Taxes
- Assessed Value: $20,134
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 146 660 001
- Assessed Land Value: 695
- Market Land Value: 2085
- Tax Amount: 694.56
- Tax Year: 2025
- Market Value: 60402
- Market Year: 2025
602 S Gibbs St; Hobbs, NM Property Details
Off market
602 S Gibbs St Hobbs, NM 88240
$20,134 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1977
- Est. Equity / %: $94,000 / 100%
- APN: 4 000 146 660 001
- Situs County: Lea
Measurements
- Lot: 9,148/SqFt
Legal Description
- Description: SECTION-05 TOWNSHIP-19S RANGE-38E .21 AC LOC NE4NW4 TR BEG S OD4 W 450 & E 2390 FROM NW COR SEC 5, TH SOD4W 100, E 90, NOD4E
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: 32.69522 / -103.17127
- Property Class: Residential
Ownership Info
602 S Gibbs St has no associated ownership info
602 S Gibbs St has no associated ownership info.
Taxes
602 S Gibbs St has 10 associated Taxes items
602 S Gibbs 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 $20,134. The APN we've located for 602 S Gibbs St is 4 000 146 660 001.
Unlock the full reportTax History
602 S Gibbs St has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $20,134 | Land Value $695 | Improvement Value $19,439 | Tax Amount $694.56 | Change Rate -0.000273% | Assessed CR | Tax Rate +0.034497% |
| Year 2024 | Assessed Value $20,134 | Land Value $695 | Improvement Value $19,439 | Tax Amount $694.75 | Change Rate +0.123882% | Assessed CR | Tax Rate +0.034506% |
| Year 2023 | Assessed Value $17,913 | Land Value $675 | Improvement Value $17,238 | Tax Amount $618.17 | Change Rate +0.042111% | Assessed CR | Tax Rate +0.03451% |
| Year 2022 | Assessed Value $17,913 | Land Value $675 | Improvement Value $17,238 | Tax Amount $593.19 | Change Rate +0.033396% | Assessed CR | Tax Rate +0.033115% |
| Year 2021 | Assessed Value $16,822 | Land Value $636 | Improvement Value $16,186 | Tax Amount $574.02 | Change Rate +0.018922% | Assessed CR | Tax Rate +0.034123% |
| Year 2020 | Assessed Value $16,803 | Land Value $617 | Improvement Value $16,186 | Tax Amount $563.36 | Change Rate +0.044575% | Assessed CR | Tax Rate +0.033527% |
| Year 2019 | Assessed Value $16,314 | Land Value $599 | Improvement Value $15,715 | Tax Amount $539.32 | Change Rate -0.105368% | Assessed CR | Tax Rate +0.033059% |
| Year 2018 | Assessed Value $15,071 | Land Value $582 | Improvement Value $14,489 | Tax Amount $602.84 | Change Rate +0.030003% | Assessed CR | Tax Rate +0.04% |
| Year 2017 | Assessed Value $43,896 | Land Value $1,695 | Improvement Value $42,201 | Tax Amount $585.28 | Change Rate +0.119767% | Assessed CR | Tax Rate +0.013333% |
| Year 2015 | Assessed Value $47,523 | Land Value $1,647 | Improvement Value $45,876 | Tax Amount $522.68 | Change Rate | Assessed CR | Tax Rate +0.010998% |
| Year 2014 | Assessed Value $42,615 | Land Value $1,647 | Improvement Value $40,968 | Tax Amount | Change Rate | Assessed CR | Tax Rate |