Taxes
- Assessed Value: $21,197
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 143 090 001
- Assessed Land Value: 2439
- Market Land Value: 7317
- Tax Amount: 572.09
- Tax Year: 2025
- Market Value: 63591
- Market Year: 2025
107 E Palace Ave; Hobbs, NM Property Details
Off market
107 E Palace Ave Hobbs, NM 88240
$50,000 Listing Price
3 Beds
1,064 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1950
- Est. Equity / %: $96,000 / 100%
- Inv. Liens: 1
- APN: 4 000 143 090 001
- Situs County: Lea
- Length Of Ownership: 5 months
Rooms
- Bedrooms: 3
Measurements
- Total: 1,064/SqFt
- Lot: 8,246/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 21 LOT 12 FOOTNOTES SEE F5 61314-DEUTSCHE BANK NATIONAL TRUST FKA BANKERS TRUST COMPANY 83017 SEARS, G
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684715 / -103.136826
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7727
Ownership Info
107 E Palace Ave has no associated ownership info
107 E Palace Ave has no associated ownership info.
Taxes
107 E Palace Ave has 10 associated Taxes items
107 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 $21,197. The APN we've located for 107 E Palace Ave is 4 000 143 090 001.
Unlock the full reportTax History
107 E Palace Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $21,197 | Land Value $2,439 | Improvement Value $18,758 | Tax Amount $572.09 | Change Rate +0.017139% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $20,580 | Land Value $2,368 | Improvement Value $18,212 | Tax Amount $562.45 | Change Rate +0.016078% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $19,981 | Land Value $2,299 | Improvement Value $17,682 | Tax Amount $553.55 | Change Rate +0.043292% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $19,981 | Land Value $2,299 | Improvement Value $17,682 | Tax Amount $530.58 | Change Rate +0.032639% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $18,834 | Land Value $2,167 | Improvement Value $16,667 | Tax Amount $513.81 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $18,834 | Land Value $2,167 | Improvement Value $16,667 | Tax Amount $506.07 | Change Rate +0.017431% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $18,834 | Land Value $2,167 | Improvement Value $16,667 | Tax Amount $497.4 | Change Rate -0.152193% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $18,834 | Land Value $2,167 | Improvement Value $16,667 | Tax Amount $586.69 | Change Rate +0.953485% | Assessed CR | Tax Rate +0.031151% |
| Year 2017 | Assessed Value $29,349 | Land Value $2,052 | Improvement Value $27,297 | Tax Amount $300.33 | Change Rate | Assessed CR | Tax Rate +0.010233% |
| Year 2016 | Assessed Value $28,494 | Land Value $1,992 | Improvement Value $26,502 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $27,666 | Land Value $1,935 | Improvement Value $25,731 | Tax Amount $242.9 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $26,859 | Land Value $1,878 | Improvement Value $24,981 | Tax Amount | Change Rate | Assessed CR | Tax Rate |