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1402 N Pennington Dr; Hobbs, NM Property Details

1402 N Pennington Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 1402 N Pennington Dr is 6,988 square feet.

Off market
1402 N Pennington Dr Hobbs, NM 88240
$25,229 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $6,169,700
  • Open Loans / Balance: 1 / $4,105,424
  • Est. Equity / %: $-3,948,424 / -2,514.92%
  • APN: 4 000 049 020 001
  • Situs County: Lea
  • Length Of Ownership: 13 years, 3 months

Measurements

  • Lot: 6,988/SqFt

Legal Description

  • Description: DALE BELLAMAH ADD UNIT 2 BLOCK 7A LOT 22 REPLAT FORMERLY LOT 45 PHOTO 070720 4162013-KEEN, WILLIAM VAN ESTATES BY BRUCE KEEN
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: 32.71444 / -103.150566
  • Subdivision: Dale Bellamah Add
  • Property Class: Residential

Amenities

  • Plus Four: 3625

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1402 N Pennington Dr has no associated ownership info
1402 N Pennington Dr has no associated ownership info.

Taxes

1402 N Pennington Dr has 10 associated Taxes items

1402 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 $25,229. The APN we've located for 1402 N Pennington Dr is 4 000 049 020 001.

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Taxes
  • Assessed Value:  $25,229
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 049 020 001
  • Assessed Land Value:  1639
  • Market Land Value:  4917
  • Tax Amount:  680.9
  • Tax Year:  2025
  • Market Value:  75687
  • Market Year:  2025

Tax History

1402 N Pennington Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,229 Land Value $1,639 Improvement Value $23,590 Tax Amount $680.9 Change Rate +0.017149% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $24,494 Land Value $1,591 Improvement Value $22,903 Tax Amount $669.42 Change Rate +0.016089% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $23,781 Land Value $1,545 Improvement Value $22,236 Tax Amount $658.82 Change Rate +0.043279% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $23,781 Land Value $1,545 Improvement Value $22,236 Tax Amount $631.49 Change Rate +0.030651% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $22,459 Land Value $1,500 Improvement Value $20,959 Tax Amount $612.71 Change Rate +0.32495% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $17,210 Land Value $1,500 Improvement Value $15,710 Tax Amount $462.44 Change Rate +0.01747% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $17,210 Land Value $1,500 Improvement Value $15,710 Tax Amount $454.5 Change Rate -0.144551% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $17,210 Land Value $1,500 Improvement Value $15,710 Tax Amount $531.3 Change Rate Assessed CR Tax Rate +0.030872%
Year 2017 Assessed Value $51,630 Land Value $4,500 Improvement Value $47,130 Tax Amount $531.3 Change Rate Assessed CR Tax Rate +0.010291%
Year 2016 Assessed Value $51,630 Land Value $4,500 Improvement Value $47,130 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $51,630 Land Value $4,500 Improvement Value $47,130 Tax Amount $453.32 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $51,630 Land Value $4,500 Improvement Value $47,130 Tax Amount Change Rate Assessed CR Tax Rate