Taxes
- Assessed Value: $40,340
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 431 570 001
- Assessed Land Value: 2923
- Market Land Value: 8769
- Tax Amount: 934.07
- Tax Year: 2025
- Market Value: 121020
- Market Year: 2025
1405 W Illinois 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 $40,340. The APN we've located for 1405 W Illinois St is 4 000 431 570 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $40,340 | Land Value $2,923 | Improvement Value $37,417 | Tax Amount $934.07 | Change Rate +0.01765% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $39,165 | Land Value $2,838 | Improvement Value $36,327 | Tax Amount $917.87 | Change Rate +0.016512% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $38,024 | Land Value $2,755 | Improvement Value $35,269 | Tax Amount $902.96 | Change Rate +0.046813% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $38,024 | Land Value $2,755 | Improvement Value $35,269 | Tax Amount $862.58 | Change Rate +0.032523% | Assessed CR | Tax Rate +0.022685% |
| Year 2021 | Assessed Value $35,842 | Land Value $2,597 | Improvement Value $33,245 | Tax Amount $835.41 | Change Rate +0.050738% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $34,798 | Land Value $2,521 | Improvement Value $32,277 | Tax Amount $795.07 | Change Rate +0.050832% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $33,785 | Land Value $2,448 | Improvement Value $31,337 | Tax Amount $756.61 | Change Rate -0.249246% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $32,801 | Land Value $2,377 | Improvement Value $30,424 | Tax Amount $1,007.8 | Change Rate +0.029986% | Assessed CR | Tax Rate +0.030725% |
| Year 2017 | Assessed Value $95,538 | Land Value $6,924 | Improvement Value $88,614 | Tax Amount $978.46 | Change Rate | Assessed CR | Tax Rate +0.010242% |
| Year 2016 | Assessed Value $92,757 | Land Value $6,723 | Improvement Value $86,034 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $90,057 | Land Value $6,528 | Improvement Value $83,529 | Tax Amount $670.82 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $87,435 | Land Value $6,339 | Improvement Value $81,096 | Tax Amount | Change Rate | Assessed CR | Tax Rate |