tax Amount $330.92 Change Rate Assessed CR Tax Rate +0.030775%
Year 2017 Assessed Value $32,259 Land Value $2,499 Improvement Value $29,760 Tax Amount $330.92 Change Rate Assessed CR Tax Rate +0.010258%
Year 2016 Assessed Value $32,259 Land Value $2,499 Improvement Value $29,760 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $32,259 Land Value $2,499 Improvement Value $29,760 Tax Amount $331.69 Change Rate Assessed CR Tax Rate +0.010282%
Year 2014 Assessed Value $32,259 Land Value $2,499 Improvement Value $29,760 Tax Amount Change Rate Assessed CR Tax Rate