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1908 N Penasco Dr; Hobbs, NM Property Details

1908 N Penasco Dr, Hobbs, NM is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 1908 N Penasco Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,777 square feet. The lot size of 1908 N Penasco Dr is 7,411 square feet.

Off market
1908 N Penasco Dr Hobbs, NM 88240
$173,000 Listing Price
4 Beds
2 Baths
1,777 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $172,200
  • Open Loans / Balance: 1 / $150,268
  • Est. Equity / %: $60,732 / 28.78%
  • APN: 4 000 130 410 001
  • Situs County: Lea
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Measurements

  • Total: 1,777/SqFt
  • Lot: 7,411/SqFt
  • Price Per Square Foot: $96.90

Legal Description

  • Description: TAYLOR RANCH ADD UNIT 1 BLOCK 7 LOT 24 PHOTO 62421 121218 BAEZA, JENNIFER 91219 TAL REALTY INC 32621 CREACH, CAMERON 12623 GO
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.72195 / -103.118286
  • Subdivision: Taylor Ranch Add
  • Property Class: Residential

Amenities

  • Plus Four: 3252

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1908 N Penasco Dr has no associated ownership info
1908 N Penasco Dr has no associated ownership info.

Taxes

1908 N Penasco Dr has 10 associated Taxes items

1908 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 $52,744. The APN we've located for 1908 N Penasco Dr is 4 000 130 410 001.

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Taxes
  • Assessed Value:  $52,744
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 130 410 001
  • Assessed Land Value:  5767
  • Market Land Value:  17301
  • Tax Amount:  1423.51
  • Tax Year:  2025
  • Market Value:  158232
  • Market Year:  2025

Tax History

1908 N Penasco Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,744 Land Value $5,767 Improvement Value $46,977 Tax Amount $1,423.51 Change Rate -0.012473% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $52,744 Land Value $5,767 Improvement Value $46,977 Tax Amount $1,441.49 Change Rate -0.013502% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $52,744 Land Value $5,767 Improvement Value $46,977 Tax Amount $1,461.22 Change Rate +0.0129% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $52,744 Land Value $5,767 Improvement Value $46,977 Tax Amount $1,442.61 Change Rate +0.044673% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $50,618 Land Value $5,319 Improvement Value $45,299 Tax Amount $1,380.92 Change Rate +0.015293% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $50,618 Land Value $5,319 Improvement Value $45,299 Tax Amount $1,360.12 Change Rate +0.901814% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $27,081 Land Value $1,385 Improvement Value $25,696 Tax Amount $715.17 Change Rate -0.108534% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $26,293 Land Value $1,345 Improvement Value $24,948 Tax Amount $802.24 Change Rate +0.030005% Assessed CR Tax Rate +0.030512%
Year 2017 Assessed Value $76,581 Land Value $3,918 Improvement Value $72,663 Tax Amount $778.87 Change Rate Assessed CR Tax Rate +0.010171%
Year 2016 Assessed Value $74,352 Land Value $3,804 Improvement Value $70,548 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $72,186 Land Value $3,693 Improvement Value $68,493 Tax Amount $633.79 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $70,083 Land Value $3,585 Improvement Value $66,498 Tax Amount Change Rate Assessed CR Tax Rate