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415 E Cottonwood Ln; Hobbs, NM Property Details

415 E Cottonwood Ln, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 415 E Cottonwood Ln is 94,892 square feet.

Off market
415 E Cottonwood Ln Hobbs, NM 88242
$67,735 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $218,900
  • Open Loans / Balance: 1 / $192,897
  • Est. Equity / %: $64,103 / 24.94%
  • APN: 4 981 211 102 517
  • Situs County: Lea
  • Length Of Ownership: 7 years, 2 months

Measurements

  • Lot: 94,892/SqFt

Legal Description

  • Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 18 11718 2141897 CAB F, SL 102 LIBBA LAND SUB-DIV PLAT 71119 REDESC FR 42038 62519 YMH INC PHO
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 / -103.13246
  • Subdivision: Libba Land Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8089

Ownership Info

415 E Cottonwood Ln has no associated ownership info
415 E Cottonwood Ln has no associated ownership info.

Taxes

415 E Cottonwood Ln has 10 associated Taxes items

415 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 $67,735. The APN we've located for 415 E Cottonwood Ln is 4 981 211 102 517.

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Taxes
  • Assessed Value:  $67,735
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 981 211 102 517
  • Assessed Land Value:  10927
  • Market Land Value:  32781
  • Tax Amount:  1568.39
  • Tax Year:  2025
  • Market Value:  203205
  • Market Year:  2025

Tax History

415 E Cottonwood Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $67,735 Land Value $10,927 Improvement Value $56,808 Tax Amount $1,568.39 Change Rate +0.017635% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $65,762 Land Value $10,609 Improvement Value $55,153 Tax Amount $1,541.21 Change Rate +0.016509% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $63,847 Land Value $10,300 Improvement Value $53,547 Tax Amount $1,516.18 Change Rate +0.016356% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $63,847 Land Value $10,300 Improvement Value $53,547 Tax Amount $1,491.78 Change Rate +0.002446% Assessed CR Tax Rate +0.023365%
Year 2021 Assessed Value $63,847 Land Value $10,300 Improvement Value $53,547 Tax Amount $1,488.14 Change Rate +0.020126% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $63,847 Land Value $10,300 Improvement Value $53,547 Tax Amount $1,458.78 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