Taxes
- Assessed Value: $15,371
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 020 010 001
- Assessed Land Value: 1352
- Market Land Value: 4056
- Tax Amount: 414.84
- Tax Year: 2025
- Market Value: 46113
- Market Year: 2025
202 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 $15,371. The APN we've located for 202 E Palace Ave is 4 000 020 010 001.
Unlock the full report| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $15,371 | Land Value $1,352 | Improvement Value $14,019 | Tax Amount $414.84 | Change Rate +0.017064% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $14,924 | Land Value $1,313 | Improvement Value $13,611 | Tax Amount $407.88 | Change Rate +0.016068% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $14,490 | Land Value $1,275 | Improvement Value $13,215 | Tax Amount $401.43 | Change Rate +0.043299% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $14,490 | Land Value $1,275 | Improvement Value $13,215 | Tax Amount $384.77 | Change Rate +0.032635% | Assessed CR | Tax Rate +0.026554% |
| Year 2021 | Assessed Value $13,658 | Land Value $1,202 | Improvement Value $12,456 | Tax Amount $372.61 | Change Rate +0.015341% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $13,658 | Land Value $1,202 | Improvement Value $12,456 | Tax Amount $366.98 | Change Rate +0.017439% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $13,658 | Land Value $1,202 | Improvement Value $12,456 | Tax Amount $360.69 | Change Rate -0.144798% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $13,658 | Land Value $1,202 | Improvement Value $12,456 | Tax Amount $421.76 | Change Rate | Assessed CR | Tax Rate +0.03088% |
| Year 2017 | Assessed Value $40,974 | Land Value $3,606 | Improvement Value $37,368 | Tax Amount $421.76 | Change Rate +0.253596% | Assessed CR | Tax Rate +0.010293% |
| Year 2016 | Assessed Value $40,974 | Land Value $3,606 | Improvement Value $37,368 | Tax Amount $336.44 | Change Rate +0.022024% | Assessed CR | Tax Rate +0.008211% |
| Year 2015 | Assessed Value $40,974 | Land Value $3,606 | Improvement Value $37,368 | Tax Amount $329.19 | Change Rate +0.117869% | Assessed CR | Tax Rate +0.008034% |
| Year 2014 | Assessed Value $40,974 | Land Value $3,606 | Improvement Value $37,368 | Tax Amount $294.48 | Change Rate | Assessed CR | Tax Rate +0.007187% |