Taxes
- Assessed Value: $35,646
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 777 860 001
- Assessed Land Value: 396
- Market Land Value: 1188
- Tax Amount: 779.08
- Tax Year: 2025
- Market Value: 106938
- Market Year: 2025
506 W Illinois St; Hobbs, NM Property Details
Off market
506 W Illinois St Hobbs, NM 88242
$35,646 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1985
- Open Loans / Balance: 1 / $207,570
- Est. Equity / %: $35,430 / 14.58%
- APN: 4 000 777 860 001
- Situs County: Lea
Measurements
- Lot: 20,721/SqFt
Legal Description
- Description: SECTION-34 TOWNSHIP-17S RANGE-38E .45 LOC SW4SW4 TR BEG S89D5014W 292.6 FROM NE COR SW4SW4, S0D03W 115, N89D58W 171.5, N0D03E
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: 32.787304 / -103.14188
- Property Class: Residential
Amenities
- Plus Four: 9644
Ownership Info
506 W Illinois St has no associated ownership info
506 W Illinois St has no associated ownership info.
Taxes
506 W Illinois St has 10 associated Taxes items
506 W Illinois 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 $35,646. The APN we've located for 506 W Illinois St is 4 000 777 860 001.
Unlock the full reportTax History
506 W Illinois 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 $35,646 | Land Value $396 | Improvement Value $35,250 | Tax Amount $779.08 | Change Rate +0.019485% | Assessed CR | Tax Rate +0.021856% |
| Year 2024 | Assessed Value $34,607 | Land Value $384 | Improvement Value $34,223 | Tax Amount $764.19 | Change Rate +0.018404% | Assessed CR | Tax Rate +0.022082% |
| Year 2023 | Assessed Value $33,599 | Land Value $373 | Improvement Value $33,226 | Tax Amount $750.38 | Change Rate +0.048852% | Assessed CR | Tax Rate +0.022333% |
| Year 2022 | Assessed Value $33,599 | Land Value $373 | Improvement Value $33,226 | Tax Amount $715.43 | Change Rate +0.034546% | Assessed CR | Tax Rate +0.021293% |
| Year 2021 | Assessed Value $31,669 | Land Value $351 | Improvement Value $31,318 | Tax Amount $691.54 | Change Rate +0.052861% | Assessed CR | Tax Rate +0.021836% |
| Year 2020 | Assessed Value $30,747 | Land Value $341 | Improvement Value $30,406 | Tax Amount $656.82 | Change Rate +0.053086% | Assessed CR | Tax Rate +0.021362% |
| Year 2019 | Assessed Value $29,851 | Land Value $331 | Improvement Value $29,520 | Tax Amount $623.71 | Change Rate -0.268495% | Assessed CR | Tax Rate +0.020894% |
| Year 2018 | Assessed Value $28,981 | Land Value $321 | Improvement Value $28,660 | Tax Amount $852.64 | Change Rate +0.030717% | Assessed CR | Tax Rate +0.029421% |
| Year 2017 | Assessed Value $84,411 | Land Value $936 | Improvement Value $83,475 | Tax Amount $827.23 | Change Rate | Assessed CR | Tax Rate +0.0098% |
| Year 2016 | Assessed Value $81,954 | Land Value $909 | Improvement Value $81,045 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $79,566 | Land Value $882 | Improvement Value $78,684 | Tax Amount $547.97 | Change Rate | Assessed CR | Tax Rate +0.006887% |
| Year 2014 | Assessed Value $77,247 | Land Value $855 | Improvement Value $76,392 | Tax Amount | Change Rate | Assessed CR | Tax Rate |