Taxes
- Assessed Value: $66,435
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 101 519
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1538.31
- Tax Year: 2025
- Market Value: 199305
- Market Year: 2025
109 E Cottonwood Ln; Hobbs, NM Property Details
Off market
109 E Cottonwood Ln Hobbs, NM 88242
$66,435 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $218,900
- Open Loans / Balance: 1 / $187,187
- Est. Equity / %: $68,813 / 26.88%
- APN: 4 981 211 101 519
- Situs County: Lea
- Length Of Ownership: 7 years, 5 months
Measurements
- Lot: 94,707/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 11 6515-LIBBA LAND LTD BK1962PG672 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT REDE
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 / -103.13589
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8086
Ownership Info
109 E Cottonwood Ln has no associated ownership info
109 E Cottonwood Ln has no associated ownership info.
Taxes
109 E Cottonwood Ln has 10 associated Taxes items
109 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 $66,435. The APN we've located for 109 E Cottonwood Ln is 4 981 211 101 519.
Unlock the full reportTax History
109 E 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 $66,435 | Land Value $10,927 | Improvement Value $55,508 | Tax Amount $1,538.31 | Change Rate +0.017657% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $64,500 | Land Value $10,609 | Improvement Value $53,891 | Tax Amount $1,511.62 | Change Rate +0.016523% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,487.05 | Change Rate +0.016355% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,463.12 | Change Rate +0.002439% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,459.56 | Change Rate +0.020129% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,430.76 | Change Rate +4.050692% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $10,300 | Land Value $10,300 | Improvement Value | Tax Amount $283.28 | Change Rate | Assessed CR | Tax Rate +0.027503% |