Taxes
- Assessed Value: $21,894
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 020 050 001
- Assessed Land Value: 2758
- Market Land Value: 8274
- Tax Amount: 590.9
- Tax Year: 2025
- Market Value: 65682
- Market Year: 2025
700 W Iron 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 $21,894. The APN we've located for 700 W Iron Ave is 4 000 020 050 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $21,894 | Land Value $2,758 | Improvement Value $19,136 | Tax Amount $590.9 | Change Rate +0.017127% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $21,257 | Land Value $2,678 | Improvement Value $18,579 | Tax Amount $580.95 | Change Rate +0.016073% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $20,638 | Land Value $2,600 | Improvement Value $18,038 | Tax Amount $571.76 | Change Rate +0.043301% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $20,638 | Land Value $2,600 | Improvement Value $18,038 | Tax Amount $548.03 | Change Rate +0.032636% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $19,453 | Land Value $2,450 | Improvement Value $17,003 | Tax Amount $530.71 | Change Rate +0.019068% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $19,382 | Land Value $2,379 | Improvement Value $17,003 | Tax Amount $520.78 | Change Rate +0.04791% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $18,818 | Land Value $2,310 | Improvement Value $16,508 | Tax Amount $496.97 | Change Rate -0.128933% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $18,270 | Land Value $2,243 | Improvement Value $16,027 | Tax Amount $570.53 | Change Rate +0.029986% | Assessed CR | Tax Rate +0.031228% |
| Year 2017 | Assessed Value $53,214 | Land Value $6,534 | Improvement Value $46,680 | Tax Amount $553.92 | Change Rate -0.49607% | Assessed CR | Tax Rate +0.010409% |
| Year 2016 | Assessed Value $51,666 | Land Value $6,345 | Improvement Value $45,321 | Tax Amount $1,099.2 | Change Rate -0.007754% | Assessed CR | Tax Rate +0.021275% |
| Year 2015 | Assessed Value $50,160 | Land Value $6,159 | Improvement Value $44,001 | Tax Amount $1,107.79 | Change Rate +0.08542% | Assessed CR | Tax Rate +0.022085% |
| Year 2014 | Assessed Value $48,699 | Land Value $5,979 | Improvement Value $42,720 | Tax Amount $1,020.61 | Change Rate | Assessed CR | Tax Rate +0.020958% |