- Assessed Value: $54,213
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 102 716
- Assessed Land Value: 11941
- Market Land Value: 35823
- Tax Amount: 977.44
- Tax Year: 2025
- Market Value: 162639
- Market Year: 2025
404 W Cottonwood Ln; Hobbs, NM Property Details
Off market
404 W Cottonwood Ln Hobbs, NM 88242
$226,000 Listing Price
4 Beds
2 Baths
1,720 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2020
- Purchase Price: $224,125
- Open Loans / Balance: 1 / $221,906
- Est. Equity / %: $29,094 / 11.59%
- APN: 4 981 211 102 716
- Situs County: Lea
- Length Of Ownership: 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Measurements
- Total: 1,720/SqFt
- Lot: 100,264/SqFt
- Price Per Square Foot: $130.31
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 2
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 / -103.139656
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8094
Ownership Info
404 W Cottonwood Ln has no associated ownership info
404 W Cottonwood Ln has no associated ownership info.
Taxes
404 W Cottonwood Ln has 10 associated Taxes items
404 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 $54,213. The APN we've located for 404 W Cottonwood Ln is 4 981 211 102 716.
Unlock the full reportTaxes
Tax History
404 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 $54,213 | Land Value $11,941 | Improvement Value $42,272 | Tax Amount $977.44 | Change Rate -0.105662% | Assessed CR | Tax Rate +0.01803% |
| Year 2024 | Assessed Value $52,634 | Land Value $11,593 | Improvement Value $41,041 | Tax Amount $1,092.92 | Change Rate -0.005885% | Assessed CR | Tax Rate +0.020765% |
| Year 2023 | Assessed Value $52,296 | Land Value $11,255 | Improvement Value $41,041 | Tax Amount $1,099.39 | Change Rate +0.023602% | Assessed CR | Tax Rate +0.021022% |
| Year 2022 | Assessed Value $52,296 | Land Value $11,255 | Improvement Value $41,041 | Tax Amount $1,074.04 | Change Rate +0.009427% | Assessed CR | Tax Rate +0.020538% |
| Year 2021 | Assessed Value $51,650 | Land Value $10,609 | Improvement Value $41,041 | Tax Amount $1,064.01 | Change Rate -0.092939% | Assessed CR | Tax Rate +0.0206% |
| Year 2020 | Assessed Value $51,341 | Land Value $10,300 | Improvement Value $41,041 | Tax Amount $1,173.03 | 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 |