Taxes
- Assessed Value: $81,688
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 100 233
- Assessed Land Value: 10667
- Market Land Value: 32001
- Tax Amount: 1891.48
- Tax Year: 2025
- Market Value: 245064
- Market Year: 2025
402 E Cottonwood Ln; Hobbs, NM Property Details
Off market
402 E Cottonwood Ln Hobbs, NM 88242
$259,900 Listing Price
4 Beds
2,379 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 2019
- Purchase Price: $339,405
- Open Loans / Balance: 1 / $249,251
- Est. Equity / %: $17,749 / 6.65%
- APN: 4 981 211 100 233
- Situs County: Lea
- Length Of Ownership: 2 years, 9 months
Rooms
- Bedrooms: 4
Measurements
- Total: 2,379/SqFt
- Lot: 95,053/SqFt
- Price Per Square Foot: $142.67
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 7 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT REDESC FROM 42038 41119 YMH INC PHOTO
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: 32.79024 / -103.13296
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8089
Ownership Info
402 E Cottonwood Ln has no associated ownership info
402 E Cottonwood Ln has no associated ownership info.
Taxes
402 E Cottonwood Ln has 10 associated Taxes items
402 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 $81,688. The APN we've located for 402 E Cottonwood Ln is 4 981 211 100 233.
Unlock the full reportTax History
402 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 $81,688 | Land Value $10,667 | Improvement Value $71,021 | Tax Amount $1,891.48 | Change Rate -0.011993% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $81,688 | Land Value $10,667 | Improvement Value $71,021 | Tax Amount $1,914.44 | Change Rate +0.287408% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,487.05 | Change Rate +0.016355% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,463.12 | Change Rate +0.002439% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,459.56 | Change Rate +0.020129% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $62,621 | Land Value $10,300 | Improvement Value $52,321 | Tax Amount $1,430.76 | Change Rate +4.050692% | Assessed CR | Tax Rate +0.022848% |
| Year 2019 | Assessed Value $10,300 | Land Value $10,300 | Improvement Value | Tax Amount $283.28 | Change Rate | Assessed CR | Tax Rate +0.027503% |