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1601 N Penasco Dr; Hobbs, NM Property Details

1601 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1988. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1601 N Penasco Dr has 4 bedrooms, and a total of 2,011 square feet. The lot size of 1601 N Penasco Dr is 9,286 square feet.

Off market
1601 N Penasco Dr Hobbs, NM 88240
$169,000 Listing Price
4 Beds
2,011 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $168,200
  • Open Loans / Balance: 1 / $148,259
  • Est. Equity / %: $69,741 / 31.99%
  • Inv. Liens: 1
  • APN: 4 000 043 910 001
  • Situs County: Lea
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4

Measurements

  • Total: 2,011/SqFt
  • Lot: 9,286/SqFt
  • Price Per Square Foot: $83.64

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 9 LOT 18 11888 TRAVELERS MORTGAGE SVCS INC 31495 ELSTON, ALFRED F ETUX 7721 ELSTON FAMILY TRUST
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.71701 / -103.11884
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4229

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1601 N Penasco Dr has no associated ownership info
1601 N Penasco Dr has no associated ownership info.

Taxes

1601 N Penasco Dr has 10 associated Taxes items

1601 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 $52,305. The APN we've located for 1601 N Penasco Dr is 4 000 043 910 001.

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Taxes
  • Assessed Value:  $52,305
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 043 910 001
  • Assessed Land Value:  5633
  • Market Land Value:  16899
  • Tax Amount:  1411.66
  • Tax Year:  2025
  • Market Value:  156915
  • Market Year:  2025

Tax History

1601 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,305 Land Value $5,633 Improvement Value $46,672 Tax Amount $1,411.66 Change Rate -0.01248% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $52,305 Land Value $5,633 Improvement Value $46,672 Tax Amount $1,429.5 Change Rate -0.013485% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $52,305 Land Value $5,633 Improvement Value $46,672 Tax Amount $1,449.04 Change Rate +0.012897% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $52,305 Land Value $5,633 Improvement Value $46,672 Tax Amount $1,430.59 Change Rate +1.739754% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $19,140 Land Value $1,957 Improvement Value $17,183 Tax Amount $522.16 Change Rate +0.045742% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $18,583 Land Value $1,900 Improvement Value $16,683 Tax Amount $499.32 Change Rate +0.047957% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $18,042 Land Value $1,845 Improvement Value $16,197 Tax Amount $476.47 Change Rate -0.123153% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $17,516 Land Value $1,791 Improvement Value $15,725 Tax Amount $543.39 Change Rate +0.029987% Assessed CR Tax Rate +0.031022%
Year 2017 Assessed Value $51,018 Land Value $5,217 Improvement Value $45,801 Tax Amount $527.57 Change Rate Assessed CR Tax Rate +0.010341%
Year 2016 Assessed Value $49,530 Land Value $5,064 Improvement Value $44,466 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $48,087 Land Value $4,917 Improvement Value $43,170 Tax Amount $422.21 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $46,686 Land Value $4,773 Improvement Value $41,913 Tax Amount Change Rate Assessed CR Tax Rate