Taxes
- Assessed Value: $70,185
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 104 347
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1625.13
- Tax Year: 2025
- Market Value: 210555
- Market Year: 2025
513 W Cottonwood Ln; Hobbs, NM Property Details
Off market
513 W Cottonwood Ln Hobbs, NM 88242
$70,185 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $227,300
- Open Loans / Balance: 1 / $196,078
- Est. Equity / %: $52,922 / 21.25%
- APN: 4 981 211 104 347
- Situs County: Lea
- Length Of Ownership: 6 years, 2 months
Measurements
- Lot: 101,541/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 15
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: 32.78834 / -103.141426
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8093
Ownership Info
513 W Cottonwood Ln has no associated ownership info
513 W Cottonwood Ln has no associated ownership info.
Taxes
513 W Cottonwood Ln has 10 associated Taxes items
513 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 $70,185. The APN we've located for 513 W Cottonwood Ln is 4 981 211 104 347.
Unlock the full reportTax History
513 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 $70,185 | Land Value $10,927 | Improvement Value $59,258 | Tax Amount $1,625.13 | Change Rate +0.017646% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $68,141 | Land Value $10,609 | Improvement Value $57,532 | Tax Amount $1,596.95 | Change Rate -0.013101% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $68,141 | Land Value $10,609 | Improvement Value $57,532 | Tax Amount $1,618.15 | Change Rate +0.016362% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $68,141 | Land Value $10,609 | Improvement Value $57,532 | Tax Amount $1,592.1 | Change Rate +0.002443% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $68,141 | Land Value $10,609 | Improvement Value $57,532 | Tax Amount $1,588.22 | 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 |