Taxes
- Assessed Value: $60,924
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 104 324
- Assessed Land Value: 10927
- Market Land Value: 32781
- Tax Amount: 1410.69
- Tax Year: 2025
- Market Value: 182772
- Market Year: 2025
525 W Cottonwood Ln; Hobbs, NM Property Details
Off market
525 W Cottonwood Ln Hobbs, NM 88242
$60,924 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $191,959
- Open Loans / Balance: 1 / $172,660
- Est. Equity / %: $77,340 / 30.94%
- APN: 4 981 211 104 324
- Situs County: Lea
- Length Of Ownership: 4 years, 7 months
Measurements
- Lot: 101,540/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 14
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 / -103.14194
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8093
Ownership Info
525 W Cottonwood Ln has no associated ownership info
525 W Cottonwood Ln has no associated ownership info.
Taxes
525 W Cottonwood Ln has 10 associated Taxes items
525 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 $60,924. The APN we've located for 525 W Cottonwood Ln is 4 981 211 104 324.
Unlock the full reportTax History
525 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 $60,924 | Land Value $10,927 | Improvement Value $49,997 | Tax Amount $1,410.69 | Change Rate +0.017645% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $59,150 | Land Value $10,609 | Improvement Value $48,541 | Tax Amount $1,386.23 | Change Rate -0.013107% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $59,150 | Land Value $10,609 | Improvement Value $48,541 | Tax Amount $1,404.64 | Change Rate +0.01636% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $59,150 | Land Value $10,609 | Improvement Value $48,541 | Tax Amount $1,382.03 | Change Rate +0.002444% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $59,150 | Land Value $10,609 | Improvement Value $48,541 | Tax Amount $1,378.66 | 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 |