Taxes
- Assessed Value: $70,212
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 908
- Assessed Land Value: 10609
- Market Land Value: 31827
- Tax Amount: 1625.76
- Tax Year: 2025
- Market Value: 210636
- Market Year: 2025
614 W Cottonwood Ln; Hobbs, NM Property Details
Off market
614 W Cottonwood Ln Hobbs, NM 88242
$70,212 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Purchase Price: $220,900
- Open Loans / Balance: 1 / $190,787
- Est. Equity / %: $53,213 / 21.81%
- APN: 4 981 211 103 908
- Situs County: Lea
- Length Of Ownership: 6 years
Measurements
- Lot: 95,100/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 4 6515 LIBBA LAND LTD 11718 2141897 CAB F SL 102 LIBBA LAND SUB-DIV PLAT 10220 REDESC FR 42038
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: 32.790237 / -103.14284
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8092
Ownership Info
614 W Cottonwood Ln has no associated ownership info
614 W Cottonwood Ln has no associated ownership info.
Taxes
614 W Cottonwood Ln has 10 associated Taxes items
614 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 $70,212. The APN we've located for 614 W Cottonwood Ln is 4 981 211 103 908.
Unlock the full reportTax History
614 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 $70,212 | Land Value $10,609 | Improvement Value $59,603 | Tax Amount $1,625.76 | Change Rate -0.01199% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $70,212 | Land Value $10,609 | Improvement Value $59,603 | Tax Amount $1,645.49 | Change Rate -0.013099% | 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 +0.081924% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $65,055 | Land Value $10,609 | Improvement Value $54,446 | Tax Amount $1,516.29 | 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 |