Taxes
- Assessed Value: $54,472
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 153 610 001
- Assessed Land Value: 5567
- Market Land Value: 16701
- Tax Amount: 1470.15
- Tax Year: 2025
- Market Value: 163416
- Market Year: 2025
1607 N Penasco Dr; Hobbs, NM Property Details
Off market
1607 N Penasco Dr Hobbs, NM 88240
$167,000 Listing Price
3 Beds
1,394 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Purchase Price: $211,004
- Open Loans / Balance: 1 / $171,611
- Est. Equity / %: $12,389 / 6.73%
- Inv. Liens: 1
- APN: 4 000 153 610 001
- Situs County: Lea
- Length Of Ownership: 2 years, 7 months
Rooms
- Bedrooms: 3
Measurements
- Total: 1,394/SqFt
- Lot: 7,790/SqFt
- Price Per Square Foot: $151.37
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 9 LOT 17 1988-TRUMAN, THOMAS M 899-BRYAN, LOREN D 0400-MULLINGS, TIMOTHY R 111011-SANCHEZ, ANGE
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.717167 / -103.118835
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4229
HOA
- H O A One Type: Home Owner Association
Ownership Info
1607 N Penasco Dr has no associated ownership info
1607 N Penasco Dr has no associated ownership info.
Taxes
1607 N Penasco Dr has 10 associated Taxes items
1607 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 $54,472. The APN we've located for 1607 N Penasco Dr is 4 000 153 610 001.
Unlock the full reportTax History
1607 N Penasco Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $54,472 | Land Value $5,567 | Improvement Value $48,905 | Tax Amount $1,470.15 | Change Rate -0.012461% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $54,472 | Land Value $5,567 | Improvement Value $48,905 | Tax Amount $1,488.7 | Change Rate +0.854685% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $28,973 | Land Value $1,769 | Improvement Value $27,204 | Tax Amount $802.67 | Change Rate +0.043296% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $28,973 | Land Value $1,769 | Improvement Value $27,204 | Tax Amount $769.36 | Change Rate +0.032643% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $27,310 | Land Value $1,667 | Improvement Value $25,643 | Tax Amount $745.04 | Change Rate +0.015304% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $27,310 | Land Value $1,667 | Improvement Value $25,643 | Tax Amount $733.81 | Change Rate +0.017471% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $27,310 | Land Value $1,667 | Improvement Value $25,643 | Tax Amount $721.21 | Change Rate -0.137278% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $27,310 | Land Value $1,667 | Improvement Value $25,643 | Tax Amount $835.97 | Change Rate | Assessed CR | Tax Rate +0.03061% |
| Year 2017 | Assessed Value $81,930 | Land Value $5,001 | Improvement Value $76,929 | Tax Amount $835.97 | Change Rate | Assessed CR | Tax Rate +0.010203% |
| Year 2016 | Assessed Value $81,930 | Land Value $5,001 | Improvement Value $76,929 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $81,930 | Land Value $5,001 | Improvement Value $76,929 | Tax Amount $719.35 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $81,930 | Land Value $5,001 | Improvement Value $76,929 | Tax Amount | Change Rate | Assessed CR | Tax Rate |