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7835 N Kornegay Ln; Hobbs, NM Property Details

7835 N Kornegay Ln, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 7835 N Kornegay Ln is 435,600 square feet.

Off market
7835 N Kornegay Ln Hobbs, NM 88242
$164,620 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $517,500
  • Open Loans / Balance: 1 / $371,353
  • Est. Equity / %: $259,647 / 41.15%
  • APN: 4 900 406 133 623
  • Situs County: Lea
  • Length Of Ownership: 5 years, 2 months

Measurements

  • Lot: 435,600/SqFt

Legal Description

  • Description: SECTION-35 TOWNSHIP-17S RANGE-38E 10.00 AC LOC NW4SE4 TRACT 1 COMMENCING AT THE EAST QUARTER CORNER OF SAID SEC 35 TH S89D192
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: 32.790672 / -103.11698
  • Property Class: Residential

Amenities

  • Plus Four: 0778

Ownership Info

7835 N Kornegay Ln has no associated ownership info
7835 N Kornegay Ln has no associated ownership info.

Taxes

7835 N Kornegay Ln has 10 associated Taxes items

7835 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 $164,620. The APN we've located for 7835 N Kornegay Ln is 4 900 406 133 623.

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Taxes
  • Assessed Value:  $164,620
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 900 406 133 623
  • Assessed Land Value:  17167
  • Market Land Value:  51501
  • Tax Amount:  3811.77
  • Tax Year:  2025
  • Market Value:  493860
  • Market Year:  2025

Tax History

7835 N Kornegay Ln has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $164,620 Land Value $17,167 Improvement Value $147,453 Tax Amount $3,811.77 Change Rate +0.269346% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $128,134 Land Value $17,167 Improvement Value $110,967 Tax Amount $3,002.94 Change Rate -0.0131% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $128,134 Land Value $17,167 Improvement Value $110,967 Tax Amount $3,042.8 Change Rate +0.01635% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $128,134 Land Value $17,167 Improvement Value $110,967 Tax Amount $2,993.85 Change Rate +5.104541% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $17,167 Land Value $17,167 Improvement Value Tax Amount $490.43 Change Rate Assessed CR Tax Rate +0.028568%