Taxes
- Assessed Value: $14,955
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 021 540 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 349.64
- Tax Year: 2025
- Market Value: 44865
- Market Year: 2025
110 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 $14,955. The APN we've located for 110 E Palace Ave is 4 000 021 540 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $14,955 | Land Value $867 | Improvement Value $14,088 | Tax Amount $349.64 | Change Rate +0.021801% | Assessed CR | Tax Rate +0.023379% |
| Year 2024 | Assessed Value $14,520 | Land Value $842 | Improvement Value $13,678 | Tax Amount $342.18 | Change Rate +0.021006% | Assessed CR | Tax Rate +0.023566% |
| Year 2023 | Assessed Value $14,097 | Land Value $817 | Improvement Value $13,280 | Tax Amount $335.14 | Change Rate +0.04859% | Assessed CR | Tax Rate +0.023774% |
| Year 2022 | Assessed Value $14,097 | Land Value $817 | Improvement Value $13,280 | Tax Amount $319.61 | Change Rate +0.037998% | Assessed CR | Tax Rate +0.022672% |
| Year 2021 | Assessed Value $13,287 | Land Value $770 | Improvement Value $12,517 | Tax Amount $307.91 | Change Rate +0.051318% | Assessed CR | Tax Rate +0.023174% |
| Year 2020 | Assessed Value $12,900 | Land Value $748 | Improvement Value $12,152 | Tax Amount $292.88 | Change Rate +0.053753% | Assessed CR | Tax Rate +0.022704% |
| Year 2019 | Assessed Value $12,524 | Land Value $726 | Improvement Value $11,798 | Tax Amount $277.94 | Change Rate -0.209994% | Assessed CR | Tax Rate +0.022193% |
| Year 2018 | Assessed Value $12,159 | Land Value $705 | Improvement Value $11,454 | Tax Amount $351.82 | Change Rate +0.031851% | Assessed CR | Tax Rate +0.028935% |
| Year 2017 | Assessed Value $35,412 | Land Value $2,052 | Improvement Value $33,360 | Tax Amount $340.96 | Change Rate -0.63936% | Assessed CR | Tax Rate +0.009628% |
| Year 2016 | Assessed Value $34,380 | Land Value $1,992 | Improvement Value $32,388 | Tax Amount $945.43 | Change Rate -0.007787% | Assessed CR | Tax Rate +0.027499% |
| Year 2015 | Assessed Value $33,381 | Land Value $1,935 | Improvement Value $31,446 | Tax Amount $952.85 | Change Rate +0.085448% | Assessed CR | Tax Rate +0.028545% |
| Year 2014 | Assessed Value $32,409 | Land Value $1,878 | Improvement Value $30,531 | Tax Amount $877.84 | Change Rate | Assessed CR | Tax Rate +0.027086% |