Large Location Icon

324 W Cochiti Ave; Hobbs, NM Property Details

324 W Cochiti Ave, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 324 W Cochiti Ave is 5,685 square feet.

Off market
324 W Cochiti Ave Hobbs, NM 88240
$45,097 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Open Loans / Balance: 1 / $6,946,507
  • Est. Equity / %: $-6,698,507 / -2,701.01%
  • Inv. Liens: 1
  • APN: 4 000 201 572 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 2 months

Measurements

  • Lot: 5,685/SqFt

Legal Description

  • Description: SPEARS ADD UNIT 1 BLOCK 3 LOT 3 W2 OF 3 5302-W2 PRT OF # 16944 LAYH, GERALDINE TRUST 12106-LAYH, RANDALL PHOTO
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: 32.73438 / -103.13982
  • Subdivision: Spears Add
  • Property Class: Residential

Amenities

  • Plus Four: 1225

Ownership Info

324 W Cochiti Ave has no associated ownership info
324 W Cochiti Ave has no associated ownership info.

Taxes

324 W Cochiti Ave has 10 associated Taxes items

324 W Cochiti Ave, 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 $45,097. The APN we've located for 324 W Cochiti Ave is 4 000 201 572 001.

Unlock the full report
Taxes
  • Assessed Value:  $45,097
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 201 572 001
  • Assessed Land Value:  5062
  • Market Land Value:  15186
  • Tax Amount:  1217.12
  • Tax Year:  2025
  • Market Value:  135291
  • Market Year:  2025

Tax History

324 W Cochiti Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $45,097 Land Value $5,062 Improvement Value $40,035 Tax Amount $1,217.12 Change Rate +0.01714% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $43,784 Land Value $4,915 Improvement Value $38,869 Tax Amount $1,196.61 Change Rate +0.016091% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $42,509 Land Value $4,772 Improvement Value $37,737 Tax Amount $1,177.66 Change Rate +0.043285% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $42,509 Land Value $4,772 Improvement Value $37,737 Tax Amount $1,128.8 Change Rate +0.032641% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $40,069 Land Value $4,498 Improvement Value $35,571 Tax Amount $1,093.12 Change Rate +0.045738% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $38,902 Land Value $4,367 Improvement Value $34,535 Tax Amount $1,045.31 Change Rate +0.017472% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $38,902 Land Value $4,367 Improvement Value $34,535 Tax Amount $1,027.36 Change Rate -0.151454% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $38,902 Land Value $4,367 Improvement Value $34,535 Tax Amount $1,210.73 Change Rate Assessed CR Tax Rate +0.031123%
Year 2017 Assessed Value $116,706 Land Value $13,101 Improvement Value $103,605 Tax Amount $1,210.73 Change Rate Assessed CR Tax Rate +0.010374%
Year 2016 Assessed Value $116,706 Land Value $13,101 Improvement Value $103,605 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $116,706 Land Value $13,101 Improvement Value $103,605 Tax Amount $1,024.68 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $116,706 Land Value $13,101 Improvement Value $103,605 Tax Amount Change Rate Assessed CR Tax Rate