- Assessed Value: $26,342
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 018 140 001
- Assessed Land Value: 3019
- Market Land Value: 9057
- Tax Amount: 710.95
- Tax Year: 2025
- Market Value: 79026
- Market Year: 2025
1425 N Pennington Dr; Hobbs, NM Property Details
Off market
1425 N Pennington Dr Hobbs, NM 88240
$90,000 Listing Price
3 Beds
1,181 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1991
- Purchase Price: $8,010,500
- Open Loans / Balance: 1 / $5,994,709
- Est. Equity / %: $-5,850,709 / -4,062.99%
- Inv. Liens: 2
- APN: 4 000 018 140 001
- Situs County: Lea
- Length Of Ownership: 11 years, 3 months
Rooms
- Bedrooms: 3
Measurements
- Total: 1,181/SqFt
- Lot: 6,523/SqFt
- Price Per Square Foot: $6782.81
Legal Description
- Description: DALE BELLAMAH ADD UNIT 2 BLOCK 16 LOT 28 1991-SHAW, BOBBY E 22813-ESPINOZA, MANUEL CASE NO. D-506-CV-2012-00514 5913-NEW JERS
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: 32.71523 / -103.15076
- Subdivision: Dale Bellamah Add
- Property Class: Residential
Amenities
- Plus Four: 3624
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1425 N Pennington Dr has no associated ownership info
1425 N Pennington Dr has no associated ownership info.
Taxes
1425 N Pennington Dr has 10 associated Taxes items
1425 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 $26,342. The APN we've located for 1425 N Pennington Dr is 4 000 018 140 001.
Unlock the full reportTaxes
Tax History
1425 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 $26,342 | Land Value $3,019 | Improvement Value $23,323 | Tax Amount $710.95 | Change Rate +0.017154% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $25,575 | Land Value $2,931 | Improvement Value $22,644 | Tax Amount $698.96 | Change Rate +0.016093% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $24,830 | Land Value $2,846 | Improvement Value $21,984 | Tax Amount $687.89 | Change Rate +0.043301% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $24,830 | Land Value $2,846 | Improvement Value $21,984 | Tax Amount $659.34 | Change Rate +0.032623% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $23,405 | Land Value $2,683 | Improvement Value $20,722 | Tax Amount $638.51 | Change Rate +0.015313% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $23,405 | Land Value $2,683 | Improvement Value $20,722 | Tax Amount $628.88 | Change Rate +0.017424% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $23,405 | Land Value $2,683 | Improvement Value $20,722 | Tax Amount $618.11 | Change Rate -0.152089% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $23,405 | Land Value $2,683 | Improvement Value $20,722 | Tax Amount $728.98 | Change Rate | Assessed CR | Tax Rate +0.031146% |
| Year 2017 | Assessed Value $70,215 | Land Value $8,049 | Improvement Value $62,166 | Tax Amount $728.98 | Change Rate | Assessed CR | Tax Rate +0.010382% |
| Year 2016 | Assessed Value $70,215 | Land Value $8,049 | Improvement Value $62,166 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $70,215 | Land Value $8,049 | Improvement Value $62,166 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $46,443 | Land Value $5,001 | Improvement Value $41,442 | Tax Amount | Change Rate | Assessed CR | Tax Rate |