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1904 N Penasco Dr; Hobbs, NM Property Details

1904 N Penasco Dr, Hobbs, NM is a Single Family. This property is currently Financed,Intra-Family and is not for sale. The lot size of 1904 N Penasco Dr is 7,668 square feet.

Off market
1904 N Penasco Dr Hobbs, NM 88240
$22,973 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $79,700
  • Open Loans / Balance: 1 / $39,255
  • Est. Equity / %: $95,745 / 70.92%
  • Inv. Liens: 1
  • APN: 4 000 074 520 001
  • Situs County: Lea
  • Length Of Ownership: 7 years, 2 months

Measurements

  • Lot: 7,668/SqFt

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 7 LOT 23 82080 SMITH, EDITH 5619 CROSS, EUGENE S ETUX PHOTO 73019
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.72178 / -103.118286
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3252

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1904 N Penasco Dr has no associated ownership info
1904 N Penasco Dr has no associated ownership info.

Taxes

1904 N Penasco Dr has 10 associated Taxes items

1904 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 $22,973. The APN we've located for 1904 N Penasco Dr is 4 000 074 520 001.

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Taxes
  • Assessed Value:  $22,973
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 074 520 001
  • Assessed Land Value:  2652
  • Market Land Value:  7956
  • Tax Amount:  620.02
  • Tax Year:  2025
  • Market Value:  68919
  • Market Year:  2025

Tax History

1904 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,973 Land Value $2,652 Improvement Value $20,321 Tax Amount $620.02 Change Rate +0.01716% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $22,304 Land Value $2,575 Improvement Value $19,729 Tax Amount $609.56 Change Rate +0.01612% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $21,654 Land Value $2,500 Improvement Value $19,154 Tax Amount $599.89 Change Rate +0.012866% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $21,654 Land Value $2,500 Improvement Value $19,154 Tax Amount $592.27 Change Rate +0.002573% Assessed CR Tax Rate +0.027352%
Year 2021 Assessed Value $21,654 Land Value $2,500 Improvement Value $19,154 Tax Amount $590.75 Change Rate +0.015313% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $21,654 Land Value $2,500 Improvement Value $19,154 Tax Amount $581.84 Change Rate +0.630078% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $13,516 Land Value $1,385 Improvement Value $12,131 Tax Amount $356.94 Change Rate -0.123299% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $13,123 Land Value $1,345 Improvement Value $11,778 Tax Amount $407.14 Change Rate +0.029978% Assessed CR Tax Rate +0.031025%
Year 2017 Assessed Value $38,223 Land Value $3,918 Improvement Value $34,305 Tax Amount $395.29 Change Rate Assessed CR Tax Rate +0.010342%
Year 2016 Assessed Value $37,110 Land Value $3,804 Improvement Value $33,306 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $36,030 Land Value $3,693 Improvement Value $32,337 Tax Amount $316.34 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $34,980 Land Value $3,585 Improvement Value $31,395 Tax Amount Change Rate Assessed CR Tax Rate