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507 W Scharbauer St; Hobbs, NM Property Details

507 W Scharbauer St, Hobbs, NM is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 507 W Scharbauer St has 2 bedrooms, and a total of 800 square feet. The lot size of 507 W Scharbauer St is 6,426 square feet.

Off market  •   Pre Probate ✓
507 W Scharbauer St Hobbs, NM 88240
$56,000 Listing Price
2 Beds
800 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Est. Equity / %: $84,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 123 570 001
  • Situs County: Lea
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 800/SqFt
  • Lot: 6,426/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 143 LOT 4 E 84 OF LOT 5 0301-CUNNINGHAM M H 2805-VILLAR MINISTRIES 122812-CUNNINGHAM, EDNA E PHOTO 02
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: 32.707855 / -103.14172
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5135

Ownership Info

507 W Scharbauer St has no associated ownership info
507 W Scharbauer St has no associated ownership info.

Taxes

507 W Scharbauer St has 10 associated Taxes items

507 W Scharbauer 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 $8,546. The APN we've located for 507 W Scharbauer St is 4 000 123 570 001.

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Taxes
  • Assessed Value:  $8,546
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 123 570 001
  • Assessed Land Value:  938
  • Market Land Value:  2814
  • Tax Amount:  230.66
  • Tax Year:  2025
  • Market Value:  25638
  • Market Year:  2025

Tax History

507 W Scharbauer St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $8,546 Land Value $938 Improvement Value $7,608 Tax Amount $230.66 Change Rate +0.017199% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $8,297 Land Value $911 Improvement Value $7,386 Tax Amount $226.76 Change Rate +0.016223% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $8,055 Land Value $884 Improvement Value $7,171 Tax Amount $223.14 Change Rate +0.043247% Assessed CR Tax Rate +0.027702%
Year 2022 Assessed Value $8,055 Land Value $884 Improvement Value $7,171 Tax Amount $213.89 Change Rate +0.032686% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $7,592 Land Value $833 Improvement Value $6,759 Tax Amount $207.12 Change Rate +0.015195% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $7,592 Land Value $833 Improvement Value $6,759 Tax Amount $204.02 Change Rate +0.017556% Assessed CR Tax Rate +0.026873%
Year 2019 Assessed Value $7,592 Land Value $833 Improvement Value $6,759 Tax Amount $200.5 Change Rate -0.150748% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $7,592 Land Value $833 Improvement Value $6,759 Tax Amount $236.09 Change Rate Assessed CR Tax Rate +0.031097%
Year 2017 Assessed Value $22,776 Land Value $2,499 Improvement Value $20,277 Tax Amount $236.09 Change Rate Assessed CR Tax Rate +0.010366%
Year 2016 Assessed Value $22,776 Land Value $2,499 Improvement Value $20,277 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $22,776 Land Value $2,499 Improvement Value $20,277 Tax Amount $199.97 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $22,776 Land Value $2,499 Improvement Value $20,277 Tax Amount Change Rate Assessed CR Tax Rate