Taxes
- Assessed Value: $72,212
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 956
- Assessed Land Value: 11255
- Market Land Value: 33765
- Tax Amount: 1672.08
- Tax Year: 2025
- Market Value: 216636
- Market Year: 2025
524 W Cottonwood Ln; Hobbs, NM Property Details
Off market
524 W Cottonwood Ln Hobbs, NM 88242
$72,212 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $220,900
- Open Loans / Balance: 3 / $60,275
- Est. Equity / %: $208,725 / 77.59%
- APN: 4 981 211 103 956
- Situs County: Lea
- Length Of Ownership: 6 years, 5 months
Measurements
- Lot: 95,937/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 6
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 / -103.14185
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8093
Ownership Info
524 W Cottonwood Ln has no associated ownership info
524 W Cottonwood Ln has no associated ownership info.
Taxes
524 W Cottonwood Ln has 10 associated Taxes items
524 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 $72,212. The APN we've located for 524 W Cottonwood Ln is 4 981 211 103 956.
Unlock the full reportTax History
524 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 $72,212 | Land Value $11,255 | Improvement Value $60,957 | Tax Amount $1,672.08 | Change Rate +0.017656% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $70,109 | Land Value $10,927 | Improvement Value $59,182 | Tax Amount $1,643.07 | Change Rate +0.016512% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $68,067 | Land Value $10,609 | Improvement Value $57,458 | Tax Amount $1,616.38 | Change Rate +0.016348% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $68,067 | Land Value $10,609 | Improvement Value $57,458 | Tax Amount $1,590.38 | Change Rate +0.002439% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $68,067 | Land Value $10,609 | Improvement Value $57,458 | Tax Amount $1,586.51 | Change Rate +4.345924% | Assessed CR | Tax Rate +0.023308% |
| Year 2020 | Assessed Value $10,609 | Land Value $10,609 | Improvement Value | Tax Amount $296.77 | Change Rate | Assessed CR | Tax Rate +0.027973% |
| Year 2019 | Assessed Value $391,400 | Land Value $391,400 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |