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1607 E Penasco Dr; Hobbs, NM Property Details

1607 E Penasco Dr, Hobbs, NM is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 1607 E Penasco Dr has 3 bedrooms, and 1 bathroom, and a total of 1,377 square feet. The lot size of 1607 E Penasco Dr is 6,711 square feet.

Off market
1607 E Penasco Dr Hobbs, NM 88240
$145,000 Listing Price
3 Beds
1 Baths
1,377 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1955
  • Purchase Price: $143,796
  • Open Loans / Balance: 1 / $130,442
  • Est. Equity / %: $45,558 / 25.89%
  • Inv. Liens: 1
  • APN: 4 000 164 040 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 1,377/SqFt
  • Lot: 6,711/SqFt
  • Price Per Square Foot: $104.43

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 8 LOT 1 71618 SHERFICK, MARY GRIFFITH 10719 SHERFICK, GEORGE O 122220 AFFDTH SHERFICK, CELIA 12
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.722828 / -103.11704
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3215

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1607 E Penasco Dr has no associated ownership info
1607 E Penasco Dr has no associated ownership info.

Taxes

1607 E Penasco Dr has 10 associated Taxes items

1607 E 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 $47,729. The APN we've located for 1607 E Penasco Dr is 4 000 164 040 001.

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Taxes
  • Assessed Value:  $47,729
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 164 040 001
  • Assessed Land Value:  6711
  • Market Land Value:  20133
  • Tax Amount:  1288.15
  • Tax Year:  2025
  • Market Value:  143187
  • Market Year:  2025

Tax History

1607 E Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $47,729 Land Value $6,711 Improvement Value $41,018 Tax Amount $1,288.15 Change Rate +0.01288% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $46,534 Land Value $6,711 Improvement Value $39,823 Tax Amount $1,271.77 Change Rate +0.011718% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $45,374 Land Value $6,711 Improvement Value $38,663 Tax Amount $1,257.04 Change Rate +0.038679% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $45,374 Land Value $6,711 Improvement Value $38,663 Tax Amount $1,210.23 Change Rate +0.95296% Assessed CR Tax Rate +0.026672%
Year 2021 Assessed Value $22,715 Land Value $1,181 Improvement Value $21,534 Tax Amount $619.69 Change Rate +0.045731% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $22,054 Land Value $1,147 Improvement Value $20,907 Tax Amount $592.59 Change Rate +0.047942% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $21,412 Land Value $1,114 Improvement Value $20,298 Tax Amount $565.48 Change Rate -0.108765% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $20,789 Land Value $1,082 Improvement Value $19,707 Tax Amount $634.49 Change Rate +0.030033% Assessed CR Tax Rate +0.03052%
Year 2017 Assessed Value $60,549 Land Value $3,150 Improvement Value $57,399 Tax Amount $615.99 Change Rate Assessed CR Tax Rate +0.010173%
Year 2016 Assessed Value $58,785 Land Value $3,057 Improvement Value $55,728 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $57,072 Land Value $2,967 Improvement Value $54,105 Tax Amount $501.09 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $55,410 Land Value $2,880 Improvement Value $52,530 Tax Amount Change Rate Assessed CR Tax Rate