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106 E Palace Ave; Hobbs, NM Property Details

106 E Palace Ave, Hobbs, NM is a Single Family that was built in 1950. This property is not for sale. Our records show that 106 E Palace Ave has 3 bedrooms, and a total of 1,344 square feet. The lot size of 106 E Palace Ave is 7,884 square feet.

Off market
106 E Palace Ave Hobbs, NM 88240
$39,900 Listing Price
3 Beds
1,344 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Est. Equity / %: $62,000 / 100%
  • APN: 4 000 016 120 001
  • Situs County: Lea

Rooms

  • Bedrooms: 3

Measurements

  • Total: 1,344/SqFt
  • Lot: 7,884/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 20 LOT 14 1097-CHAMBLEE, MAY VIOLA 102714-MC MASTERS, VERA LEE D-506-CV-2013-00252 62515-WELLS FARGO B
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685215 / -103.136635
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7728

Ownership Info

106 E Palace Ave has no associated ownership info
106 E Palace Ave has no associated ownership info.

Taxes

106 E Palace Ave has 10 associated Taxes items

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.

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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

Tax History

106 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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%