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515 W Martin St; Hobbs, NM Property Details

515 W Martin St, Hobbs, NM is a Single Family that was built in 2020. This property is currently Financed and is not for sale. Our records show that 515 W Martin St has 3 bedrooms, and a total of 2,037 square feet. The lot size of 515 W Martin St is 41,704 square feet.

Off market
515 W Martin St Hobbs, NM 88242
$364,500 Listing Price
3 Beds
2,037 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Purchase Price: $432,800
  • Open Loans / Balance: 1 / $305,435
  • Est. Equity / %: $121,565 / 28.47%
  • APN: 4 000 759 930 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3

Measurements

  • Total: 2,037/SqFt
  • Lot: 41,704/SqFt
  • Price Per Square Foot: $212.47

Legal Description

  • Description: KNOWLES SUB-DIV UNIT 2 BLOCK 7 LOT 1 2 41420 ERWIN, FAYE 41420 ERWIN, ETTA FAY MONK PHOTO 12820 3521 BERRY & GOMEZ LLC
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: 32.765896 / -103.14162
  • Subdivision: Knowles Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9443

Ownership Info

515 W Martin St has no associated ownership info
515 W Martin St has no associated ownership info.

Taxes

515 W Martin St has 10 associated Taxes items

515 W Martin 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 $118,568. The APN we've located for 515 W Martin St is 4 000 759 930 001.

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Taxes
  • Assessed Value:  $118,568
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 759 930 001
  • Assessed Land Value:  10000
  • Market Land Value:  30000
  • Tax Amount:  2745.44
  • Tax Year:  2025
  • Market Value:  355704
  • Market Year:  2025

Tax History

515 W Martin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $118,568 Land Value $10,000 Improvement Value $108,568 Tax Amount $2,745.44 Change Rate -0.011987% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $118,568 Land Value $10,000 Improvement Value $108,568 Tax Amount $2,778.75 Change Rate -0.013095% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $118,568 Land Value $10,000 Improvement Value $108,568 Tax Amount $2,815.62 Change Rate +0.016341% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $118,568 Land Value $10,000 Improvement Value $108,568 Tax Amount $2,770.35 Change Rate +0.300499% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $91,394 Land Value $10,000 Improvement Value $81,394 Tax Amount $2,130.22 Change Rate +39.436977% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $1,883 Land Value $1,883 Improvement Value Tax Amount $52.68 Change Rate +0.047733% Assessed CR Tax Rate +0.027977%
Year 2019 Assessed Value $1,828 Land Value $1,828 Improvement Value Tax Amount $50.28 Change Rate -0.291831% Assessed CR Tax Rate +0.027505%
Year 2018 Assessed Value $1,775 Land Value $1,775 Improvement Value Tax Amount $71 Change Rate +0.03018% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $5,169 Land Value $5,169 Improvement Value Tax Amount $68.92 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $5,169 Land Value $5,169 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $5,169 Land Value $5,169 Improvement Value Tax Amount $47.28 Change Rate Assessed CR Tax Rate +0.009147%
Year 2014 Assessed Value $5,169 Land Value $5,169 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate