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200 E Palace Ave; Hobbs, NM Property Details

200 E Palace Ave, Hobbs, NM is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 200 E Palace Ave has 3 bedrooms, and 1 bathroom, and a total of 935 square feet. The lot size of 200 E Palace Ave is 8,457 square feet.

Off market
200 E Palace Ave Hobbs, NM 88240
$55,000 Listing Price
3 Beds
1 Baths
935 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Est. Equity / %: $152,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 021 050 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 935/SqFt
  • Lot: 8,457/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 20 LOT 19 42911-CORLEY, WILLIAM HURSHELL ESTATE OF CORLEY, JOSIE JACKIE BY STICKLE, VIVIAN J (PERSONAL
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685257 / -103.13565
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7730

Ownership Info

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

Taxes

200 E Palace Ave has 10 associated Taxes items

200 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 $39,698. The APN we've located for 200 E Palace Ave is 4 000 021 050 001.

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Taxes
  • Assessed Value:  $39,698
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 021 050 001
  • Assessed Land Value:  2500
  • Market Land Value:  7500
  • Tax Amount:  1071.39
  • Tax Year:  2025
  • Market Value:  119094
  • Market Year:  2025

Tax History

200 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,698 Land Value $2,500 Improvement Value $37,198 Tax Amount $1,071.39 Change Rate -0.012498% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $39,698 Land Value $2,500 Improvement Value $37,198 Tax Amount $1,084.95 Change Rate +3.00735% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $9,773 Land Value $817 Improvement Value $8,956 Tax Amount $270.74 Change Rate +0.043274% Assessed CR Tax Rate +0.027703%
Year 2022 Assessed Value $9,773 Land Value $817 Improvement Value $8,956 Tax Amount $259.51 Change Rate +0.032629% Assessed CR Tax Rate +0.026554%
Year 2021 Assessed Value $9,212 Land Value $770 Improvement Value $8,442 Tax Amount $251.31 Change Rate +0.045687% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $8,944 Land Value $748 Improvement Value $8,196 Tax Amount $240.33 Change Rate +0.048012% Assessed CR Tax Rate +0.026871%
Year 2019 Assessed Value $8,683 Land Value $726 Improvement Value $7,957 Tax Amount $229.32 Change Rate -0.11783% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $8,430 Land Value $705 Improvement Value $7,725 Tax Amount $259.95 Change Rate +0.030076% Assessed CR Tax Rate +0.030836%
Year 2017 Assessed Value $24,552 Land Value $2,052 Improvement Value $22,500 Tax Amount $252.36 Change Rate -0.446712% Assessed CR Tax Rate +0.010279%
Year 2016 Assessed Value $23,838 Land Value $1,992 Improvement Value $21,846 Tax Amount $456.11 Change Rate -0.007766% Assessed CR Tax Rate +0.019134%
Year 2015 Assessed Value $23,145 Land Value $1,935 Improvement Value $21,210 Tax Amount $459.68 Change Rate +0.106783% Assessed CR Tax Rate +0.019861%
Year 2014 Assessed Value $22,470 Land Value $1,878 Improvement Value $20,592 Tax Amount $415.33 Change Rate Assessed CR Tax Rate +0.018484%