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114 E Palace Ave; Hobbs, NM Property Details

114 E Palace Ave, Hobbs, NM is a Single Family. This property is currently a cash purchase and is not for sale. The lot size of 114 E Palace Ave is 8,053 square feet.

Off market
114 E Palace Ave Hobbs, NM 88240
$16,008 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $149,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 168 730 001
  • Situs County: Lea
  • Length Of Ownership: 8 years, 3 months

Measurements

  • Lot: 8,053/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 20 LOT 18 1000-MALDONADO, YESSENIN M PHOTO 0312019 52406-LUNA, JESUS M 3207-IBARRA, ALFREDO 21209-IBAR
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685223 / -103.13586
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7728

Ownership Info

114 E Palace Ave has no associated ownership info
114 E Palace Ave has no associated ownership info.

Taxes

114 E Palace Ave has 10 associated Taxes items

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.

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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

Tax History

114 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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