Taxes
- Assessed Value: $24,260
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 063 030 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 654.75
- Tax Year: 2025
- Market Value: 72780
- Market Year: 2025
112 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 $24,260. The APN we've located for 112 E Palace Ave is 4 000 063 030 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $24,260 | Land Value $867 | Improvement Value $23,393 | Tax Amount $654.75 | Change Rate +0.017119% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $23,554 | Land Value $842 | Improvement Value $22,712 | Tax Amount $643.73 | Change Rate +0.016132% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $22,867 | Land Value $817 | Improvement Value $22,050 | Tax Amount $633.51 | Change Rate +0.04333% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $22,867 | Land Value $817 | Improvement Value $22,050 | Tax Amount $607.2 | Change Rate +0.032618% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $21,554 | Land Value $770 | Improvement Value $20,784 | Tax Amount $588.02 | Change Rate +0.045741% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $20,927 | Land Value $748 | Improvement Value $20,179 | Tax Amount $562.3 | Change Rate +0.048011% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $20,317 | Land Value $726 | Improvement Value $19,591 | Tax Amount $536.54 | Change Rate -0.103975% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $19,725 | Land Value $705 | Improvement Value $19,020 | Tax Amount $598.8 | Change Rate +0.030034% | Assessed CR | Tax Rate +0.030357% |
| Year 2017 | Assessed Value $57,450 | Land Value $2,052 | Improvement Value $55,398 | Tax Amount $581.34 | Change Rate | Assessed CR | Tax Rate +0.010119% |
| Year 2016 | Assessed Value $55,776 | Land Value $1,992 | Improvement Value $53,784 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $54,153 | Land Value $1,935 | Improvement Value $52,218 | Tax Amount $475.47 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $52,575 | Land Value $1,878 | Improvement Value $50,697 | Tax Amount | Change Rate | Assessed CR | Tax Rate |