Taxes
- Assessed Value: $135,529
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 970 723 162 258
- Assessed Land Value: 13264
- Market Land Value: 39792
- Tax Amount: 3657.8
- Tax Year: 2025
- Market Value: 406587
- Market Year: 2025
1616 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 $135,529. The APN we've located for 1616 W Chico Dr is 4 970 723 162 258.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $135,529 | Land Value $13,264 | Improvement Value $122,265 | Tax Amount $3,657.8 | Change Rate +0.017146% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $131,582 | Land Value $12,878 | Improvement Value $118,704 | Tax Amount $3,596.14 | Change Rate +0.016088% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $127,750 | Land Value $12,503 | Improvement Value $115,247 | Tax Amount $3,539.2 | Change Rate +0.01291% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $127,750 | Land Value $12,503 | Improvement Value $115,247 | Tax Amount $3,494.09 | Change Rate +0.002565% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $127,750 | Land Value $12,503 | Improvement Value $115,247 | Tax Amount $3,485.15 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $127,750 | Land Value $12,503 | Improvement Value $115,247 | Tax Amount $3,432.65 | Change Rate +0.017458% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $127,750 | Land Value $12,503 | Improvement Value $115,247 | Tax Amount $3,373.75 | Change Rate -0.147511% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $127,750 | Land Value $12,503 | Improvement Value $115,247 | Tax Amount $3,957.53 | Change Rate +6.913161% | Assessed CR | Tax Rate +0.030979% |
| Year 2017 | Assessed Value $37,509 | Land Value $37,509 | Improvement Value | Tax Amount $500.12 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $37,509 | Land Value $37,509 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $37,509 | Land Value $37,509 | Improvement Value | Tax Amount $412.54 | Change Rate | Assessed CR | Tax Rate +0.010998% |
| Year 2014 | Assessed Value $37,509 | Land Value $37,509 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |