Taxes
- Assessed Value: $16,938
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 110 990 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 457.14
- Tax Year: 2025
- Market Value: 50814
- Market Year: 2025
117 E Palace Ave; Hobbs, NM Property Details
Off market
117 E Palace Ave Hobbs, NM 88240
$16,938 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Est. Equity / %: $151,000 / 100%
- APN: 4 000 110 990 001
- Situs County: Lea
Measurements
- Lot: 7,979/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 21 LOT 7 101708-SALCEDO, JULIA M 72413-RISEDORPH, IRENE S
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68478 / -103.13585
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7727
Ownership Info
117 E Palace Ave has no associated ownership info
117 E Palace Ave has no associated ownership info.
Taxes
117 E Palace Ave has 10 associated Taxes items
117 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 $16,938. The APN we've located for 117 E Palace Ave is 4 000 110 990 001.
Unlock the full reportTax History
117 E Palace Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $16,938 | Land Value $867 | Improvement Value $16,071 | Tax Amount $457.14 | Change Rate +0.01711% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $16,445 | Land Value $842 | Improvement Value $15,603 | Tax Amount $449.45 | Change Rate +0.016097% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $15,966 | Land Value $817 | Improvement Value $15,149 | Tax Amount $442.33 | Change Rate +0.043305% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $15,966 | Land Value $817 | Improvement Value $15,149 | Tax Amount $423.97 | Change Rate +0.032612% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $15,050 | Land Value $770 | Improvement Value $14,280 | Tax Amount $410.58 | Change Rate +0.045744% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $14,612 | Land Value $748 | Improvement Value $13,864 | Tax Amount $392.62 | Change Rate +0.048049% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $14,186 | Land Value $726 | Improvement Value $13,460 | Tax Amount $374.62 | Change Rate -0.108557% | Assessed CR | Tax Rate +0.026408% |
| Year 2018 | Assessed Value $13,773 | Land Value $705 | Improvement Value $13,068 | Tax Amount $420.24 | Change Rate +0.030076% | Assessed CR | Tax Rate +0.030512% |
| Year 2017 | Assessed Value $40,113 | Land Value $2,052 | Improvement Value $38,061 | Tax Amount $407.97 | Change Rate | Assessed CR | Tax Rate +0.010171% |
| Year 2016 | Assessed Value $38,943 | Land Value $1,992 | Improvement Value $36,951 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $37,809 | Land Value $1,935 | Improvement Value $35,874 | Tax Amount $331.96 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $36,708 | Land Value $1,878 | Improvement Value $34,830 | Tax Amount | Change Rate | Assessed CR | Tax Rate |