Taxes
- Assessed Value: $75,708
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 432
- Assessed Land Value: 11255
- Market Land Value: 33765
- Tax Amount: 1753.01
- Tax Year: 2025
- Market Value: 227124
- Market Year: 2025
405 W Cottonwood Ln; Hobbs, NM Property Details
Off market
405 W Cottonwood Ln Hobbs, NM 88242
$75,708 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $280,300
- Open Loans / Balance: 2 / $237,966
- Est. Equity / %: $14,034 / 5.57%
- APN: 4 981 211 103 432
- Situs County: Lea
- Length Of Ownership: 6 years, 5 months
Measurements
- Lot: 99,779/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 10 3620 YMH INC
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: 32.788338 / -103.13966
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8094
Ownership Info
405 W Cottonwood Ln has no associated ownership info
405 W Cottonwood Ln has no associated ownership info.
Taxes
405 W Cottonwood Ln has 10 associated Taxes items
405 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 $75,708. The APN we've located for 405 W Cottonwood Ln is 4 981 211 103 432.
Unlock the full reportTax History
405 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 $75,708 | Land Value $11,255 | Improvement Value $64,453 | Tax Amount $1,753.01 | Change Rate +0.017648% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $73,503 | Land Value $10,927 | Improvement Value $62,576 | Tax Amount $1,722.61 | Change Rate +0.016517% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $71,362 | Land Value $10,609 | Improvement Value $60,753 | Tax Amount $1,694.62 | Change Rate +0.016337% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $71,362 | Land Value $10,609 | Improvement Value $60,753 | Tax Amount $1,667.38 | Change Rate +0.002447% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $71,362 | Land Value $10,609 | Improvement Value $60,753 | Tax Amount $1,663.31 | Change Rate +4.604711% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $10,609 | Land Value $10,609 | Improvement Value | Tax Amount $296.77 | Change Rate | Assessed CR | Tax Rate +0.027973% |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |