Taxes
- Assessed Value: $30,583
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 408 050 001
- Assessed Land Value: 2923
- Market Land Value: 8769
- Tax Amount: 661.83
- Tax Year: 2025
- Market Value: 91749
- Market Year: 2025
518 W Broom Dr; Hobbs, NM Property Details
Off market
518 W Broom Dr Hobbs, NM 88240
$30,583 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $43,800
- Open Loans / Balance: 1 / $30,120
- Est. Equity / %: $259,880 / 89.61%
- APN: 4 000 408 050 001
- Situs County: Lea
- Length Of Ownership: 5 years
Measurements
- Lot: 24,394/SqFt
Legal Description
- Description: SECTION-15 TOWNSHIP-18S RANGE-38E .56 AC LOC NW4NW4 TR BEG 1655 N & 705.20 E OF 4COR COMM TO SECS 15 & 16 TH N 165,E 72.79,S
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: 32.752235 / -103.14274
- Subdivision: W O Shaw
- Property Class: Residential
Amenities
- Plus Four: 9481
Ownership Info
518 W Broom Dr has no associated ownership info
518 W Broom Dr has no associated ownership info.
Taxes
518 W Broom Dr has 10 associated Taxes items
518 W Broom 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 $30,583. The APN we've located for 518 W Broom Dr is 4 000 408 050 001.
Unlock the full reportTax History
518 W Broom Dr 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 $30,583 | Land Value $2,923 | Improvement Value $27,660 | Tax Amount $661.83 | Change Rate +0.038556% | Assessed CR | Tax Rate +0.02164% |
| Year 2024 | Assessed Value $29,192 | Land Value $2,838 | Improvement Value $26,354 | Tax Amount $637.26 | Change Rate +0.018768% | Assessed CR | Tax Rate +0.02183% |
| Year 2023 | Assessed Value $28,341 | Land Value $2,755 | Improvement Value $25,586 | Tax Amount $625.52 | Change Rate +0.049213% | Assessed CR | Tax Rate +0.022071% |
| Year 2022 | Assessed Value $28,341 | Land Value $2,755 | Improvement Value $25,586 | Tax Amount $596.18 | Change Rate +0.034963% | Assessed CR | Tax Rate +0.021036% |
| Year 2021 | Assessed Value $26,714 | Land Value $2,597 | Improvement Value $24,117 | Tax Amount $576.04 | Change Rate +0.053321% | Assessed CR | Tax Rate +0.021563% |
| Year 2020 | Assessed Value $25,936 | Land Value $2,521 | Improvement Value $23,415 | Tax Amount $546.88 | Change Rate +0.053455% | Assessed CR | Tax Rate +0.021086% |
| Year 2019 | Assessed Value $25,181 | Land Value $2,448 | Improvement Value $22,733 | Tax Amount $519.13 | Change Rate -0.295818% | Assessed CR | Tax Rate +0.020616% |
| Year 2018 | Assessed Value $24,448 | Land Value $2,377 | Improvement Value $22,071 | Tax Amount $737.21 | Change Rate +0.030832% | Assessed CR | Tax Rate +0.030154% |
| Year 2017 | Assessed Value $71,208 | Land Value $6,924 | Improvement Value $64,284 | Tax Amount $715.16 | Change Rate | Assessed CR | Tax Rate +0.010043% |
| Year 2016 | Assessed Value $69,135 | Land Value $6,723 | Improvement Value $62,412 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $67,122 | Land Value $6,528 | Improvement Value $60,594 | Tax Amount $455.29 | Change Rate | Assessed CR | Tax Rate +0.006783% |
| Year 2014 | Assessed Value $65,169 | Land Value $6,339 | Improvement Value $58,830 | Tax Amount | Change Rate | Assessed CR | Tax Rate |