Taxes
- Assessed Value: $64,245
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 151 800 001
- Assessed Land Value: 4798
- Market Land Value: 14394
- Tax Amount: 1410.04
- Tax Year: 2025
- Market Value: 192735
- Market Year: 2025
406 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 $64,245. The APN we've located for 406 W Cochiti Ave is 4 000 151 800 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $64,245 | Land Value $4,798 | Improvement Value $59,447 | Tax Amount $1,410.04 | Change Rate -0.084812% | Assessed CR | Tax Rate +0.021948% |
| Year 2024 | Assessed Value $62,374 | Land Value $4,658 | Improvement Value $57,716 | Tax Amount $1,540.71 | Change Rate +0.019359% | Assessed CR | Tax Rate +0.024701% |
| Year 2023 | Assessed Value $60,557 | Land Value $4,522 | Improvement Value $56,035 | Tax Amount $1,511.45 | Change Rate +0.046754% | Assessed CR | Tax Rate +0.024959% |
| Year 2022 | Assessed Value $60,557 | Land Value $4,522 | Improvement Value $56,035 | Tax Amount $1,443.94 | Change Rate +0.036182% | Assessed CR | Tax Rate +0.023844% |
| Year 2021 | Assessed Value $57,080 | Land Value $4,262 | Improvement Value $52,818 | Tax Amount $1,393.52 | Change Rate +0.049448% | Assessed CR | Tax Rate +0.024413% |
| Year 2020 | Assessed Value $55,418 | Land Value $4,138 | Improvement Value $51,280 | Tax Amount $1,327.86 | Change Rate +0.051829% | Assessed CR | Tax Rate +0.023961% |
| Year 2019 | Assessed Value $53,803 | Land Value $4,017 | Improvement Value $49,786 | Tax Amount $1,262.43 | Change Rate -0.183464% | Assessed CR | Tax Rate +0.023464% |
| Year 2018 | Assessed Value $52,236 | Land Value $3,900 | Improvement Value $48,336 | Tax Amount $1,546.08 | Change Rate +0.031215% | Assessed CR | Tax Rate +0.029598% |
| Year 2017 | Assessed Value $152,142 | Land Value $11,358 | Improvement Value $140,784 | Tax Amount $1,499.28 | Change Rate | Assessed CR | Tax Rate +0.009854% |
| Year 2016 | Assessed Value $147,711 | Land Value $11,028 | Improvement Value $136,683 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $143,409 | Land Value $10,707 | Improvement Value $132,702 | Tax Amount $1,101.1 | Change Rate | Assessed CR | Tax Rate +0.007678% |
| Year 2014 | Assessed Value $139,233 | Land Value $10,395 | Improvement Value $128,838 | Tax Amount | Change Rate | Assessed CR | Tax Rate |