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707 W Frey Ave; Hobbs, NM Property Details

707 W Frey Ave, Hobbs, NM is a Single Family. This property is currently Cash Purchase,Bank Sale and is not for sale. The lot size of 707 W Frey Ave is 20,502 square feet.

Off market
707 W Frey Ave Hobbs, NM 88242
$39,934 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $259,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 420 700 001
  • Situs County: Lea
  • Length Of Ownership: 9 years, 4 months

Measurements

  • Lot: 20,502/SqFt

Legal Description

  • Description: KNOWLES SUB-DIV UNIT 1 BLOCK 4 LOT 3 0404-02-CONTRACT 12006-WESTERN UNITED LIFE ASSUR 102706-SNGC LLC 102706-BK 1476 PG 644 P
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: 32.77075 / -103.14385
  • Subdivision: Knowles Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8085

Ownership Info

707 W Frey Ave has no associated ownership info
707 W Frey Ave has no associated ownership info.

Taxes

707 W Frey Ave has 10 associated Taxes items

707 W Frey Ave, 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 $39,934. The APN we've located for 707 W Frey Ave is 4 000 420 700 001.

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Taxes
  • Assessed Value:  $39,934
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 420 700 001
  • Assessed Land Value:  1491
  • Market Land Value:  4473
  • Tax Amount:  924.67
  • Tax Year:  2025
  • Market Value:  119802
  • Market Year:  2025

Tax History

707 W Frey Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,934 Land Value $1,491 Improvement Value $38,443 Tax Amount $924.67 Change Rate +0.017631% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $38,771 Land Value $1,448 Improvement Value $37,323 Tax Amount $908.65 Change Rate +0.016512% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $37,642 Land Value $1,406 Improvement Value $36,236 Tax Amount $893.89 Change Rate +0.046844% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $37,642 Land Value $1,406 Improvement Value $36,236 Tax Amount $853.89 Change Rate +0.03254% Assessed CR Tax Rate +0.022685%
Year 2021 Assessed Value $35,481 Land Value $1,325 Improvement Value $34,156 Tax Amount $826.98 Change Rate +0.050747% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $34,447 Land Value $1,286 Improvement Value $33,161 Tax Amount $787.04 Change Rate +0.050816% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $33,444 Land Value $1,249 Improvement Value $32,195 Tax Amount $748.98 Change Rate -0.240563% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $32,470 Land Value $1,213 Improvement Value $31,257 Tax Amount $986.23 Change Rate +0.029973% Assessed CR Tax Rate +0.030374%
Year 2017 Assessed Value $94,575 Land Value $3,534 Improvement Value $91,041 Tax Amount $957.53 Change Rate Assessed CR Tax Rate +0.010125%
Year 2016 Assessed Value $91,821 Land Value $3,432 Improvement Value $88,389 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $89,148 Land Value $3,333 Improvement Value $85,815 Tax Amount $664.03 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $86,553 Land Value $3,237 Improvement Value $83,316 Tax Amount Change Rate Assessed CR Tax Rate