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500 W Cochiti Ave; Hobbs, NM Property Details

500 W Cochiti Ave, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 500 W Cochiti Ave is 8,863 square feet.

Off market
500 W Cochiti Ave Hobbs, NM 88240
$33,887 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $5,067,300
  • Open Loans / Balance: 1 / $654,552
  • Est. Equity / %: $-383,552 / -141.53%
  • Inv. Liens: 1
  • APN: 4 000 059 380 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 8 months

Measurements

  • Lot: 8,863/SqFt

Legal Description

  • Description: LOS SANTOS SUB-DIV UNIT 2 BLOCK 6 LOT 43 1095-HARDIMAN, MELVIN LARRY 11712-THOMPSON, SHANNON D
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: 32.73444 / -103.141525
  • Subdivision: Los Santos Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 1234

Ownership Info

500 W Cochiti Ave has no associated ownership info
500 W Cochiti Ave has no associated ownership info.

Taxes

500 W Cochiti Ave has 10 associated Taxes items

500 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 $33,887. The APN we've located for 500 W Cochiti Ave is 4 000 059 380 001.

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Taxes
  • Assessed Value:  $33,887
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 059 380 001
  • Assessed Land Value:  3757
  • Market Land Value:  11271
  • Tax Amount:  914.59
  • Tax Year:  2025
  • Market Value:  101661
  • Market Year:  2025

Tax History

500 W Cochiti Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,887 Land Value $3,757 Improvement Value $30,130 Tax Amount $914.59 Change Rate +0.017172% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $32,900 Land Value $3,648 Improvement Value $29,252 Tax Amount $899.15 Change Rate +0.016092% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $31,942 Land Value $3,542 Improvement Value $28,400 Tax Amount $884.91 Change Rate +0.043268% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $31,942 Land Value $3,542 Improvement Value $28,400 Tax Amount $848.21 Change Rate +0.032627% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $30,109 Land Value $3,339 Improvement Value $26,770 Tax Amount $821.41 Change Rate +0.045769% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $29,232 Land Value $3,242 Improvement Value $25,990 Tax Amount $785.46 Change Rate +0.047979% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $28,381 Land Value $3,148 Improvement Value $25,233 Tax Amount $749.5 Change Rate -0.125621% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $27,554 Land Value $3,056 Improvement Value $24,498 Tax Amount $857.18 Change Rate +0.030017% Assessed CR Tax Rate +0.031109%
Year 2017 Assessed Value $80,253 Land Value $8,901 Improvement Value $71,352 Tax Amount $832.2 Change Rate Assessed CR Tax Rate +0.01037%
Year 2016 Assessed Value $77,916 Land Value $8,643 Improvement Value $69,273 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $75,645 Land Value $8,391 Improvement Value $67,254 Tax Amount $664.17 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $73,443 Land Value $8,148 Improvement Value $65,295 Tax Amount Change Rate Assessed CR Tax Rate