Taxes
- Assessed Value: $106,077
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 970 223 095 622
- Assessed Land Value: 16026
- Market Land Value: 48078
- Tax Amount: 3659.34
- Tax Year: 2025
- Market Value: 318231
- Market Year: 2025
1825 Commerce Dr; Hobbs, NM Property Details
Off market
1825 Commerce Dr Hobbs, NM 88240
$400,000 Listing Price
2 Baths
4,000 SqFt
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2000
- Purchase Price: $311,300
- Open Loans / Balance: 1 / $350,000
- Est. Equity / %: $269,000 / 43.46%
- Inv. Liens: 1
- APN: 4 970 223 095 622
- Situs County: Lea
- Length Of Ownership: 9 years, 3 months
Rooms
- Bathrooms: 2
Measurements
- Total: 4,000/SqFt
- Lot: 110,207/SqFt
- Price Per Square Foot: $77.83
Legal Description
- Description: SECTION-21 TOWNSHIP-18S RANGE-38E 2.53 AC LOC NW4 LOT A-2 TR BEG N89D2422E 858.13 FROM W4 COR SEC 21, TH N 638.30, N89D2320E
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.733727 / -103.15894
- Property Class: Residential
Amenities
- Plus Four: 8860
Ownership Info
1825 Commerce Dr has no associated ownership info
1825 Commerce Dr has no associated ownership info.
Taxes
1825 Commerce Dr has 10 associated Taxes items
1825 Commerce 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 $106,077. The APN we've located for 1825 Commerce Dr is 4 970 223 095 622.
Unlock the full reportTax History
1825 Commerce Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $106,077 | Land Value $16,026 | Improvement Value $90,051 | Tax Amount $3,659.34 | Change Rate -0.000262% | Assessed CR | Tax Rate +0.034497% |
| Year 2024 | Assessed Value $106,077 | Land Value $16,026 | Improvement Value $90,051 | Tax Amount $3,660.3 | Change Rate +0.117383% | Assessed CR | Tax Rate +0.034506% |
| Year 2023 | Assessed Value $94,925 | Land Value $15,559 | Improvement Value $79,366 | Tax Amount $3,275.78 | Change Rate +0.042084% | Assessed CR | Tax Rate +0.034509% |
| Year 2022 | Assessed Value $94,925 | Land Value $15,559 | Improvement Value $79,366 | Tax Amount $3,143.49 | Change Rate +0.031511% | Assessed CR | Tax Rate +0.033116% |
| Year 2021 | Assessed Value $89,308 | Land Value $14,666 | Improvement Value $74,642 | Tax Amount $3,047.46 | Change Rate +0.022668% | Assessed CR | Tax Rate +0.034123% |
| Year 2020 | Assessed Value $88,881 | Land Value $14,239 | Improvement Value $74,642 | Tax Amount $2,979.91 | Change Rate +0.044611% | Assessed CR | Tax Rate +0.033527% |
| Year 2019 | Assessed Value $86,292 | Land Value $13,824 | Improvement Value $72,468 | Tax Amount $2,852.65 | Change Rate -0.152178% | Assessed CR | Tax Rate +0.033058% |
| Year 2018 | Assessed Value $84,117 | Land Value $13,421 | Improvement Value $70,696 | Tax Amount $3,364.68 | Change Rate +0.03% | Assessed CR | Tax Rate +0.04% |
| Year 2017 | Assessed Value $245,001 | Land Value $39,090 | Improvement Value $205,911 | Tax Amount $3,266.68 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $243,861 | Land Value $37,950 | Improvement Value $205,911 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $243,861 | Land Value $37,950 | Improvement Value $205,911 | Tax Amount $2,682.14 | Change Rate | Assessed CR | Tax Rate +0.010999% |
| Year 2014 | Assessed Value $234,024 | Land Value $37,950 | Improvement Value $196,074 | Tax Amount | Change Rate | Assessed CR | Tax Rate |