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205 E Palace Ave; Hobbs, NM Property Details

205 E Palace Ave, Hobbs, NM is a Single Family that was built in 1989. This property is currently a cash purchase and is not for sale. The lot size of 205 E Palace Ave is 8,173 square feet.

Off market
205 E Palace Ave Hobbs, NM 88240
$15,915 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1989
  • Est. Equity / %: $154,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 157 440 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 9 months

Measurements

  • Lot: 8,173/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 21 LOT 4 82624 ESTATE OF HOLGUIN, MARTHA A
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68478 / -103.13527
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7729

Ownership Info

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

Taxes

205 E Palace Ave has 10 associated Taxes items

205 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 $15,915. The APN we've located for 205 E Palace Ave is 4 000 157 440 001.

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Taxes
  • Assessed Value:  $15,915
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 157 440 001
  • Assessed Land Value:  1667
  • Market Land Value:  5001
  • Tax Amount:  429.52
  • Tax Year:  2025
  • Market Value:  47745
  • Market Year:  2025

Tax History

205 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,915 Land Value $1,667 Improvement Value $14,248 Tax Amount $429.52 Change Rate +0.019705% Assessed CR Tax Rate +0.026988%
Year 2024 Assessed Value $15,412 Land Value $842 Improvement Value $14,570 Tax Amount $421.22 Change Rate +0.016114% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $14,963 Land Value $817 Improvement Value $14,146 Tax Amount $414.54 Change Rate +0.04334% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $14,963 Land Value $817 Improvement Value $14,146 Tax Amount $397.32 Change Rate +0.032617% Assessed CR Tax Rate +0.026553%
Year 2021 Assessed Value $14,104 Land Value $770 Improvement Value $13,334 Tax Amount $384.77 Change Rate +0.045684% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $13,694 Land Value $748 Improvement Value $12,946 Tax Amount $367.96 Change Rate +0.047991% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $13,295 Land Value $726 Improvement Value $12,569 Tax Amount $351.11 Change Rate -0.109513% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $12,908 Land Value $705 Improvement Value $12,203 Tax Amount $394.29 Change Rate +0.030016% Assessed CR Tax Rate +0.030546%
Year 2017 Assessed Value $37,596 Land Value $2,052 Improvement Value $35,544 Tax Amount $382.8 Change Rate Assessed CR Tax Rate +0.010182%
Year 2016 Assessed Value $36,501 Land Value $1,992 Improvement Value $34,509 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $35,439 Land Value $1,935 Improvement Value $33,504 Tax Amount $311.17 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $34,407 Land Value $1,878 Improvement Value $32,529 Tax Amount Change Rate Assessed CR Tax Rate