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1602 Avenue; Hobbs, NM Property Details

1602 Avenue, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 1602 Avenue is 11,549 square feet.

Off market
1602 Avenue S Hobbs, NM 88240
$68,923 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $227,900
  • Open Loans / Balance: 1 / $201,552
  • Est. Equity / %: $88,448 / 30.5%
  • Inv. Liens: 1
  • APN: 4 000 770 250 001
  • Situs County: Lea
  • Length Of Ownership: 5 years

Measurements

  • Lot: 11,549/SqFt

Legal Description

  • Description: NORTH EUNICE ADD UNIT 2 BLOCK 25 LOT 6
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Eunice Municipal Schools
  • Lat / Lon: 32.44712 / -103.163895
  • Subdivision: North Eunice Add
  • Property Class: Residential

Ownership Info

1602 Avenue S has no associated ownership info
1602 Avenue S has no associated ownership info.

Taxes

1602 Avenue S has 10 associated Taxes items

1602 Avenue, 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 $68,923. The APN we've located for 1602 Avenue is 4 000 770 250 001.

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Taxes
  • Assessed Value:  $68,923
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 770 250 001
  • Assessed Land Value:  7633
  • Market Land Value:  22899
  • Tax Amount:  1687.65
  • Tax Year:  2025
  • Market Value:  206769
  • Market Year:  2025

Tax History

1602 Avenue S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,923 Land Value $7,633 Improvement Value $61,290 Tax Amount $1,687.65 Change Rate -0.020215% Assessed CR Tax Rate +0.024486%
Year 2024 Assessed Value $68,923 Land Value $7,633 Improvement Value $61,290 Tax Amount $1,722.47 Change Rate -0.019385% Assessed CR Tax Rate +0.024991%
Year 2023 Assessed Value $68,923 Land Value $7,633 Improvement Value $61,290 Tax Amount $1,756.52 Change Rate +0.004656% Assessed CR Tax Rate +0.025485%
Year 2022 Assessed Value $68,923 Land Value $7,633 Improvement Value $61,290 Tax Amount $1,748.38 Change Rate +0.392388% Assessed CR Tax Rate +0.025367%
Year 2021 Assessed Value $45,761 Land Value $533 Improvement Value $45,228 Tax Amount $1,255.67 Change Rate -0.095449% Assessed CR Tax Rate +0.02744%
Year 2020 Assessed Value $44,428 Land Value $517 Improvement Value $43,911 Tax Amount $1,388.17 Change Rate -0.040663% Assessed CR Tax Rate +0.031245%
Year 2019 Assessed Value $43,134 Land Value $502 Improvement Value $42,632 Tax Amount $1,447.01 Change Rate +0.147346% Assessed CR Tax Rate +0.033547%
Year 2018 Assessed Value $41,877 Land Value $487 Improvement Value $41,390 Tax Amount $1,261.18 Change Rate +0.030006% Assessed CR Tax Rate +0.030116%
Year 2017 Assessed Value $121,971 Land Value $1,419 Improvement Value $120,552 Tax Amount $1,224.44 Change Rate Assessed CR Tax Rate +0.010039%
Year 2016 Assessed Value $118,419 Land Value $1,377 Improvement Value $117,042 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $114,972 Land Value $1,338 Improvement Value $113,634 Tax Amount $1,033.75 Change Rate Assessed CR Tax Rate +0.008991%
Year 2014 Assessed Value $111,624 Land Value $1,299 Improvement Value $110,325 Tax Amount Change Rate Assessed CR Tax Rate