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1538 N Pennington Dr; Hobbs, NM Property Details

1538 N Pennington Dr, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 1538 N Pennington Dr is 6,001 square feet.

Off market
1538 N Pennington Dr Hobbs, NM 88240
$20,104 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $5,990,500
  • Open Loans / Balance: 1 / $4,477,298
  • Est. Equity / %: $-4,288,298 / -2,268.94%
  • APN: 4 000 169 220 001
  • Situs County: Lea
  • Length Of Ownership: 11 years, 1 months

Measurements

  • Lot: 6,001/SqFt

Legal Description

  • Description: DALE BELLAMAH ADD UNIT 2 BLOCK 7A LOT 10 121514-BAYVIEW FINANCIAL PROPERTY 6115-LINDLEY, GLORIA BK1961PG885 PHOTO 72417
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: 32.71631 / -103.14937
  • Subdivision: Dale Bellamah Add
  • Property Class: Residential

Amenities

  • Plus Four: 3627

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1538 N Pennington Dr has no associated ownership info
1538 N Pennington Dr has no associated ownership info.

Taxes

1538 N Pennington Dr has 10 associated Taxes items

1538 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 $20,104. The APN we've located for 1538 N Pennington Dr is 4 000 169 220 001.

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Taxes
  • Assessed Value:  $20,104
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 169 220 001
  • Assessed Land Value:  2252
  • Market Land Value:  6756
  • Tax Amount:  542.59
  • Tax Year:  2025
  • Market Value:  60312
  • Market Year:  2025

Tax History

1538 N Pennington Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,104 Land Value $2,252 Improvement Value $17,852 Tax Amount $542.59 Change Rate +0.017191% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $19,518 Land Value $2,186 Improvement Value $17,332 Tax Amount $533.42 Change Rate +0.016116% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $18,949 Land Value $2,122 Improvement Value $16,827 Tax Amount $524.96 Change Rate +0.043305% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $18,949 Land Value $2,122 Improvement Value $16,827 Tax Amount $503.17 Change Rate +0.032673% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $17,861 Land Value $2,000 Improvement Value $15,861 Tax Amount $487.25 Change Rate +0.015252% Assessed CR Tax Rate +0.02728%
Year 2020 Assessed Value $17,861 Land Value $2,000 Improvement Value $15,861 Tax Amount $479.93 Change Rate +0.017491% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $17,861 Land Value $2,000 Improvement Value $15,861 Tax Amount $471.68 Change Rate -0.151395% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $17,861 Land Value $2,000 Improvement Value $15,861 Tax Amount $555.83 Change Rate Assessed CR Tax Rate +0.03112%
Year 2017 Assessed Value $53,583 Land Value $6,000 Improvement Value $47,583 Tax Amount $555.83 Change Rate Assessed CR Tax Rate +0.010373%
Year 2016 Assessed Value $53,583 Land Value $6,000 Improvement Value $47,583 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $53,583 Land Value $6,000 Improvement Value $47,583 Tax Amount $284.09 Change Rate Assessed CR Tax Rate +0.005302%
Year 2014 Assessed Value $31,413 Land Value $2,244 Improvement Value $29,169 Tax Amount Change Rate Assessed CR Tax Rate