Taxes
- Assessed Value: $62,120
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 104 021
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1438.38
- Tax Year: 2025
- Market Value: 186360
- Market Year: 2025
512 W Cottonwood Ln; Hobbs, NM Property Details
Off market
512 W Cottonwood Ln Hobbs, NM 88242
$62,120 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $210,500
- Open Loans / Balance: 1 / $181,180
- Est. Equity / %: $85,820 / 32.14%
- APN: 4 981 211 104 021
- Situs County: Lea
- Length Of Ownership: 6 years, 7 months
Measurements
- Lot: 95,960/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 7
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 / -103.14136
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8093
Ownership Info
512 W Cottonwood Ln has no associated ownership info
512 W Cottonwood Ln has no associated ownership info.
Taxes
512 W Cottonwood Ln has 10 associated Taxes items
512 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 $62,120. The APN we've located for 512 W Cottonwood Ln is 4 981 211 104 021.
Unlock the full reportTax History
512 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 $62,120 | Land Value $10,927 | Improvement Value $51,193 | Tax Amount $1,438.38 | Change Rate +0.017638% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $60,311 | Land Value $10,609 | Improvement Value $49,702 | Tax Amount $1,413.45 | Change Rate +0.016527% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $58,554 | Land Value $10,300 | Improvement Value $48,254 | Tax Amount $1,390.47 | Change Rate +0.016344% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $58,554 | Land Value $10,300 | Improvement Value $48,254 | Tax Amount $1,368.11 | Change Rate +0.002447% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $58,554 | Land Value $10,300 | Improvement Value $48,254 | Tax Amount $1,364.77 | Change Rate +0.020122% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $58,554 | Land Value $10,300 | Improvement Value $48,254 | Tax Amount $1,337.85 | 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 |