Taxes
- Assessed Value: $40,702
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 038 800 001
- Assessed Land Value: 2500
- Market Land Value: 7500
- Tax Amount: 1098.5
- Tax Year: 2025
- Market Value: 122106
- Market Year: 2025
1718 N Penasco Dr; Hobbs, NM Property Details
Off market
1718 N Penasco Dr Hobbs, NM 88240
$145,000 Listing Price
2 Beds
1 Baths
1,083 SqFt
Property Type
Vacant Parcels W/ Imp.Property Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1954
- Est. Equity / %: $177,000 / 100%
- Inv. Liens: 1
- APN: 4 000 038 800 001
- Situs County: Lea
- Length Of Ownership: 5 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
Measurements
- Total: 1,083/SqFt
- Lot: 8,314/SqFt
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 10 LOT 31 42502 HAMMER, BILL ETUX 82420 JOHNSON, STEPHANIE A 82621 CONTRACT 218582
Building Insights
Land Information
- Property Type: Vacant parcels w/ imp.
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.719032 / -103.11823
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 4232
HOA
- H O A One Type: Home Owner Association
Ownership Info
1718 N Penasco Dr has no associated ownership info
1718 N Penasco Dr has no associated ownership info.
Taxes
1718 N Penasco Dr has 10 associated Taxes items
1718 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 $40,702. The APN we've located for 1718 N Penasco Dr is 4 000 038 800 001.
Unlock the full reportTax History
1718 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 $40,702 | Land Value $2,500 | Improvement Value $38,202 | Tax Amount $1,098.5 | Change Rate -0.012469% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $40,702 | Land Value $2,500 | Improvement Value $38,202 | Tax Amount $1,112.37 | Change Rate -0.013507% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $40,702 | Land Value $2,500 | Improvement Value $38,202 | Tax Amount $1,127.6 | Change Rate +0.012908% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $40,702 | Land Value $2,500 | Improvement Value $38,202 | Tax Amount $1,113.23 | Change Rate +0.130516% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $36,095 | Land Value $2,500 | Improvement Value $33,595 | Tax Amount $984.71 | Change Rate +1.501232% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $14,652 | Land Value $1,473 | Improvement Value $13,179 | Tax Amount $393.69 | Change Rate +0.047968% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $14,225 | Land Value $1,430 | Improvement Value $12,795 | Tax Amount $375.67 | Change Rate -0.122635% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $13,810 | Land Value $1,388 | Improvement Value $12,422 | Tax Amount $428.18 | Change Rate +0.029972% | Assessed CR | Tax Rate +0.031005% |
| Year 2017 | Assessed Value $40,224 | Land Value $4,044 | Improvement Value $36,180 | Tax Amount $415.72 | Change Rate | Assessed CR | Tax Rate +0.010335% |
| Year 2016 | Assessed Value $39,054 | Land Value $3,927 | Improvement Value $35,127 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $37,917 | Land Value $3,813 | Improvement Value $34,104 | Tax Amount $332.92 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $36,813 | Land Value $3,702 | Improvement Value $33,111 | Tax Amount | Change Rate | Assessed CR | Tax Rate |