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508 S 8th St; Hobbs, NM Property Details

508 S 8th St, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 508 S 8th St is 7,841 square feet.

Off market
508 S 8th St Hobbs, NM 88240
$4,259 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $158,000 / 100%
  • APN: 4 000 116 990 001
  • Situs County: Lea

Measurements

  • Lot: 7,841/SqFt

Legal Description

  • Description: SELMAN SUB-DIV PART OF TR #5-AKA #14 CARTER CONSTR CO LOTS- DESC AS BEG 620 N & 118 E OF SW COR TR #5,TH N 62, E 125.5, S 62,
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: 32.696266 / -103.11842
  • Subdivision: Selman Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 6925

Ownership Info

508 S 8th St has no associated ownership info
508 S 8th St has no associated ownership info.

Taxes

508 S 8th St has 10 associated Taxes items

508 S 8th 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 $4,259. The APN we've located for 508 S 8th St is 4 000 116 990 001.

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Taxes
  • Assessed Value:  $4,259
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 116 990 001
  • Assessed Land Value:  342
  • Market Land Value:  1026
  • Tax Amount:  114.95
  • Tax Year:  2025
  • Market Value:  12777
  • Market Year:  2025

Tax History

508 S 8th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,259 Land Value $342 Improvement Value $3,917 Tax Amount $114.95 Change Rate +0.017167% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $4,135 Land Value $332 Improvement Value $3,803 Tax Amount $113.01 Change Rate +0.016368% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $4,014 Land Value $322 Improvement Value $3,692 Tax Amount $111.19 Change Rate +0.043254% Assessed CR Tax Rate +0.027701%
Year 2022 Assessed Value $4,014 Land Value $322 Improvement Value $3,692 Tax Amount $106.58 Change Rate +0.032352% Assessed CR Tax Rate +0.026552%
Year 2021 Assessed Value $3,784 Land Value $304 Improvement Value $3,480 Tax Amount $103.24 Change Rate +0.04568% Assessed CR Tax Rate +0.027283%
Year 2020 Assessed Value $3,674 Land Value $295 Improvement Value $3,379 Tax Amount $98.73 Change Rate +0.0482% Assessed CR Tax Rate +0.026873%
Year 2019 Assessed Value $3,567 Land Value $286 Improvement Value $3,281 Tax Amount $94.19 Change Rate -0.116996% Assessed CR Tax Rate +0.026406%
Year 2018 Assessed Value $3,463 Land Value $278 Improvement Value $3,185 Tax Amount $106.67 Change Rate +0.030031% Assessed CR Tax Rate +0.030803%
Year 2017 Assessed Value $10,086 Land Value $810 Improvement Value $9,276 Tax Amount $103.56 Change Rate Assessed CR Tax Rate +0.010268%
Year 2016 Assessed Value $9,792 Land Value $786 Improvement Value $9,006 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $9,507 Land Value $762 Improvement Value $8,745 Tax Amount $83.49 Change Rate Assessed CR Tax Rate +0.008782%
Year 2014 Assessed Value $9,231 Land Value $741 Improvement Value $8,490 Tax Amount Change Rate Assessed CR Tax Rate