Taxes
- Assessed Value: $60,812
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 102 648
- Assessed Land Value: 11255
- Market Land Value: 33765
- Tax Amount: 1408.1
- Tax Year: 2025
- Market Value: 182436
- Market Year: 2025
416 W Cottonwood Ln; Hobbs, NM Property Details
Off market
416 W Cottonwood Ln Hobbs, NM 88242
$60,812 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $242,400
- Open Loans / Balance: 1 / $169,503
- Est. Equity / %: $66,497 / 28.18%
- APN: 4 981 211 102 648
- Situs County: Lea
- Length Of Ownership: 6 years, 5 months
Measurements
- Lot: 100,264/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 1 31020 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: 32.790234 / -103.140175
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8094
Ownership Info
416 W Cottonwood Ln has no associated ownership info
416 W Cottonwood Ln has no associated ownership info.
Taxes
416 W Cottonwood Ln has 10 associated Taxes items
416 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 $60,812. The APN we've located for 416 W Cottonwood Ln is 4 981 211 102 648.
Unlock the full reportTax History
416 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 $60,812 | Land Value $11,255 | Improvement Value $49,557 | Tax Amount $1,408.1 | Change Rate +0.017649% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $59,041 | Land Value $10,927 | Improvement Value $48,114 | Tax Amount $1,383.68 | Change Rate +0.0165% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $57,322 | Land Value $10,609 | Improvement Value $46,713 | Tax Amount $1,361.22 | Change Rate +0.016344% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $57,322 | Land Value $10,609 | Improvement Value $46,713 | Tax Amount $1,339.33 | Change Rate +0.002455% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $57,322 | Land Value $10,609 | Improvement Value $46,713 | Tax Amount $1,336.05 | Change Rate +3.501971% | 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 |