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1608 W Chico Dr; Hobbs, NM Property Details

1608 W Chico Dr, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 1608 W Chico Dr is 7,378 square feet.

Off market
1608 W Chico Dr Hobbs, NM 88240
$84,452 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $198,100
  • Open Loans / Balance: 1 / $105,957
  • Est. Equity / %: $267,043 / 71.59%
  • APN: 4 970 723 163 026
  • Situs County: Lea
  • Length Of Ownership: 6 years, 2 months

Measurements

  • Lot: 7,378/SqFt

Legal Description

  • Description: DEL NORTE HTS ADD UNIT 10 LOT 31 5808-PHILLIPS, TODD PHOTO 109 2211-PALMER, PATRICIA
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: 32.744965 / -103.15597
  • Subdivision: Del Norte Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 1600

Ownership Info

1608 W Chico Dr has no associated ownership info
1608 W Chico Dr has no associated ownership info.

Taxes

1608 W Chico Dr has 10 associated Taxes items

1608 W Chico Dr, 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 $84,452. The APN we've located for 1608 W Chico Dr is 4 970 723 163 026.

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Taxes
  • Assessed Value:  $84,452
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 970 723 163 026
  • Assessed Land Value:  13131
  • Market Land Value:  39393
  • Tax Amount:  2279.28
  • Tax Year:  2025
  • Market Value:  253356
  • Market Year:  2025

Tax History

1608 W Chico Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $84,452 Land Value $13,131 Improvement Value $71,321 Tax Amount $2,279.28 Change Rate +0.017141% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $81,993 Land Value $12,749 Improvement Value $69,244 Tax Amount $2,240.87 Change Rate +0.016097% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $79,605 Land Value $12,378 Improvement Value $67,227 Tax Amount $2,205.37 Change Rate +0.043305% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $79,605 Land Value $12,378 Improvement Value $67,227 Tax Amount $2,113.83 Change Rate +0.032633% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $75,035 Land Value $11,667 Improvement Value $63,368 Tax Amount $2,047.03 Change Rate +0.015296% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $75,035 Land Value $11,667 Improvement Value $63,368 Tax Amount $2,016.19 Change Rate +0.017456% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $75,035 Land Value $11,667 Improvement Value $63,368 Tax Amount $1,981.6 Change Rate -0.163077% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $75,035 Land Value $11,667 Improvement Value $63,368 Tax Amount $2,367.72 Change Rate Assessed CR Tax Rate +0.031555%
Year 2017 Assessed Value $225,105 Land Value $35,001 Improvement Value $190,104 Tax Amount $2,367.72 Change Rate Assessed CR Tax Rate +0.010518%
Year 2016 Assessed Value $225,105 Land Value $35,001 Improvement Value $190,104 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $225,105 Land Value $35,001 Improvement Value $190,104 Tax Amount $1,976.42 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $225,105 Land Value $35,001 Improvement Value $190,104 Tax Amount Change Rate Assessed CR Tax Rate