Taxes
- Assessed Value: $20,259
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 775 510 001
- Assessed Land Value: 1438
- Market Land Value: 4314
- Tax Amount: 469.1
- Tax Year: 2025
- Market Value: 60777
- Market Year: 2025
508 W Frey Ave; Hobbs, NM Property Details
Off market
508 W Frey Ave Hobbs, NM 88242
$20,259 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1989
- Purchase Price: $95,000
- Open Loans / Balance: 1 / $94,082
- Est. Equity / %: $111,918 / 54.33%
- Inv. Liens: 1
- APN: 4 000 775 510 001
- Situs County: Lea
- Length Of Ownership: 4 years, 4 months
Measurements
- Lot: 20,188/SqFt
Legal Description
- Description: KNOWLES SUB-DIV UNIT 1 BLOCK 1 LOT 8 2690 NEW MEXICO MORTGAGE FINANCE AUTHORITY 111703 HOLLEMBEAK, KURT 22822 HOLLEMBEAK, KUR
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: 32.77134 / -103.14215
- Subdivision: Knowles Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8041
Ownership Info
508 W Frey Ave has no associated ownership info
508 W Frey Ave has no associated ownership info.
Taxes
508 W Frey Ave has 10 associated Taxes items
508 W Frey 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 $20,259. The APN we've located for 508 W Frey Ave is 4 000 775 510 001.
Unlock the full reportTax History
508 W Frey 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 $20,259 | Land Value $1,438 | Improvement Value $18,821 | Tax Amount $469.1 | Change Rate +0.017659% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $19,669 | Land Value $1,396 | Improvement Value $18,273 | Tax Amount $460.96 | Change Rate +0.016539% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $19,096 | Land Value $1,355 | Improvement Value $17,741 | Tax Amount $453.46 | Change Rate +0.046817% | Assessed CR | Tax Rate +0.023746% |
| Year 2022 | Assessed Value $19,096 | Land Value $1,355 | Improvement Value $17,741 | Tax Amount $433.18 | Change Rate +0.032512% | Assessed CR | Tax Rate +0.022684% |
| Year 2021 | Assessed Value $18,000 | Land Value $1,278 | Improvement Value $16,722 | Tax Amount $419.54 | Change Rate +0.050715% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $17,476 | Land Value $1,241 | Improvement Value $16,235 | Tax Amount $399.29 | Change Rate +0.050818% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $16,967 | Land Value $1,205 | Improvement Value $15,762 | Tax Amount $379.98 | Change Rate -0.248888% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $16,473 | Land Value $1,170 | Improvement Value $15,303 | Tax Amount $505.89 | Change Rate +0.030011% | Assessed CR | Tax Rate +0.03071% |
| Year 2017 | Assessed Value $47,979 | Land Value $3,408 | Improvement Value $44,571 | Tax Amount $491.15 | Change Rate | Assessed CR | Tax Rate +0.010237% |
| Year 2016 | Assessed Value $46,581 | Land Value $3,309 | Improvement Value $43,272 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $45,225 | Land Value $3,213 | Improvement Value $42,012 | Tax Amount $336.86 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $43,908 | Land Value $3,120 | Improvement Value $40,788 | Tax Amount | Change Rate | Assessed CR | Tax Rate |