Taxes
- Assessed Value: $16,266
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 047 540 001
- Assessed Land Value: 632
- Market Land Value: 1896
- Tax Amount: 438.99
- Tax Year: 2025
- Market Value: 48798
- Market Year: 2025
1220 S Farquhar 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 $16,266. The APN we've located for 1220 S Farquhar St is 4 000 047 540 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $16,266 | Land Value $632 | Improvement Value $15,634 | Tax Amount $438.99 | Change Rate +0.017052% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $15,793 | Land Value $614 | Improvement Value $15,179 | Tax Amount $431.63 | Change Rate +0.016126% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $15,333 | Land Value $596 | Improvement Value $14,737 | Tax Amount $424.78 | Change Rate +0.043224% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $15,333 | Land Value $596 | Improvement Value $14,737 | Tax Amount $407.18 | Change Rate +0.032665% | Assessed CR | Tax Rate +0.026556% |
| Year 2021 | Assessed Value $14,453 | Land Value $562 | Improvement Value $13,891 | Tax Amount $394.3 | Change Rate +0.045805% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $14,032 | Land Value $546 | Improvement Value $13,486 | Tax Amount $377.03 | Change Rate +0.047946% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $13,623 | Land Value $530 | Improvement Value $13,093 | Tax Amount $359.78 | Change Rate -0.104936% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $13,227 | Land Value $515 | Improvement Value $12,712 | Tax Amount $401.96 | Change Rate +0.02998% | Assessed CR | Tax Rate +0.030389% |
| Year 2017 | Assessed Value $38,526 | Land Value $1,500 | Improvement Value $37,026 | Tax Amount $390.26 | Change Rate | Assessed CR | Tax Rate +0.01013% |
| Year 2016 | Assessed Value $37,404 | Land Value $1,455 | Improvement Value $35,949 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $36,315 | Land Value $1,413 | Improvement Value $34,902 | Tax Amount $318.85 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $35,256 | Land Value $1,371 | Improvement Value $33,885 | Tax Amount | Change Rate | Assessed CR | Tax Rate |