Taxes
- Assessed Value: $61,905
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 104 041
- Assessed Land Value: 11941
- Market Land Value: 35823
- Tax Amount: 1433.41
- Tax Year: 2025
- Market Value: 185715
- Market Year: 2025
500 W Cottonwood Ln; Hobbs, NM Property Details
Off market
500 W Cottonwood Ln Hobbs, NM 88242
$61,905 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $267,700
- Open Loans / Balance: 1 / $186,334
- Est. Equity / %: $80,666 / 30.21%
- APN: 4 981 211 104 041
- Situs County: Lea
- Length Of Ownership: 6 years, 7 months
Measurements
- Lot: 94,979/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 8 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 1220 REDESC FR 42038 1220 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: 32.790234 / -103.14087
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8093
Ownership Info
500 W Cottonwood Ln has no associated ownership info
500 W Cottonwood Ln has no associated ownership info.
Taxes
500 W Cottonwood Ln has 10 associated Taxes items
500 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 $61,905. The APN we've located for 500 W Cottonwood Ln is 4 981 211 104 041.
Unlock the full reportTax History
500 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 $61,905 | Land Value $11,941 | Improvement Value $49,964 | Tax Amount $1,433.41 | Change Rate +0.017642% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $60,102 | Land Value $11,593 | Improvement Value $48,509 | Tax Amount $1,408.56 | Change Rate -0.007511% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $59,764 | Land Value $11,255 | Improvement Value $48,509 | Tax Amount $1,419.22 | Change Rate +0.02197% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $59,764 | Land Value $11,255 | Improvement Value $48,509 | Tax Amount $1,388.71 | Change Rate +0.007831% | Assessed CR | Tax Rate +0.023237% |
| Year 2021 | Assessed Value $59,118 | Land Value $10,609 | Improvement Value $48,509 | Tax Amount $1,377.92 | Change Rate +0.025482% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $58,809 | Land Value $10,300 | Improvement Value $48,509 | Tax Amount $1,343.68 | 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 |