Taxes
- Assessed Value: $43,554
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 137 480 001
- Assessed Land Value: 4597
- Market Land Value: 13791
- Tax Amount: 1175.48
- Tax Year: 2025
- Market Value: 130662
- Market Year: 2025
201 E Palace Ave; Hobbs, NM Property Details
Off market
201 E Palace Ave Hobbs, NM 88240
$129,300 Listing Price
4 Beds
1 Baths
1,374 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1992
- Purchase Price: $128,700
- Open Loans / Balance: 2 / $124,273
- Est. Equity / %: $37,727 / 23.29%
- Inv. Liens: 1
- APN: 4 000 137 480 001
- Situs County: Lea
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 4
- Bathrooms: 1
Measurements
- Total: 1,374/SqFt
- Lot: 8,376/SqFt
- Price Per Square Foot: $93.67
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 21 LOT 6
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68478 / -103.13566
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7729
Ownership Info
201 E Palace Ave has no associated ownership info
201 E Palace Ave has no associated ownership info.
Taxes
201 E Palace Ave has 10 associated Taxes items
201 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 $43,554. The APN we've located for 201 E Palace Ave is 4 000 137 480 001.
Unlock the full reportTax History
201 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 $43,554 | Land Value $4,597 | Improvement Value $38,957 | Tax Amount $1,175.48 | Change Rate +0.017168% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $42,285 | Land Value $4,463 | Improvement Value $37,822 | Tax Amount $1,155.64 | Change Rate +0.016099% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $41,053 | Land Value $4,333 | Improvement Value $36,720 | Tax Amount $1,137.33 | Change Rate +0.012905% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $41,053 | Land Value $4,333 | Improvement Value $36,720 | Tax Amount $1,122.84 | Change Rate +0.002572% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $41,053 | Land Value $4,333 | Improvement Value $36,720 | Tax Amount $1,119.96 | Change Rate +1.196991% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $18,972 | Land Value $748 | Improvement Value $18,224 | Tax Amount $509.77 | Change Rate +0.175615% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $18,419 | Land Value $726 | Improvement Value $17,693 | Tax Amount $433.62 | Change Rate -0.171754% | Assessed CR | Tax Rate +0.023542% |
| Year 2018 | Assessed Value $17,883 | Land Value $705 | Improvement Value $17,178 | Tax Amount $523.54 | Change Rate +0.0312% | Assessed CR | Tax Rate +0.029276% |
| Year 2017 | Assessed Value $52,086 | Land Value $2,052 | Improvement Value $50,034 | Tax Amount $507.7 | Change Rate | Assessed CR | Tax Rate +0.009747% |
| Year 2016 | Assessed Value $50,568 | Land Value $1,992 | Improvement Value $48,576 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $49,095 | Land Value $1,935 | Improvement Value $47,160 | Tax Amount $378.38 | Change Rate | Assessed CR | Tax Rate +0.007707% |
| Year 2014 | Assessed Value $47,664 | Land Value $1,878 | Improvement Value $45,786 | Tax Amount | Change Rate | Assessed CR | Tax Rate |