Taxes
- Assessed Value: $15,142
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 112 410 001
- Assessed Land Value: 1654
- Market Land Value: 4962
- Tax Amount: 408.66
- Tax Year: 2025
- Market Value: 45426
- Market Year: 2025
1616 E Penasco Dr; Hobbs, NM Property Details
Off market • Bankruptcy ✓
1616 E Penasco Dr Hobbs, NM 88240
$67,500 Listing Price
3 Beds
1 Baths
944 SqFt
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1993
- Purchase Price: $105,203
- Est. Equity / %: $87,000 / 100%
- Inv. Liens: 1
- APN: 4 000 112 410 001
- Situs County: Lea
- Length Of Ownership: 3 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 944/SqFt
- Lot: 7,962/SqFt
- Price Per Square Foot: $111.44
Legal Description
- Description: TAYLOR RANCH ADD UNIT 2 BLOCK 6A LOT 11 12623 BANK OF AMERICA N A 71524 NASH PROPERTIES LLC 2226626
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.72324 / -103.11677
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3216
HOA
- H O A One Type: Home Owner Association
Ownership Info
1616 E Penasco Dr has no associated ownership info
1616 E Penasco Dr has no associated ownership info.
Taxes
1616 E Penasco Dr has 10 associated Taxes items
1616 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 $15,142. The APN we've located for 1616 E Penasco Dr is 4 000 112 410 001.
Unlock the full reportTax History
1616 E 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 $15,142 | Land Value $1,654 | Improvement Value $13,488 | Tax Amount $408.66 | Change Rate +0.017149% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $14,701 | Land Value $1,606 | Improvement Value $13,095 | Tax Amount $401.77 | Change Rate +0.016059% | Assessed CR | Tax Rate +0.027329% |
| Year 2023 | Assessed Value $14,273 | Land Value $1,559 | Improvement Value $12,714 | Tax Amount $395.42 | Change Rate +0.21919% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $14,273 | Land Value $1,559 | Improvement Value $12,714 | Tax Amount $324.33 | Change Rate +0.037889% | Assessed CR | Tax Rate +0.022723% |
| Year 2021 | Assessed Value $13,454 | Land Value $1,470 | Improvement Value $11,984 | Tax Amount $312.49 | Change Rate +0.051341% | Assessed CR | Tax Rate +0.023227% |
| Year 2020 | Assessed Value $13,062 | Land Value $1,427 | Improvement Value $11,635 | Tax Amount $297.23 | Change Rate +0.053746% | Assessed CR | Tax Rate +0.022755% |
| Year 2019 | Assessed Value $12,681 | Land Value $1,385 | Improvement Value $11,296 | Tax Amount $282.07 | Change Rate -0.222541% | Assessed CR | Tax Rate +0.022244% |
| Year 2018 | Assessed Value $12,312 | Land Value $1,345 | Improvement Value $10,967 | Tax Amount $362.81 | Change Rate +0.031648% | Assessed CR | Tax Rate +0.029468% |
| Year 2017 | Assessed Value $35,862 | Land Value $3,918 | Improvement Value $31,944 | Tax Amount $351.68 | Change Rate | Assessed CR | Tax Rate +0.009806% |
| Year 2016 | Assessed Value $34,818 | Land Value $3,804 | Improvement Value $31,014 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $33,804 | Land Value $3,693 | Improvement Value $30,111 | Tax Amount $244.12 | Change Rate | Assessed CR | Tax Rate +0.007222% |
| Year 2014 | Assessed Value $32,820 | Land Value $3,585 | Improvement Value $29,235 | Tax Amount | Change Rate | Assessed CR | Tax Rate |