Taxes
- Assessed Value: $59,216
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 848
- Assessed Land Value: 6667
- Market Land Value: 20001
- Tax Amount: 1371.14
- Tax Year: 2025
- Market Value: 177648
- Market Year: 2025
628 W Cottonwood Ln; Hobbs, NM Property Details
Off market
628 W Cottonwood Ln Hobbs, NM 88242
$59,216 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1962
- Purchase Price: $204,700
- Open Loans / Balance: 1 / $177,356
- Est. Equity / %: $78,644 / 30.72%
- APN: 4 981 211 103 848
- Situs County: Lea
- Length Of Ownership: 5 years, 7 months
Measurements
- Lot: 95,090/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 3 6515 LIBBA LAND LTD 1962672 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 11620 RED
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: 32.79026 / -103.14335
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8092
Ownership Info
628 W Cottonwood Ln has no associated ownership info
628 W Cottonwood Ln has no associated ownership info.
Taxes
628 W Cottonwood Ln has 10 associated Taxes items
628 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 $59,216. The APN we've located for 628 W Cottonwood Ln is 4 981 211 103 848.
Unlock the full reportTax History
628 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 $59,216 | Land Value $6,667 | Improvement Value $52,549 | Tax Amount $1,371.14 | Change Rate -0.011997% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $59,216 | Land Value $6,667 | Improvement Value $52,549 | Tax Amount $1,387.79 | Change Rate -0.013092% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $59,216 | Land Value $6,667 | Improvement Value $52,549 | Tax Amount $1,406.2 | Change Rate +0.016349% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $59,216 | Land Value $6,667 | Improvement Value $52,549 | Tax Amount $1,383.58 | Change Rate +0.04858% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $56,611 | Land Value $10,609 | Improvement Value $46,002 | Tax Amount $1,319.48 | 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 |