- 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
1514 N Penasco Dr; Hobbs, NM Property Details
Off market
1514 N Penasco Dr Hobbs, NM 88240
$114,000 Listing Price
3 Beds
1 Baths
1,294 SqFt
Property Type
Single FamilyProperty 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.
Unlock the full reportTaxes
Tax History
1514 N 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 $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 |