Taxes
- Assessed Value: $65,456
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 532
- Assessed Land Value: 11593
- Market Land Value: 34779
- Tax Amount: 1515.63
- Tax Year: 2025
- Market Value: 196368
- Market Year: 2025
309 W Cottonwood Ln; Hobbs, NM Property Details
Off market
309 W Cottonwood Ln Hobbs, NM 88242
$225,000 Listing Price
4 Beds
2 Baths
1,714 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1962
- Purchase Price: $293,828
- Open Loans / Balance: 2 / $222,575
- Est. Equity / %: $22,425 / 9.15%
- APN: 4 981 211 103 532
- Situs County: Lea
- Length Of Ownership: 2 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Measurements
- Total: 1,714/SqFt
- Lot: 99,788/SqFt
- Price Per Square Foot: $171.43
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 12 11119 YMH INC 62024 LEDEZMA, REBECA KOLEAN
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: 32.788338 / -103.13863
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8095
Ownership Info
309 W Cottonwood Ln has no associated ownership info
309 W Cottonwood Ln has no associated ownership info.
Taxes
309 W Cottonwood Ln has 10 associated Taxes items
309 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 $65,456. The APN we've located for 309 W Cottonwood Ln is 4 981 211 103 532.
Unlock the full reportTax History
309 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 $65,456 | Land Value $11,593 | Improvement Value $53,863 | Tax Amount $1,515.63 | Change Rate +0.231479% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $52,515 | Land Value $11,593 | Improvement Value $40,922 | Tax Amount $1,230.74 | Change Rate -0.006707% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $52,177 | Land Value $11,255 | Improvement Value $40,922 | Tax Amount $1,239.05 | Change Rate +0.022783% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $52,177 | Land Value $11,255 | Improvement Value $40,922 | Tax Amount $1,211.45 | Change Rate +0.008642% | Assessed CR | Tax Rate +0.023218% |
| Year 2021 | Assessed Value $51,531 | Land Value $10,609 | Improvement Value $40,922 | Tax Amount $1,201.07 | Change Rate +0.026284% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $51,222 | Land Value $10,300 | Improvement Value $40,922 | Tax Amount $1,170.31 | 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 |