Taxes
- Assessed Value: $44,329
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 408 520 001
- Assessed Land Value: 659
- Market Land Value: 1977
- Tax Amount: 980.13
- Tax Year: 2025
- Market Value: 132987
- Market Year: 2025
500 W Illinois 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 $44,329. The APN we've located for 500 W Illinois St is 4 000 408 520 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $44,329 | Land Value $659 | Improvement Value $43,670 | Tax Amount $980.13 | Change Rate +0.01909% | Assessed CR | Tax Rate +0.02211% |
| Year 2024 | Assessed Value $43,038 | Land Value $640 | Improvement Value $42,398 | Tax Amount $961.77 | Change Rate +0.018015% | Assessed CR | Tax Rate +0.022347% |
| Year 2023 | Assessed Value $41,784 | Land Value $621 | Improvement Value $41,163 | Tax Amount $944.75 | Change Rate +0.048418% | Assessed CR | Tax Rate +0.02261% |
| Year 2022 | Assessed Value $41,784 | Land Value $621 | Improvement Value $41,163 | Tax Amount $901.12 | Change Rate +0.034142% | Assessed CR | Tax Rate +0.021566% |
| Year 2021 | Assessed Value $39,385 | Land Value $585 | Improvement Value $38,800 | Tax Amount $871.37 | Change Rate +0.052417% | Assessed CR | Tax Rate +0.022124% |
| Year 2020 | Assessed Value $38,238 | Land Value $568 | Improvement Value $37,670 | Tax Amount $827.97 | Change Rate +0.05258% | Assessed CR | Tax Rate +0.021653% |
| Year 2019 | Assessed Value $37,124 | Land Value $551 | Improvement Value $36,573 | Tax Amount $786.61 | Change Rate -0.262535% | Assessed CR | Tax Rate +0.021189% |
| Year 2018 | Assessed Value $36,043 | Land Value $535 | Improvement Value $35,508 | Tax Amount $1,066.64 | Change Rate +0.03059% | Assessed CR | Tax Rate +0.029594% |
| Year 2017 | Assessed Value $104,979 | Land Value $1,557 | Improvement Value $103,422 | Tax Amount $1,034.98 | Change Rate | Assessed CR | Tax Rate +0.009859% |
| Year 2016 | Assessed Value $101,922 | Land Value $1,512 | Improvement Value $100,410 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $98,952 | Land Value $1,467 | Improvement Value $97,485 | Tax Amount $692.38 | Change Rate | Assessed CR | Tax Rate +0.006997% |
| Year 2014 | Assessed Value $96,072 | Land Value $1,425 | Improvement Value $94,647 | Tax Amount | Change Rate | Assessed CR | Tax Rate |