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2420 W College Ln; Hobbs, NM Property Details

2420 W College Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 2420 W College Ln is 493,970 square feet.

Off market
2420 W College Ln Hobbs, NM 88242
$271,490 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $42,261,600
  • APN: 4 000 424 890 001
  • Situs County: Lea
  • Length Of Ownership: 15 years, 8 months

Measurements

  • Lot: 493,970/SqFt

Legal Description

  • Description: SECTION-05 TOWNSHIP-18S RANGE-38E 11.34 AC LOC SE4 TR BEG S89D59W 1320.21 FROM SE COR SEC 5, TH S89D2259W 30.00, N00D3801W 50
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: 32.770004 / -103.16741
  • Property Class: Residential

Amenities

  • Plus Four: 0862

Ownership Info

2420 W College Ln has no associated ownership info
2420 W College Ln has no associated ownership info.

Taxes

2420 W College Ln has 10 associated Taxes items

2420 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 $271,490. The APN we've located for 2420 W College Ln is 4 000 424 890 001.

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Taxes
  • Assessed Value:  $271,490
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 424 890 001
  • Assessed Land Value:  16880
  • Market Land Value:  50640
  • Tax Amount:  6286.35
  • Tax Year:  2025
  • Market Value:  814470
  • Market Year:  2025

Tax History

2420 W College Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $271,490 Land Value $16,880 Improvement Value $254,610 Tax Amount $6,286.35 Change Rate +0.015933% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $264,028 Land Value $16,388 Improvement Value $247,640 Tax Amount $6,187.76 Change Rate +0.014746% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $256,784 Land Value $15,911 Improvement Value $240,873 Tax Amount $6,097.84 Change Rate +0.113204% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $256,784 Land Value $15,911 Improvement Value $240,873 Tax Amount $5,477.74 Change Rate +0.032517% Assessed CR Tax Rate +0.021332%
Year 2021 Assessed Value $227,614 Land Value $14,998 Improvement Value $212,616 Tax Amount $5,305.23 Change Rate +0.050738% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $220,984 Land Value $14,561 Improvement Value $206,423 Tax Amount $5,049.05 Change Rate +0.020227% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $220,984 Land Value $14,561 Improvement Value $206,423 Tax Amount $4,948.95 Change Rate -0.269542% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $220,984 Land Value $14,561 Improvement Value $206,423 Tax Amount $6,775.13 Change Rate Assessed CR Tax Rate +0.030659%
Year 2017 Assessed Value $662,952 Land Value $43,683 Improvement Value $619,269 Tax Amount $6,775.13 Change Rate Assessed CR Tax Rate +0.01022%
Year 2016 Assessed Value $662,952 Land Value $43,683 Improvement Value $619,269 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $662,952 Land Value $43,683 Improvement Value $619,269 Tax Amount $4,938.12 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $662,952 Land Value $43,683 Improvement Value $619,269 Tax Amount Change Rate Assessed CR Tax Rate