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1616 W Chico Dr; Hobbs, NM Property Details

1616 W Chico Dr, Hobbs, NM is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 1616 W Chico Dr has 4 bedrooms, and a total of 3,300 square feet. The lot size of 1616 W Chico Dr is 7,747 square feet.

Off market
1616 W Chico Dr Hobbs, NM 88240
$432,500 Listing Price
4 Beds
3,300 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $513,600
  • Open Loans / Balance: 1 / $269,084
  • Est. Equity / %: $211,916 / 44.06%
  • Inv. Liens: 1
  • APN: 4 970 723 162 258
  • Situs County: Lea
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 4

Measurements

  • Total: 3,300/SqFt
  • Lot: 7,747/SqFt
  • Price Per Square Foot: $155.64

Legal Description

  • Description: DEL NORTE HTS ADD UNIT 10 LOT 29 SEE F5 MEMO FOR OLDER FOOTNOTES 62416-BESADA, DWIGHT PHOTO 121417 011118 DIAZ, GUSTAVO
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: 32.745197 / -103.15622
  • Subdivision: Del Norte Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 1600

Ownership Info

1616 W Chico Dr has no associated ownership info
1616 W Chico Dr has no associated ownership info.

Taxes

1616 W Chico Dr has 10 associated Taxes items

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.

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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

Tax History

1616 W Chico Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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