Taxes
- Assessed Value: $29,745
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 027 620 001
- Assessed Land Value: 3167
- Market Land Value: 9501
- Tax Amount: 802.79
- Tax Year: 2025
- Market Value: 89235
- Market Year: 2025
1501 E Penasco Dr; Hobbs, NM Property Details
Off market
1501 E Penasco Dr Hobbs, NM 88240
$29,745 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $120,032
- Open Loans: 1
- Inv. Liens: 1
- APN: 4 000 027 620 001
- Situs County: Lea
- Length Of Ownership: 1 year, 8 months
Measurements
- Lot: 5,464/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 7 LOT 27 91824 EHART, CAROLYN L 102324 EHART, MICHAEL R ETUX
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.72244 / -103.11819
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3213
HOA
- H O A One Type: Home Owner Association
Ownership Info
1501 E Penasco Dr has no associated ownership info
1501 E Penasco Dr has no associated ownership info.
Taxes
1501 E Penasco Dr has 10 associated Taxes items
1501 E 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 $29,745. The APN we've located for 1501 E Penasco Dr is 4 000 027 620 001.
Unlock the full reportTax History
1501 E 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 $29,745 | Land Value $3,167 | Improvement Value $26,578 | Tax Amount $802.79 | Change Rate +2.07288% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $11,559 | Land Value $1,700 | Improvement Value $9,859 | Tax Amount $261.25 | Change Rate +0.022585% | Assessed CR | Tax Rate +0.022601% |
| Year 2023 | Assessed Value $11,222 | Land Value $1,650 | Improvement Value $9,572 | Tax Amount $255.48 | Change Rate +0.050105% | Assessed CR | Tax Rate +0.022766% |
| Year 2022 | Assessed Value $11,222 | Land Value $1,650 | Improvement Value $9,572 | Tax Amount $243.29 | Change Rate +0.039745% | Assessed CR | Tax Rate +0.02168% |
| Year 2021 | Assessed Value $10,577 | Land Value $1,555 | Improvement Value $9,022 | Tax Amount $233.99 | Change Rate +0.05306% | Assessed CR | Tax Rate +0.022123% |
| Year 2020 | Assessed Value $10,269 | Land Value $1,510 | Improvement Value $8,759 | Tax Amount $222.2 | Change Rate +0.055682% | Assessed CR | Tax Rate +0.021638% |
| Year 2019 | Assessed Value $9,970 | Land Value $1,466 | Improvement Value $8,504 | Tax Amount $210.48 | Change Rate -0.260436% | Assessed CR | Tax Rate +0.021111% |
| Year 2018 | Assessed Value $9,679 | Land Value $1,423 | Improvement Value $8,256 | Tax Amount $284.6 | Change Rate +0.032057% | Assessed CR | Tax Rate +0.029404% |
| Year 2017 | Assessed Value $28,194 | Land Value $4,146 | Improvement Value $24,048 | Tax Amount $275.76 | Change Rate | Assessed CR | Tax Rate +0.009781% |
| Year 2016 | Assessed Value $27,375 | Land Value $4,026 | Improvement Value $23,349 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $26,577 | Land Value $3,909 | Improvement Value $22,668 | Tax Amount $180.67 | Change Rate | Assessed CR | Tax Rate +0.006798% |
| Year 2014 | Assessed Value $25,803 | Land Value $3,795 | Improvement Value $22,008 | Tax Amount | Change Rate | Assessed CR | Tax Rate |