NOT LISTED FOR SALE

505 E Midwest St Hobbs, NM 88240

Estimated Value: $71,000 - $123,000

-- Bed
-- Bath
-- Sq Ft
7,100 Sq Ft Lot

About This Home

This home is located at 505 E Midwest St, Hobbs, NM 88240 and is currently estimated at $98,845. 505 E Midwest St is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs 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 $136 $6,976 $568 $6,408
2023 $132 $6,772 $551 $6,221
2022 $125 $6,772 $551 $6,221
2021 $120 $6,383 $519 $5,864
2020 $113 $6,197 $504 $5,693
2019 $106 $6,016 $489 $5,527
2018 $100 $5,841 $475 $5,366
2017 $101 $17,013 $1,383 $15,630
2016 $101 $16,518 $1,344 $15,174
2015 $88 $16,038 $1,305 $14,733
2014 -- $15,570 $1,266 $14,304
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

505 E Midwest St, Hobbs, NM

This home is located at 505 E Midwest St, Hobbs, NM 88240 and is currently estimated at $98,845. 505 E Midwest St is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

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