Taxes
- Assessed Value: $58,517
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 712
- Assessed Land Value: 11941
- Market Land Value: 35823
- Tax Amount: 1354.97
- Tax Year: 2025
- Market Value: 175551
- Market Year: 2025
107 W Cottonwood Ln; Hobbs, NM Property Details
Off market
107 W Cottonwood Ln Hobbs, NM 88242
$58,517 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $181,600
- Open Loans / Balance: 1 / $151,396
- Est. Equity / %: $94,604 / 38.46%
- APN: 4 981 211 103 712
- Situs County: Lea
- Length Of Ownership: 6 years, 7 months
Measurements
- Lot: 100,576/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 16 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 112719 REDESC FR 42038 112719 YMH IN
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: 32.78834 / -103.13659
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8097
Ownership Info
107 W Cottonwood Ln has no associated ownership info
107 W Cottonwood Ln has no associated ownership info.
Taxes
107 W Cottonwood Ln has 10 associated Taxes items
107 W Cottonwood 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 $58,517. The APN we've located for 107 W Cottonwood Ln is 4 981 211 103 712.
Unlock the full reportTax History
107 W Cottonwood Ln has 7 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $58,517 | Land Value $11,941 | Improvement Value $46,576 | Tax Amount $1,354.97 | Change Rate +0.012729% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $57,089 | Land Value $11,593 | Improvement Value $45,496 | Tax Amount $1,337.94 | Change Rate -0.00722% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $56,751 | Land Value $11,255 | Improvement Value $45,496 | Tax Amount $1,347.67 | Change Rate +0.022255% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $56,751 | Land Value $11,255 | Improvement Value $45,496 | Tax Amount $1,318.33 | Change Rate +0.213161% | Assessed CR | Tax Rate +0.02323% |
| Year 2021 | Assessed Value $46,623 | Land Value $10,609 | Improvement Value $36,014 | Tax Amount $1,086.69 | Change Rate +0.026933% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $46,314 | Land Value $10,300 | Improvement Value $36,014 | Tax Amount $1,058.19 | Change Rate | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |