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517 S Thorp St; Hobbs, NM Property Details

517 S Thorp St, Hobbs, NM is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 517 S Thorp St has 2 bedrooms, and a total of 1,136 square feet. The lot size of 517 S Thorp St is 5,241 square feet.

Off market
517 S Thorp St Hobbs, NM 88240
$76,500 Listing Price
2 Beds
1,136 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Purchase Price: $7,612,500
  • Open Loans / Balance: 1 / $5,192,604
  • Est. Equity / %: $-5,025,604 / -3,009.34%
  • APN: 4 000 022 680 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 1,136/SqFt
  • Lot: 5,241/SqFt
  • Price Per Square Foot: $6701.14

Legal Description

  • Description: NEW HOBBS ADD BLOCK 11 LOT 22 23 24 S2 OF LOTS 22, 23, 24 5608-ROSS, JOHNNY R PHOTO 608 4513-WYNN, DAVID W
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: 32.69577 / -103.14023
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 6533

HOA

  • H O A One Type: Home Owner Association

Ownership Info

517 S Thorp St has no associated ownership info
517 S Thorp St has no associated ownership info.

Taxes

517 S Thorp St has 10 associated Taxes items

517 S Thorp 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 $25,974. The APN we've located for 517 S Thorp St is 4 000 022 680 001.

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Taxes
  • Assessed Value:  $25,974
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 022 680 001
  • Assessed Land Value:  3001
  • Market Land Value:  9003
  • Tax Amount:  701.01
  • Tax Year:  2025
  • Market Value:  77922
  • Market Year:  2025

Tax History

517 S Thorp St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,974 Land Value $3,001 Improvement Value $22,973 Tax Amount $701.01 Change Rate +0.017121% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $25,218 Land Value $2,914 Improvement Value $22,304 Tax Amount $689.21 Change Rate +0.016099% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $24,483 Land Value $2,829 Improvement Value $21,654 Tax Amount $678.29 Change Rate +0.043314% Assessed CR Tax Rate +0.027705%
Year 2022 Assessed Value $24,483 Land Value $2,829 Improvement Value $21,654 Tax Amount $650.13 Change Rate +0.032608% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $23,078 Land Value $2,667 Improvement Value $20,411 Tax Amount $629.6 Change Rate +0.015287% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $23,078 Land Value $2,667 Improvement Value $20,411 Tax Amount $620.12 Change Rate +0.017474% Assessed CR Tax Rate +0.026871%
Year 2019 Assessed Value $23,078 Land Value $2,667 Improvement Value $20,411 Tax Amount $609.47 Change Rate -0.152348% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $23,078 Land Value $2,667 Improvement Value $20,411 Tax Amount $719.01 Change Rate Assessed CR Tax Rate +0.031156%
Year 2017 Assessed Value $69,234 Land Value $8,001 Improvement Value $61,233 Tax Amount $719.01 Change Rate +9.217564% Assessed CR Tax Rate +0.010385%
Year 2016 Assessed Value $69,234 Land Value $8,001 Improvement Value $61,233 Tax Amount $70.37 Change Rate +0.178727% Assessed CR Tax Rate +0.001016%
Year 2015 Assessed Value $69,234 Land Value $8,001 Improvement Value $61,233 Tax Amount $59.7 Change Rate +0.1534% Assessed CR Tax Rate +0.000862%
Year 2014 Assessed Value $69,234 Land Value $8,001 Improvement Value $61,233 Tax Amount $51.76 Change Rate Assessed CR Tax Rate +0.000748%