Taxes
- Assessed Value: $73,044
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 165 270 001
- Assessed Land Value: 5464
- Market Land Value: 16392
- Tax Amount: 1971.38
- Tax Year: 2025
- Market Value: 219132
- Market Year: 2025
506 W Cochiti Ave; Hobbs, NM Property Details
Off market
506 W Cochiti Ave Hobbs, NM 88240
$370,000 Listing Price
4 Beds
3 Baths
2,950 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1976
- Purchase Price: $222,500
- Open Loans / Balance: 1 / $164,356
- Est. Equity / %: $68,644 / 29.46%
- Inv. Liens: 1
- APN: 4 000 165 270 001
- Situs County: Lea
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 3
Measurements
- Total: 2,950/SqFt
- Lot: 8,212/SqFt
- Price Per Square Foot: $75.42
Legal Description
- Description: LOS SANTOS SUB-DIV UNIT 2 BLOCK 6 LOT 44 PHOTO 52417 101316 BANK OF AMERICA 31617 SECRETARY OF HOUSING AND URBAN DEVELOPMENT
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: 32.73447 / -103.14179
- Subdivision: Los Santos Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 1234
Ownership Info
506 W Cochiti Ave has no associated ownership info
506 W Cochiti Ave has no associated ownership info.
Taxes
506 W Cochiti Ave has 10 associated Taxes items
506 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 $73,044. The APN we've located for 506 W Cochiti Ave is 4 000 165 270 001.
Unlock the full reportTax History
506 W Cochiti Ave 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 $73,044 | Land Value $5,464 | Improvement Value $67,580 | Tax Amount $1,971.38 | Change Rate +0.01714% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $70,917 | Land Value $5,305 | Improvement Value $65,612 | Tax Amount $1,938.16 | Change Rate +0.0161% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $68,851 | Land Value $5,150 | Improvement Value $63,701 | Tax Amount $1,907.45 | Change Rate +0.043292% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $68,851 | Land Value $5,150 | Improvement Value $63,701 | Tax Amount $1,828.3 | Change Rate +0.002566% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $66,846 | Land Value $5,000 | Improvement Value $61,846 | Tax Amount $1,823.62 | Change Rate +0.015299% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $66,846 | Land Value $5,000 | Improvement Value $61,846 | Tax Amount $1,796.14 | Change Rate +0.017453% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $66,846 | Land Value $5,000 | Improvement Value $61,846 | Tax Amount $1,765.33 | Change Rate -0.141117% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $66,846 | Land Value $5,000 | Improvement Value $61,846 | Tax Amount $2,055.38 | Change Rate -0.044809% | Assessed CR | Tax Rate +0.030748% |
| Year 2017 | Assessed Value $210,180 | Land Value $15,000 | Improvement Value $195,180 | Tax Amount $2,151.8 | Change Rate | Assessed CR | Tax Rate +0.010238% |
| Year 2016 | Assessed Value $210,180 | Land Value $15,000 | Improvement Value $195,180 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $210,180 | Land Value $15,000 | Improvement Value $195,180 | Tax Amount $1,845.39 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $210,180 | Land Value $15,000 | Improvement Value $195,180 | Tax Amount | Change Rate | Assessed CR | Tax Rate |