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1501 W Ponderosa Dr; Hobbs, NM Property Details

1501 W Ponderosa Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale.

Off market
1501 W Ponderosa Dr Hobbs, NM 88242
$60,012 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $223,900
  • Est. Equity / %: $277,000 / 100%
  • Inv. Liens: 1
  • APN: 4 991 115 112 950
  • Situs County: Lea
  • Length Of Ownership: 5 years, 7 months

Legal Description

  • Description: THE MEADOWS SUB-DIV UNIT 2 LOT 59 111319 REDESC FR 75972 111319 THE MEADOWS SUB-DIV U-2 PLAT 2158564 CAB G, SL 275 3520 REDES
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: 32.771805 / -103.154526
  • Subdivision: The Meadows Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 0998

Ownership Info

1501 W Ponderosa Dr has no associated ownership info
1501 W Ponderosa Dr has no associated ownership info.

Taxes

1501 W Ponderosa Dr has 10 associated Taxes items

1501 W Ponderosa 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 $60,012. The APN we've located for 1501 W Ponderosa Dr is 4 991 115 112 950.

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Taxes
  • Assessed Value:  $60,012
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 991 115 112 950
  • Assessed Land Value:  10300
  • Market Land Value:  30900
  • Tax Amount:  1619.67
  • Tax Year:  2025
  • Market Value:  180036
  • Market Year:  2025

Tax History

1501 W Ponderosa Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,012 Land Value $10,300 Improvement Value $49,712 Tax Amount $1,619.67 Change Rate +0.017151% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $58,264 Land Value $10,000 Improvement Value $48,264 Tax Amount $1,592.36 Change Rate -0.013493% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $58,264 Land Value $10,000 Improvement Value $48,264 Tax Amount $1,614.14 Change Rate +0.012895% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $58,264 Land Value $10,000 Improvement Value $48,264 Tax Amount $1,593.59 Change Rate +0.002567% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $58,264 Land Value $10,000 Improvement Value $48,264 Tax Amount $1,589.51 Change Rate +4.753674% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $8,240 Land Value $8,240 Improvement Value Tax Amount $276.26 Change Rate Assessed CR Tax Rate +0.033527%