Taxes
- Assessed Value: $67,181
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 045
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1555.57
- Tax Year: 2025
- Market Value: 201543
- Market Year: 2025
308 W Cottonwood Ln; Hobbs, NM Property Details
Off market
308 W Cottonwood Ln Hobbs, NM 88242
$67,181 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $194,400
- Open Loans / Balance: 2 / $206,163
- Est. Equity / %: $41,837 / 16.87%
- APN: 4 981 211 103 045
- Situs County: Lea
- Length Of Ownership: 7 years
Measurements
- Lot: 100,264/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 4 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 92419 REDESC FR 42038 82919 YMH INC P
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: 32.790234 / -103.13863
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8095
Ownership Info
308 W Cottonwood Ln has no associated ownership info
308 W Cottonwood Ln has no associated ownership info.
Taxes
308 W Cottonwood Ln has 10 associated Taxes items
308 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 $67,181. The APN we've located for 308 W Cottonwood Ln is 4 981 211 103 045.
Unlock the full reportTax History
308 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 $67,181 | Land Value $10,927 | Improvement Value $56,254 | Tax Amount $1,555.57 | Change Rate +0.01763% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $65,225 | Land Value $10,609 | Improvement Value $54,616 | Tax Amount $1,528.62 | Change Rate +0.016518% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $63,325 | Land Value $10,300 | Improvement Value $53,025 | Tax Amount $1,503.78 | Change Rate +0.016349% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $63,325 | Land Value $10,300 | Improvement Value $53,025 | Tax Amount $1,479.59 | Change Rate +0.002453% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $63,325 | Land Value $10,300 | Improvement Value $53,025 | Tax Amount $1,475.97 | Change Rate +0.020134% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $63,325 | Land Value $10,300 | Improvement Value $53,025 | Tax Amount $1,446.84 | 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 |