Taxes
- Assessed Value: $46,312
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 423 820 001
- Assessed Land Value: 1452
- Market Land Value: 4356
- Tax Amount: 1072.35
- Tax Year: 2025
- Market Value: 138936
- Market Year: 2025
409 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 $46,312. The APN we've located for 409 W Martin St is 4 000 423 820 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $46,312 | Land Value $1,452 | Improvement Value $44,860 | Tax Amount $1,072.35 | Change Rate +0.017651% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $44,963 | Land Value $1,410 | Improvement Value $43,553 | Tax Amount $1,053.75 | Change Rate +0.016515% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $43,653 | Land Value $1,369 | Improvement Value $42,284 | Tax Amount $1,036.63 | Change Rate +0.046858% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $43,653 | Land Value $1,369 | Improvement Value $42,284 | Tax Amount $990.23 | Change Rate +0.032554% | Assessed CR | Tax Rate +0.022684% |
| Year 2021 | Assessed Value $41,146 | Land Value $1,290 | Improvement Value $39,856 | Tax Amount $959.01 | Change Rate +0.050728% | Assessed CR | Tax Rate +0.023307% |
| Year 2020 | Assessed Value $39,947 | Land Value $1,252 | Improvement Value $38,695 | Tax Amount $912.71 | Change Rate +0.050819% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $38,784 | Land Value $1,216 | Improvement Value $37,568 | Tax Amount $868.57 | Change Rate -0.239071% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $37,655 | Land Value $1,181 | Improvement Value $36,474 | Tax Amount $1,141.46 | Change Rate +0.029975% | Assessed CR | Tax Rate +0.030314% |
| Year 2017 | Assessed Value $109,677 | Land Value $3,441 | Improvement Value $106,236 | Tax Amount $1,108.24 | Change Rate | Assessed CR | Tax Rate +0.010105% |
| Year 2016 | Assessed Value $106,485 | Land Value $3,342 | Improvement Value $103,143 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $103,386 | Land Value $3,246 | Improvement Value $100,140 | Tax Amount $770.08 | Change Rate | Assessed CR | Tax Rate +0.007449% |
| Year 2014 | Assessed Value $100,374 | Land Value $3,150 | Improvement Value $97,224 | Tax Amount | Change Rate | Assessed CR | Tax Rate |