Taxes
- Assessed Value: $16,008
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 168 730 001
- Assessed Land Value: 770
- Market Land Value: 2310
- Tax Amount: 432.05
- Tax Year: 2025
- Market Value: 48024
- Market Year: 2025
114 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 $16,008. The APN we've located for 114 E Palace Ave is 4 000 168 730 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $16,008 | Land Value $770 | Improvement Value $15,238 | Tax Amount $432.05 | Change Rate +0.017139% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $15,542 | Land Value $748 | Improvement Value $14,794 | Tax Amount $424.77 | Change Rate +0.016123% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $15,089 | Land Value $726 | Improvement Value $14,363 | Tax Amount $418.03 | Change Rate +0.043275% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $15,089 | Land Value $726 | Improvement Value $14,363 | Tax Amount $400.69 | Change Rate +0.002602% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $14,650 | Land Value $705 | Improvement Value $13,945 | Tax Amount $399.65 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.02728% |
| Year 2020 | Assessed Value $14,650 | Land Value $705 | Improvement Value $13,945 | Tax Amount $393.63 | Change Rate +0.017421% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $14,650 | Land Value $705 | Improvement Value $13,945 | Tax Amount $386.89 | Change Rate -0.217693% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $16,250 | Land Value $705 | Improvement Value $15,545 | Tax Amount $494.55 | Change Rate +0.030055% | Assessed CR | Tax Rate +0.030434% |
| Year 2017 | Assessed Value $47,328 | Land Value $2,052 | Improvement Value $45,276 | Tax Amount $480.12 | Change Rate | Assessed CR | Tax Rate +0.010145% |
| Year 2016 | Assessed Value $45,948 | Land Value $1,992 | Improvement Value $43,956 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $44,610 | Land Value $1,935 | Improvement Value $42,675 | Tax Amount $391.68 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $43,311 | Land Value $1,878 | Improvement Value $41,433 | Tax Amount | Change Rate | Assessed CR | Tax Rate |