NOT LISTED FOR SALE

505 E Lea St Hobbs, NM 88240

Estimated Value: $72,303 - $141,000

-- Bed
-- Bath
-- Sq Ft
9,060 Sq Ft Lot

About This Home

This home is located at 505 E Lea St, Hobbs, NM 88240 and is currently estimated at $114,101. 505 E Lea St is a home located in Lea County with nearby schools including Will Rogers Elementary School, Houston Middle School, and Hobbs Freshman High School.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $318 $11,631 $850 $10,781
2023 $313 $11,292 $825 $10,467
2022 $300 $11,292 $825 $10,467
2021 $290 $10,644 $778 $9,866
2020 $116 $10,334 $755 $9,579
2019 $107 $10,033 $733 $9,300
2018 $98 $9,741 $712 $9,029
2017 $95 $28,371 $2,073 $26,298
2016 $91 $27,546 $2,013 $25,533
2015 $77 $26,742 $1,953 $24,789
2014 -- $25,962 $1,896 $24,066
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

505 E Lea St, Hobbs, NM

This home is located at 505 E Lea St, Hobbs, NM 88240 and is currently estimated at $114,101. 505 E Lea St is a home located in Lea County with nearby schools including Will Rogers Elementary School, Houston Middle School, and Hobbs Freshman High School.

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