Taxes
- Assessed Value: $66,051
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 120
- Assessed Land Value: 12299
- Market Land Value: 36897
- Tax Amount: 1529.4
- Tax Year: 2025
- Market Value: 198153
- Market Year: 2025
228 W Cottonwood Ln; Hobbs, NM Property Details
Off market • Pre Foreclosure ✓
228 W Cottonwood Ln Hobbs, NM 88242
$285,000 Listing Price
4 Beds
2 Baths
2,315 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 2019
- Purchase Price: $215,500
- Open Loans / Balance: 3 / $243,880
- Est. Equity / %: $4,120 / 1.66%
- APN: 4 981 211 103 120
- Situs County: Lea
- Length Of Ownership: 7 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Structure
- Distressed: true
Measurements
- Total: 2,315/SqFt
- Lot: 100,264/SqFt
- Price Per Square Foot: $93.09
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 5 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 72519 YMH INC 72519 REDESC FROM 42038
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: 32.790237 / -103.138115
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8096
Ownership Info
228 W Cottonwood Ln has no associated ownership info
228 W Cottonwood Ln has no associated ownership info.
Taxes
228 W Cottonwood Ln has 10 associated Taxes items
228 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 $66,051. The APN we've located for 228 W Cottonwood Ln is 4 981 211 103 120.
Unlock the full reportTax History
228 W 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 $66,051 | Land Value $12,299 | Improvement Value $53,752 | Tax Amount $1,529.4 | Change Rate +0.017646% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $64,127 | Land Value $11,941 | Improvement Value $52,186 | Tax Amount $1,502.88 | Change Rate -0.007712% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $63,779 | Land Value $11,593 | Improvement Value $52,186 | Tax Amount $1,514.56 | Change Rate +0.021763% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $63,779 | Land Value $11,593 | Improvement Value $52,186 | Tax Amount $1,482.3 | Change Rate +0.007654% | Assessed CR | Tax Rate +0.023241% |
| Year 2021 | Assessed Value $63,113 | Land Value $10,927 | Improvement Value $52,186 | Tax Amount $1,471.04 | Change Rate +0.025308% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $62,795 | Land Value $10,609 | Improvement Value $52,186 | Tax Amount $1,434.73 | 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 |