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507 W Cochiti Ave; Hobbs, NM Property Details

507 W Cochiti Ave, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 507 W Cochiti Ave is 7,832 square feet.

Off market
507 W Cochiti Ave Hobbs, NM 88240
$66,059 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $237,500
  • Open Loans / Balance: 1 / $166,208
  • Est. Equity / %: $102,792 / 38.21%
  • Inv. Liens: 1
  • APN: 4 000 059 350 001
  • Situs County: Lea
  • Length Of Ownership: 6 years

Measurements

  • Lot: 7,832/SqFt

Legal Description

  • Description: LOS SANTOS SUB-DIV UNIT 2 BLOCK 2A LOT 35
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: 32.733997 / -103.141754
  • Subdivision: Los Santos Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 1233

Ownership Info

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

Taxes

507 W Cochiti Ave has 10 associated Taxes items

507 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 $66,059. The APN we've located for 507 W Cochiti Ave is 4 000 059 350 001.

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Taxes
  • Assessed Value:  $66,059
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 059 350 001
  • Assessed Land Value:  7073
  • Market Land Value:  21219
  • Tax Amount:  1782.87
  • Tax Year:  2025
  • Market Value:  198177
  • Market Year:  2025

Tax History

507 W Cochiti Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,059 Land Value $7,073 Improvement Value $58,986 Tax Amount $1,782.87 Change Rate +0.01715% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $64,135 Land Value $6,867 Improvement Value $57,268 Tax Amount $1,752.81 Change Rate +0.016098% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $62,267 Land Value $6,667 Improvement Value $55,600 Tax Amount $1,725.04 Change Rate +0.012906% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $62,267 Land Value $6,667 Improvement Value $55,600 Tax Amount $1,703.06 Change Rate +0.002567% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $62,267 Land Value $6,667 Improvement Value $55,600 Tax Amount $1,698.7 Change Rate +0.287811% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $49,091 Land Value $3,536 Improvement Value $45,555 Tax Amount $1,319.06 Change Rate +0.017456% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $49,091 Land Value $3,536 Improvement Value $45,555 Tax Amount $1,296.43 Change Rate -0.14035% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $49,091 Land Value $3,536 Improvement Value $45,555 Tax Amount $1,508.09 Change Rate Assessed CR Tax Rate +0.03072%
Year 2017 Assessed Value $147,273 Land Value $10,608 Improvement Value $136,665 Tax Amount $1,508.09 Change Rate Assessed CR Tax Rate +0.01024%
Year 2016 Assessed Value $147,273 Land Value $10,608 Improvement Value $136,665 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $147,273 Land Value $10,608 Improvement Value $136,665 Tax Amount $1,293.05 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $147,273 Land Value $10,608 Improvement Value $136,665 Tax Amount Change Rate Assessed CR Tax Rate