Taxes
- Assessed Value: $29,467
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 019 800 001
- Assessed Land Value: 2063
- Market Land Value: 6189
- Tax Amount: 795.29
- Tax Year: 2025
- Market Value: 88401
- Market Year: 2025
507 W Castle Ave; Hobbs, NM Property Details
Off market
507 W Castle Ave Hobbs, NM 88240
$850,000 Listing Price
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $5,473,000
- Open Loans / Balance: 1 / $3,651,538
- Est. Equity / %: $-3,557,538 / -3,784.61%
- APN: 4 000 019 800 001
- Situs County: Lea
- Length Of Ownership: 13 years, 9 months
Measurements
- Lot: 12,426/SqFt
Legal Description
- Description: SOUTHVIEW ADD BLOCK 1 LOT 2 PHOTO 3222023 9612-PRITCHARD, TIMOTHY & SUSAN
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: 32.68383 / -103.14173
- Subdivision: Southview Add
- Property Class: Residential
Amenities
- Plus Four: 7609
Ownership Info
507 W Castle Ave has no associated ownership info
507 W Castle Ave has no associated ownership info.
Taxes
507 W Castle Ave has 10 associated Taxes items
507 W Castle Ave, 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 $29,467. The APN we've located for 507 W Castle Ave is 4 000 019 800 001.
Unlock the full reportTax History
507 W Castle Ave 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 $29,467 | Land Value $2,063 | Improvement Value $27,404 | Tax Amount $795.29 | Change Rate +0.017151% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $28,609 | Land Value $2,003 | Improvement Value $26,606 | Tax Amount $781.88 | Change Rate +0.671898% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $16,881 | Land Value $1,945 | Improvement Value $14,936 | Tax Amount $467.66 | Change Rate +0.043255% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $16,881 | Land Value $1,945 | Improvement Value $14,936 | Tax Amount $448.27 | Change Rate +0.032666% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $15,912 | Land Value $1,833 | Improvement Value $14,079 | Tax Amount $434.09 | Change Rate +0.015296% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $15,912 | Land Value $1,833 | Improvement Value $14,079 | Tax Amount $427.55 | Change Rate +0.017467% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $15,912 | Land Value $1,833 | Improvement Value $14,079 | Tax Amount $420.21 | Change Rate -0.152273% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $15,912 | Land Value $1,833 | Improvement Value $14,079 | Tax Amount $495.69 | Change Rate | Assessed CR | Tax Rate +0.031152% |
| Year 2017 | Assessed Value $47,736 | Land Value $5,499 | Improvement Value $42,237 | Tax Amount $495.69 | Change Rate | Assessed CR | Tax Rate +0.010384% |
| Year 2016 | Assessed Value $47,736 | Land Value $5,499 | Improvement Value $42,237 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $47,736 | Land Value $5,499 | Improvement Value $42,237 | Tax Amount $419.13 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $47,736 | Land Value $5,499 | Improvement Value $42,237 | Tax Amount | Change Rate | Assessed CR | Tax Rate |