NOT LISTED FOR SALE

1601 N Penasco Dr Hobbs, NM 88240

Estimated Value: $197,000 - $259,000

4 Beds
2.5 Baths
2,011 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 02, 2021

Current estimated payment $1,315/month

7 Days on Market

Highlights

  • Attic
  • Covered Patio or Porch
  • 1 Car Attached Garage
  • No HOA
  • Separate Outdoor Workshop
  • Refrigerated Cooling System

About This Home

As of July 2021

Take a look at this large, well maintained home on a corner lot. This nice 4 bedroom, 2 1/2 bath home has been well maintained. The isolated master bedroom & bath are extremely large with 2 separate walk in closets. There is also an exterior bedroom door to the large backyard with a 24 X 12 foot shop with electricity. The kitchen has been updated and has a lot of custom cabinets. Two new gas water heaters were installed & have never been used. All the windows have been updated. There is a single car garage with a steel 2 car carport. The roof is steel with metal facia & sofits on most of the house. A steel privacy fence encompasses the backyard and shop. Nice electrical upgrades; HVAC upgrade, 2 new gas water heaters.

Last Agent to Sell the Property

Rusty Taylor

EDGE REALTY GROUP License #32732 Listed on: 05/18/2021

Last Buyer's Agent

KAMELA RIVAS

Rivas Real Estate Team Co. License #50946

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1954

Lot Details

  • 9,425 Sq Ft Lot
  • Lot Dimensions are 127.37 x 74
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 2,011 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dressing Area

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Taylor Elementary School
  • Highland Middle School
  • HHS High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Taylor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4000043910001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Subdivision Name: Taylor
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Reso Interior Features: Attic
  • Unit Levels: One
  • Reso Other Structures: Workshop
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free-Standing Range, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Bedroom/Bathroom Features: Dressing Area

Exterior Features

  • Roof: Metal, Pitched
  • Fencing: Fenced
  • Acres: 0.2164
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Cable Connected
  • Cooling: Electric, Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Taylor
  • Ninth Grade High School: Hhs
  • Middle Or Junior School: Highland

Lot Info

  • Lot Dimensions: 127.37 x 74
  • Lot Size Sq Ft: 9425.38
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000043910001
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1518.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 2, 2021
Sold by
Urbina Marco Antonio and Urbina Vanessa
Bought by
Urbina Marco Antonio and Urbina Vanessa
Seller's Agent
Rusty Taylor
EDGE REALTY GROUP
Buyer's Agent
KAMELA RIVAS
Rivas Real Estate Team Co.
List Price
$169,500
Current Estimated Value
$225,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Outstanding Balance
$154,106
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Urbina Marco Antonio -- First American Title Ins Co
Urbina Marco Antonio -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbina Marco Antonio $165,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold -- -- --
05/25/2021 05/25/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $169,500 -- $84 / Sq Ft
Source: New Mexico MLS

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 $1,430 $52,305 $5,633 $46,672
2023 $1,449 $52,305 $5,633 $46,672
2022 $1,431 $52,305 $5,633 $46,672
2021 $522 $19,140 $1,957 $17,183
2020 $499 $18,583 $1,900 $16,683
2019 $476 $18,042 $1,845 $16,197
2018 $458 $17,516 $1,791 $15,725
2017 $470 $51,018 $5,217 $45,801
2016 $475 $49,530 $5,064 $44,466
2015 $422 $48,087 $4,917 $43,170
2014 -- $46,686 $4,773 $41,913
Source: Public Records

Agents Affiliated with this Home

  • Rusty Taylor

    Seller's Agent in 2021

    Rusty Taylor

    EDGE REALTY GROUP

    (575) 393-4083

    50 Total Sales

    Rusty Taylor
    Section Image

  • K

    Buyer's Agent in 2021

    KAMELA RIVAS

    Rivas Real Estate Team Co.

    (575) 631-2948

    27 Total Sales

    KAMELA RIVAS
    Section Image
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Map

Source: New Mexico MLS

MLS Number: 20212670

New Mexico MLS

APN: 4000043910001

New Mexico Lea County Hobbs 88240

1601 N Penasco Dr, Hobbs, NM

This home is located at 1601 N Penasco Dr, Hobbs, NM 88240 since 18 May 2021 and is currently estimated at $225,518, approximately $112 per square foot. This property was built in 1954. 1601 N Penasco Dr is a home located in Lea County with nearby schools including Taylor Elementary School, Highland Middle School, and Hobbs Freshman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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