Taxes
- Assessed Value: $104,508
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 412 320 001
- Assessed Land Value: 25265
- Market Land Value: 75795
- Tax Amount: 2419.88
- Tax Year: 2025
- Market Value: 313524
- Market Year: 2025
420 W Spears Dr; Hobbs, NM Property Details
Off market
420 W Spears Dr Hobbs, NM 88240
$1,000 Listing Price
3 Beds
1 Baths
2,200 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 1992
- Est. Equity / %: $344,000 / 100%
- Inv. Liens: 1
- APN: 4 000 412 320 001
- Situs County: Lea
- Length Of Ownership: 1 year, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 2,200/SqFt
- Lot: 37,897/SqFt
Legal Description
- Description: SECTION-22 TOWNSHIP-18S RANGE-38E .87 AC LOC NW4 TRACT 1 BEG AT THE NORTHWEST CORNER OF THIS TRACT HEREIN DESCRIBED, BEING A
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: 32.738117 / -103.14011
- Subdivision: Anderson Claim Of Exemption Plat
- Property Class: Residential
Amenities
- Plus Four: 1210
Ownership Info
420 W Spears Dr has no associated ownership info
420 W Spears Dr has no associated ownership info.
Taxes
420 W Spears Dr has 10 associated Taxes items
420 W Spears Dr, 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 $104,508. The APN we've located for 420 W Spears Dr is 4 000 412 320 001.
Unlock the full reportTax History
420 W Spears Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $104,508 | Land Value $25,265 | Improvement Value $79,243 | Tax Amount $2,419.88 | Change Rate -0.011983% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $104,508 | Land Value $25,265 | Improvement Value $79,243 | Tax Amount $2,449.23 | Change Rate -0.013108% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $104,508 | Land Value $25,265 | Improvement Value $79,243 | Tax Amount $2,481.76 | Change Rate +1.156027% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $104,508 | Land Value $25,265 | Improvement Value $79,243 | Tax Amount $1,151.08 | Change Rate +0.032516% | Assessed CR | Tax Rate +0.011014% |
| Year 2021 | Assessed Value $47,830 | Land Value $5,000 | Improvement Value $42,830 | Tax Amount $1,114.83 | Change Rate +0.020131% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $47,830 | Land Value $5,000 | Improvement Value $42,830 | Tax Amount $1,092.83 | Change Rate +0.02023% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $47,830 | Land Value $5,000 | Improvement Value $42,830 | Tax Amount $1,071.16 | Change Rate -0.278632% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $47,830 | Land Value $5,000 | Improvement Value $42,830 | Tax Amount $1,484.9 | Change Rate -0.304724% | Assessed CR | Tax Rate +0.031045% |
| Year 2017 | Assessed Value $205,767 | Land Value $29,409 | Improvement Value $176,358 | Tax Amount $2,135.7 | Change Rate | Assessed CR | Tax Rate +0.010379% |
| Year 2016 | Assessed Value $199,773 | Land Value $28,551 | Improvement Value $171,222 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $193,956 | Land Value $27,720 | Improvement Value $166,236 | Tax Amount $1,400.02 | Change Rate | Assessed CR | Tax Rate +0.007218% |
| Year 2014 | Assessed Value $188,307 | Land Value $26,913 | Improvement Value $161,394 | Tax Amount | Change Rate | Assessed CR | Tax Rate |