Taxes
- Assessed Value: $17,353
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 020 260 001
- Assessed Land Value: 1893
- Market Land Value: 5679
- Tax Amount: 468.34
- Tax Year: 2025
- Market Value: 52059
- Market Year: 2025
108 E Palace Ave; Hobbs, NM Property Details
Off market • Pre Probate ✓
108 E Palace Ave Hobbs, NM 88240
$17,353 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $159,000 / 100%
- APN: 4 000 020 260 001
- Situs County: Lea
Measurements
- Lot: 8,406/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 20 LOT 15 995-CONNEL, V H 196-PETERSON, SYLVIA 5109-MENDOZA, RAMON PHOTO 509
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68535 / -103.1365
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7728
Ownership Info
108 E Palace Ave has no associated ownership info
108 E Palace Ave has no associated ownership info.
Taxes
108 E Palace Ave has 10 associated Taxes items
108 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 $17,353. The APN we've located for 108 E Palace Ave is 4 000 020 260 001.
Unlock the full reportTax History
108 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 $17,353 | Land Value $1,893 | Improvement Value $15,460 | Tax Amount $468.34 | Change Rate +0.017135% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,848 | Land Value $1,838 | Improvement Value $15,010 | Tax Amount $460.45 | Change Rate +0.016087% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $16,357 | Land Value $1,784 | Improvement Value $14,573 | Tax Amount $453.16 | Change Rate +0.043306% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $16,357 | Land Value $1,784 | Improvement Value $14,573 | Tax Amount $434.35 | Change Rate +0.032569% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $15,419 | Land Value $1,682 | Improvement Value $13,737 | Tax Amount $420.65 | Change Rate +0.045769% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $14,970 | Land Value $1,633 | Improvement Value $13,337 | Tax Amount $402.24 | Change Rate +0.017428% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $14,970 | Land Value $1,633 | Improvement Value $13,337 | Tax Amount $395.35 | Change Rate -0.15057% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $14,970 | Land Value $1,633 | Improvement Value $13,337 | Tax Amount $465.43 | Change Rate | Assessed CR | Tax Rate +0.031091% |
| Year 2017 | Assessed Value $44,910 | Land Value $4,899 | Improvement Value $40,011 | Tax Amount $465.43 | Change Rate +0.189081% | Assessed CR | Tax Rate +0.010364% |
| Year 2016 | Assessed Value $44,910 | Land Value $4,899 | Improvement Value $40,011 | Tax Amount $391.42 | Change Rate +0.021878% | Assessed CR | Tax Rate +0.008716% |
| Year 2015 | Assessed Value $44,910 | Land Value $4,899 | Improvement Value $40,011 | Tax Amount $383.04 | Change Rate +0.118039% | Assessed CR | Tax Rate +0.008529% |
| Year 2014 | Assessed Value $44,910 | Land Value $4,899 | Improvement Value $40,011 | Tax Amount $342.6 | Change Rate | Assessed CR | Tax Rate +0.007629% |