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2302 N Red Oak Dr; Hobbs, NM Property Details

2302 N Red Oak Dr, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 2302 N Red Oak Dr is 13,715 square feet.

Off market
2302 N Red Oak Dr Hobbs, NM 88240
$168,127 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $561,000 / 100%
  • Inv. Liens: 1
  • Gross Yield: 4.278%
  • APN: 4 980 104 124 045
  • Situs County: Lea
  • Length Of Ownership: 9 months

Measurements

  • Lot: 13,715/SqFt

Legal Description

  • Description: ARBORS SUB-DIV BLOCK 3 LOT J REPLAT OF BLOCKS 2,3,4,5,6,PORTION OF BLK 7 PHOTO 6512 11618 WOLOSHYN, ROBERT J ETUX 11618 WOLOS
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.72628 / -103.111916
  • Subdivision: Arbors Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 2542

Ownership Info

2302 N Red Oak Dr has no associated ownership info
2302 N Red Oak Dr has no associated ownership info.

Taxes

2302 N Red Oak Dr has 10 associated Taxes items

2302 N Red Oak 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 $168,127. The APN we've located for 2302 N Red Oak Dr is 4 980 104 124 045.

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Taxes
  • Assessed Value:  $168,127
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 980 104 124 045
  • Assessed Land Value:  16667
  • Market Land Value:  50001
  • Tax Amount:  4537.57
  • Tax Year:  2025
  • Market Value:  504381
  • Market Year:  2025

Tax History

2302 N Red Oak Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $168,127 Land Value $16,667 Improvement Value $151,460 Tax Amount $4,537.57 Change Rate -0.012481% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $168,127 Land Value $16,667 Improvement Value $151,460 Tax Amount $4,594.92 Change Rate +0.257549% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $131,890 Land Value $12,360 Improvement Value $119,530 Tax Amount $3,653.87 Change Rate +0.043292% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $131,890 Land Value $12,360 Improvement Value $119,530 Tax Amount $3,502.25 Change Rate +0.002568% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $128,048 Land Value $12,000 Improvement Value $116,048 Tax Amount $3,493.28 Change Rate +0.015297% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $128,048 Land Value $12,000 Improvement Value $116,048 Tax Amount $3,440.65 Change Rate +0.017456% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $128,048 Land Value $12,000 Improvement Value $116,048 Tax Amount $3,381.62 Change Rate -0.146366% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $128,048 Land Value $12,000 Improvement Value $116,048 Tax Amount $3,961.44 Change Rate Assessed CR Tax Rate +0.030937%
Year 2017 Assessed Value $384,144 Land Value $36,000 Improvement Value $348,144 Tax Amount $3,961.44 Change Rate Assessed CR Tax Rate +0.010312%
Year 2016 Assessed Value $384,144 Land Value $36,000 Improvement Value $348,144 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $384,144 Land Value $36,000 Improvement Value $348,144 Tax Amount $3,372.79 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $384,144 Land Value $36,000 Improvement Value $348,144 Tax Amount Change Rate Assessed CR Tax Rate