Taxes
- Assessed Value: $49,648
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 101 616
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1149.59
- Tax Year: 2025
- Market Value: 148944
- Market Year: 2025
221 E Cottonwood Ln; Hobbs, NM Property Details
Off market
221 E Cottonwood Ln Hobbs, NM 88242
$49,648 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $169,200
- Open Loans / Balance: 1 / $144,240
- Est. Equity / %: $94,760 / 39.65%
- APN: 4 981 211 101 616
- Situs County: Lea
- Length Of Ownership: 7 years, 5 months
Measurements
- Lot: 94,877/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 13 13019 YMH INC PHOTO 72919
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 / -103.13491
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8087
Ownership Info
221 E Cottonwood Ln has no associated ownership info
221 E Cottonwood Ln has no associated ownership info.
Taxes
221 E Cottonwood Ln has 10 associated Taxes items
221 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 $49,648. The APN we've located for 221 E Cottonwood Ln is 4 981 211 101 616.
Unlock the full reportTax History
221 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 $49,648 | Land Value $10,927 | Improvement Value $38,721 | Tax Amount $1,149.59 | Change Rate +0.017642% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $48,202 | Land Value $10,609 | Improvement Value $37,593 | Tax Amount $1,129.66 | Change Rate +0.016494% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $46,798 | Land Value $10,300 | Improvement Value $36,498 | Tax Amount $1,111.33 | Change Rate +0.016361% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $46,798 | Land Value $10,300 | Improvement Value $36,498 | Tax Amount $1,093.44 | Change Rate +0.002448% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $46,798 | Land Value $10,300 | Improvement Value $36,498 | Tax Amount $1,090.77 | Change Rate +0.020126% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $46,798 | Land Value $10,300 | Improvement Value $36,498 | Tax Amount $1,069.25 | Change Rate +2.774534% | 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% |