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516 E Scharbauer St; Hobbs, NM Property Details

516 E Scharbauer St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 516 E Scharbauer St is 6,816 square feet.

Off market
516 E Scharbauer St Hobbs, NM 88240
$26,891 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Est. Equity / %: $213,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 148 740 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 5 months

Measurements

  • Lot: 6,816/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 157 LOT 14 15 E 25 OF LOT 14, W 25 OF 15 92524 THOMPSON, E E & PJ TRUST
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: 32.708435 / -103.130424
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 8269

Ownership Info

516 E Scharbauer St has no associated ownership info
516 E Scharbauer St has no associated ownership info.

Taxes

516 E Scharbauer St has 10 associated Taxes items

516 E Scharbauer 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 $26,891. The APN we've located for 516 E Scharbauer St is 4 000 148 740 001.

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Taxes
  • Assessed Value:  $26,891
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 148 740 001
  • Assessed Land Value:  4120
  • Market Land Value:  12360
  • Tax Amount:  725.77
  • Tax Year:  2025
  • Market Value:  80673
  • Market Year:  2025

Tax History

516 E Scharbauer St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,891 Land Value $4,120 Improvement Value $22,771 Tax Amount $725.77 Change Rate +0.837765% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $14,450 Land Value $711 Improvement Value $13,739 Tax Amount $394.92 Change Rate +0.016107% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $14,029 Land Value $690 Improvement Value $13,339 Tax Amount $388.66 Change Rate +0.043355% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $14,029 Land Value $690 Improvement Value $13,339 Tax Amount $372.51 Change Rate +0.032627% Assessed CR Tax Rate +0.026553%
Year 2021 Assessed Value $13,223 Land Value $650 Improvement Value $12,573 Tax Amount $360.74 Change Rate +0.045714% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $12,838 Land Value $631 Improvement Value $12,207 Tax Amount $344.97 Change Rate +0.048% Assessed CR Tax Rate +0.026871%
Year 2019 Assessed Value $12,464 Land Value $613 Improvement Value $11,851 Tax Amount $329.17 Change Rate -0.107892% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $12,101 Land Value $595 Improvement Value $11,506 Tax Amount $368.98 Change Rate +0.029951% Assessed CR Tax Rate +0.030492%
Year 2017 Assessed Value $35,247 Land Value $1,734 Improvement Value $33,513 Tax Amount $358.25 Change Rate Assessed CR Tax Rate +0.010164%
Year 2016 Assessed Value $34,221 Land Value $1,683 Improvement Value $32,538 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $33,225 Land Value $1,635 Improvement Value $31,590 Tax Amount $291.71 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $32,256 Land Value $1,587 Improvement Value $30,669 Tax Amount Change Rate Assessed CR Tax Rate