Taxes
- Assessed Value: $19,791
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 049 200 001
- Assessed Land Value: 1309
- Market Land Value: 3927
- Tax Amount: 480.17
- Tax Year: 2025
- Market Value: 59373
- Market Year: 2025
1408 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 $19,791. The APN we've located for 1408 N Pennington Dr is 4 000 049 200 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $19,791 | Land Value $1,309 | Improvement Value $18,482 | Tax Amount $480.17 | Change Rate +0.020574% | Assessed CR | Tax Rate +0.024262% |
| Year 2024 | Assessed Value $19,215 | Land Value $1,271 | Improvement Value $17,944 | Tax Amount $470.49 | Change Rate +0.019701% | Assessed CR | Tax Rate +0.024486% |
| Year 2023 | Assessed Value $18,655 | Land Value $1,234 | Improvement Value $17,421 | Tax Amount $461.4 | Change Rate +0.047042% | Assessed CR | Tax Rate +0.024733% |
| Year 2022 | Assessed Value $18,655 | Land Value $1,234 | Improvement Value $17,421 | Tax Amount $440.67 | Change Rate +0.036505% | Assessed CR | Tax Rate +0.023622% |
| Year 2021 | Assessed Value $17,584 | Land Value $1,163 | Improvement Value $16,421 | Tax Amount $425.15 | Change Rate +0.049805% | Assessed CR | Tax Rate +0.024178% |
| Year 2020 | Assessed Value $17,072 | Land Value $1,129 | Improvement Value $15,943 | Tax Amount $404.98 | Change Rate +0.052142% | Assessed CR | Tax Rate +0.023722% |
| Year 2019 | Assessed Value $16,575 | Land Value $1,096 | Improvement Value $15,479 | Tax Amount $384.91 | Change Rate -0.186924% | Assessed CR | Tax Rate +0.023222% |
| Year 2018 | Assessed Value $16,092 | Land Value $1,064 | Improvement Value $15,028 | Tax Amount $473.4 | Change Rate +0.031328% | Assessed CR | Tax Rate +0.029418% |
| Year 2017 | Assessed Value $46,869 | Land Value $3,099 | Improvement Value $43,770 | Tax Amount $459.02 | Change Rate | Assessed CR | Tax Rate +0.009794% |
| Year 2016 | Assessed Value $45,504 | Land Value $3,009 | Improvement Value $42,495 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $44,178 | Land Value $2,922 | Improvement Value $41,256 | Tax Amount $335.2 | Change Rate | Assessed CR | Tax Rate +0.007587% |
| Year 2014 | Assessed Value $42,891 | Land Value $2,838 | Improvement Value $40,053 | Tax Amount | Change Rate | Assessed CR | Tax Rate |