- Assessed Value: $35,703
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 111 930 001
- Assessed Land Value: 4138
- Market Land Value: 12414
- Tax Amount: 963.59
- Tax Year: 2025
- Market Value: 107109
- Market Year: 2025
1837 N Penasco Dr; Hobbs, NM Property Details
Off market
1837 N Penasco Dr Hobbs, NM 88240
$117,000 Listing Price
3 Beds
1 Baths
1,304 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1955
- Purchase Price: $116,400
- Open Loans / Balance: 1 / $102,146
- Est. Equity / %: $60,854 / 37.33%
- Inv. Liens: 1
- APN: 4 000 111 930 001
- Situs County: Lea
- Length Of Ownership: 7 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,304/SqFt
- Lot: 7,658/SqFt
- Price Per Square Foot: $89.26
Legal Description
- Description: TAYLOR RANCH ADD UNIT 1 BLOCK 5 LOT 16 22406-MATHIS, MARY 61407-GRAY, G. MARC PHOTO 41219 22819 MARTINEZ, AMANDA ETAL
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.721455 / -103.11877
- Subdivision: Taylor Ranch Add
- Property Class: Residential
Amenities
- Plus Four: 3249
HOA
- H O A One Type: Home Owner Association
Ownership Info
1837 N Penasco Dr has no associated ownership info
1837 N Penasco Dr has no associated ownership info.
Taxes
1837 N Penasco Dr has 10 associated Taxes items
1837 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 $35,703. The APN we've located for 1837 N Penasco Dr is 4 000 111 930 001.
Unlock the full reportTaxes
Tax History
1837 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 $35,703 | Land Value $4,138 | Improvement Value $31,565 | Tax Amount $963.59 | Change Rate +0.017164% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $34,663 | Land Value $4,017 | Improvement Value $30,646 | Tax Amount $947.33 | Change Rate +0.0161% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $33,653 | Land Value $3,900 | Improvement Value $29,753 | Tax Amount $932.32 | Change Rate +0.012907% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $33,653 | Land Value $3,900 | Improvement Value $29,753 | Tax Amount $920.44 | Change Rate +0.00256% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $33,653 | Land Value $3,900 | Improvement Value $29,753 | Tax Amount $918.09 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $33,653 | Land Value $3,900 | Improvement Value $29,753 | Tax Amount $904.26 | Change Rate +0.606745% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $21,311 | Land Value $2,500 | Improvement Value $18,811 | Tax Amount $562.79 | Change Rate -0.152846% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $21,311 | Land Value $2,500 | Improvement Value $18,811 | Tax Amount $664.33 | Change Rate | Assessed CR | Tax Rate +0.031173% |
| Year 2017 | Assessed Value $63,933 | Land Value $7,500 | Improvement Value $56,433 | Tax Amount $664.33 | Change Rate | Assessed CR | Tax Rate +0.010391% |
| Year 2016 | Assessed Value $63,933 | Land Value $7,500 | Improvement Value $56,433 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $63,933 | Land Value $7,500 | Improvement Value $56,433 | Tax Amount $561.33 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $63,933 | Land Value $7,500 | Improvement Value $56,433 | Tax Amount | Change Rate | Assessed CR | Tax Rate |