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115 E Palace Ave; Hobbs, NM Property Details

115 E Palace Ave, Hobbs, NM is a Single Family that was built in 1988. This property is currently a cash purchase and is not for sale. The lot size of 115 E Palace Ave is 8,552 square feet.

Off market
115 E Palace Ave Hobbs, NM 88240
$24,862 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Est. Equity / %: $151,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 066 670 001
  • Situs County: Lea
  • Length Of Ownership: 8 years, 1 months

Measurements

  • Lot: 8,552/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 21 LOT 8 040518 FUENTES, ALBERT F 053118 WD BK2134658 FUENTES, TAMMIE FOOTNOTES F5 PHOTO 30119
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68479 / -103.13605
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7727

Ownership Info

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

Taxes

115 E Palace Ave has 10 associated Taxes items

115 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 $24,862. The APN we've located for 115 E Palace Ave is 4 000 066 670 001.

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Taxes
  • Assessed Value:  $24,862
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 066 670 001
  • Assessed Land Value:  1769
  • Market Land Value:  5307
  • Tax Amount:  671
  • Tax Year:  2025
  • Market Value:  74586
  • Market Year:  2025

Tax History

115 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,862 Land Value $1,769 Improvement Value $23,093 Tax Amount $671 Change Rate +0.017175% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $24,137 Land Value $1,717 Improvement Value $22,420 Tax Amount $659.67 Change Rate +0.016096% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $23,434 Land Value $1,667 Improvement Value $21,767 Tax Amount $649.22 Change Rate +0.012887% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $23,434 Land Value $1,667 Improvement Value $21,767 Tax Amount $640.96 Change Rate +0.002581% Assessed CR Tax Rate +0.027352%
Year 2021 Assessed Value $23,434 Land Value $1,667 Improvement Value $21,767 Tax Amount $639.31 Change Rate +0.01531% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $23,434 Land Value $1,667 Improvement Value $21,767 Tax Amount $629.67 Change Rate +0.017451% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $23,434 Land Value $1,667 Improvement Value $21,767 Tax Amount $618.87 Change Rate +1.095166% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $9,611 Land Value $705 Improvement Value $8,906 Tax Amount $295.38 Change Rate +0.030024% Assessed CR Tax Rate +0.030734%
Year 2017 Assessed Value $27,993 Land Value $2,052 Improvement Value $25,941 Tax Amount $286.77 Change Rate Assessed CR Tax Rate +0.010244%
Year 2016 Assessed Value $27,177 Land Value $1,992 Improvement Value $25,185 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $26,385 Land Value $1,935 Improvement Value $24,450 Tax Amount $231.66 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $25,617 Land Value $1,878 Improvement Value $23,739 Tax Amount Change Rate Assessed CR Tax Rate