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320 W Cottonwood Ln; Hobbs, NM Property Details

320 W Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 320 W Cottonwood Ln is 100,264 square feet.

Off market
320 W Cottonwood Ln Hobbs, NM 88242
$47,766 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $179,100
  • Open Loans / Balance: 1 / $152,702
  • Est. Equity / %: $95,298 / 38.43%
  • APN: 4 981 211 102 813
  • Situs County: Lea
  • Length Of Ownership: 6 years, 7 months

Measurements

  • Lot: 100,264/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 3 6515-LIBBA LAND LTD BK1962PG672 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 12519
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 / -103.139145
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8095

Ownership Info

320 W Cottonwood Ln has no associated ownership info
320 W Cottonwood Ln has no associated ownership info.

Taxes

320 W Cottonwood Ln has 10 associated Taxes items

320 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 $47,766. The APN we've located for 320 W Cottonwood Ln is 4 981 211 102 813.

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Taxes
  • Assessed Value:  $47,766
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 102 813
  • Assessed Land Value:  11941
  • Market Land Value:  35823
  • Tax Amount:  1106.01
  • Tax Year:  2025
  • Market Value:  143298
  • Market Year:  2025

Tax History

320 W Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,766 Land Value $11,941 Improvement Value $35,825 Tax Amount $1,106.01 Change Rate +0.017629% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $46,375 Land Value $11,593 Improvement Value $34,782 Tax Amount $1,086.85 Change Rate -0.005845% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $46,037 Land Value $11,255 Improvement Value $34,782 Tax Amount $1,093.24 Change Rate +0.023643% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $46,037 Land Value $11,255 Improvement Value $34,782 Tax Amount $1,067.99 Change Rate +0.009471% Assessed CR Tax Rate +0.023199%
Year 2021 Assessed Value $45,391 Land Value $10,609 Improvement Value $34,782 Tax Amount $1,057.97 Change Rate +0.027115% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $45,082 Land Value $10,300 Improvement Value $34,782 Tax Amount $1,030.04 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