Taxes
- Assessed Value: $61,140
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 433 120 001
- Assessed Land Value: 6978
- Market Land Value: 20934
- Tax Amount: 1369.39
- Tax Year: 2025
- Market Value: 183420
- Market Year: 2025
505 W Sockwell 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 $61,140. The APN we've located for 505 W Sockwell St is 4 000 433 120 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $61,140 | Land Value $6,978 | Improvement Value $54,162 | Tax Amount $1,369.39 | Change Rate +0.018687% | Assessed CR | Tax Rate +0.022398% |
| Year 2024 | Assessed Value $59,359 | Land Value $6,775 | Improvement Value $52,584 | Tax Amount $1,344.27 | Change Rate +0.017585% | Assessed CR | Tax Rate +0.022646% |
| Year 2023 | Assessed Value $57,630 | Land Value $6,578 | Improvement Value $51,052 | Tax Amount $1,321.04 | Change Rate +0.047987% | Assessed CR | Tax Rate +0.022923% |
| Year 2022 | Assessed Value $57,630 | Land Value $6,578 | Improvement Value $51,052 | Tax Amount $1,260.55 | Change Rate +0.03367% | Assessed CR | Tax Rate +0.021873% |
| Year 2021 | Assessed Value $54,321 | Land Value $6,200 | Improvement Value $48,121 | Tax Amount $1,219.49 | Change Rate +0.020127% | Assessed CR | Tax Rate +0.02245% |
| Year 2020 | Assessed Value $54,321 | Land Value $6,200 | Improvement Value $48,121 | Tax Amount $1,195.43 | Change Rate +0.020235% | Assessed CR | Tax Rate +0.022007% |
| Year 2019 | Assessed Value $54,321 | Land Value $6,200 | Improvement Value $48,121 | Tax Amount $1,171.72 | Change Rate -0.299055% | Assessed CR | Tax Rate +0.02157% |
| Year 2018 | Assessed Value $54,321 | Land Value $6,200 | Improvement Value $48,121 | Tax Amount $1,671.63 | Change Rate | Assessed CR | Tax Rate +0.030773% |
| Year 2017 | Assessed Value $162,963 | Land Value $18,600 | Improvement Value $144,363 | Tax Amount $1,671.63 | Change Rate | Assessed CR | Tax Rate +0.010258% |
| Year 2016 | Assessed Value $90,090 | Land Value $5,499 | Improvement Value $84,591 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $87,468 | Land Value $5,340 | Improvement Value $82,128 | Tax Amount $517.43 | Change Rate | Assessed CR | Tax Rate +0.005916% |
| Year 2014 | Assessed Value $84,921 | Land Value $5,184 | Improvement Value $79,737 | Tax Amount | Change Rate | Assessed CR | Tax Rate |