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1502 W Ponderosa Dr; Hobbs, NM Property Details

1502 W Ponderosa Dr, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale.

Off market
1502 W Ponderosa Dr Hobbs, NM 88242
$73,120 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $219,100
  • Open Loans / Balance: 1 / $243,562
  • Est. Equity / %: $63,438 / 20.66%
  • Inv. Liens: 1
  • APN: 4 991 115 113 730
  • Situs County: Lea
  • Length Of Ownership: 5 years, 7 months

Legal Description

  • Description: THE MEADOWS SUB-DIV UNIT 2 LOT 70
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: 32.772285 / -103.15455
  • Subdivision: The Meadows Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 0998

Ownership Info

1502 W Ponderosa Dr has no associated ownership info
1502 W Ponderosa Dr has no associated ownership info.

Taxes

1502 W Ponderosa Dr has 10 associated Taxes items

1502 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 $73,120. The APN we've located for 1502 W Ponderosa Dr is 4 991 115 113 730.

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Taxes
  • Assessed Value:  $73,120
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 991 115 113 730
  • Assessed Land Value:  10609
  • Market Land Value:  31827
  • Tax Amount:  1973.43
  • Tax Year:  2025
  • Market Value:  219360
  • Market Year:  2025

Tax History

1502 W Ponderosa Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,120 Land Value $10,609 Improvement Value $62,511 Tax Amount $1,973.43 Change Rate +0.017148% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $70,990 Land Value $10,300 Improvement Value $60,690 Tax Amount $1,940.16 Change Rate +0.016099% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $68,922 Land Value $10,000 Improvement Value $58,922 Tax Amount $1,909.42 Change Rate +0.012917% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $68,922 Land Value $10,000 Improvement Value $58,922 Tax Amount $1,885.07 Change Rate +0.002563% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $68,922 Land Value $10,000 Improvement Value $58,922 Tax Amount $1,880.25 Change Rate Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $82,400 Land Value $82,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate