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7220 N Paradise Ave; Hobbs, NM Property Details

7220 N Paradise Ave, Hobbs, NM is a Single Family that was built in 1980. This property is currently Financed and is not for sale. Our records show that 7220 N Paradise Ave has 4 bedrooms, and a total of 1,759 square feet. The lot size of 7220 N Paradise Ave is 41,818 square feet.

Off market
7220 N Paradise Ave Hobbs, NM 88242
$151,000 Listing Price
4 Beds
1,759 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $14,538,200
  • Open Loans / Balance: 1 / $9,921,463
  • Est. Equity / %: $-9,691,463 / -4,213.68%
  • APN: 4 000 431 830 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 4 months

Rooms

  • Bedrooms: 4

Measurements

  • Total: 1,759/SqFt
  • Lot: 41,818/SqFt
  • Price Per Square Foot: $8265.04

Legal Description

  • Description: SECTION-02 TOWNSHIP-18S RANGE-38E .96 AC LOC NE4 TR BEG N89D58W 1980 & S0D4E 156 FROM NE COR SEC 2, TH S0D4E 126,N89D58W 330,
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.78324 / -103.11777
  • Property Class: Residential

Amenities

  • Plus Four: 0554

Ownership Info

7220 N Paradise Ave has no associated ownership info
7220 N Paradise Ave has no associated ownership info.

Taxes

7220 N Paradise Ave has 10 associated Taxes items

7220 N Paradise Ave, 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 $47,719. The APN we've located for 7220 N Paradise Ave is 4 000 431 830 001.

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Taxes
  • Assessed Value:  $47,719
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 431 830 001
  • Assessed Land Value:  5628
  • Market Land Value:  16884
  • Tax Amount:  1104.94
  • Tax Year:  2025
  • Market Value:  143157
  • Market Year:  2025

Tax History

7220 N Paradise Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,719 Land Value $5,628 Improvement Value $42,091 Tax Amount $1,104.94 Change Rate +0.017656% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $46,329 Land Value $5,464 Improvement Value $40,865 Tax Amount $1,085.77 Change Rate +0.016515% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $44,980 Land Value $5,305 Improvement Value $39,675 Tax Amount $1,068.13 Change Rate +0.046848% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $44,980 Land Value $5,305 Improvement Value $39,675 Tax Amount $1,020.33 Change Rate +0.032535% Assessed CR Tax Rate +0.022684%
Year 2021 Assessed Value $42,397 Land Value $5,000 Improvement Value $37,397 Tax Amount $988.18 Change Rate +0.02012% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $42,397 Land Value $5,000 Improvement Value $37,397 Tax Amount $968.69 Change Rate +0.020243% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $42,397 Land Value $5,000 Improvement Value $37,397 Tax Amount $949.47 Change Rate -0.281744% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $42,397 Land Value $5,000 Improvement Value $37,397 Tax Amount $1,321.91 Change Rate Assessed CR Tax Rate +0.031179%
Year 2017 Assessed Value $127,191 Land Value $15,000 Improvement Value $112,191 Tax Amount $1,321.91 Change Rate Assessed CR Tax Rate +0.010393%
Year 2016 Assessed Value $127,191 Land Value $15,000 Improvement Value $112,191 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $127,191 Land Value $15,000 Improvement Value $112,191 Tax Amount $947.4 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $127,191 Land Value $15,000 Improvement Value $112,191 Tax Amount Change Rate Assessed CR Tax Rate