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700 W Martin St; Hobbs, NM Property Details

700 W Martin St, Hobbs, NM is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. The lot size of 700 W Martin St is 20,060 square feet.

Off market
700 W Martin St Hobbs, NM 88242
$42,055 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Est. Equity / %: $344,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 758 560 001
  • Situs County: Lea
  • Length Of Ownership: 7 months

Measurements

  • Lot: 20,060/SqFt

Legal Description

  • Description: KNOWLES SUB-DIV UNIT 2 BLOCK 10 LOT 14 1987-FLORES, ALFRED 796-VILLALPANDO, PERRY R 6203-WESTON, RICHARD A
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: 32.766453 / -103.142365
  • Subdivision: Knowles Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9441

Ownership Info

700 W Martin St has no associated ownership info
700 W Martin St has no associated ownership info.

Taxes

700 W Martin St has 10 associated Taxes items

700 W Martin 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 $42,055. The APN we've located for 700 W Martin St is 4 000 758 560 001.

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Taxes
  • Assessed Value:  $42,055
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 758 560 001
  • Assessed Land Value:  1635
  • Market Land Value:  4905
  • Tax Amount:  927.46
  • Tax Year:  2025
  • Market Value:  126165
  • Market Year:  2025

Tax History

700 W Martin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,055 Land Value $1,635 Improvement Value $40,420 Tax Amount $927.46 Change Rate +0.019164% Assessed CR Tax Rate +0.022054%
Year 2024 Assessed Value $40,830 Land Value $1,587 Improvement Value $39,243 Tax Amount $910.02 Change Rate +0.01809% Assessed CR Tax Rate +0.022288%
Year 2023 Assessed Value $39,641 Land Value $1,541 Improvement Value $38,100 Tax Amount $893.85 Change Rate +0.048517% Assessed CR Tax Rate +0.022549%
Year 2022 Assessed Value $39,641 Land Value $1,541 Improvement Value $38,100 Tax Amount $852.49 Change Rate +0.034224% Assessed CR Tax Rate +0.021505%
Year 2021 Assessed Value $37,365 Land Value $1,452 Improvement Value $35,913 Tax Amount $824.28 Change Rate +0.052505% Assessed CR Tax Rate +0.02206%
Year 2020 Assessed Value $36,277 Land Value $1,410 Improvement Value $34,867 Tax Amount $783.16 Change Rate +0.052691% Assessed CR Tax Rate +0.021588%
Year 2019 Assessed Value $35,220 Land Value $1,369 Improvement Value $33,851 Tax Amount $743.96 Change Rate -0.26999% Assessed CR Tax Rate +0.021123%
Year 2018 Assessed Value $34,194 Land Value $1,329 Improvement Value $32,865 Tax Amount $1,019.11 Change Rate +0.030612% Assessed CR Tax Rate +0.029804%
Year 2017 Assessed Value $99,594 Land Value $3,870 Improvement Value $95,724 Tax Amount $988.84 Change Rate Assessed CR Tax Rate +0.009929%
Year 2016 Assessed Value $96,693 Land Value $3,756 Improvement Value $92,937 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $93,879 Land Value $3,648 Improvement Value $90,231 Tax Amount $654.6 Change Rate Assessed CR Tax Rate +0.006973%
Year 2014 Assessed Value $91,146 Land Value $3,543 Improvement Value $87,603 Tax Amount Change Rate Assessed CR Tax Rate