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1621 N Penasco Dr; Hobbs, NM Property Details

1621 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1621 N Penasco Dr has 3 bedrooms, and 2 bathrooms, and a total of 950 square feet. The lot size of 1621 N Penasco Dr is 7,903 square feet.

Off market
1621 N Penasco Dr Hobbs, NM 88240
$110,000 Listing Price
3 Beds
2 Baths
950 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $141,911
  • Open Loans / Balance: 1 / $104,230
  • Est. Equity / %: $7,770 / 6.94%
  • Inv. Liens: 1
  • APN: 4 000 034 350 001
  • Situs County: Lea
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 950/SqFt
  • Lot: 7,903/SqFt
  • Price Per Square Foot: $149.38

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 9 LOT 14 4110017680 12424 CO PR OF ESTATE, MCLEOD, INGRID B
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.717686 / -103.11879
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 4229

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1621 N Penasco Dr has no associated ownership info
1621 N Penasco Dr has no associated ownership info.

Taxes

1621 N Penasco Dr has 10 associated Taxes items

1621 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 $35,658. The APN we've located for 1621 N Penasco Dr is 4 000 034 350 001.

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Taxes
  • Assessed Value:  $35,658
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 034 350 001
  • Assessed Land Value:  3667
  • Market Land Value:  11001
  • Tax Amount:  962.36
  • Tax Year:  2025
  • Market Value:  106974
  • Market Year:  2025

Tax History

1621 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,658 Land Value $3,667 Improvement Value $31,991 Tax Amount $962.36 Change Rate +1.71439% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $12,973 Land Value $1,658 Improvement Value $11,315 Tax Amount $354.54 Change Rate +0.940452% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $12,595 Land Value $1,610 Improvement Value $10,985 Tax Amount $182.71 Change Rate +0.072557% Assessed CR Tax Rate +0.014507%
Year 2022 Assessed Value $12,595 Land Value $1,610 Improvement Value $10,985 Tax Amount $170.35 Change Rate +0.063624% Assessed CR Tax Rate +0.013525%
Year 2021 Assessed Value $11,871 Land Value $1,517 Improvement Value $10,354 Tax Amount $160.16 Change Rate +0.078882% Assessed CR Tax Rate +0.013492%
Year 2020 Assessed Value $11,525 Land Value $1,473 Improvement Value $10,052 Tax Amount $148.45 Change Rate +0.08326% Assessed CR Tax Rate +0.012881%
Year 2019 Assessed Value $11,189 Land Value $1,430 Improvement Value $9,759 Tax Amount $137.04 Change Rate -0.510169% Assessed CR Tax Rate +0.012248%
Year 2018 Assessed Value $10,863 Land Value $1,388 Improvement Value $9,475 Tax Amount $279.77 Change Rate +0.036608% Assessed CR Tax Rate +0.025754%
Year 2017 Assessed Value $31,641 Land Value $4,044 Improvement Value $27,597 Tax Amount $269.89 Change Rate -0.674125% Assessed CR Tax Rate +0.00853%
Year 2016 Assessed Value $30,720 Land Value $3,927 Improvement Value $26,793 Tax Amount $828.2 Change Rate +0.026308% Assessed CR Tax Rate +0.02696%
Year 2015 Assessed Value $29,826 Land Value $3,813 Improvement Value $26,013 Tax Amount $806.97 Change Rate +0.13855% Assessed CR Tax Rate +0.027056%
Year 2014 Assessed Value $28,956 Land Value $3,702 Improvement Value $25,254 Tax Amount $708.77 Change Rate Assessed CR Tax Rate +0.024477%