Taxes
- Assessed Value: $64,359
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 420 380 001
- Assessed Land Value: 12299
- Market Land Value: 36897
- Tax Amount: 1490.24
- Tax Year: 2025
- Market Value: 193077
- Market Year: 2025
108 E Cottonwood Ln; Hobbs, NM Property Details
Off market
108 E Cottonwood Ln Hobbs, NM 88242
$64,359 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $199,000
- Open Loans / Balance: 3 / $191,497
- Est. Equity / %: $51,503 / 21.19%
- APN: 4 000 420 380 001
- Situs County: Lea
- Length Of Ownership: 7 years, 7 months
Measurements
- Lot: 5,575,680/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 1 PHOTO 11719 112818 YMH INC
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: 32.79024 / -103.135895
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8086
Ownership Info
108 E Cottonwood Ln has no associated ownership info
108 E Cottonwood Ln has no associated ownership info.
Taxes
108 E Cottonwood Ln has 10 associated Taxes items
108 E 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 $64,359. The APN we've located for 108 E Cottonwood Ln is 4 000 420 380 001.
Unlock the full reportTax History
108 E Cottonwood Ln has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $64,359 | Land Value $12,299 | Improvement Value $52,060 | Tax Amount $1,490.24 | Change Rate +0.017639% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $62,485 | Land Value $11,941 | Improvement Value $50,544 | Tax Amount $1,464.41 | Change Rate -0.00757% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $62,137 | Land Value $11,593 | Improvement Value $50,544 | Tax Amount $1,475.58 | Change Rate +0.021912% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $62,137 | Land Value $11,593 | Improvement Value $50,544 | Tax Amount $1,443.94 | Change Rate +0.007803% | Assessed CR | Tax Rate +0.023238% |
| Year 2021 | Assessed Value $61,471 | Land Value $10,927 | Improvement Value $50,544 | Tax Amount $1,432.76 | Change Rate +0.025429% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $61,153 | Land Value $10,609 | Improvement Value $50,544 | Tax Amount $1,397.23 | Change Rate +0.025407% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $60,844 | Land Value $10,300 | Improvement Value $50,544 | Tax Amount $1,362.61 | Change Rate -0.569959% | Assessed CR | Tax Rate +0.022395% |
| Year 2018 | Assessed Value $79,214 | Land Value $79,214 | Improvement Value | Tax Amount $3,168.56 | Change Rate +0.029997% | Assessed CR | Tax Rate +0.04% |
| Year 2017 | Assessed Value $230,721 | Land Value $230,721 | Improvement Value | Tax Amount $3,076.28 | Change Rate | Assessed CR | Tax Rate +0.013333% |
| Year 2016 | Assessed Value $224,001 | Land Value $224,001 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $224,001 | Land Value $224,001 | Improvement Value | Tax Amount $98.04 | Change Rate | Assessed CR | Tax Rate +0.000438% |