Taxes
- Assessed Value: $37,325
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 769 270 001
- Assessed Land Value: 2574
- Market Land Value: 7722
- Tax Amount: 817.95
- Tax Year: 2025
- Market Value: 111975
- Market Year: 2025
507 W Illinois St; Hobbs, NM Property Details
Off market
507 W Illinois St Hobbs, NM 88242
$37,325 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Open Loans / Balance: 1 / $120,990
- Est. Equity / %: $136,010 / 52.92%
- APN: 4 000 769 270 001
- Situs County: Lea
Measurements
- Lot: 32,859/SqFt
Legal Description
- Description: CASITAS DEL NORTE SUB-DIV UNIT 1 LOT 6 93016 STARK, ANDERSON & RENEE PHOTO 5417
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: 32.78682 / -103.141685
- Subdivision: Casitas Del Norte Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 9647
Ownership Info
507 W Illinois St has no associated ownership info
507 W Illinois St has no associated ownership info.
Taxes
507 W Illinois St has 10 associated Taxes items
507 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 $37,325. The APN we've located for 507 W Illinois St is 4 000 769 270 001.
Unlock the full reportTax History
507 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 $37,325 | Land Value $2,574 | Improvement Value $34,751 | Tax Amount $817.95 | Change Rate +0.019392% | Assessed CR | Tax Rate +0.021914% |
| Year 2024 | Assessed Value $36,238 | Land Value $2,499 | Improvement Value $33,739 | Tax Amount $802.39 | Change Rate +0.0183% | Assessed CR | Tax Rate +0.022142% |
| Year 2023 | Assessed Value $35,182 | Land Value $2,426 | Improvement Value $32,756 | Tax Amount $787.97 | Change Rate +0.048753% | Assessed CR | Tax Rate +0.022397% |
| Year 2022 | Assessed Value $35,182 | Land Value $2,426 | Improvement Value $32,756 | Tax Amount $751.34 | Change Rate +0.034433% | Assessed CR | Tax Rate +0.021356% |
| Year 2021 | Assessed Value $33,162 | Land Value $2,286 | Improvement Value $30,876 | Tax Amount $726.33 | Change Rate +0.052789% | Assessed CR | Tax Rate +0.021902% |
| Year 2020 | Assessed Value $32,196 | Land Value $2,219 | Improvement Value $29,977 | Tax Amount $689.91 | Change Rate +0.052928% | Assessed CR | Tax Rate +0.021428% |
| Year 2019 | Assessed Value $31,258 | Land Value $2,154 | Improvement Value $29,104 | Tax Amount $655.23 | Change Rate -0.28101% | Assessed CR | Tax Rate +0.020962% |
| Year 2018 | Assessed Value $30,347 | Land Value $2,091 | Improvement Value $28,256 | Tax Amount $911.32 | Change Rate +0.030683% | Assessed CR | Tax Rate +0.03003% |
| Year 2017 | Assessed Value $88,389 | Land Value $6,090 | Improvement Value $82,299 | Tax Amount $884.19 | Change Rate | Assessed CR | Tax Rate +0.010003% |
| Year 2016 | Assessed Value $85,815 | Land Value $5,913 | Improvement Value $79,902 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $83,316 | Land Value $5,742 | Improvement Value $77,574 | Tax Amount $575.9 | Change Rate | Assessed CR | Tax Rate +0.006912% |
| Year 2014 | Assessed Value $80,889 | Land Value $5,574 | Improvement Value $75,315 | Tax Amount | Change Rate | Assessed CR | Tax Rate |