Taxes
- Assessed Value: $62,722
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 981 211 103 830
- Assessed Land Value: 10609
- Market Land Value: 31827
- Tax Amount: 1452.32
- Tax Year: 2025
- Market Value: 188166
- Market Year: 2025
708 W Cottonwood Ln; Hobbs, NM Property Details
Off market
708 W Cottonwood Ln Hobbs, NM 88242
$62,722 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Purchase Price: $211,000
- Open Loans / Balance: 1 / $181,821
- Est. Equity / %: $60,179 / 24.87%
- APN: 4 981 211 103 830
- Situs County: Lea
- Length Of Ownership: 5 years, 9 months
Measurements
- Lot: 95,356/SqFt
Legal Description
- Description: LIBBA LAND SUB-DIV BLOCK 3 LOT 2 11718 2141897 CAB F, SLIDE 102 LIBBA LAND SUB-DIV PLAT 102020 REDESC FR 42038 102020 YMH INC
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: 32.790318 / -103.14387
- Subdivision: Libba Land Sub-Div
- Property Class: Residential
Amenities
- Plus Four: 8091
Ownership Info
708 W Cottonwood Ln has no associated ownership info
708 W Cottonwood Ln has no associated ownership info.
Taxes
708 W Cottonwood Ln has 10 associated Taxes items
708 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 $62,722. The APN we've located for 708 W Cottonwood Ln is 4 981 211 103 830.
Unlock the full reportTax History
708 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 $62,722 | Land Value $10,609 | Improvement Value $52,113 | Tax Amount $1,452.32 | Change Rate -0.012% | Assessed CR | Tax Rate +0.023155% |
| Year 2024 | Assessed Value $62,722 | Land Value $10,609 | Improvement Value $52,113 | Tax Amount $1,469.96 | Change Rate -0.013092% | Assessed CR | Tax Rate +0.023436% |
| Year 2023 | Assessed Value $62,722 | Land Value $10,609 | Improvement Value $52,113 | Tax Amount $1,489.46 | Change Rate +0.016349% | Assessed CR | Tax Rate +0.023747% |
| Year 2022 | Assessed Value $62,722 | Land Value $10,609 | Improvement Value $52,113 | Tax Amount $1,465.5 | Change Rate +0.002449% | Assessed CR | Tax Rate +0.023365% |
| Year 2021 | Assessed Value $62,722 | Land Value $10,609 | Improvement Value $52,113 | Tax Amount $1,461.92 | 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 |