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406 N Cochran St; Hobbs, NM Property Details

406 N Cochran St, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 406 N Cochran St is 2,120 square feet.

Off market
406 N Cochran St Hobbs, NM 88240
$16,001 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $67,032
  • Open Loans / Balance: 1 / $39,098
  • Est. Equity / %: $147,902 / 79.09%
  • Inv. Liens: 1
  • APN: 4 000 024 640 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Lot: 2,120/SqFt

Legal Description

  • Description: HIGHLAND PARK ADD BLOCK 109 LOT 9 N 60 OF 9 9909 DECKER, JOE RUSSELL 62421 ROBERTS, CARLA DECKER PHOTO 12822 41322 LUNA, CARL
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: 32.70441 / -103.140976
  • Subdivision: Highland Park Add
  • Property Class: Residential

Amenities

  • Plus Four: 5709

Ownership Info

406 N Cochran St has no associated ownership info
406 N Cochran St has no associated ownership info.

Taxes

406 N Cochran St has 10 associated Taxes items

406 N Cochran 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 $16,001. The APN we've located for 406 N Cochran St is 4 000 024 640 001.

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Taxes
  • Assessed Value:  $16,001
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 024 640 001
  • Assessed Land Value:  1867
  • Market Land Value:  5601
  • Tax Amount:  431.86
  • Tax Year:  2025
  • Market Value:  48003
  • Market Year:  2025

Tax History

406 N Cochran St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,001 Land Value $1,867 Improvement Value $14,134 Tax Amount $431.86 Change Rate -0.01244% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $16,001 Land Value $1,867 Improvement Value $14,134 Tax Amount $437.3 Change Rate -0.013535% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $16,001 Land Value $1,867 Improvement Value $14,134 Tax Amount $443.3 Change Rate +1.358104% Assessed CR Tax Rate +0.027705%
Year 2022 Assessed Value $16,001 Land Value $1,867 Improvement Value $14,134 Tax Amount $187.99 Change Rate +0.294519% Assessed CR Tax Rate +0.011749%
Year 2021 Assessed Value $5,323 Land Value $117 Improvement Value $5,206 Tax Amount $145.22 Change Rate +0.045651% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $5,168 Land Value $114 Improvement Value $5,054 Tax Amount $138.88 Change Rate +0.047993% Assessed CR Tax Rate +0.026873%
Year 2019 Assessed Value $5,018 Land Value $111 Improvement Value $4,907 Tax Amount $132.52 Change Rate -0.099973% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $4,872 Land Value $108 Improvement Value $4,764 Tax Amount $147.24 Change Rate +0.03001% Assessed CR Tax Rate +0.030222%
Year 2017 Assessed Value $14,190 Land Value $315 Improvement Value $13,875 Tax Amount $142.95 Change Rate Assessed CR Tax Rate +0.010074%
Year 2016 Assessed Value $13,776 Land Value $306 Improvement Value $13,470 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $13,374 Land Value $297 Improvement Value $13,077 Tax Amount $117.43 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $12,984 Land Value $288 Improvement Value $12,696 Tax Amount Change Rate Assessed CR Tax Rate