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5120 N Grimes St; Hobbs, NM Property Details

5120 N Grimes St, Hobbs, NM is a Vacant Parcels W/ Imp.. This property is currently Financed and is not for sale. The lot size of 5120 N Grimes St is 56,628 square feet.

Off market
5120 N Grimes St Hobbs, NM 88242
$295,425 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $1,771,810
  • Open Loans / Balance: 1 / $1,214,575
  • Est. Equity / %: $327,425 / 21.23%
  • Inv. Liens: 1
  • APN: 4 901 123 124 841
  • Situs County: Lea
  • Length Of Ownership: 4 years, 5 months

Measurements

  • Lot: 56,628/SqFt

Legal Description

  • Description: LOVELADY-WOODFIN SUB-DIV UNIT 1 TRACT 2-A 1.30 AC LOC SW4 OF SEC 10 BEG AT A SET #4 REBAR WITH CAP STAMPED 21204 WHICH BEARS
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.75804 / -103.14425
  • Subdivision: Lovelady-Woodfin Sub-Div
  • Property Class: Residential

Ownership Info

5120 N Grimes St has no associated ownership info
5120 N Grimes St has no associated ownership info.

Taxes

5120 N Grimes St has 10 associated Taxes items

5120 N Grimes 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 $295,425. The APN we've located for 5120 N Grimes St is 4 901 123 124 841.

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Taxes
  • Assessed Value:  $295,425
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 901 123 124 841
  • Assessed Land Value:  4735
  • Market Land Value:  14205
  • Tax Amount:  10191.29
  • Tax Year:  2025
  • Market Value:  886275
  • Market Year:  2025

Tax History

5120 N Grimes St has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $295,425 Land Value $4,735 Improvement Value $290,690 Tax Amount $10,191.29 Change Rate -0.000261% Assessed CR Tax Rate +0.034497%
Year 2024 Assessed Value $295,425 Land Value $4,735 Improvement Value $290,690 Tax Amount $10,193.95 Change Rate +0.026284% Assessed CR Tax Rate +0.034506%
Year 2023 Assessed Value $287,834 Land Value $4,597 Improvement Value $283,237 Tax Amount $9,932.87 Change Rate +0.042081% Assessed CR Tax Rate +0.034509%
Year 2022 Assessed Value $287,834 Land Value $4,597 Improvement Value $283,237 Tax Amount $9,531.76 Change Rate +63.464764% Assessed CR Tax Rate +0.033115%
Year 2021 Assessed Value $4,333 Land Value $4,333 Improvement Value Tax Amount $147.86 Change Rate Assessed CR Tax Rate +0.034124%