Taxes
- Assessed Value: $31,909
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 163 700 001
- Assessed Land Value: 3339
- Market Land Value: 10017
- Tax Amount: 861.19
- Tax Year: 2025
- Market Value: 95727
- Market Year: 2025
1500 N Penasco Dr; Hobbs, NM Property Details
Off market
1500 N Penasco Dr Hobbs, NM 88240
$89,500 Listing Price
2 Beds
1 Baths
1,100 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1957
- Purchase Price: $89,500
- Open Loans / Balance: 1 / $47,705
- Est. Equity / %: $85,295 / 64.13%
- Inv. Liens: 1
- APN: 4 000 163 700 001
- Situs County: Lea
- Length Of Ownership: 9 years
Rooms
- Bedrooms: 2
- Bathrooms: 1
Measurements
- Total: 1,100/SqFt
- Lot: 7,759/SqFt
- Price Per Square Foot: $81.36
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 13 LOT 13 SEE F5 FOR OLDER FOOTNOTES PHOTO 91919 82817 POTTINGER, DALLAS ETUX 82817 LAREAU, JOH
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.71545 / -103.11829
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4635
HOA
- H O A One Type: Home Owner Association
Ownership Info
1500 N Penasco Dr has no associated ownership info
1500 N Penasco Dr has no associated ownership info.
Taxes
1500 N Penasco Dr has 10 associated Taxes items
1500 N Penasco 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 $31,909. The APN we've located for 1500 N Penasco Dr is 4 000 163 700 001.
Unlock the full reportTax History
1500 N Penasco 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 $31,909 | Land Value $3,339 | Improvement Value $28,570 | Tax Amount $861.19 | Change Rate +0.01715% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $30,980 | Land Value $3,242 | Improvement Value $27,738 | Tax Amount $846.67 | Change Rate +0.016057% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $30,078 | Land Value $3,148 | Improvement Value $26,930 | Tax Amount $833.29 | Change Rate +0.043321% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $30,078 | Land Value $3,148 | Improvement Value $26,930 | Tax Amount $798.69 | Change Rate +0.032633% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $28,351 | Land Value $2,967 | Improvement Value $25,384 | Tax Amount $773.45 | Change Rate +0.015319% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $28,351 | Land Value $2,967 | Improvement Value $25,384 | Tax Amount $761.78 | Change Rate +0.071918% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $26,910 | Land Value $2,967 | Improvement Value $23,943 | Tax Amount $710.67 | Change Rate -0.150901% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $26,910 | Land Value $2,967 | Improvement Value $23,943 | Tax Amount $836.97 | Change Rate +0.427327% | Assessed CR | Tax Rate +0.031103% |
| Year 2017 | Assessed Value $57,333 | Land Value $3,918 | Improvement Value $53,415 | Tax Amount $586.39 | Change Rate | Assessed CR | Tax Rate +0.010228% |
| Year 2016 | Assessed Value $55,662 | Land Value $3,804 | Improvement Value $51,858 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $54,042 | Land Value $3,693 | Improvement Value $50,349 | Tax Amount $474.49 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $52,467 | Land Value $3,585 | Improvement Value $48,882 | Tax Amount | Change Rate | Assessed CR | Tax Rate |