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1425 N Pennington Dr; Hobbs, NM Property Details

1425 N Pennington Dr, Hobbs, NM is a Single Family that was built in 1991. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1425 N Pennington Dr has 3 bedrooms, and a total of 1,181 square feet. The lot size of 1425 N Pennington Dr is 6,523 square feet.

Off market
1425 N Pennington Dr Hobbs, NM 88240
$90,000 Listing Price
3 Beds
1,181 SqFt
Property 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.

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Taxes
  • 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

Tax History

1425 N Pennington Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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