Taxes
- Assessed Value: $61,291
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 340 380 001
- Assessed Land Value: 12756
- Market Land Value: 12756
- Tax Amount: 1834.52
- Tax Year: 2025
- Market Value: 158361
- Market Year: 2025
8702 S 2nd 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 $61,291. The APN we've located for 8702 S 2nd St is 4 000 340 380 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $61,291 | Land Value $12,756 | Improvement Value $48,535 | Tax Amount $1,834.52 | Change Rate +0.022165% | Assessed CR | Tax Rate +0.029931% |
| Year 2024 | Assessed Value $70,074 | Land Value $26,922 | Improvement Value $43,152 | Tax Amount $1,794.74 | Change Rate +0.248836% | Assessed CR | Tax Rate +0.025612% |
| Year 2023 | Assessed Value $61,042 | Land Value $26,829 | Improvement Value $34,213 | Tax Amount $1,437.13 | Change Rate +0.110027% | Assessed CR | Tax Rate +0.023543% |
| Year 2022 | Assessed Value $61,042 | Land Value $26,829 | Improvement Value $34,213 | Tax Amount $1,294.68 | Change Rate +0.241006% | Assessed CR | Tax Rate +0.02121% |
| Year 2021 | Assessed Value $52,543 | Land Value $26,652 | Improvement Value $25,891 | Tax Amount $1,043.25 | Change Rate | Assessed CR | Tax Rate +0.019855% |
| Year 2020 | Assessed Value $51,527 | Land Value $16,530 | Improvement Value $34,997 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $41,643 | Land Value $5,482 | Improvement Value $36,161 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $41,089 | Land Value $5,455 | Improvement Value $35,634 | Tax Amount $1,232.67 | Change Rate +0.801754% | Assessed CR | Tax Rate +0.03% |
| Year 2017 | Assessed Value $68,415 | Land Value $16,287 | Improvement Value $52,128 | Tax Amount $684.15 | Change Rate | Assessed CR | Tax Rate +0.01% |
| Year 2016 | Assessed Value $66,849 | Land Value $16,212 | Improvement Value $50,637 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $65,325 | Land Value $16,137 | Improvement Value $49,188 | Tax Amount $613.49 | Change Rate | Assessed CR | Tax Rate +0.009391% |