Taxes
- Assessed Value: $1,895
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 202 125 001
- Assessed Land Value: 568
- Market Land Value: 1704
- Tax Amount: 41
- Tax Year: 2025
- Market Value: 5685
- Market Year: 2025
418 S 1st 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 $1,895. The APN we've located for 418 S 1st St is 4 000 202 125 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,895 | Land Value $568 | Improvement Value $1,327 | Tax Amount $41 | Change Rate | Assessed CR | Tax Rate +0.021636% |
| Year 2024 | Assessed Value $1,839 | Land Value $551 | Improvement Value $1,288 | Tax Amount $41 | Change Rate -0.025897% | Assessed CR | Tax Rate +0.022295% |
| Year 2023 | Assessed Value $1,785 | Land Value $535 | Improvement Value $1,250 | Tax Amount $42.09 | Change Rate +0.030607% | Assessed CR | Tax Rate +0.02358% |
| Year 2022 | Assessed Value $1,785 | Land Value $535 | Improvement Value $1,250 | Tax Amount $40.84 | Change Rate -0.083483% | Assessed CR | Tax Rate +0.02288% |
| Year 2021 | Assessed Value $1,683 | Land Value $504 | Improvement Value $1,179 | Tax Amount $44.56 | Change Rate +0.019913% | Assessed CR | Tax Rate +0.026477% |
| Year 2020 | Assessed Value $1,634 | Land Value $489 | Improvement Value $1,145 | Tax Amount $43.69 | Change Rate +0.024625% | Assessed CR | Tax Rate +0.026738% |
| Year 2019 | Assessed Value $1,587 | Land Value $475 | Improvement Value $1,112 | Tax Amount $42.64 | Change Rate -0.16129% | Assessed CR | Tax Rate +0.026868% |
| Year 2018 | Assessed Value $1,541 | Land Value $461 | Improvement Value $1,080 | Tax Amount $50.84 | Change Rate +0.029358% | Assessed CR | Tax Rate +0.032992% |
| Year 2017 | Assessed Value $4,491 | Land Value $1,344 | Improvement Value $3,147 | Tax Amount $49.39 | Change Rate | Assessed CR | Tax Rate +0.010998% |
| Year 2016 | Assessed Value $4,359 | Land Value $1,305 | Improvement Value $3,054 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $4,230 | Land Value $1,266 | Improvement Value $2,964 | Tax Amount $36.28 | Change Rate | Assessed CR | Tax Rate +0.008577% |
| Year 2014 | Assessed Value $4,107 | Land Value $1,230 | Improvement Value $2,877 | Tax Amount | Change Rate | Assessed CR | Tax Rate |