Large Location Icon

512 N Burk St; Hobbs, NM Property Details

512 N Burk St, Hobbs, NM is a Single Family that was built in 2015. This property is currently Financed and is not for sale. The lot size of 512 N Burk St is 45,004 square feet.

Off market
512 N Burk St Hobbs, NM 88240
$206,500 Listing Price
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $12,187,500
  • Open Loans / Balance: 1 / $6,570,191
  • Est. Equity / %: $-6,226,191 / -1,809.94%
  • APN: 4 920 409 162 056
  • Situs County: Lea
  • Length Of Ownership: 13 years, 6 months

Measurements

  • Lot: 45,004/SqFt

Legal Description

  • Description: GRIMES ADD BLOCK 6 LOT 19 20 21 22 23 LOT 24 25 26 27 28 LOT 29 30 31
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: 32.70666 / -103.14573
  • Subdivision: Grimes Add
  • Property Class: Residential

Ownership Info

512 N Burk St has no associated ownership info
512 N Burk St has no associated ownership info.

Taxes

512 N Burk St has 10 associated Taxes items

512 N Burk 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 $82,225. The APN we've located for 512 N Burk St is 4 920 409 162 056.

Unlock the full report
Taxes
  • Assessed Value:  $82,225
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 920 409 162 056
  • Assessed Land Value:  7174
  • Market Land Value:  21522
  • Tax Amount:  2836.53
  • Tax Year:  2025
  • Market Value:  246675
  • Market Year:  2025

Tax History

512 N Burk St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,225 Land Value $7,174 Improvement Value $75,051 Tax Amount $2,836.53 Change Rate -0.000261% Assessed CR Tax Rate +0.034497%
Year 2024 Assessed Value $82,225 Land Value $7,174 Improvement Value $75,051 Tax Amount $2,837.27 Change Rate +0.146316% Assessed CR Tax Rate +0.034506%
Year 2023 Assessed Value $71,724 Land Value $6,965 Improvement Value $64,759 Tax Amount $2,475.12 Change Rate +0.042077% Assessed CR Tax Rate +0.034509%
Year 2022 Assessed Value $71,724 Land Value $6,965 Improvement Value $64,759 Tax Amount $2,375.18 Change Rate +0.035948% Assessed CR Tax Rate +0.033116%
Year 2021 Assessed Value $67,191 Land Value $6,565 Improvement Value $60,626 Tax Amount $2,292.76 Change Rate +0.020678% Assessed CR Tax Rate +0.034123%
Year 2020 Assessed Value $67,000 Land Value $6,374 Improvement Value $60,626 Tax Amount $2,246.31 Change Rate +0.04462% Assessed CR Tax Rate +0.033527%
Year 2019 Assessed Value $65,048 Land Value $6,188 Improvement Value $58,860 Tax Amount $2,150.36 Change Rate -0.148615% Assessed CR Tax Rate +0.033058%
Year 2018 Assessed Value $63,143 Land Value $6,008 Improvement Value $57,135 Tax Amount $2,525.72 Change Rate +0.002779% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $188,904 Land Value $17,499 Improvement Value $171,405 Tax Amount $2,518.72 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $105,210 Land Value $6,498 Improvement Value $98,712 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $105,210 Land Value $6,498 Improvement Value $98,712 Tax Amount $1,157.17 Change Rate Assessed CR Tax Rate +0.010999%
Year 2014 Assessed Value $103,860 Land Value $6,498 Improvement Value $97,362 Tax Amount Change Rate Assessed CR Tax Rate