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225 W Lovelady Rd; Hobbs, NM Property Details

225 W Lovelady Rd, Hobbs, NM is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 225 W Lovelady Rd has 3 bedrooms, and 2 bathrooms, and a total of 2,165 square feet. The lot size of 225 W Lovelady Rd is 43,560 square feet.

Off market
225 W Lovelady Rd Hobbs, NM 88242
$286,000 Listing Price
3 Beds
2 Baths
2,165 SqFt
Property 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.

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Taxes
  • 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

Tax History

225 W Lovelady Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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