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702 W Martin St; Hobbs, NM Property Details

702 W Martin St, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 702 W Martin St is 21,683 square feet.

Off market
702 W Martin St Hobbs, NM 88242
$107,993 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $310,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 759 110 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 4 months

Measurements

  • Lot: 21,683/SqFt

Legal Description

  • Description: KNOWLES SUB-DIV UNIT 2 BLOCK 10 LOT 13 32105 TARIN, JOHNNY A ETUX 21921 AFFDTH RIDLEY, RONALD REX 21921 RIDLEY, PATRICIA 8252
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: 32.766556 / -103.14272
  • Subdivision: Knowles Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9441

Ownership Info

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

Taxes

702 W Martin St has 10 associated Taxes items

702 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 $107,993. The APN we've located for 702 W Martin St is 4 000 759 110 001.

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Taxes
  • Assessed Value:  $107,993
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 759 110 001
  • Assessed Land Value:  11890
  • Market Land Value:  35670
  • Tax Amount:  2500.59
  • Tax Year:  2025
  • Market Value:  323979
  • Market Year:  2025

Tax History

702 W Martin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,993 Land Value $11,890 Improvement Value $96,103 Tax Amount $2,500.59 Change Rate -0.008812% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $107,647 Land Value $11,544 Improvement Value $96,103 Tax Amount $2,522.82 Change Rate +23.641727% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $3,536 Land Value $3,536 Improvement Value Tax Amount $102.38 Change Rate +0.044268% Assessed CR Tax Rate +0.028954%
Year 2022 Assessed Value $3,536 Land Value $3,536 Improvement Value Tax Amount $98.04 Change Rate +2.637848% Assessed CR Tax Rate +0.027726%
Year 2021 Assessed Value $943 Land Value $943 Improvement Value Tax Amount $26.95 Change Rate +0.021607% Assessed CR Tax Rate +0.028579%
Year 2020 Assessed Value $943 Land Value $943 Improvement Value Tax Amount $26.38 Change Rate +0.047241% Assessed CR Tax Rate +0.027975%
Year 2019 Assessed Value $916 Land Value $916 Improvement Value Tax Amount $25.19 Change Rate -0.29162% Assessed CR Tax Rate +0.0275%
Year 2018 Assessed Value $889 Land Value $889 Improvement Value Tax Amount $35.56 Change Rate +0.030127% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $2,589 Land Value $2,589 Improvement Value Tax Amount $34.52 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $2,589 Land Value $2,589 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $2,589 Land Value $2,589 Improvement Value Tax Amount $23.69 Change Rate Assessed CR Tax Rate +0.00915%
Year 2014 Assessed Value $2,589 Land Value $2,589 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate