Taxes
- Assessed Value: $34,914
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 000 410 001
- Assessed Land Value: 4117
- Market Land Value: 12351
- Tax Amount: 942.29
- Tax Year: 2025
- Market Value: 104742
- Market Year: 2025
1518 N Pennington Dr; Hobbs, NM Property Details
Off market
1518 N Pennington Dr Hobbs, NM 88240
$123,500 Listing Price
3 Beds
2 Baths
1,101 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1993
- Purchase Price: $122,900
- Open Loans / Balance: 1 / $108,887
- Est. Equity / %: $45,113 / 29.29%
- Inv. Liens: 2
- APN: 4 000 000 410 001
- Situs County: Lea
- Length Of Ownership: 4 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Total: 1,101/SqFt
- Lot: 5,687/SqFt
- Price Per Square Foot: $111.63
Legal Description
- Description: DALE BELLAMAH ADD UNIT 2 BLOCK 7A LOT 14 REPLAT FORMERLY LOT 37 92205 GRAJIOLA, JUAN CARLOS PHOTO 12822 93021 MUNOZ, PILAR SO
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.71573 / -103.14981
- Subdivision: Dale Bellamah Add
- Property Class: Residential
Amenities
- Plus Four: 3627
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1518 N Pennington Dr has no associated ownership info
1518 N Pennington Dr has no associated ownership info.
Taxes
1518 N Pennington Dr has 10 associated Taxes items
1518 N Pennington 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 $34,914. The APN we've located for 1518 N Pennington Dr is 4 000 000 410 001.
Unlock the full reportTax History
1518 N Pennington 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 $34,914 | Land Value $4,117 | Improvement Value $30,797 | Tax Amount $942.29 | Change Rate -0.012482% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $34,914 | Land Value $4,117 | Improvement Value $30,797 | Tax Amount $954.2 | Change Rate -0.013502% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $34,914 | Land Value $4,117 | Improvement Value $30,797 | Tax Amount $967.26 | Change Rate +0.012901% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $34,914 | Land Value $4,117 | Improvement Value $30,797 | Tax Amount $954.94 | Change Rate +1.197032% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $15,932 | Land Value $884 | Improvement Value $15,048 | Tax Amount $434.65 | Change Rate +0.044004% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $15,494 | Land Value $884 | Improvement Value $14,610 | Tax Amount $416.33 | Change Rate +0.046266% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $15,068 | Land Value $884 | Improvement Value $14,184 | Tax Amount $397.92 | Change Rate -0.112756% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $14,655 | Land Value $884 | Improvement Value $13,771 | Tax Amount $448.49 | Change Rate +0.027563% | Assessed CR | Tax Rate +0.030603% |
| Year 2017 | Assessed Value $42,762 | Land Value $2,652 | Improvement Value $40,110 | Tax Amount $436.46 | Change Rate | Assessed CR | Tax Rate +0.010207% |
| Year 2016 | Assessed Value $39,477 | Land Value $2,652 | Improvement Value $36,825 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $39,477 | Land Value $2,652 | Improvement Value $36,825 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $39,477 | Land Value $2,652 | Improvement Value $36,825 | Tax Amount | Change Rate | Assessed CR | Tax Rate |