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1512 N Penasco Dr; Hobbs, NM Property Details

1512 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1512 N Penasco Dr has 4 bedrooms. The lot size of 1512 N Penasco Dr is 7,446 square feet.

Off market
1512 N Penasco Dr Hobbs, NM 88240
$107,000 Listing Price
4 Beds
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $1,526,400
  • Open Loans / Balance: 1 / $1,124,188
  • Est. Equity / %: $-964,188 / -602.62%
  • APN: 4 000 139 100 001
  • Situs County: Lea
  • Length Of Ownership: 12 years, 5 months

Rooms

  • Bedrooms: 4

Measurements

  • Lot: 7,446/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 13 LOT 15 1100-DEVILLIERS, HENRY 11707-FUSA PROPERTIES LLC 41913-MAPP, LANCE W & MALINDA 12914-
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.71577 / -103.11826
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4635

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1512 N Penasco Dr has no associated ownership info
1512 N Penasco Dr has no associated ownership info.

Taxes

1512 N Penasco Dr has 10 associated Taxes items

1512 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 $32,487. The APN we've located for 1512 N Penasco Dr is 4 000 139 100 001.

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Taxes
  • Assessed Value:  $32,487
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 139 100 001
  • Assessed Land Value:  2814
  • Market Land Value:  8442
  • Tax Amount:  876.78
  • Tax Year:  2025
  • Market Value:  97461
  • Market Year:  2025

Tax History

1512 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,487 Land Value $2,814 Improvement Value $29,673 Tax Amount $876.78 Change Rate +0.017134% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $31,541 Land Value $2,732 Improvement Value $28,809 Tax Amount $862.01 Change Rate +0.016102% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $30,622 Land Value $2,652 Improvement Value $27,970 Tax Amount $848.35 Change Rate +0.043301% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $30,622 Land Value $2,652 Improvement Value $27,970 Tax Amount $813.14 Change Rate +0.032611% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $28,864 Land Value $2,500 Improvement Value $26,364 Tax Amount $787.46 Change Rate +0.015304% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $28,864 Land Value $2,500 Improvement Value $26,364 Tax Amount $775.59 Change Rate +0.017461% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $28,864 Land Value $2,500 Improvement Value $26,364 Tax Amount $762.28 Change Rate -0.14439% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $28,864 Land Value $2,500 Improvement Value $26,364 Tax Amount $890.92 Change Rate Assessed CR Tax Rate +0.030866%
Year 2017 Assessed Value $86,592 Land Value $7,500 Improvement Value $79,092 Tax Amount $890.92 Change Rate Assessed CR Tax Rate +0.010289%
Year 2016 Assessed Value $86,592 Land Value $7,500 Improvement Value $79,092 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $86,592 Land Value $7,500 Improvement Value $79,092 Tax Amount $760.29 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $39,090 Land Value $3,585 Improvement Value $35,505 Tax Amount Change Rate Assessed CR Tax Rate