Taxes
- Assessed Value: $33,759
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 056 770 001
- Assessed Land Value: 3189
- Market Land Value: 9567
- Tax Amount: 911.12
- Tax Year: 2025
- Market Value: 101277
- Market Year: 2025
1501 N Penasco Dr; Hobbs, NM Property Details
Off market
1501 N Penasco Dr Hobbs, NM 88240
$107,000 Listing Price
3 Beds
1,298 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1954
- Purchase Price: $10,647,600
- Open Loans / Balance: 1 / $8,018,763
- Est. Equity / %: $-7,850,763 / -4,673.07%
- APN: 4 000 056 770 001
- Situs County: Lea
- Length Of Ownership: 11 years, 9 months
Rooms
- Bedrooms: 3
Measurements
- Total: 1,298/SqFt
- Lot: 9,146/SqFt
- Price Per Square Foot: $8203.08
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 14 LOT 7 3805-CITIFINANCIAL MORTGAGE 21307-MOORE, MICHAEL WAYNE ETAL 92514-LEE, DONNA K PHOTO 1
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.71552 / -103.11878
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4636
HOA
- H O A One Type: Home Owner Association
Ownership Info
1501 N Penasco Dr has no associated ownership info
1501 N Penasco Dr has no associated ownership info.
Taxes
1501 N Penasco Dr has 10 associated Taxes items
1501 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 $33,759. The APN we've located for 1501 N Penasco Dr is 4 000 056 770 001.
Unlock the full reportTax History
1501 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 $33,759 | Land Value $3,189 | Improvement Value $30,570 | Tax Amount $911.12 | Change Rate +0.017125% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $32,776 | Land Value $3,096 | Improvement Value $29,680 | Tax Amount $895.78 | Change Rate +0.016084% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $31,822 | Land Value $3,006 | Improvement Value $28,816 | Tax Amount $881.6 | Change Rate +0.043301% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $31,822 | Land Value $3,006 | Improvement Value $28,816 | Tax Amount $845.01 | Change Rate +0.032666% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $29,995 | Land Value $2,833 | Improvement Value $27,162 | Tax Amount $818.28 | Change Rate +0.015286% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $29,995 | Land Value $2,833 | Improvement Value $27,162 | Tax Amount $805.96 | Change Rate +0.017459% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $29,995 | Land Value $2,833 | Improvement Value $27,162 | Tax Amount $792.13 | Change Rate -0.146577% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $29,995 | Land Value $2,833 | Improvement Value $27,162 | Tax Amount $928.18 | Change Rate | Assessed CR | Tax Rate +0.030944% |
| Year 2017 | Assessed Value $89,985 | Land Value $8,499 | Improvement Value $81,486 | Tax Amount $928.18 | Change Rate | Assessed CR | Tax Rate +0.010315% |
| Year 2016 | Assessed Value $89,985 | Land Value $8,499 | Improvement Value $81,486 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $89,985 | Land Value $8,499 | Improvement Value $81,486 | Tax Amount $790.06 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $68,718 | Land Value $8,499 | Improvement Value $60,219 | Tax Amount | Change Rate | Assessed CR | Tax Rate |