Taxes
- Assessed Value: $18,958
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 071 140 001
- Assessed Land Value: 876
- Market Land Value: 2628
- Tax Amount: 511.66
- Tax Year: 2025
- Market Value: 56874
- Market Year: 2025
518 E Corbett 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 $18,958. The APN we've located for 518 E Corbett St is 4 000 071 140 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $18,958 | Land Value $876 | Improvement Value $18,082 | Tax Amount $511.66 | Change Rate +0.017217% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $18,405 | Land Value $850 | Improvement Value $17,555 | Tax Amount $503 | Change Rate +0.01608% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $17,869 | Land Value $825 | Improvement Value $17,044 | Tax Amount $495.04 | Change Rate +0.043244% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $17,869 | Land Value $825 | Improvement Value $17,044 | Tax Amount $474.52 | Change Rate +0.032643% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $16,844 | Land Value $778 | Improvement Value $16,066 | Tax Amount $459.52 | Change Rate +0.045766% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $16,353 | Land Value $755 | Improvement Value $15,598 | Tax Amount $439.41 | Change Rate +0.047986% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $15,877 | Land Value $733 | Improvement Value $15,144 | Tax Amount $419.29 | Change Rate -0.107077% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $15,415 | Land Value $712 | Improvement Value $14,703 | Tax Amount $469.57 | Change Rate +0.030007% | Assessed CR | Tax Rate +0.030462% |
| Year 2017 | Assessed Value $44,898 | Land Value $2,073 | Improvement Value $42,825 | Tax Amount $455.89 | Change Rate | Assessed CR | Tax Rate +0.010154% |
| Year 2016 | Assessed Value $43,590 | Land Value $2,013 | Improvement Value $41,577 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $42,318 | Land Value $1,953 | Improvement Value $40,365 | Tax Amount $371.55 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $41,085 | Land Value $1,896 | Improvement Value $39,189 | Tax Amount | Change Rate | Assessed CR | Tax Rate |