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702 E Aspen St; Hobbs, NM Property Details

702 E Aspen St, Hobbs, NM is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 702 E Aspen St has 3 bedrooms, and 2 bathrooms, and a total of 2,059 square feet. The lot size of 702 E Aspen St is 4,397 square feet.

Off market  •   Bankruptcy ✓
702 E Aspen St Hobbs, NM 88240
$175,750 Listing Price
3 Beds
2 Baths
2,059 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $174,900
  • Open Loans / Balance: 1 / $150,645
  • Est. Equity / %: $91,355 / 37.75%
  • Inv. Liens: 1
  • APN: 4 000 071 350 001
  • Situs County: Lea
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,059/SqFt
  • Lot: 4,397/SqFt
  • Price Per Square Foot: $84.94

Legal Description

  • Description: BELMONT ADD UNIT 4 BLOCK 6 LOT 16 W 50.85 OF 16
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: 32.735554 / -103.129776
  • Subdivision: Belmont Add
  • Property Class: Residential

Amenities

  • Plus Four: 1459

Ownership Info

702 E Aspen St has no associated ownership info
702 E Aspen St has no associated ownership info.

Taxes

702 E Aspen St has 10 associated Taxes items

702 E Aspen 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 $55,408. The APN we've located for 702 E Aspen St is 4 000 071 350 001.

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Taxes
  • Assessed Value:  $55,408
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 071 350 001
  • Assessed Land Value:  6215
  • Market Land Value:  18645
  • Tax Amount:  1495.39
  • Tax Year:  2025
  • Market Value:  166224
  • Market Year:  2025

Tax History

702 E Aspen St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,408 Land Value $6,215 Improvement Value $49,193 Tax Amount $1,495.39 Change Rate +0.017154% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $53,794 Land Value $6,034 Improvement Value $47,760 Tax Amount $1,470.17 Change Rate +0.016083% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $52,227 Land Value $5,858 Improvement Value $46,369 Tax Amount $1,446.9 Change Rate +0.012909% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $52,227 Land Value $5,858 Improvement Value $46,369 Tax Amount $1,428.46 Change Rate +0.002562% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $52,227 Land Value $5,858 Improvement Value $46,369 Tax Amount $1,424.81 Change Rate +0.658607% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $31,970 Land Value $1,095 Improvement Value $30,875 Tax Amount $859.04 Change Rate +0.04798% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $31,039 Land Value $1,063 Improvement Value $29,976 Tax Amount $819.71 Change Rate -0.103525% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $30,135 Land Value $1,032 Improvement Value $29,103 Tax Amount $914.37 Change Rate +0.030009% Assessed CR Tax Rate +0.030342%
Year 2017 Assessed Value $87,771 Land Value $3,006 Improvement Value $84,765 Tax Amount $887.73 Change Rate Assessed CR Tax Rate +0.010114%
Year 2016 Assessed Value $85,215 Land Value $2,919 Improvement Value $82,296 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $82,734 Land Value $2,835 Improvement Value $79,899 Tax Amount $726.42 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $82,734 Land Value $2,835 Improvement Value $79,899 Tax Amount Change Rate Assessed CR Tax Rate