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702 E Seco Dr; Hobbs, NM Property Details

702 E Seco Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 702 E Seco Dr is 11,916 square feet.

Off market  •   Pre Probate ✓
702 E Seco Dr Hobbs, NM 88240
$60,128 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $18,000,000
  • Open Loans / Balance: 1 / $103,828
  • Est. Equity / %: $150,172 / 59.12%
  • APN: 4 000 047 750 001
  • Situs County: Lea
  • Length Of Ownership: 16 years, 1 months

Measurements

  • Lot: 11,916/SqFt

Legal Description

  • Description: BROADMOOR ADD UNIT 10 BLOCK 52B LOT 5 111008-JOHNSON, LAWRENCE HANFORD 5109-T O D BK 1629 PG 482 6910-JOHNSON, JOYCE HOWARD P
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: 32.71736 / -103.128914
  • Subdivision: Broadmoor Add
  • Property Class: Residential

Amenities

  • Plus Four: 4034

Ownership Info

702 E Seco Dr has no associated ownership info
702 E Seco Dr has no associated ownership info.

Taxes

702 E Seco Dr has 10 associated Taxes items

702 E Seco Dr, 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 $60,128. The APN we've located for 702 E Seco Dr is 4 000 047 750 001.

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Taxes
  • Assessed Value:  $60,128
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 047 750 001
  • Assessed Land Value:  6956
  • Market Land Value:  20868
  • Tax Amount:  1622.78
  • Tax Year:  2025
  • Market Value:  180384
  • Market Year:  2025

Tax History

702 E Seco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,128 Land Value $6,956 Improvement Value $53,172 Tax Amount $1,622.78 Change Rate +0.017155% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $58,376 Land Value $6,753 Improvement Value $51,623 Tax Amount $1,595.41 Change Rate +0.016107% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $56,675 Land Value $6,556 Improvement Value $50,119 Tax Amount $1,570.12 Change Rate +0.043297% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $56,675 Land Value $6,556 Improvement Value $50,119 Tax Amount $1,504.96 Change Rate +0.032626% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $53,422 Land Value $6,180 Improvement Value $47,242 Tax Amount $1,457.41 Change Rate +0.045758% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $51,866 Land Value $6,000 Improvement Value $45,866 Tax Amount $1,393.64 Change Rate +0.017463% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $51,866 Land Value $6,000 Improvement Value $45,866 Tax Amount $1,369.72 Change Rate -0.15239% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $51,866 Land Value $6,000 Improvement Value $45,866 Tax Amount $1,615.98 Change Rate Assessed CR Tax Rate +0.031157%
Year 2017 Assessed Value $155,598 Land Value $18,000 Improvement Value $137,598 Tax Amount $1,615.98 Change Rate Assessed CR Tax Rate +0.010386%
Year 2016 Assessed Value $155,598 Land Value $18,000 Improvement Value $137,598 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $155,598 Land Value $18,000 Improvement Value $137,598 Tax Amount $1,366.14 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $155,598 Land Value $18,000 Improvement Value $137,598 Tax Amount Change Rate Assessed CR Tax Rate