Taxes
- Assessed Value: $38,896
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 433 100 001
- Assessed Land Value: 3924
- Market Land Value: 11772
- Tax Amount: 854.32
- Tax Year: 2025
- Market Value: 116688
- Market Year: 2025
506 W Sockwell St; Hobbs, NM Property Details
Off market
506 W Sockwell St Hobbs, NM 88242
$38,896 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Open Loans / Balance: 1 / $128,672
- Est. Equity / %: $140,328 / 52.17%
- Inv. Liens: 1
- APN: 4 000 433 100 001
- Situs County: Lea
- Length Of Ownership: 2 years, 9 months
Measurements
- Lot: 43,560/SqFt
Legal Description
- Description: SOCKWELL SUB-DIV UNIT 1 BLOCK 3 LOT 3A 041-10016179 PHOTO AVAILABLE 2008-REDESC PRT FR #41380 51117 REEL INVESTMENTS LLC 9282
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: 32.756348 / -103.14114
- Subdivision: Sockwell Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 9737
Ownership Info
506 W Sockwell St has no associated ownership info
506 W Sockwell St has no associated ownership info.
Taxes
506 W Sockwell St has 10 associated Taxes items
506 W Sockwell 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 $38,896. The APN we've located for 506 W Sockwell St is 4 000 433 100 001.
Unlock the full reportTax History
506 W Sockwell 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 $38,896 | Land Value $3,924 | Improvement Value $34,972 | Tax Amount $854.32 | Change Rate +0.019305% | Assessed CR | Tax Rate +0.021964% |
| Year 2024 | Assessed Value $37,763 | Land Value $3,810 | Improvement Value $33,953 | Tax Amount $838.14 | Change Rate +0.055791% | Assessed CR | Tax Rate +0.022195% |
| Year 2023 | Assessed Value $35,430 | Land Value $2,466 | Improvement Value $32,964 | Tax Amount $793.85 | Change Rate +0.048693% | Assessed CR | Tax Rate +0.022406% |
| Year 2022 | Assessed Value $35,430 | Land Value $2,466 | Improvement Value $32,964 | Tax Amount $756.99 | Change Rate +0.03445% | Assessed CR | Tax Rate +0.021366% |
| Year 2021 | Assessed Value $33,396 | Land Value $2,324 | Improvement Value $31,072 | Tax Amount $731.78 | Change Rate +0.052754% | Assessed CR | Tax Rate +0.021912% |
| Year 2020 | Assessed Value $32,423 | Land Value $2,256 | Improvement Value $30,167 | Tax Amount $695.11 | Change Rate +0.052942% | Assessed CR | Tax Rate +0.021439% |
| Year 2019 | Assessed Value $31,478 | Land Value $2,190 | Improvement Value $29,288 | Tax Amount $660.16 | Change Rate -0.280942% | Assessed CR | Tax Rate +0.020972% |
| Year 2018 | Assessed Value $30,561 | Land Value $2,126 | Improvement Value $28,435 | Tax Amount $918.09 | Change Rate +0.03067% | Assessed CR | Tax Rate +0.030041% |
| Year 2017 | Assessed Value $89,013 | Land Value $6,192 | Improvement Value $82,821 | Tax Amount $890.77 | Change Rate +0.338538% | Assessed CR | Tax Rate +0.010007% |
| Year 2016 | Assessed Value $86,421 | Land Value $6,012 | Improvement Value $80,409 | Tax Amount $665.48 | Change Rate +0.146806% | Assessed CR | Tax Rate +0.0077% |
| Year 2015 | Assessed Value $83,904 | Land Value $5,838 | Improvement Value $78,066 | Tax Amount $580.29 | Change Rate +0.086096% | Assessed CR | Tax Rate +0.006916% |
| Year 2014 | Assessed Value $81,459 | Land Value $5,667 | Improvement Value $75,792 | Tax Amount $534.29 | Change Rate | Assessed CR | Tax Rate +0.006559% |