Taxes
- Assessed Value: $38,736
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 112 050 001
- Assessed Land Value: 4583
- Market Land Value: 13749
- Tax Amount: 1045.44
- Tax Year: 2025
- Market Value: 116208
- Market Year: 2025
1403 N Pennington Dr; Hobbs, NM Property Details
Off market
1403 N Pennington Dr Hobbs, NM 88240
$137,500 Listing Price
4 Beds
2 Baths
1,400 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Year Built: 1955
- Purchase Price: $164,587
- Open Loans / Balance: 2 / $229,676
- Est. Equity / %: $-68,676 / -42.66%
- Inv. Liens: 2
- APN: 4 000 112 050 001
- Situs County: Lea
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Measurements
- Total: 1,400/SqFt
- Lot: 5,595/SqFt
- Price Per Square Foot: $117.56
Legal Description
- Description: DALE BELLAMAH ADD UNIT 2 BLOCK 16 LOT 24 51211 ORIGINALES, JOSE ETUX 32122 ORIGINALES, RICARDO PHOTO 82622
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: 32.71457 / -103.151024
- Subdivision: Dale Bellamah Add
- Property Class: Residential
Amenities
- Plus Four: 3624
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1403 N Pennington Dr has no associated ownership info
1403 N Pennington Dr has no associated ownership info.
Taxes
1403 N Pennington Dr has 10 associated Taxes items
1403 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 $38,736. The APN we've located for 1403 N Pennington Dr is 4 000 112 050 001.
Unlock the full reportTax History
1403 N Pennington Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $38,736 | Land Value $4,583 | Improvement Value $34,153 | Tax Amount $1,045.44 | Change Rate -0.012478% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $38,736 | Land Value $4,583 | Improvement Value $34,153 | Tax Amount $1,058.65 | Change Rate -0.013512% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $38,736 | Land Value $4,583 | Improvement Value $34,153 | Tax Amount $1,073.15 | Change Rate +2.0939% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $38,736 | Land Value $4,583 | Improvement Value $34,153 | Tax Amount $346.86 | Change Rate +0.032598% | Assessed CR | Tax Rate +0.008954% |
| Year 2021 | Assessed Value $12,313 | Land Value $1,083 | Improvement Value $11,230 | Tax Amount $335.91 | Change Rate +0.045732% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $11,954 | Land Value $1,051 | Improvement Value $10,903 | Tax Amount $321.22 | Change Rate +0.048129% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $11,605 | Land Value $1,020 | Improvement Value $10,585 | Tax Amount $306.47 | Change Rate -0.119111% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $11,267 | Land Value $990 | Improvement Value $10,277 | Tax Amount $347.91 | Change Rate +0.02999% | Assessed CR | Tax Rate +0.030879% |
| Year 2017 | Assessed Value $32,817 | Land Value $2,883 | Improvement Value $29,934 | Tax Amount $337.78 | Change Rate | Assessed CR | Tax Rate +0.010293% |
| Year 2016 | Assessed Value $31,860 | Land Value $2,799 | Improvement Value $29,061 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $30,933 | Land Value $2,718 | Improvement Value $28,215 | Tax Amount $271.58 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $30,033 | Land Value $2,640 | Improvement Value $27,393 | Tax Amount | Change Rate | Assessed CR | Tax Rate |