Taxes
- Assessed Value: $17,181
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 071 550 001
- Assessed Land Value: 2732
- Market Land Value: 8196
- Tax Amount: 463.69
- Tax Year: 2025
- Market Value: 51543
- Market Year: 2025
1518 N Penasco Dr; Hobbs, NM Property Details
Off market
1518 N Penasco Dr Hobbs, NM 88240
$17,181 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1989
- Purchase Price: $83,000
- Open Loans / Balance: 1 / $42,529
- Est. Equity / %: $119,471 / 73.75%
- Inv. Liens: 1
- APN: 4 000 071 550 001
- Situs County: Lea
- Length Of Ownership: 6 years, 7 months
Measurements
- Lot: 7,455/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 13 LOT 17 12111-ESCROW 1713901 PHOTO 211 112119 POTTINGER, DALLAS ETUX 112219 GARCIA, GERARDO G
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.716106 / -103.11826
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4635
HOA
- H O A One Type: Home Owner Association
Ownership Info
1518 N Penasco Dr has no associated ownership info
1518 N Penasco Dr has no associated ownership info.
Taxes
1518 N Penasco Dr has 10 associated Taxes items
1518 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 $17,181. The APN we've located for 1518 N Penasco Dr is 4 000 071 550 001.
Unlock the full reportTax History
1518 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 $17,181 | Land Value $2,732 | Improvement Value $14,449 | Tax Amount $463.69 | Change Rate +0.017154% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,680 | Land Value $2,652 | Improvement Value $14,028 | Tax Amount $455.87 | Change Rate +0.016115% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $16,194 | Land Value $2,575 | Improvement Value $13,619 | Tax Amount $448.64 | Change Rate +0.043325% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $16,194 | Land Value $2,575 | Improvement Value $13,619 | Tax Amount $430.01 | Change Rate +0.002588% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $15,722 | Land Value $2,500 | Improvement Value $13,222 | Tax Amount $428.9 | Change Rate +0.015292% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $15,722 | Land Value $2,500 | Improvement Value $13,222 | Tax Amount $422.44 | Change Rate +0.017462% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $15,722 | Land Value $2,500 | Improvement Value $13,222 | Tax Amount $415.19 | Change Rate -0.164036% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $15,722 | Land Value $2,500 | Improvement Value $13,222 | Tax Amount $496.66 | Change Rate | Assessed CR | Tax Rate +0.03159% |
| Year 2017 | Assessed Value $47,166 | Land Value $7,500 | Improvement Value $39,666 | Tax Amount $496.66 | Change Rate | Assessed CR | Tax Rate +0.01053% |
| Year 2016 | Assessed Value $47,166 | Land Value $7,500 | Improvement Value $39,666 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $47,166 | Land Value $7,500 | Improvement Value $39,666 | Tax Amount $414.11 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $47,166 | Land Value $7,500 | Improvement Value $39,666 | Tax Amount | Change Rate | Assessed CR | Tax Rate |