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1624 W College Ln; Hobbs, NM Property Details

1624 W College Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 1624 W College Ln is 44,954 square feet.

Off market
1624 W College Ln Hobbs, NM 88242
$154,636 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $505,900
  • Open Loans / Balance: 1 / $353,820
  • Est. Equity / %: $18,180 / 4.89%
  • Inv. Liens: 1
  • APN: 4 990 709 160 835
  • Situs County: Lea
  • Length Of Ownership: 6 years, 5 months

Measurements

  • Lot: 44,954/SqFt

Legal Description

  • Description: MEADOWS RANCHETTS TRACT 2 1.032 AC 21220 LEMKE DEVELOPMENT INC
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.769794 / -103.15661
  • Subdivision: Meadows Ranchetts
  • Property Class: Residential

Amenities

  • Plus Four: 0966

Ownership Info

1624 W College Ln has no associated ownership info
1624 W College Ln has no associated ownership info.

Taxes

1624 W College Ln has 10 associated Taxes items

1624 W College Ln, 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 $154,636. The APN we've located for 1624 W College Ln is 4 990 709 160 835.

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Taxes
  • Assessed Value:  $154,636
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 990 709 160 835
  • Assessed Land Value:  15914
  • Market Land Value:  47742
  • Tax Amount:  4173.46
  • Tax Year:  2025
  • Market Value:  463908
  • Market Year:  2025

Tax History

1624 W College Ln has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $154,636 Land Value $15,914 Improvement Value $138,722 Tax Amount $4,173.46 Change Rate +0.012091% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $150,881 Land Value $15,450 Improvement Value $135,431 Tax Amount $4,123.6 Change Rate +0.010929% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $147,236 Land Value $15,000 Improvement Value $132,236 Tax Amount $4,079.02 Change Rate +0.227504% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $147,236 Land Value $15,000 Improvement Value $132,236 Tax Amount $3,323.02 Change Rate +0.002564% Assessed CR Tax Rate +0.022569%
Year 2021 Assessed Value $121,496 Land Value $15,000 Improvement Value $106,496 Tax Amount $3,314.52 Change Rate +0.152552% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $107,027 Land Value $15,000 Improvement Value $92,027 Tax Amount $2,875.81 Change Rate Assessed CR Tax Rate +0.02687%