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700 E Cottonwood Ln; Hobbs, NM Property Details

700 E Cottonwood Ln, Hobbs, NM is a Single Family that was built in 1983. This property is currently a cash purchase and is not for sale. The lot size of 700 E Cottonwood Ln is 32,904 square feet.

Off market
700 E Cottonwood Ln Hobbs, NM 88242
$37,808 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Est. Equity / %: $253,000 / 100%
  • APN: 4 000 720 440 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Lot: 32,904/SqFt

Legal Description

  • Description: GREENWOOD ACRES SUB-DIV LOT 3 52496 WHITAKER, WELDON GREGG ETUX 42122 CALLAWAY, TERRY CARR ETUX PHOTO 42519
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: 32.789494 / -103.12887
  • Subdivision: Greenwood Acres Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 8524

Ownership Info

700 E Cottonwood Ln has no associated ownership info
700 E Cottonwood Ln has no associated ownership info.

Taxes

700 E Cottonwood Ln has 10 associated Taxes items

700 E 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 $37,808. The APN we've located for 700 E Cottonwood Ln is 4 000 720 440 001.

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Taxes
  • Assessed Value:  $37,808
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 720 440 001
  • Assessed Land Value:  2675
  • Market Land Value:  8025
  • Tax Amount:  875.44
  • Tax Year:  2025
  • Market Value:  113424
  • Market Year:  2025

Tax History

700 E Cottonwood Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,808 Land Value $2,675 Improvement Value $35,133 Tax Amount $875.44 Change Rate -0.011986% Assessed CR Tax Rate +0.023155%
Year 2024 Assessed Value $37,808 Land Value $2,675 Improvement Value $35,133 Tax Amount $886.06 Change Rate -0.013098% Assessed CR Tax Rate +0.023436%
Year 2023 Assessed Value $37,808 Land Value $2,675 Improvement Value $35,133 Tax Amount $897.82 Change Rate +0.066852% Assessed CR Tax Rate +0.023747%
Year 2022 Assessed Value $37,808 Land Value $2,675 Improvement Value $35,133 Tax Amount $841.56 Change Rate +0.032513% Assessed CR Tax Rate +0.022259%
Year 2021 Assessed Value $34,969 Land Value $2,597 Improvement Value $32,372 Tax Amount $815.06 Change Rate +0.050768% Assessed CR Tax Rate +0.023308%
Year 2020 Assessed Value $33,950 Land Value $2,521 Improvement Value $31,429 Tax Amount $775.68 Change Rate +0.050786% Assessed CR Tax Rate +0.022848%
Year 2019 Assessed Value $32,962 Land Value $2,448 Improvement Value $30,514 Tax Amount $738.19 Change Rate -0.249677% Assessed CR Tax Rate +0.022395%
Year 2018 Assessed Value $32,002 Land Value $2,377 Improvement Value $29,625 Tax Amount $983.83 Change Rate +0.029994% Assessed CR Tax Rate +0.030743%
Year 2017 Assessed Value $93,210 Land Value $6,924 Improvement Value $86,286 Tax Amount $955.18 Change Rate Assessed CR Tax Rate +0.010248%
Year 2016 Assessed Value $90,495 Land Value $6,723 Improvement Value $83,772 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $87,861 Land Value $6,528 Improvement Value $81,333 Tax Amount $654.44 Change Rate Assessed CR Tax Rate +0.007449%
Year 2014 Assessed Value $85,302 Land Value $6,339 Improvement Value $78,963 Tax Amount Change Rate Assessed CR Tax Rate