NOT LISTED FOR SALE

1516 E Penasco Dr Hobbs, NM 88240

Estimated Value: $127,383 - $167,000

-- Bed
-- Bath
-- Sq Ft
7,579 Sq Ft Lot

About This Home

This home is located at 1516 E Penasco Dr, Hobbs, NM 88240 and is currently estimated at $150,461. 1516 E Penasco Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland Middle School, and Hobbs Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Luevano Gloria
Bought by
Hernandez Larry Albert
Current Estimated Value
$150,461

Purchase Details

Closed on
Feb 4, 2019
Sold by
Ortiz Avelina
Bought by
Aluarado Zaul and Flores Crystal

Purchase Details

Closed on
Aug 29, 2018
Sold by
Alvarado Zaul and Flores Crystal M
Bought by
Alvarado Zaul and Flores Crystal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,676
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2011
Sold by
Ponce Pablo F and Ponce Yadira L
Bought by
Alvarado Zaul
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Larry Albert -- First American Title
Aluarado Zaul -- None Available
Alvarado Zaul -- None Available
Alvarado Zaul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Zaul $91,676
Closed Alvarado Zaul $0
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $625 $22,874 $2,652 $20,222
2023 $615 $22,208 $2,575 $19,633
2022 $590 $22,208 $2,575 $19,633
2021 $588 $21,561 $2,500 $19,061
2020 $579 $21,561 $2,500 $19,061
2019 $569 $21,561 $2,500 $19,061
2018 $563 $21,561 $2,500 $19,061
2017 $596 $64,683 $7,500 $57,183
2016 $620 $64,683 $7,500 $57,183
2015 $568 $64,683 $7,500 $57,183
2014 -- $64,683 $7,500 $57,183
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

1516 E Penasco Dr, Hobbs, NM

This home is located at 1516 E Penasco Dr, Hobbs, NM 88240 and is currently estimated at $150,461. 1516 E Penasco Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland Middle School, and Hobbs Freshman High School.

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