Large Location Icon

1616 N Penasco Dr; Hobbs, NM Property Details

1616 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1954. This property is currently a cash purchase and is not for sale. Our records show that 1616 N Penasco Dr has 2 bedrooms, and a total of 1,100 square feet. The lot size of 1616 N Penasco Dr is 7,336 square feet.

Off market
1616 N Penasco Dr Hobbs, NM 88240
$85,000 Listing Price
2 Beds
1,100 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Est. Equity / %: $103,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 107 810 001
  • Situs County: Lea
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 2

Measurements

  • Total: 1,100/SqFt
  • Lot: 7,336/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 10 LOT 22 SEE F5 MEMO FOR OLDER FOOTNOTES PHOTO 112017 82817 SECRETARY OF VET AFFAIRS
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.717514 / -103.11827
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4230

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1616 N Penasco Dr has no associated ownership info
1616 N Penasco Dr has no associated ownership info.

Taxes

1616 N Penasco Dr has 10 associated Taxes items

1616 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 $20,076. The APN we've located for 1616 N Penasco Dr is 4 000 107 810 001.

Unlock the full report
Taxes
  • Assessed Value:  $20,076
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 107 810 001
  • Assessed Land Value:  2814
  • Market Land Value:  8442
  • Tax Amount:  541.83
  • Tax Year:  2025
  • Market Value:  60228
  • Market Year:  2025

Tax History

1616 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,076 Land Value $2,814 Improvement Value $17,262 Tax Amount $541.83 Change Rate +0.017139% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $19,491 Land Value $2,732 Improvement Value $16,759 Tax Amount $532.7 Change Rate +0.016138% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $18,923 Land Value $2,652 Improvement Value $16,271 Tax Amount $524.24 Change Rate +0.043264% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $18,923 Land Value $2,652 Improvement Value $16,271 Tax Amount $502.5 Change Rate +0.032633% Assessed CR Tax Rate +0.026555%
Year 2021 Assessed Value $17,837 Land Value $2,500 Improvement Value $15,337 Tax Amount $486.62 Change Rate +0.015336% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $17,837 Land Value $2,500 Improvement Value $15,337 Tax Amount $479.27 Change Rate +0.01745% Assessed CR Tax Rate +0.026869%
Year 2019 Assessed Value $17,837 Land Value $2,500 Improvement Value $15,337 Tax Amount $471.05 Change Rate -0.159004% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $17,837 Land Value $2,500 Improvement Value $15,337 Tax Amount $560.11 Change Rate -0.182786% Assessed CR Tax Rate +0.031402%
Year 2017 Assessed Value $66,039 Land Value $7,500 Improvement Value $58,539 Tax Amount $685.39 Change Rate Assessed CR Tax Rate +0.010379%
Year 2016 Assessed Value $66,039 Land Value $7,500 Improvement Value $58,539 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $66,039 Land Value $7,500 Improvement Value $58,539 Tax Amount $579.82 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $66,039 Land Value $7,500 Improvement Value $58,539 Tax Amount Change Rate Assessed CR Tax Rate