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1514 N Penasco Dr; Hobbs, NM Property Details

1514 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1956. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1514 N Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,294 square feet. The lot size of 1514 N Penasco Dr is 7,718 square feet.

Off market
1514 N Penasco Dr Hobbs, NM 88240
$114,000 Listing Price
3 Beds
1 Baths
1,294 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1956
  • Purchase Price: $11,000,000
  • Est. Equity / %: $192,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 143 840 001
  • Situs County: Lea
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,294/SqFt
  • Lot: 7,718/SqFt
  • Price Per Square Foot: $8500.77

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 13 LOT 16 SEE F5 FOR OLDER FOOTNOTES 92616 ZAMBRANO, AMBER PHOTO 111816
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.715904 / -103.11826
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4635

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1514 N Penasco Dr has no associated ownership info
1514 N Penasco Dr has no associated ownership info.

Taxes

1514 N Penasco Dr has 10 associated Taxes items

1514 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 $37,641. The APN we've located for 1514 N Penasco Dr is 4 000 143 840 001.

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Taxes
  • Assessed Value:  $37,641
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 143 840 001
  • Assessed Land Value:  4127
  • Market Land Value:  12381
  • Tax Amount:  1015.9
  • Tax Year:  2025
  • Market Value:  112923
  • Market Year:  2025

Tax History

1514 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,641 Land Value $4,127 Improvement Value $33,514 Tax Amount $1,015.9 Change Rate +0.017141% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $36,545 Land Value $4,007 Improvement Value $32,538 Tax Amount $998.78 Change Rate +0.016125% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $35,480 Land Value $3,890 Improvement Value $31,590 Tax Amount $982.93 Change Rate +0.043273% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $35,480 Land Value $3,890 Improvement Value $31,590 Tax Amount $942.16 Change Rate +0.032629% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $33,444 Land Value $3,667 Improvement Value $29,777 Tax Amount $912.39 Change Rate +0.015301% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $33,444 Land Value $3,667 Improvement Value $29,777 Tax Amount $898.64 Change Rate +0.017459% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $33,444 Land Value $3,667 Improvement Value $29,777 Tax Amount $883.22 Change Rate -0.150742% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $33,444 Land Value $3,667 Improvement Value $29,777 Tax Amount $1,039.99 Change Rate Assessed CR Tax Rate +0.031096%
Year 2017 Assessed Value $100,332 Land Value $11,001 Improvement Value $89,331 Tax Amount $1,039.99 Change Rate Assessed CR Tax Rate +0.010365%
Year 2016 Assessed Value $95,277 Land Value $11,001 Improvement Value $84,276 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $95,277 Land Value $11,001 Improvement Value $84,276 Tax Amount $588.33 Change Rate Assessed CR Tax Rate +0.006175%
Year 2014 Assessed Value $67,008 Land Value $7,500 Improvement Value $59,508 Tax Amount Change Rate Assessed CR Tax Rate