Taxes
- Assessed Value: $13,955
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 016 120 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 376.63
- Tax Year: 2025
- Market Value: 41865
- Market Year: 2025
106 E Palace Ave, 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 $13,955. The APN we've located for 106 E Palace Ave is 4 000 016 120 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $13,955 | Land Value $867 | Improvement Value $13,088 | Tax Amount $376.63 | Change Rate +0.017094% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $13,549 | Land Value $842 | Improvement Value $12,707 | Tax Amount $370.3 | Change Rate +0.016135% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $13,154 | Land Value $817 | Improvement Value $12,337 | Tax Amount $364.42 | Change Rate +0.043287% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $13,154 | Land Value $817 | Improvement Value $12,337 | Tax Amount $349.3 | Change Rate +0.032668% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $12,399 | Land Value $770 | Improvement Value $11,629 | Tax Amount $338.25 | Change Rate +0.045692% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $12,038 | Land Value $748 | Improvement Value $11,290 | Tax Amount $323.47 | Change Rate +0.048083% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $11,687 | Land Value $726 | Improvement Value $10,961 | Tax Amount $308.63 | Change Rate -0.111754% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $11,347 | Land Value $705 | Improvement Value $10,642 | Tax Amount $347.46 | Change Rate +0.03006% | Assessed CR | Tax Rate +0.030621% |
| Year 2017 | Assessed Value $33,048 | Land Value $2,052 | Improvement Value $30,996 | Tax Amount $337.32 | Change Rate +0.21851% | Assessed CR | Tax Rate +0.010207% |
| Year 2016 | Assessed Value $32,085 | Land Value $1,992 | Improvement Value $30,093 | Tax Amount $276.83 | Change Rate +0.086801% | Assessed CR | Tax Rate +0.008628% |
| Year 2015 | Assessed Value $31,152 | Land Value $1,935 | Improvement Value $29,217 | Tax Amount $254.72 | Change Rate +0.02689% | Assessed CR | Tax Rate +0.008177% |
| Year 2014 | Assessed Value $30,243 | Land Value $1,878 | Improvement Value $28,365 | Tax Amount $248.05 | Change Rate | Assessed CR | Tax Rate +0.008202% |