Taxes
- Assessed Value: $42,656
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 424 130 001
- Assessed Land Value: 5000
- Market Land Value: 15000
- Tax Amount: 987.7
- Tax Year: 2025
- Market Value: 127968
- Market Year: 2025
5508 N Grimes St; Hobbs, NM Property Details
Off market
5508 N Grimes St Hobbs, NM 88242
$42,656 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Est. Equity / %: $218,000 / 100%
- APN: 4 000 424 130 001
- Situs County: Lea
Measurements
- Lot: 87,120/SqFt
Legal Description
- Description: SECTION-10 TOWNSHIP-18S RANGE-38E 2.00 AC LOC SW4NW4 TR BEG AT SW COR OF NW4 SEC 10, TH N 28.6 YDS, E 338.46 YDS, S 28.6 YDS,
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: 32.762177 / -103.14454
- Property Class: Residential
Amenities
- Plus Four: 9734
Ownership Info
5508 N Grimes St has no associated ownership info
5508 N Grimes St has no associated ownership info.
Taxes
5508 N Grimes St has 10 associated Taxes items
5508 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 $42,656. The APN we've located for 5508 N Grimes St is 4 000 424 130 001.
Unlock the full reportTax History
5508 N Grimes St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $42,656 | Land Value $5,000 | Improvement Value $37,656 | Tax Amount $987.7 | Change Rate -0.011984% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $42,656 | Land Value $5,000 | Improvement Value $37,656 | Tax Amount $999.68 | Change Rate -0.013091% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $42,656 | Land Value $5,000 | Improvement Value $37,656 | Tax Amount $1,012.94 | Change Rate +0.616411% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $42,656 | Land Value $5,000 | Improvement Value $37,656 | Tax Amount $626.66 | Change Rate +0.032508% | Assessed CR | Tax Rate +0.014691% |
| Year 2021 | Assessed Value $26,039 | Land Value $3,281 | Improvement Value $22,758 | Tax Amount $606.93 | Change Rate +0.050797% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $25,280 | Land Value $3,185 | Improvement Value $22,095 | Tax Amount $577.59 | Change Rate +0.050832% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $24,543 | Land Value $3,092 | Improvement Value $21,451 | Tax Amount $549.65 | Change Rate -0.262076% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $23,828 | Land Value $3,002 | Improvement Value $20,826 | Tax Amount $744.86 | Change Rate +0.029993% | Assessed CR | Tax Rate +0.03126% |
| Year 2017 | Assessed Value $69,402 | Land Value $8,745 | Improvement Value $60,657 | Tax Amount $723.17 | Change Rate | Assessed CR | Tax Rate +0.01042% |
| Year 2016 | Assessed Value $67,380 | Land Value $8,490 | Improvement Value $58,890 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $65,418 | Land Value $8,244 | Improvement Value $57,174 | Tax Amount $487.28 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $63,513 | Land Value $8,004 | Improvement Value $55,509 | Tax Amount | Change Rate | Assessed CR | Tax Rate |