Taxes
- Assessed Value: $57,134
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 721 750 001
- Assessed Land Value: 5253
- Market Land Value: 15759
- Tax Amount: 1276.62
- Tax Year: 2025
- Market Value: 171402
- Market Year: 2025
400 W Martin St; Hobbs, NM Property Details
Off market • Pre Probate ✓
400 W Martin St Hobbs, NM 88242
$57,134 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1981
- Open Loans / Balance: 1 / $223,598
- Est. Equity / %: $208,402 / 48.24%
- APN: 4 000 721 750 001
- Situs County: Lea
Measurements
- Lot: 20,269/SqFt
Legal Description
- Description: KNOWLES SUB-DIV UNIT 2 BLOCK 6 LOT 13 1981-GREAT WESTERN INV 122806- BK 1488 PG 463 51607- BK 1513 PG 317-8 5508- BK 1578 PG
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: 32.766563 / -103.14037
- Subdivision: Knowles Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 9465
Ownership Info
400 W Martin St has no associated ownership info
400 W Martin St has no associated ownership info.
Taxes
400 W Martin St has 10 associated Taxes items
400 W Martin St, 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 $57,134. The APN we've located for 400 W Martin St is 4 000 721 750 001.
Unlock the full reportTax History
400 W Martin St 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 $57,134 | Land Value $5,253 | Improvement Value $51,881 | Tax Amount $1,276.62 | Change Rate +0.018753% | Assessed CR | Tax Rate +0.022344% |
| Year 2024 | Assessed Value $55,470 | Land Value $5,100 | Improvement Value $50,370 | Tax Amount $1,253.12 | Change Rate +0.017663% | Assessed CR | Tax Rate +0.022591% |
| Year 2023 | Assessed Value $53,854 | Land Value $4,951 | Improvement Value $48,903 | Tax Amount $1,231.37 | Change Rate +0.048037% | Assessed CR | Tax Rate +0.022865% |
| Year 2022 | Assessed Value $53,854 | Land Value $4,951 | Improvement Value $48,903 | Tax Amount $1,174.93 | Change Rate -0.00699% | Assessed CR | Tax Rate +0.021817% |
| Year 2021 | Assessed Value $50,763 | Land Value $4,667 | Improvement Value $46,096 | Tax Amount $1,183.2 | Change Rate +0.020141% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $50,763 | Land Value $4,667 | Improvement Value $46,096 | Tax Amount $1,159.84 | Change Rate +0.02024% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $50,763 | Land Value $4,667 | Improvement Value $46,096 | Tax Amount $1,136.83 | Change Rate -0.275701% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $50,763 | Land Value $4,667 | Improvement Value $46,096 | Tax Amount $1,569.56 | Change Rate | Assessed CR | Tax Rate +0.030919% |
| Year 2017 | Assessed Value $152,289 | Land Value $14,001 | Improvement Value $138,288 | Tax Amount $1,569.56 | Change Rate | Assessed CR | Tax Rate +0.010306% |
| Year 2016 | Assessed Value $152,289 | Land Value $14,001 | Improvement Value $138,288 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $152,289 | Land Value $14,001 | Improvement Value $138,288 | Tax Amount $1,134.36 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $152,289 | Land Value $14,001 | Improvement Value $138,288 | Tax Amount | Change Rate | Assessed CR | Tax Rate |