Taxes
- Assessed Value: $12,286
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 014 980 001
- Assessed Land Value: 969
- Market Land Value: 2907
- Tax Amount: 331.58
- Tax Year: 2025
- Market Value: 36858
- Market Year: 2025
1116 N Pennington Dr, 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 $12,286. The APN we've located for 1116 N Pennington Dr is 4 000 014 980 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $12,286 | Land Value $969 | Improvement Value $11,317 | Tax Amount $331.58 | Change Rate +0.017148% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $11,928 | Land Value $941 | Improvement Value $10,987 | Tax Amount $325.99 | Change Rate +0.01602% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $11,581 | Land Value $914 | Improvement Value $10,667 | Tax Amount $320.85 | Change Rate +0.043415% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $11,581 | Land Value $914 | Improvement Value $10,667 | Tax Amount $307.5 | Change Rate +0.032676% | Assessed CR | Tax Rate +0.026552% |
| Year 2021 | Assessed Value $10,915 | Land Value $861 | Improvement Value $10,054 | Tax Amount $297.77 | Change Rate +0.045798% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $10,597 | Land Value $836 | Improvement Value $9,761 | Tax Amount $284.73 | Change Rate +0.04788% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $10,289 | Land Value $812 | Improvement Value $9,477 | Tax Amount $271.72 | Change Rate -0.116501% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $9,989 | Land Value $788 | Improvement Value $9,201 | Tax Amount $307.55 | Change Rate +0.030008% | Assessed CR | Tax Rate +0.030789% |
| Year 2017 | Assessed Value $29,094 | Land Value $2,295 | Improvement Value $26,799 | Tax Amount $298.59 | Change Rate -0.702674% | Assessed CR | Tax Rate +0.010263% |
| Year 2016 | Assessed Value $28,248 | Land Value $2,229 | Improvement Value $26,019 | Tax Amount $1,004.25 | Change Rate +0.123963% | Assessed CR | Tax Rate +0.035551% |
| Year 2015 | Assessed Value $27,423 | Land Value $2,163 | Improvement Value $25,260 | Tax Amount $893.49 | Change Rate +0.070753% | Assessed CR | Tax Rate +0.032582% |
| Year 2014 | Assessed Value $26,625 | Land Value $2,100 | Improvement Value $24,525 | Tax Amount $834.45 | Change Rate | Assessed CR | Tax Rate +0.031341% |