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220 E Cottonwood Ln; Hobbs, NM Property Details

220 E Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 220 E Cottonwood Ln is 95,053 square feet.

Off market
220 E Cottonwood Ln Hobbs, NM 88242
$57,020 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $174,100
  • Open Loans / Balance: 1 / $148,912
  • Est. Equity / %: $97,088 / 39.47%
  • APN: 4 981 211 095 846
  • Situs County: Lea
  • Length Of Ownership: 7 years, 5 months

Measurements

  • Lot: 95,053/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 3 12819 YMH INC PHOTO 1172019
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 / -103.13491
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8087

Ownership Info

220 E Cottonwood Ln has no associated ownership info
220 E Cottonwood Ln has no associated ownership info.

Taxes

220 E Cottonwood Ln has 10 associated Taxes items

220 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 $57,020. The APN we've located for 220 E Cottonwood Ln is 4 981 211 095 846.

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Taxes
  • Assessed Value:  $57,020
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 095 846
  • Assessed Land Value:  15914
  • Market Land Value:  47742
  • Tax Amount:  1320.3
  • Tax Year:  2025
  • Market Value:  171060
  • Market Year:  2025

Tax History

220 E Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,020 Land Value $15,914 Improvement Value $41,106 Tax Amount $1,320.3 Change Rate +0.017659% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $55,359 Land Value $15,450 Improvement Value $39,909 Tax Amount $1,297.39 Change Rate +0.0165% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $53,747 Land Value $15,000 Improvement Value $38,747 Tax Amount $1,276.33 Change Rate +0.01634% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $53,747 Land Value $15,000 Improvement Value $38,747 Tax Amount $1,255.81 Change Rate +0.002451% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $53,747 Land Value $15,000 Improvement Value $38,747 Tax Amount $1,252.74 Change Rate +0.02013% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $53,747 Land Value $15,000 Improvement Value $38,747 Tax Amount $1,228.02 Change Rate +3.335004% 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%