Taxes
- Assessed Value: $74,488
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 102 549
- Assessed Land Value: 11255
- Market Land Value: 33765
- Tax Amount: 1724.76
- Tax Year: 2025
- Market Value: 223464
- Market Year: 2025
501 E Cottonwood Ln; Hobbs, NM Property Details
Off market
501 E Cottonwood Ln Hobbs, NM 88242
$74,488 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $223,900
- Open Loans / Balance: 1 / $193,881
- Est. Equity / %: $46,119 / 19.22%
- APN: 4 981 211 102 549
- Situs County: Lea
- Length Of Ownership: 5 years, 7 months
Measurements
- Lot: 208,804/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 1 LOT 19
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 / -103.13169
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8090
Ownership Info
501 E Cottonwood Ln has no associated ownership info
501 E Cottonwood Ln has no associated ownership info.
Taxes
501 E Cottonwood Ln has 10 associated Taxes items
501 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 $74,488. The APN we've located for 501 E Cottonwood Ln is 4 981 211 102 549.
Unlock the full reportTax History
501 E 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 $74,488 | Land Value $11,255 | Improvement Value $63,233 | Tax Amount $1,724.76 | Change Rate +0.017654% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $72,318 | Land Value $10,927 | Improvement Value $61,391 | Tax Amount $1,694.84 | Change Rate +0.016499% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $70,212 | Land Value $10,609 | Improvement Value $59,603 | Tax Amount $1,667.33 | Change Rate +0.016349% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $70,212 | Land Value $10,609 | Improvement Value $59,603 | Tax Amount $1,640.51 | Change Rate +0.00245% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $70,212 | Land Value $10,609 | Improvement Value $59,603 | Tax Amount $1,636.5 | Change Rate -0.575797% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $137,917 | Land Value $137,917 | Improvement Value | Tax Amount $3,857.82 | Change Rate | Assessed CR | Tax Rate +0.027972% |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |