Taxes
- Assessed Value: $58,600
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 770 460 001
- Assessed Land Value: 5628
- Market Land Value: 16884
- Tax Amount: 1356.89
- Tax Year: 2025
- Market Value: 175800
- Market Year: 2025
701 W Illinois St; Hobbs, NM Property Details
Off market
701 W Illinois St Hobbs, NM 88242
$58,600 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1989
- Open Loans / Balance: 1 / $48,312
- Est. Equity / %: $256,688 / 84.16%
- APN: 4 000 770 460 001
- Situs County: Lea
Measurements
- Lot: 34,102/SqFt
Legal Description
- Description: CASITAS DEL NORTE SUB-DIV UNIT 1 LOT 3 1989-SMITH, MARTIN J 81804-JOHNSON, JAMES L 8715-HOWELL, TIMOTHY ET UX PHOTO 92215
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: 32.786808 / -103.143654
- Subdivision: Casitas Del Norte Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 9649
Ownership Info
701 W Illinois St has no associated ownership info
701 W Illinois St has no associated ownership info.
Taxes
701 W Illinois St has 10 associated Taxes items
701 W Illinois 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 $58,600. The APN we've located for 701 W Illinois St is 4 000 770 460 001.
Unlock the full reportTax History
701 W Illinois St 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 $58,600 | Land Value $5,628 | Improvement Value $52,972 | Tax Amount $1,356.89 | Change Rate +0.01767% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $56,893 | Land Value $5,464 | Improvement Value $51,429 | Tax Amount $1,333.33 | Change Rate +0.016506% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $55,236 | Land Value $5,305 | Improvement Value $49,931 | Tax Amount $1,311.68 | Change Rate +0.046832% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $55,236 | Land Value $5,305 | Improvement Value $49,931 | Tax Amount $1,253 | Change Rate +0.032516% | Assessed CR | Tax Rate +0.022684% |
| Year 2021 | Assessed Value $52,065 | Land Value $5,000 | Improvement Value $47,065 | Tax Amount $1,213.54 | Change Rate +0.020142% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $52,065 | Land Value $5,000 | Improvement Value $47,065 | Tax Amount $1,189.58 | Change Rate +0.020232% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $52,065 | Land Value $5,000 | Improvement Value $47,065 | Tax Amount $1,165.99 | Change Rate -0.276659% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $52,065 | Land Value $5,000 | Improvement Value $47,065 | Tax Amount $1,611.95 | Change Rate | Assessed CR | Tax Rate +0.03096% |
| Year 2017 | Assessed Value $156,195 | Land Value $15,000 | Improvement Value $141,195 | Tax Amount $1,611.95 | Change Rate | Assessed CR | Tax Rate +0.01032% |
| Year 2016 | Assessed Value $156,195 | Land Value $15,000 | Improvement Value $141,195 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $156,195 | Land Value $15,000 | Improvement Value $141,195 | Tax Amount $728.54 | Change Rate | Assessed CR | Tax Rate +0.004664% |
| Year 2014 | Assessed Value $103,809 | Land Value $10,608 | Improvement Value $93,201 | Tax Amount | Change Rate | Assessed CR | Tax Rate |