Taxes
- Assessed Value: $24,380
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 076 270 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 657.99
- Tax Year: 2025
- Market Value: 73140
- Market Year: 2025
109 E Palace Ave; Hobbs, NM Property Details
Off market
109 E Palace Ave Hobbs, NM 88240
$24,380 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1988
- Est. Equity / %: $161,000 / 100%
- APN: 4 000 076 270 001
- Situs County: Lea
Measurements
- Lot: 7,828/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 21 LOT 11 1988-TURNER, WANDA M 1989-HOUSING AND URBAN DEV 497-PAGAN, SOCORRO PHOTO 0609
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684772 / -103.136635
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7727
Ownership Info
109 E Palace Ave has no associated ownership info
109 E Palace Ave has no associated ownership info.
Taxes
109 E Palace Ave has 10 associated Taxes items
109 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 $24,380. The APN we've located for 109 E Palace Ave is 4 000 076 270 001.
Unlock the full reportTax History
109 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 $24,380 | Land Value $867 | Improvement Value $23,513 | Tax Amount $657.99 | Change Rate +0.017143% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $23,670 | Land Value $842 | Improvement Value $22,828 | Tax Amount $646.9 | Change Rate +0.016132% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $22,980 | Land Value $817 | Improvement Value $22,163 | Tax Amount $636.63 | Change Rate +0.043314% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $22,980 | Land Value $817 | Improvement Value $22,163 | Tax Amount $610.2 | Change Rate +0.032645% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $21,660 | Land Value $770 | Improvement Value $20,890 | Tax Amount $590.91 | Change Rate +0.04571% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $21,030 | Land Value $748 | Improvement Value $20,282 | Tax Amount $565.08 | Change Rate +0.048016% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $20,417 | Land Value $726 | Improvement Value $19,691 | Tax Amount $539.19 | Change Rate -0.103904% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $19,822 | Land Value $705 | Improvement Value $19,117 | Tax Amount $601.71 | Change Rate +0.030043% | Assessed CR | Tax Rate +0.030356% |
| Year 2017 | Assessed Value $57,732 | Land Value $2,052 | Improvement Value $55,680 | Tax Amount $584.16 | Change Rate -0.196744% | Assessed CR | Tax Rate +0.010118% |
| Year 2016 | Assessed Value $56,049 | Land Value $1,992 | Improvement Value $54,057 | Tax Amount $727.24 | Change Rate +0.144233% | Assessed CR | Tax Rate +0.012975% |
| Year 2015 | Assessed Value $54,417 | Land Value $1,935 | Improvement Value $52,482 | Tax Amount $635.57 | Change Rate +0.08361% | Assessed CR | Tax Rate +0.01168% |
| Year 2014 | Assessed Value $52,830 | Land Value $1,878 | Improvement Value $50,952 | Tax Amount $586.53 | Change Rate | Assessed CR | Tax Rate +0.011102% |