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
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.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax 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 |