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518 E Seco Dr; Hobbs, NM Property Details

518 E Seco Dr, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 518 E Seco Dr is 7,676 square feet.

Off market
518 E Seco Dr Hobbs, NM 88240
$31,521 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $9,731,400
  • Open Loans / Balance: 1 / $7,273,251
  • Est. Equity / %: $-6,957,251 / -2,201.66%
  • APN: 4 000 020 670 001
  • Situs County: Lea
  • Length Of Ownership: 11 years, 1 months

Measurements

  • Lot: 7,676/SqFt

Legal Description

  • Description: BROADMOOR ADD UNIT 7 BLOCK 18A LOT 2
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: 32.717365 / -103.13083
  • Subdivision: Broadmoor Add
  • Property Class: Residential

Amenities

  • Plus Four: 4030

Ownership Info

518 E Seco Dr has no associated ownership info
518 E Seco Dr has no associated ownership info.

Taxes

518 E Seco Dr has 10 associated Taxes items

518 E Seco Dr, 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 $31,521. The APN we've located for 518 E Seco Dr is 4 000 020 670 001.

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Taxes
  • Assessed Value:  $31,521
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 020 670 001
  • Assessed Land Value:  3527
  • Market Land Value:  10581
  • Tax Amount:  526.85
  • Tax Year:  2025
  • Market Value:  94563
  • Market Year:  2025

Tax History

518 E Seco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,521 Land Value $3,527 Improvement Value $27,994 Tax Amount $526.85 Change Rate -0.216475% Assessed CR Tax Rate +0.016714%
Year 2024 Assessed Value $30,603 Land Value $3,424 Improvement Value $27,179 Tax Amount $672.41 Change Rate +0.023642% Assessed CR Tax Rate +0.021972%
Year 2023 Assessed Value $29,711 Land Value $3,324 Improvement Value $26,387 Tax Amount $656.88 Change Rate +0.051294% Assessed CR Tax Rate +0.022109%
Year 2022 Assessed Value $29,711 Land Value $3,324 Improvement Value $26,387 Tax Amount $624.83 Change Rate +0.040828% Assessed CR Tax Rate +0.02103%
Year 2021 Assessed Value $28,005 Land Value $3,133 Improvement Value $24,872 Tax Amount $600.32 Change Rate +0.015306% Assessed CR Tax Rate +0.021436%
Year 2020 Assessed Value $28,005 Land Value $3,133 Improvement Value $24,872 Tax Amount $591.27 Change Rate +0.017431% Assessed CR Tax Rate +0.021113%
Year 2019 Assessed Value $28,005 Land Value $3,133 Improvement Value $24,872 Tax Amount $581.14 Change Rate -0.283852% Assessed CR Tax Rate +0.020751%
Year 2018 Assessed Value $28,005 Land Value $3,133 Improvement Value $24,872 Tax Amount $811.48 Change Rate Assessed CR Tax Rate +0.028976%
Year 2017 Assessed Value $84,015 Land Value $9,399 Improvement Value $74,616 Tax Amount $811.48 Change Rate Assessed CR Tax Rate +0.009659%
Year 2016 Assessed Value $84,015 Land Value $9,399 Improvement Value $74,616 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $84,015 Land Value $9,399 Improvement Value $74,616 Tax Amount $285.52 Change Rate Assessed CR Tax Rate +0.003398%
Year 2014 Assessed Value $37,398 Land Value $5,580 Improvement Value $31,818 Tax Amount Change Rate Assessed CR Tax Rate