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5206 N Grimes St; Hobbs, NM Property Details

5206 N Grimes St, Hobbs, NM is a Single Family that was built in 1991. This property is currently Financed and is for sale. Our records show that 5206 N Grimes St has a total of 2,226 square feet. The lot size of 5206 N Grimes St is 51,401 square feet.

On Market for 154 days
5206 N Grimes St Hobbs, NM 88242
$2,500,000 Listing Price
2,226 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $368,400
  • Est. Equity / %: $305,000 / 100%
  • Inv. Liens: 2
  • APN: 4 000 769 700 001
  • Situs County: Lea
  • Length Of Ownership: 8 years, 3 months

Measurements

  • Total: 2,226/SqFt
  • Lot: 51,401/SqFt
  • Price Per Square Foot: $165.50

Legal Description

  • Description: SECTION-10 TOWNSHIP-18S RANGE-38E 1.18 AC IN NW4SW4 TR BEG S0D1W 966.15 FROM W4 COR SEC 10, TH S89D5022E 288.71,S0D1W 178.71,
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: 32.759148 / -103.144356
  • Property Class: Residential

Amenities

  • Plus Four: 9733

Ownership Info

5206 N Grimes St has no associated ownership info
5206 N Grimes St has no associated ownership info.

Taxes

5206 N Grimes St has 10 associated Taxes items

5206 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 $157,025. The APN we've located for 5206 N Grimes St is 4 000 769 700 001.

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Taxes
  • Assessed Value:  $157,025
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 769 700 001
  • Assessed Land Value:  47889
  • Market Land Value:  47889
  • Tax Amount:  3244.79
  • Tax Year:  2025
  • Market Value:  375297
  • Market Year:  2025

Tax History

5206 N Grimes St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $157,025 Land Value $47,889 Improvement Value $109,136 Tax Amount $3,244.79 Change Rate +0.00793% Assessed CR Tax Rate +0.020664%
Year 2024 Assessed Value $154,846 Land Value $47,457 Improvement Value $107,389 Tax Amount $3,219.26 Change Rate +0.029001% Assessed CR Tax Rate +0.02079%
Year 2023 Assessed Value $149,778 Land Value $46,077 Improvement Value $103,701 Tax Amount $3,128.53 Change Rate +0.027962% Assessed CR Tax Rate +0.020888%
Year 2022 Assessed Value $149,778 Land Value $46,077 Improvement Value $103,701 Tax Amount $3,043.43 Change Rate +0.00375% Assessed CR Tax Rate +0.02032%
Year 2021 Assessed Value $146,896 Land Value $44,235 Improvement Value $102,661 Tax Amount $3,032.06 Change Rate +0.02358% Assessed CR Tax Rate +0.020641%
Year 2020 Assessed Value $146,017 Land Value $43,356 Improvement Value $102,661 Tax Amount $2,962.21 Change Rate +0.031177% Assessed CR Tax Rate +0.020287%
Year 2019 Assessed Value $115,818 Land Value $14,167 Improvement Value $101,651 Tax Amount $2,872.65 Change Rate +0.398271% Assessed CR Tax Rate +0.024803%
Year 2018 Assessed Value $68,481 Land Value $6,638 Improvement Value $61,843 Tax Amount $2,054.43 Change Rate +0.027302% Assessed CR Tax Rate +0.03%
Year 2017 Assessed Value $199,983 Land Value $19,335 Improvement Value $180,648 Tax Amount $1,999.83 Change Rate Assessed CR Tax Rate +0.01%
Year 2016 Assessed Value $196,734 Land Value $19,134 Improvement Value $177,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $193,629 Land Value $18,987 Improvement Value $174,642 Tax Amount $1,595.28 Change Rate Assessed CR Tax Rate +0.008239%