Taxes
- Assessed Value: $23,561
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 057 330 001
- Assessed Land Value: 2732
- Market Land Value: 8196
- Tax Amount: 635.88
- Tax Year: 2025
- Market Value: 70683
- Market Year: 2025
1516 E Penasco Dr; Hobbs, NM Property Details
Off market
1516 E Penasco Dr Hobbs, NM 88240
$23,561 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Open Loans / Balance: 1 / $66,343
- Est. Equity / %: $110,657 / 62.52%
- Inv. Liens: 1
- APN: 4 000 057 330 001
- Situs County: Lea
- Length Of Ownership: 2 years
Measurements
- Lot: 7,599/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 5 LOT 5 SEE F5 MEMO FOR OLDER FOOTNOTES PHOTO 060611 83118 WD 2138864
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.722942 / -103.118095
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3255
HOA
- H O A One Type: Home Owner Association
Ownership Info
1516 E Penasco Dr has no associated ownership info
1516 E Penasco Dr has no associated ownership info.
Taxes
1516 E Penasco Dr has 10 associated Taxes items
1516 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 $23,561. The APN we've located for 1516 E Penasco Dr is 4 000 057 330 001.
Unlock the full reportTax History
1516 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 $23,561 | Land Value $2,732 | Improvement Value $20,829 | Tax Amount $635.88 | Change Rate +0.017164% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $22,874 | Land Value $2,652 | Improvement Value $20,222 | Tax Amount $625.15 | Change Rate +0.016108% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $22,208 | Land Value $2,575 | Improvement Value $19,633 | Tax Amount $615.24 | Change Rate +0.04331% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $22,208 | Land Value $2,575 | Improvement Value $19,633 | Tax Amount $589.7 | Change Rate +0.002567% | Assessed CR | Tax Rate +0.026553% |
| Year 2021 | Assessed Value $21,561 | Land Value $2,500 | Improvement Value $19,061 | Tax Amount $588.19 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $21,561 | Land Value $2,500 | Improvement Value $19,061 | Tax Amount $579.33 | Change Rate +0.017439% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $21,561 | Land Value $2,500 | Improvement Value $19,061 | Tax Amount $569.4 | Change Rate -0.152464% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $21,561 | Land Value $2,500 | Improvement Value $19,061 | Tax Amount $671.83 | Change Rate | Assessed CR | Tax Rate +0.03116% |
| Year 2017 | Assessed Value $64,683 | Land Value $7,500 | Improvement Value $57,183 | Tax Amount $671.83 | Change Rate | Assessed CR | Tax Rate +0.010387% |
| Year 2016 | Assessed Value $64,683 | Land Value $7,500 | Improvement Value $57,183 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $64,683 | Land Value $7,500 | Improvement Value $57,183 | Tax Amount $567.89 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $64,683 | Land Value $7,500 | Improvement Value $57,183 | Tax Amount | Change Rate | Assessed CR | Tax Rate |