Taxes
- Assessed Value: $62,761
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 102 412
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1453.23
- Tax Year: 2025
- Market Value: 188283
- Market Year: 2025
323 E Cottonwood Ln; Hobbs, NM Property Details
Off market
323 E Cottonwood Ln Hobbs, NM 88242
$62,761 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $209,300
- Open Loans / Balance: 1 / $181,382
- Est. Equity / %: $50,618 / 21.82%
- APN: 4 981 211 102 412
- Situs County: Lea
- Length Of Ownership: 7 years, 2 months
Measurements
- Lot: 94,886/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 16 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 62519 REDESC FROM 42038 61919 YMH IN
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: 32.788345 / -103.133446
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8088
Ownership Info
323 E Cottonwood Ln has no associated ownership info
323 E Cottonwood Ln has no associated ownership info.
Taxes
323 E Cottonwood Ln has 10 associated Taxes items
323 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 $62,761. The APN we've located for 323 E Cottonwood Ln is 4 981 211 102 412.
Unlock the full reportTax History
323 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 $62,761 | Land Value $10,927 | Improvement Value $51,834 | Tax Amount $1,453.23 | Change Rate +0.017647% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $60,933 | Land Value $10,609 | Improvement Value $50,324 | Tax Amount $1,428.03 | Change Rate +0.016529% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $59,158 | Land Value $10,300 | Improvement Value $48,858 | Tax Amount $1,404.81 | Change Rate +0.016343% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $59,158 | Land Value $10,300 | Improvement Value $48,858 | Tax Amount $1,382.22 | Change Rate +0.002444% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $59,158 | Land Value $10,300 | Improvement Value $48,858 | Tax Amount $1,378.85 | Change Rate +0.020139% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $59,158 | Land Value $10,300 | Improvement Value $48,858 | Tax Amount $1,351.63 | 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 |