Taxes
- Assessed Value: $29,149
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 041 790 001
- Assessed Land Value: 2793
- Market Land Value: 8379
- Tax Amount: 732.71
- Tax Year: 2025
- Market Value: 87447
- Market Year: 2025
1507 E Penasco Dr; Hobbs, NM Property Details
Off market
1507 E Penasco Dr Hobbs, NM 88240
$105,000 Listing Price
3 Beds
1 Baths
1,442 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1955
- Purchase Price: $88,900
- Open Loans / Balance: 1 / $88,293
- Est. Equity / %: $27,707 / 23.89%
- Inv. Liens: 1
- APN: 4 000 041 790 001
- Situs County: Lea
- Length Of Ownership: 7 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,442/SqFt
- Lot: 6,166/SqFt
- Price Per Square Foot: $61.65
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 7 LOT 28 PHOTO 0408 12718 WARDEN, VICTOR D ETAL 41219 FEDERAL NATIONAL MORTGAGE ASSOCIATION 412
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.722515 / -103.118034
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3213
HOA
- H O A One Type: Home Owner Association
Ownership Info
1507 E Penasco Dr has no associated ownership info
1507 E Penasco Dr has no associated ownership info.
Taxes
1507 E Penasco Dr has 10 associated Taxes items
1507 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 $29,149. The APN we've located for 1507 E Penasco Dr is 4 000 041 790 001.
Unlock the full reportTax History
1507 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 $29,149 | Land Value $2,793 | Improvement Value $26,356 | Tax Amount $732.71 | Change Rate +0.019394% | Assessed CR | Tax Rate +0.025137% |
| Year 2024 | Assessed Value $28,300 | Land Value $2,712 | Improvement Value $25,588 | Tax Amount $718.77 | Change Rate +0.018376% | Assessed CR | Tax Rate +0.025398% |
| Year 2023 | Assessed Value $27,476 | Land Value $2,633 | Improvement Value $24,843 | Tax Amount $705.8 | Change Rate +0.012931% | Assessed CR | Tax Rate +0.025688% |
| Year 2022 | Assessed Value $27,476 | Land Value $2,633 | Improvement Value $24,843 | Tax Amount $696.79 | Change Rate +0.002561% | Assessed CR | Tax Rate +0.02536% |
| Year 2021 | Assessed Value $27,476 | Land Value $2,633 | Improvement Value $24,843 | Tax Amount $695.01 | Change Rate +0.01531% | Assessed CR | Tax Rate +0.025295% |
| Year 2020 | Assessed Value $27,476 | Land Value $2,633 | Improvement Value $24,843 | Tax Amount $684.53 | Change Rate -0.043004% | Assessed CR | Tax Rate +0.024914% |
| Year 2019 | Assessed Value $27,085 | Land Value $2,500 | Improvement Value $24,585 | Tax Amount $715.29 | Change Rate -0.145973% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $27,085 | Land Value $2,500 | Improvement Value $24,585 | Tax Amount $837.55 | Change Rate | Assessed CR | Tax Rate +0.030923% |
| Year 2017 | Assessed Value $81,255 | Land Value $7,500 | Improvement Value $73,755 | Tax Amount $837.55 | Change Rate | Assessed CR | Tax Rate +0.010308% |
| Year 2016 | Assessed Value $81,255 | Land Value $7,500 | Improvement Value $73,755 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $81,255 | Land Value $7,500 | Improvement Value $73,755 | Tax Amount $713.43 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $81,255 | Land Value $7,500 | Improvement Value $73,755 | Tax Amount | Change Rate | Assessed CR | Tax Rate |