- Assessed Value: $106,950
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 757 220 001
- Assessed Land Value: 9901
- Market Land Value: 29703
- Tax Amount: 2430.12
- Tax Year: 2025
- Market Value: 320850
- Market Year: 2025
225 W Lovelady Rd; Hobbs, NM Property Details
Off market
225 W Lovelady Rd Hobbs, NM 88242
$286,000 Listing Price
3 Beds
2 Baths
2,165 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1975
- Purchase Price: $339,600
- Open Loans / Balance: 1 / $227,865
- Est. Equity / %: $212,135 / 48.21%
- Inv. Liens: 1
- APN: 4 000 757 220 001
- Situs County: Lea
- Length Of Ownership: 8 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Total: 2,165/SqFt
- Lot: 43,560/SqFt
- Price Per Square Foot: $156.86
Legal Description
- Description: SECTION-10 TOWNSHIP-18S RANGE-38E 1.00 AC LOC SW4 TR BEG S89D5705E 1975.54 FROM W4 COR SEC 10, TH S89D5705E 208.7, S0D1W 208.
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: 32.761623 / -103.13806
- Property Class: Residential
Amenities
- Plus Four: 9759
Ownership Info
225 W Lovelady Rd has no associated ownership info
225 W Lovelady Rd has no associated ownership info.
Taxes
225 W Lovelady Rd has 10 associated Taxes items
225 W Lovelady Rd, 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 $106,950. The APN we've located for 225 W Lovelady Rd is 4 000 757 220 001.
Unlock the full reportTaxes
Tax History
225 W Lovelady Rd 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 $106,950 | Land Value $9,901 | Improvement Value $97,049 | Tax Amount $2,430.12 | Change Rate +0.015232% | Assessed CR | Tax Rate +0.022722% |
| Year 2024 | Assessed Value $104,136 | Land Value $9,613 | Improvement Value $94,523 | Tax Amount $2,393.66 | Change Rate -0.008553% | Assessed CR | Tax Rate +0.022986% |
| Year 2023 | Assessed Value $101,404 | Land Value $9,333 | Improvement Value $92,071 | Tax Amount $2,414.31 | Change Rate +0.019737% | Assessed CR | Tax Rate +0.023809% |
| Year 2022 | Assessed Value $101,404 | Land Value $9,333 | Improvement Value $92,071 | Tax Amount $2,367.58 | Change Rate +0.115278% | Assessed CR | Tax Rate +0.023348% |
| Year 2021 | Assessed Value $91,078 | Land Value $9,333 | Improvement Value $81,745 | Tax Amount $2,122.86 | Change Rate +0.02014% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $91,078 | Land Value $9,333 | Improvement Value $81,745 | Tax Amount $2,080.95 | Change Rate +0.020224% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $91,078 | Land Value $9,333 | Improvement Value $81,745 | Tax Amount $2,039.7 | Change Rate -0.038879% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $69,315 | Land Value $4,276 | Improvement Value $65,039 | Tax Amount $2,122.21 | Change Rate +0.0401% | Assessed CR | Tax Rate +0.030617% |
| Year 2017 | Assessed Value $201,888 | Land Value $12,453 | Improvement Value $189,435 | Tax Amount $2,040.39 | Change Rate | Assessed CR | Tax Rate +0.010107% |
| Year 2016 | Assessed Value $196,008 | Land Value $12,090 | Improvement Value $183,918 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $190,299 | Land Value $11,739 | Improvement Value $178,560 | Tax Amount $1,372.78 | Change Rate | Assessed CR | Tax Rate +0.007214% |
| Year 2014 | Assessed Value $184,755 | Land Value $11,397 | Improvement Value $173,358 | Tax Amount | Change Rate | Assessed CR | Tax Rate |