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507 W Millen Dr; Hobbs, NM Property Details

507 W Millen Dr, Hobbs, NM is a Single Family that was built in 1991. This property is currently Financed and is not for sale. Our records show that 507 W Millen Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,719 square feet. The lot size of 507 W Millen Dr is 42,261 square feet.

Off market  •   Pre Probate ✓
507 W Millen Dr Hobbs, NM 88242
$227,500 Listing Price
3 Beds
2 Baths
1,719 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1991
  • Purchase Price: $225,611
  • Open Loans / Balance: 1 / $202,711
  • Est. Equity / %: $75,289 / 27.08%
  • Inv. Liens: 1
  • APN: 4 000 766 560 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,719/SqFt
  • Lot: 42,261/SqFt
  • Price Per Square Foot: $131.25

Legal Description

  • Description: SHAW SUB-DIV LOT 23 8791 JOHNSON, JOHN A ETUX 91102 TORREZ, MITCHELL G 121412 TORREZ, MITCHELL G ETUX 72821 PROBATE FOR MITCH
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: 32.754524 / -103.14191
  • Subdivision: Shaw Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9449

Ownership Info

507 W Millen Dr has no associated ownership info
507 W Millen Dr has no associated ownership info.

Taxes

507 W Millen Dr has 10 associated Taxes items

507 W Millen 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 $67,307. The APN we've located for 507 W Millen Dr is 4 000 766 560 001.

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Taxes
  • Assessed Value:  $67,307
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 766 560 001
  • Assessed Land Value:  7583
  • Market Land Value:  22749
  • Tax Amount:  1558.5
  • Tax Year:  2025
  • Market Value:  201921
  • Market Year:  2025

Tax History

507 W Millen Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $67,307 Land Value $7,583 Improvement Value $59,724 Tax Amount $1,558.5 Change Rate -0.011994% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $67,307 Land Value $7,583 Improvement Value $59,724 Tax Amount $1,577.42 Change Rate -0.013082% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $67,307 Land Value $7,583 Improvement Value $59,724 Tax Amount $1,598.33 Change Rate +0.753112% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $67,307 Land Value $7,583 Improvement Value $59,724 Tax Amount $911.71 Change Rate +0.090054% Assessed CR Tax Rate +0.013546%
Year 2021 Assessed Value $37,884 Land Value $1,870 Improvement Value $36,014 Tax Amount $836.39 Change Rate +0.0525% Assessed CR Tax Rate +0.022078%
Year 2020 Assessed Value $36,781 Land Value $1,816 Improvement Value $34,965 Tax Amount $794.67 Change Rate +0.052627% Assessed CR Tax Rate +0.021605%
Year 2019 Assessed Value $35,710 Land Value $1,763 Improvement Value $33,947 Tax Amount $754.94 Change Rate -0.272151% Assessed CR Tax Rate +0.021141%
Year 2018 Assessed Value $34,670 Land Value $1,712 Improvement Value $32,958 Tax Amount $1,037.22 Change Rate +0.030604% Assessed CR Tax Rate +0.029917%
Year 2017 Assessed Value $100,980 Land Value $4,986 Improvement Value $95,994 Tax Amount $1,006.42 Change Rate Assessed CR Tax Rate +0.009967%
Year 2016 Assessed Value $98,040 Land Value $4,842 Improvement Value $93,198 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $95,184 Land Value $4,701 Improvement Value $90,483 Tax Amount $664.3 Change Rate Assessed CR Tax Rate +0.006979%
Year 2014 Assessed Value $92,412 Land Value $4,563 Improvement Value $87,849 Tax Amount Change Rate Assessed CR Tax Rate