Taxes
- Assessed Value: $94,789
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 422 920 001
- Assessed Land Value: 9867
- Market Land Value: 29601
- Tax Amount: 2194.84
- Tax Year: 2025
- Market Value: 284367
- Market Year: 2025
2403 W College Ln; Hobbs, NM Property Details
Off market
2403 W College Ln Hobbs, NM 88242
$275,000 Listing Price
3 Beds
2 Baths
1,952 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1983
- Purchase Price: $293,544
- Open Loans / Balance: 2 / $355,651
- Est. Equity / %: $-32,651 / -10.11%
- APN: 4 000 422 920 001
- Situs County: Lea
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Total: 1,952/SqFt
- Lot: 44,431/SqFt
- Price Per Square Foot: $150.38
Legal Description
- Description: SECTION-08 TOWNSHIP-18S RANGE-38E 1.02 AC LOC NE4 TRACT ONE TR BEG S89D2311W 1374.80 & S00D4341E 40 FR NW COR OF SEC 8, TH N8
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: 32.769024 / -103.166214
- Property Class: Residential
Amenities
- Plus Four: 0862
Ownership Info
2403 W College Ln has no associated ownership info
2403 W College Ln has no associated ownership info.
Taxes
2403 W College Ln has 10 associated Taxes items
2403 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 $94,789. The APN we've located for 2403 W College Ln is 4 000 422 920 001.
Unlock the full reportTax History
2403 W College Ln 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 $94,789 | Land Value $9,867 | Improvement Value $84,922 | Tax Amount $2,194.84 | Change Rate -0.011996% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $94,789 | Land Value $9,867 | Improvement Value $84,922 | Tax Amount $2,221.49 | Change Rate -0.653201% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $271,748 | Land Value $22,852 | Improvement Value $248,896 | Tax Amount $6,405.7 | Change Rate +0.040858% | Assessed CR | Tax Rate +0.023572% |
| Year 2022 | Assessed Value $271,748 | Land Value $22,852 | Improvement Value $248,896 | Tax Amount $6,154.25 | Change Rate +0.032757% | Assessed CR | Tax Rate +0.022647% |
| Year 2021 | Assessed Value $257,666 | Land Value $21,540 | Improvement Value $236,126 | Tax Amount $5,959.05 | Change Rate +0.020132% | Assessed CR | Tax Rate +0.023127% |
| Year 2020 | Assessed Value $257,666 | Land Value $21,540 | Improvement Value $236,126 | Tax Amount $5,841.45 | Change Rate +0.026321% | Assessed CR | Tax Rate +0.022671% |
| Year 2019 | Assessed Value $256,148 | Land Value $21,540 | Improvement Value $234,608 | Tax Amount $5,691.64 | Change Rate -0.273622% | Assessed CR | Tax Rate +0.02222% |
| Year 2018 | Assessed Value $254,675 | Land Value $21,540 | Improvement Value $233,135 | Tax Amount $7,835.65 | Change Rate +0.005505% | Assessed CR | Tax Rate +0.030767% |
| Year 2017 | Assessed Value $759,735 | Land Value $64,620 | Improvement Value $695,115 | Tax Amount $7,792.75 | Change Rate | Assessed CR | Tax Rate +0.010257% |
| Year 2016 | Assessed Value $755,568 | Land Value $64,620 | Improvement Value $690,948 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $151,104 | Land Value $23,994 | Improvement Value $127,110 | Tax Amount $1,125.59 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $142,110 | Land Value $15,000 | Improvement Value $127,110 | Tax Amount | Change Rate | Assessed CR | Tax Rate |