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1505 W Ponderosa Dr; Hobbs, NM Property Details

1505 W Ponderosa Dr, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale.

Off market
1505 W Ponderosa Dr Hobbs, NM 88242
$66,981 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Purchase Price: $194,500
  • Est. Equity / %: $283,000 / 100%
  • Inv. Liens: 1
  • APN: 4 991 115 112 927
  • Situs County: Lea
  • Length Of Ownership: 5 years, 9 months

Legal Description

  • Description: THE MEADOWS SUB-DIV UNIT 2 LOT 58
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 / -103.154686
  • Subdivision: The Meadows Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 0998

Ownership Info

1505 W Ponderosa Dr has no associated ownership info
1505 W Ponderosa Dr has no associated ownership info.

Taxes

1505 W Ponderosa Dr has 10 associated Taxes items

1505 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 $66,981. The APN we've located for 1505 W Ponderosa Dr is 4 991 115 112 927.

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Taxes
  • Assessed Value:  $66,981
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 991 115 112 927
  • Assessed Land Value:  10609
  • Market Land Value:  31827
  • Tax Amount:  1807.75
  • Tax Year:  2025
  • Market Value:  200943
  • Market Year:  2025

Tax History

1505 W Ponderosa Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,981 Land Value $10,609 Improvement Value $56,372 Tax Amount $1,807.75 Change Rate +0.01715% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $65,030 Land Value $10,300 Improvement Value $54,730 Tax Amount $1,777.27 Change Rate +0.016088% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $63,136 Land Value $10,000 Improvement Value $53,136 Tax Amount $1,749.13 Change Rate +0.012926% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $63,136 Land Value $10,000 Improvement Value $53,136 Tax Amount $1,726.81 Change Rate +0.00256% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $63,136 Land Value $10,000 Improvement Value $53,136 Tax Amount $1,722.4 Change Rate +5.234706% 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%