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1600 N Penasco Dr; Hobbs, NM Property Details

1600 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1600 N Penasco Dr has 5 bedrooms, and 1.5 bathrooms, and a total of 1,574 square feet. The lot size of 1600 N Penasco Dr is 9,223 square feet.

Off market
1600 N Penasco Dr Hobbs, NM 88240
$181,000 Listing Price
5 Beds
1.5 Baths
1,574 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1954
  • Purchase Price: $174,540
  • Open Loans / Balance: 1 / $169,933
  • Est. Equity / %: $38,067 / 18.3%
  • Inv. Liens: 1
  • APN: 4 000 168 910 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1.5

Measurements

  • Total: 1,574/SqFt
  • Lot: 9,223/SqFt
  • Price Per Square Foot: $110.89

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 10 LOT 19 31524 MEDINA, UBALDO ETUX 10224 JETER, JIMMY ETUX
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.717007 / -103.11827
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4230

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1600 N Penasco Dr has no associated ownership info
1600 N Penasco Dr has no associated ownership info.

Taxes

1600 N Penasco Dr has 10 associated Taxes items

1600 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 $60,180. The APN we've located for 1600 N Penasco Dr is 4 000 168 910 001.

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Taxes
  • Assessed Value:  $60,180
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 168 910 001
  • Assessed Land Value:  6033
  • Market Land Value:  18099
  • Tax Amount:  1624.2
  • Tax Year:  2025
  • Market Value:  180540
  • Market Year:  2025

Tax History

1600 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,180 Land Value $6,033 Improvement Value $54,147 Tax Amount $1,624.2 Change Rate +1.669362% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $22,263 Land Value $2,785 Improvement Value $19,478 Tax Amount $608.46 Change Rate +0.016098% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $21,615 Land Value $2,704 Improvement Value $18,911 Tax Amount $598.82 Change Rate +0.043295% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $21,615 Land Value $2,704 Improvement Value $18,911 Tax Amount $573.97 Change Rate +0.032617% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $20,374 Land Value $2,549 Improvement Value $17,825 Tax Amount $555.84 Change Rate +0.045775% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $19,781 Land Value $2,475 Improvement Value $17,306 Tax Amount $531.51 Change Rate +0.017478% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $19,781 Land Value $2,475 Improvement Value $17,306 Tax Amount $522.38 Change Rate -0.154971% Assessed CR Tax Rate +0.026408%
Year 2018 Assessed Value $19,781 Land Value $2,475 Improvement Value $17,306 Tax Amount $618.18 Change Rate Assessed CR Tax Rate +0.031251%
Year 2017 Assessed Value $59,343 Land Value $7,425 Improvement Value $51,918 Tax Amount $618.18 Change Rate Assessed CR Tax Rate +0.010417%
Year 2016 Assessed Value $59,343 Land Value $7,425 Improvement Value $51,918 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $59,343 Land Value $7,425 Improvement Value $51,918 Tax Amount $521.03 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $59,343 Land Value $7,425 Improvement Value $51,918 Tax Amount Change Rate Assessed CR Tax Rate