Taxes
- Assessed Value: $69,608
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 411
- Assessed Land Value: 11255
- Market Land Value: 33765
- Tax Amount: 1611.77
- Tax Year: 2025
- Market Value: 208824
- Market Year: 2025
417 W Cottonwood Ln; Hobbs, NM Property Details
Off market
417 W Cottonwood Ln Hobbs, NM 88242
$69,608 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Mixed
- Owner Status: Mixed
- Year Built: 1962
- Purchase Price: $218,000
- Open Loans / Balance: 1 / $188,312
- Est. Equity / %: $56,688 / 23.14%
- APN: 4 981 211 103 411
- Situs County: Lea
- Length Of Ownership: 6 years
Measurements
- Lot: 99,775/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 2 LOT 9
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 / -103.140175
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8094
Ownership Info
417 W Cottonwood Ln has no associated ownership info
417 W Cottonwood Ln has no associated ownership info.
Taxes
417 W Cottonwood Ln has 10 associated Taxes items
417 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 $69,608. The APN we've located for 417 W Cottonwood Ln is 4 981 211 103 411.
Unlock the full reportTax History
417 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 $69,608 | Land Value $11,255 | Improvement Value $58,353 | Tax Amount $1,611.77 | Change Rate +0.017654% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $67,580 | Land Value $10,927 | Improvement Value $56,653 | Tax Amount $1,583.81 | Change Rate +0.016514% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $65,612 | Land Value $10,609 | Improvement Value $55,003 | Tax Amount $1,558.08 | Change Rate +0.016347% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $65,612 | Land Value $10,609 | Improvement Value $55,003 | Tax Amount $1,533.02 | Change Rate +0.002439% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $65,612 | Land Value $10,609 | Improvement Value $55,003 | Tax Amount $1,529.29 | Change Rate | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $137,917 | Land Value $137,917 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |