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1518 W Ponderosa Dr; Hobbs, NM Property Details

1518 W Ponderosa Dr, Hobbs, NM is a Single Family that was built in 2020. This property is currently Financed and is not for sale. Our records show that 1518 W Ponderosa Dr has 4 bedrooms, and a total of 1,547 square feet.

Off market
1518 W Ponderosa Dr Hobbs, NM 88242
$294,000 Listing Price
4 Beds
1,547 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Purchase Price: $284,123
  • Open Loans / Balance: 1 / $280,522
  • Est. Equity / %: $24,478 / 8.03%
  • APN: 4 991 115 114 900
  • Situs County: Lea
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 4

Measurements

  • Total: 1,547/SqFt
  • Price Per Square Foot: $183.66

Legal Description

  • Description: THE MEADOWS SUB-DIV UNIT 2 LOT 74 111319 REDESC FR 75972 111319 THE MEADOWS SUB-DIV U-2 PLAT 2158564 CAB G, SL 275 6220 REDES
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: 32.77229 / -103.15519
  • Subdivision: The Meadows Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 0998

Ownership Info

1518 W Ponderosa Dr has no associated ownership info
1518 W Ponderosa Dr has no associated ownership info.

Taxes

1518 W Ponderosa Dr has 10 associated Taxes items

1518 W Ponderosa 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 $73,391. The APN we've located for 1518 W Ponderosa Dr is 4 991 115 114 900.

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Taxes
  • Assessed Value:  $73,391
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 991 115 114 900
  • Assessed Land Value:  10000
  • Market Land Value:  30000
  • Tax Amount:  1980.74
  • Tax Year:  2025
  • Market Value:  220173
  • Market Year:  2025

Tax History

1518 W Ponderosa Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,391 Land Value $10,000 Improvement Value $63,391 Tax Amount $1,980.74 Change Rate -0.012474% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $73,391 Land Value $10,000 Improvement Value $63,391 Tax Amount $2,005.76 Change Rate -0.013506% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $73,391 Land Value $10,000 Improvement Value $63,391 Tax Amount $2,033.22 Change Rate +0.012908% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $73,391 Land Value $10,000 Improvement Value $63,391 Tax Amount $2,007.31 Change Rate +0.002567% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $73,391 Land Value $10,000 Improvement Value $63,391 Tax Amount $2,002.17 Change Rate Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $82,400 Land Value $82,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate