Taxes
- Assessed Value: $236,539
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 425 070 001
- Assessed Land Value: 26523
- Market Land Value: 79569
- Tax Amount: 6383.95
- Tax Year: 2025
- Market Value: 709617
- Market Year: 2025
1220 W College Ln; Hobbs, NM Property Details
Off market
1220 W College Ln Hobbs, NM 88242
$670,000 Listing Price
4 Beds
5,314 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1979
- Purchase Price: $638,000
- Est. Equity / %: $1,011,000 / 100%
- APN: 4 000 425 070 001
- Situs County: Lea
- Length Of Ownership: 6 years
Rooms
- Bedrooms: 4
Measurements
- Total: 5,314/SqFt
- Lot: 219,978/SqFt
- Price Per Square Foot: $120.06
Legal Description
- Description: SECTION-04 TOWNSHIP-18S RANGE-38E 5.05 AC LOC S2SE4 TR BEG N89D58W 1652.8 FROM SE COR SEC 4, TH N89D58W 333.6, N0D1W 660, S89
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.770226 / -103.15083
- Subdivision: S/2 Se/4 S4t18sr38e Nmpm
- Property Class: Residential
Amenities
- Plus Four: 0831
Ownership Info
1220 W College Ln has no associated ownership info
1220 W College Ln has no associated ownership info.
Taxes
1220 W College Ln has 10 associated Taxes items
1220 W College Ln, 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 $236,539. The APN we've located for 1220 W College Ln is 4 000 425 070 001.
Unlock the full reportTax History
1220 W College Ln has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $236,539 | Land Value $26,523 | Improvement Value $210,016 | Tax Amount $6,383.95 | Change Rate +0.017153% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $229,649 | Land Value $25,750 | Improvement Value $203,899 | Tax Amount $6,276.29 | Change Rate +0.016092% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $222,960 | Land Value $25,000 | Improvement Value $197,960 | Tax Amount $6,176.89 | Change Rate +0.012907% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $222,960 | Land Value $25,000 | Improvement Value $197,960 | Tax Amount $6,098.18 | Change Rate +0.002565% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $222,960 | Land Value $25,000 | Improvement Value $197,960 | Tax Amount $6,082.58 | Change Rate +0.233539% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $185,513 | Land Value $22,333 | Improvement Value $163,180 | Tax Amount $4,931 | Change Rate +0.017456% | Assessed CR | Tax Rate +0.02658% |
| Year 2019 | Assessed Value $185,513 | Land Value $22,333 | Improvement Value $163,180 | Tax Amount $4,846.4 | Change Rate -0.159883% | Assessed CR | Tax Rate +0.026124% |
| Year 2018 | Assessed Value $185,513 | Land Value $22,333 | Improvement Value $163,180 | Tax Amount $5,768.72 | Change Rate | Assessed CR | Tax Rate +0.031096% |
| Year 2017 | Assessed Value $556,539 | Land Value $66,999 | Improvement Value $489,540 | Tax Amount $5,768.72 | Change Rate | Assessed CR | Tax Rate +0.010365% |
| Year 2016 | Assessed Value $556,539 | Land Value $66,999 | Improvement Value $489,540 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $556,539 | Land Value $66,999 | Improvement Value $489,540 | Tax Amount $4,833.75 | Change Rate | Assessed CR | Tax Rate +0.008685% |
| Year 2014 | Assessed Value $556,539 | Land Value $66,999 | Improvement Value $489,540 | Tax Amount | Change Rate | Assessed CR | Tax Rate |