Taxes
- Assessed Value: $69,990
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 102 443
- Assessed Land Value: 12378
- Market Land Value: 37134
- Tax Amount: 1620.63
- Tax Year: 2025
- Market Value: 209970
- Market Year: 2025
403 E Cottonwood Ln; Hobbs, NM Property Details
Off market
403 E Cottonwood Ln Hobbs, NM 88242
$69,990 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Purchase Price: $218,900
- Open Loans / Balance: 1 / $186,079
- Est. Equity / %: $70,921 / 27.6%
- APN: 4 981 211 102 443
- Situs County: Lea
- Length Of Ownership: 7 years, 2 months
Measurements
- Lot: 94,889/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 17 6515-LIBBA LAND LTD BK1962PG672 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 7819
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 / -103.13296
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8089
Ownership Info
403 E Cottonwood Ln has no associated ownership info
403 E Cottonwood Ln has no associated ownership info.
Taxes
403 E Cottonwood Ln has 10 associated Taxes items
403 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 $69,990. The APN we've located for 403 E Cottonwood Ln is 4 981 211 102 443.
Unlock the full reportTax History
403 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 $69,990 | Land Value $12,378 | Improvement Value $57,612 | Tax Amount $1,620.63 | Change Rate +0.017664% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $67,951 | Land Value $12,017 | Improvement Value $55,934 | Tax Amount $1,592.5 | Change Rate +0.016513% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $65,972 | Land Value $11,667 | Improvement Value $54,305 | Tax Amount $1,566.63 | Change Rate +0.016348% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $65,972 | Land Value $11,667 | Improvement Value $54,305 | Tax Amount $1,541.43 | Change Rate +0.002445% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $65,972 | Land Value $11,667 | Improvement Value $54,305 | Tax Amount $1,537.67 | Change Rate +0.020122% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $65,972 | Land Value $11,667 | Improvement Value $54,305 | Tax Amount $1,507.34 | 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 |