Taxes
- Assessed Value: $68,410
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 421 400 001
- Assessed Land Value: 9105
- Market Land Value: 27315
- Tax Amount: 1584.04
- Tax Year: 2025
- Market Value: 205230
- Market Year: 2025
7425 N Kornegay Ln; Hobbs, NM Property Details
Off market
7425 N Kornegay Ln Hobbs, NM 88242
$411,000 Listing Price
3 Beds
2 Baths
2,444 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1943
- Purchase Price: $426,930
- Open Loans / Balance: 1 / $319,405
- Est. Equity / %: $34,595 / 9.77%
- APN: 4 000 421 400 001
- Situs County: Lea
- Length Of Ownership: 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Total: 2,444/SqFt
- Lot: 87,120/SqFt
- Price Per Square Foot: $174.68
Legal Description
- Description: SECTION-35 TOWNSHIP-17S RANGE-38E 2.00 AC LOC NW4SE4 TRACT 3 COMMENCING AT THE EAST QUARTER CORNER OF SEC 35 THENCE S89D1922W
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: D / Undetermined Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.788265 / -103.11513
- Subdivision: Nw/4se/4 S35t17sr38e Nmpm
- Property Class: Residential
Amenities
- Plus Four: 0662
Ownership Info
7425 N Kornegay Ln has no associated ownership info
7425 N Kornegay Ln has no associated ownership info.
Taxes
7425 N Kornegay Ln has 10 associated Taxes items
7425 N Kornegay Ln, 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 $68,410. The APN we've located for 7425 N Kornegay Ln is 4 000 421 400 001.
Unlock the full reportTax History
7425 N Kornegay Ln 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 $68,410 | Land Value $9,105 | Improvement Value $59,305 | Tax Amount $1,584.04 | Change Rate +0.017648% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $66,418 | Land Value $8,840 | Improvement Value $57,578 | Tax Amount $1,556.57 | Change Rate +0.016496% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $64,484 | Land Value $8,583 | Improvement Value $55,901 | Tax Amount $1,531.31 | Change Rate +0.046849% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $64,484 | Land Value $8,583 | Improvement Value $55,901 | Tax Amount $1,462.78 | Change Rate +0.002447% | Assessed CR | Tax Rate +0.022684% |
| Year 2021 | Assessed Value $62,606 | Land Value $8,333 | Improvement Value $54,273 | Tax Amount $1,459.21 | Change Rate +0.002425% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $85,122 | Land Value $30,849 | Improvement Value $54,273 | Tax Amount $1,455.68 | Change Rate +0.716563% | Assessed CR | Tax Rate +0.017101% |
| Year 2019 | Assessed Value $37,647 | Land Value $2,810 | Improvement Value $34,837 | Tax Amount $848.02 | Change Rate -0.227204% | Assessed CR | Tax Rate +0.022526% |
| Year 2018 | Assessed Value $36,578 | Land Value $2,756 | Improvement Value $33,822 | Tax Amount $1,097.34 | Change Rate +0.029178% | Assessed CR | Tax Rate +0.03% |
| Year 2017 | Assessed Value $106,623 | Land Value $8,112 | Improvement Value $98,511 | Tax Amount $1,066.23 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2016 | Assessed Value $103,602 | Land Value $7,959 | Improvement Value $95,643 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $100,668 | Land Value $7,812 | Improvement Value $92,856 | Tax Amount $620.67 | Change Rate | Assessed CR | Tax Rate +0.006166% |
| Year 2014 | Assessed Value $97,818 | Land Value $7,668 | Improvement Value $90,150 | Tax Amount | Change Rate | Assessed CR | Tax Rate |