Large Location Icon

720 E Gamblin St; Hobbs, NM Property Details

720 E Gamblin St, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 720 E Gamblin St is 130,680 square feet.

Off market  •   Pre Probate ✓
720 E Gamblin St Hobbs, NM 88240
$69,359 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $138,972
  • Est. Equity / %: $345,028 / 71.29%
  • APN: 4 000 423 620 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 6 months

Measurements

  • Lot: 130,680/SqFt

Legal Description

  • Description: SECTION-15 TOWNSHIP-18S RANGE-38E 3.00 AC LOC NE4 TRACT 2 BEG AT THE NORTHEAST CORNER OF THE HEREIN DESCRIBED TRACT, WHICH LI
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.753338 / -103.12922
  • Subdivision: S15t18sr38e Nmpm
  • Property Class: Residential

Amenities

  • Plus Four: 9417

Ownership Info

720 E Gamblin St has no associated ownership info
720 E Gamblin St has no associated ownership info.

Taxes

720 E Gamblin St has 10 associated Taxes items

720 E Gamblin 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 $69,359. The APN we've located for 720 E Gamblin St is 4 000 423 620 001.

Unlock the full report
Taxes
  • Assessed Value:  $69,359
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 423 620 001
  • Assessed Land Value:  14682
  • Market Land Value:  44046
  • Tax Amount:  1606.02
  • Tax Year:  2025
  • Market Value:  208077
  • Market Year:  2025

Tax History

720 E Gamblin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,359 Land Value $14,682 Improvement Value $54,677 Tax Amount $1,606.02 Change Rate +0.196389% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $57,279 Land Value $5,673 Improvement Value $51,606 Tax Amount $1,342.39 Change Rate -0.010249% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $57,114 Land Value $5,508 Improvement Value $51,606 Tax Amount $1,356.29 Change Rate +0.019208% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $57,114 Land Value $5,508 Improvement Value $51,606 Tax Amount $1,330.73 Change Rate +0.005197% Assessed CR Tax Rate +0.0233%
Year 2021 Assessed Value $56,798 Land Value $5,192 Improvement Value $51,606 Tax Amount $1,323.85 Change Rate +0.022855% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $56,647 Land Value $5,041 Improvement Value $51,606 Tax Amount $1,294.27 Change Rate +8.607824% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $6,015 Land Value $4,894 Improvement Value $1,121 Tax Amount $134.71 Change Rate -0.395051% Assessed CR Tax Rate +0.022396%
Year 2018 Assessed Value $5,839 Land Value $4,751 Improvement Value $1,088 Tax Amount $222.68 Change Rate +0.029972% Assessed CR Tax Rate +0.038137%
Year 2017 Assessed Value $17,007 Land Value $13,839 Improvement Value $3,168 Tax Amount $216.2 Change Rate Assessed CR Tax Rate +0.012712%
Year 2016 Assessed Value $16,512 Land Value $13,437 Improvement Value $3,075 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $16,032 Land Value $13,047 Improvement Value $2,985 Tax Amount $119.42 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $15,564 Land Value $12,666 Improvement Value $2,898 Tax Amount Change Rate Assessed CR Tax Rate