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216 W Cottonwood Ln; Hobbs, NM Property Details

216 W Cottonwood Ln, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 2019. This property is currently Financed,New Construction and is not for sale. Our records show that 216 W Cottonwood Ln has 4 bedrooms, and 2 bathrooms, and a total of 2,328 square feet. The lot size of 216 W Cottonwood Ln is 100,264 square feet.

Off market
216 W Cottonwood Ln Hobbs, NM 88242
$223,100 Listing Price
4 Beds
2 Baths
2,328 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2019
  • Purchase Price: $223,100
  • Open Loans / Balance: 2 / $415,579
  • Est. Equity / %: $-22,579 / -5.75%
  • APN: 4 981 211 103 150
  • Situs County: Lea
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Measurements

  • Total: 2,328/SqFt
  • Lot: 100,264/SqFt
  • Price Per Square Foot: $95.83

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 6 8724 SMD CV2023-451 RUIZ, DOLORES R ETAL
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.790237 / -103.13761
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8096

Ownership Info

216 W Cottonwood Ln has no associated ownership info
216 W Cottonwood Ln has no associated ownership info.

Taxes

216 W Cottonwood Ln has 10 associated Taxes items

216 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 $67,567. The APN we've located for 216 W Cottonwood Ln is 4 981 211 103 150.

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Taxes
  • Assessed Value:  $67,567
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 103 150
  • Assessed Land Value:  10927
  • Market Land Value:  32781
  • Tax Amount:  1564.51
  • Tax Year:  2025
  • Market Value:  202701
  • Market Year:  2025

Tax History

216 W Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $67,567 Land Value $10,927 Improvement Value $56,640 Tax Amount $1,564.51 Change Rate +0.017654% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $65,599 Land Value $10,609 Improvement Value $54,990 Tax Amount $1,537.37 Change Rate +0.01651% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $63,688 Land Value $10,300 Improvement Value $53,388 Tax Amount $1,512.4 Change Rate +0.016343% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $63,688 Land Value $10,300 Improvement Value $53,388 Tax Amount $1,488.08 Change Rate +0.002445% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $63,688 Land Value $10,300 Improvement Value $53,388 Tax Amount $1,484.45 Change Rate +0.020135% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $63,688 Land Value $10,300 Improvement Value $53,388 Tax Amount $1,455.15 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