Taxes
- Assessed Value: $534
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 008 540 001
- Assessed Land Value: 534
- Market Land Value: 1602
- Tax Amount: 18.44
- Tax Year: 2025
- Market Value: 1602
- Market Year: 2025
407 N Thorp 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 $534. The APN we've located for 407 N Thorp St is 4 000 008 540 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $534 | Land Value $534 | Improvement Value | Tax Amount $18.44 | Change Rate -0.864651% | Assessed CR | Tax Rate +0.034532% |
| Year 2024 | Assessed Value $4,985 | Land Value $534 | Improvement Value $4,451 | Tax Amount $136.24 | Change Rate +0.016186% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $4,839 | Land Value $518 | Improvement Value $4,321 | Tax Amount $134.07 | Change Rate +0.043346% | Assessed CR | Tax Rate +0.027706% |
| Year 2022 | Assessed Value $4,839 | Land Value $518 | Improvement Value $4,321 | Tax Amount $128.5 | Change Rate +0.032709% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $4,561 | Land Value $488 | Improvement Value $4,073 | Tax Amount $124.43 | Change Rate +0.045806% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $4,428 | Land Value $474 | Improvement Value $3,954 | Tax Amount $118.98 | Change Rate +0.04782% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $4,299 | Land Value $460 | Improvement Value $3,839 | Tax Amount $113.55 | Change Rate -0.124451% | Assessed CR | Tax Rate +0.026413% |
| Year 2018 | Assessed Value $4,174 | Land Value $447 | Improvement Value $3,727 | Tax Amount $129.69 | Change Rate +0.030103% | Assessed CR | Tax Rate +0.031071% |
| Year 2017 | Assessed Value $12,156 | Land Value $1,302 | Improvement Value $10,854 | Tax Amount $125.9 | Change Rate | Assessed CR | Tax Rate +0.010357% |
| Year 2016 | Assessed Value $11,802 | Land Value $1,263 | Improvement Value $10,539 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $11,460 | Land Value $1,227 | Improvement Value $10,233 | Tax Amount $100.63 | Change Rate | Assessed CR | Tax Rate +0.008781% |
| Year 2014 | Assessed Value $11,127 | Land Value $1,191 | Improvement Value $9,936 | Tax Amount | Change Rate | Assessed CR | Tax Rate |