Taxes
- Assessed Value: $33,219
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 405 870 001
- Assessed Land Value: 2559
- Market Land Value: 7677
- Tax Amount: 769.19
- Tax Year: 2025
- Market Value: 99657
- Market Year: 2025
506 W Chance Dr; Hobbs, NM Property Details
Off market
506 W Chance Dr Hobbs, NM 88242
$65,000 Listing Price
3 Beds
1.5 Baths
2,133 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1980
- Purchase Price: $53,200
- Open Loans / Balance: 1 / $39,674
- Est. Equity / %: $272,326 / 87.28%
- Inv. Liens: 1
- APN: 4 000 405 870 001
- Situs County: Lea
- Length Of Ownership: 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
Measurements
- Total: 2,133/SqFt
- Lot: 20,051/SqFt
- Price Per Square Foot: $24.94
Legal Description
- Description: SECTION-15 TOWNSHIP-18S RANGE-38E .4603 AC LOC NW4SW4 TR BEG N0D3E 1980 & S89D53E, 975 FROM SW COR SEC 15, TH S89D53E,110.5,
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: 32.745987 / -103.141525
- Property Class: Residential
Ownership Info
506 W Chance Dr has no associated ownership info
506 W Chance Dr has no associated ownership info.
Taxes
506 W Chance Dr has 10 associated Taxes items
506 W Chance Dr, 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 $33,219. The APN we've located for 506 W Chance Dr is 4 000 405 870 001.
Unlock the full reportTax History
506 W Chance Dr 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 $33,219 | Land Value $2,559 | Improvement Value $30,660 | Tax Amount $769.19 | Change Rate +0.017676% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $32,251 | Land Value $2,484 | Improvement Value $29,767 | Tax Amount $755.83 | Change Rate +0.016502% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $31,312 | Land Value $2,412 | Improvement Value $28,900 | Tax Amount $743.56 | Change Rate +0.04684% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $31,312 | Land Value $2,412 | Improvement Value $28,900 | Tax Amount $710.29 | Change Rate +0.032488% | Assessed CR | Tax Rate +0.022684% |
| Year 2021 | Assessed Value $29,515 | Land Value $2,274 | Improvement Value $27,241 | Tax Amount $687.94 | Change Rate +0.050723% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $28,656 | Land Value $2,208 | Improvement Value $26,448 | Tax Amount $654.73 | Change Rate +0.050813% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $27,822 | Land Value $2,144 | Improvement Value $25,678 | Tax Amount $623.07 | Change Rate -0.250379% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $27,012 | Land Value $2,082 | Improvement Value $24,930 | Tax Amount $831.18 | Change Rate +0.030014% | Assessed CR | Tax Rate +0.030771% |
| Year 2017 | Assessed Value $78,675 | Land Value $6,063 | Improvement Value $72,612 | Tax Amount $806.96 | Change Rate | Assessed CR | Tax Rate +0.010257% |
| Year 2016 | Assessed Value $76,383 | Land Value $5,886 | Improvement Value $70,497 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $76,887 | Land Value $8,442 | Improvement Value $68,445 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $74,646 | Land Value $8,196 | Improvement Value $66,450 | Tax Amount | Change Rate | Assessed CR | Tax Rate |