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901 E Michigan Dr; Hobbs, NM Property Details

901 E Michigan Dr, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 1962. This property is currently Financed and is not for sale. Our records show that 901 E Michigan Dr has 6 bedrooms. The lot size of 901 E Michigan Dr is 117,612 square feet.

Off market
901 E Michigan Dr Hobbs, NM 88240
$2,480,000 Listing Price
6 Beds
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • Purchase Price: $5,940,046
  • Open Loans / Balance: 1 / $4,457,637
  • Inv. Liens: 1
  • APN: 4 000 158 400 001
  • Situs County: Lea
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 6

Measurements

  • Lot: 117,612/SqFt

Legal Description

  • Description: SECTION-26 TOWNSHIP-18S RANGE-38E 2.70 AC LOC SW4NW4 TR BEG N0D4318W 3820.88 AND N89D2242E 309.89FOR A POB TH N0D4318W 115.00
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: 32.72153 / -103.12607
  • Subdivision: Sw/4 Nw/4 S26t18sr38e Nmpm
  • Property Class: Residential

Amenities

  • Plus Four: 3021

Ownership Info

901 E Michigan Dr has no associated ownership info
901 E Michigan Dr has no associated ownership info.

Taxes

901 E Michigan Dr has 10 associated Taxes items

901 E Michigan Dr, 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 $518,710. The APN we've located for 901 E Michigan Dr is 4 000 158 400 001.

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Taxes
  • Assessed Value:  $518,710
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 158 400 001
  • Assessed Land Value:  20659
  • Market Land Value:  61977
  • Tax Amount:  13999.47
  • Tax Year:  2025
  • Market Value:  1556130
  • Market Year:  2025

Tax History

901 E Michigan Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $518,710 Land Value $20,659 Improvement Value $498,051 Tax Amount $13,999.47 Change Rate +0.017148% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $503,602 Land Value $20,057 Improvement Value $483,545 Tax Amount $13,763.45 Change Rate +0.016097% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $488,934 Land Value $19,473 Improvement Value $469,461 Tax Amount $13,545.41 Change Rate +0.012905% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $488,934 Land Value $19,473 Improvement Value $469,461 Tax Amount $13,372.84 Change Rate +0.002566% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $488,934 Land Value $19,473 Improvement Value $469,461 Tax Amount $13,338.61 Change Rate +0.015296% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $488,934 Land Value $19,473 Improvement Value $469,461 Tax Amount $13,137.65 Change Rate +0.017456% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $488,934 Land Value $19,473 Improvement Value $469,461 Tax Amount $12,912.26 Change Rate -0.366185% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $672,585 Land Value $19,473 Improvement Value $653,112 Tax Amount $20,372.28 Change Rate +0.03% Assessed CR Tax Rate +0.03029%
Year 2017 Assessed Value $1,958,985 Land Value $56,718 Improvement Value $1,902,267 Tax Amount $19,778.91 Change Rate Assessed CR Tax Rate +0.010097%
Year 2016 Assessed Value $1,901,925 Land Value $55,065 Improvement Value $1,846,860 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $2,095,710 Land Value $53,460 Improvement Value $2,042,250 Tax Amount $18,400.34 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $2,034,669 Land Value $51,903 Improvement Value $1,982,766 Tax Amount Change Rate Assessed CR Tax Rate