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724 S Grimes St; Hobbs, NM Property Details

724 S Grimes St, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 1980. This property is currently a cash purchase and is for sale. The lot size of 724 S Grimes St is 61,136 square feet.

On Market for 102 days
724 S Grimes St Hobbs, NM 88240
$295,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1980
  • Est. Equity / %: $526,000 / 100%
  • APN: 4 000 042 580 001
  • Situs County: Lea
  • Length Of Ownership: 9 years

Measurements

  • Lot: 61,136/SqFt

Legal Description

  • Description: NEW HOBBS ADD BLOCK A LOT 15 16 17 18 698-AGUILA OIL & CATTLE INC 4810-MIDWESTERN CONSTRUCTION &
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.692886 / -103.14442
  • Subdivision: New Hobbs Add
  • Property Class: Residential

Amenities

  • Plus Four: 7824

HOA

  • H O A One Type: Home Owner Association

Ownership Info

724 S Grimes St has no associated ownership info
724 S Grimes St has no associated ownership info.

Taxes

724 S Grimes St has 10 associated Taxes items

724 S 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 $61,747. The APN we've located for 724 S Grimes St is 4 000 042 580 001.

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Taxes
  • Assessed Value:  $61,747
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 042 580 001
  • Assessed Land Value:  47762
  • Market Land Value:  143286
  • Tax Amount:  2130.09
  • Tax Year:  2025
  • Market Value:  185241
  • Market Year:  2025

Tax History

724 S Grimes St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,747 Land Value $47,762 Improvement Value $13,985 Tax Amount $2,130.09 Change Rate -0.000258% Assessed CR Tax Rate +0.034497%
Year 2024 Assessed Value $61,747 Land Value $47,762 Improvement Value $13,985 Tax Amount $2,130.64 Change Rate +0.022959% Assessed CR Tax Rate +0.034506%
Year 2023 Assessed Value $60,356 Land Value $46,371 Improvement Value $13,985 Tax Amount $2,082.82 Change Rate +0.042077% Assessed CR Tax Rate +0.034509%
Year 2022 Assessed Value $60,356 Land Value $46,371 Improvement Value $13,985 Tax Amount $1,998.72 Change Rate +0.031629% Assessed CR Tax Rate +0.033116%
Year 2021 Assessed Value $56,778 Land Value $43,709 Improvement Value $13,069 Tax Amount $1,937.44 Change Rate +0.041119% Assessed CR Tax Rate +0.034123%
Year 2020 Assessed Value $55,505 Land Value $42,436 Improvement Value $13,069 Tax Amount $1,860.92 Change Rate +0.044621% Assessed CR Tax Rate +0.033527%
Year 2019 Assessed Value $53,888 Land Value $41,200 Improvement Value $12,688 Tax Amount $1,781.43 Change Rate +0.261136% Assessed CR Tax Rate +0.033058%
Year 2018 Assessed Value $35,314 Land Value $3,236 Improvement Value $32,078 Tax Amount $1,412.56 Change Rate +0.029983% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $102,858 Land Value $9,426 Improvement Value $93,432 Tax Amount $1,371.44 Change Rate +1.232161% Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $102,582 Land Value $9,150 Improvement Value $93,432 Tax Amount $614.4 Change Rate +0.144262% Assessed CR Tax Rate +0.005989%
Year 2015 Assessed Value $102,582 Land Value $9,150 Improvement Value $93,432 Tax Amount $536.94 Change Rate +0.083633% Assessed CR Tax Rate +0.005234%
Year 2014 Assessed Value $97,860 Land Value $9,150 Improvement Value $88,710 Tax Amount $495.5 Change Rate Assessed CR Tax Rate +0.005063%