NOT LISTED FOR SALE

507 W Main St Hobbs, NM 88240

Estimated Value: $53,000 - $101,000

-- Bed
-- Bath
-- Sq Ft
6,882 Sq Ft Lot

About This Home

This home is located at 507 W Main St, Hobbs, NM 88240 and is currently estimated at $74,262. 507 W Main 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 $10 $1,249 $568 $681
2023 $9 $1,232 $551 $681
2022 $7 $1,232 $551 $681
2021 $6 $1,180 $519 $661
2020 $4 $1,165 $504 $661
2019 $3 $1,131 $489 $642
2018 $2 $1,098 $475 $623
2017 $2 $3,198 $1,383 $1,815
2016 $1 $3,105 $1,344 $1,761
2015 -- $3,015 $1,305 $1,710
2014 -- $2,934 $1,266 $1,668
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

507 W Main St, Hobbs, NM

This home is located at 507 W Main St, Hobbs, NM 88240 and is currently estimated at $74,262. 507 W Main 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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