Taxes
- Assessed Value: $31,540
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 135 900 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 851.22
- Tax Year: 2025
- Market Value: 94620
- Market Year: 2025
207 W Palace Ave; Hobbs, NM Property Details
Off market
207 W Palace Ave Hobbs, NM 88240
$31,540 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1989
- Open Loans / Balance: 1 / $56,105
- Est. Equity / %: $102,895 / 64.71%
- APN: 4 000 135 900 001
- Situs County: Lea
Measurements
- Lot: 8,387/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 4 1989-JOHNSON, LAURA K 1990-HOUSING & URBAN DEV 090902-SAVELL, JOYCE M 4703-RUSSELL, ALLEN B P
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68478 / -103.13857
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7629
Ownership Info
207 W Palace Ave has no associated ownership info
207 W Palace Ave has no associated ownership info.
Taxes
207 W Palace Ave has 10 associated Taxes items
207 W 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 $31,540. The APN we've located for 207 W Palace Ave is 4 000 135 900 001.
Unlock the full reportTax History
207 W 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 $31,540 | Land Value $867 | Improvement Value $30,673 | Tax Amount $851.22 | Change Rate +0.017111% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $30,622 | Land Value $842 | Improvement Value $29,780 | Tax Amount $836.9 | Change Rate +0.016099% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $29,730 | Land Value $817 | Improvement Value $28,913 | Tax Amount $823.64 | Change Rate +0.043282% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $29,730 | Land Value $817 | Improvement Value $28,913 | Tax Amount $789.47 | Change Rate +0.032662% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $28,023 | Land Value $770 | Improvement Value $27,253 | Tax Amount $764.5 | Change Rate +0.045756% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $27,207 | Land Value $748 | Improvement Value $26,459 | Tax Amount $731.05 | Change Rate +0.047995% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $26,414 | Land Value $726 | Improvement Value $25,688 | Tax Amount $697.57 | Change Rate -0.101533% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $25,645 | Land Value $705 | Improvement Value $24,940 | Tax Amount $776.4 | Change Rate +0.030009% | Assessed CR | Tax Rate +0.030275% |
| Year 2017 | Assessed Value $74,694 | Land Value $2,052 | Improvement Value $72,642 | Tax Amount $753.78 | Change Rate | Assessed CR | Tax Rate +0.010092% |
| Year 2016 | Assessed Value $72,519 | Land Value $1,992 | Improvement Value $70,527 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $70,407 | Land Value $1,935 | Improvement Value $68,472 | Tax Amount $565.51 | Change Rate | Assessed CR | Tax Rate +0.008032% |
| Year 2014 | Assessed Value $68,355 | Land Value $1,878 | Improvement Value $66,477 | Tax Amount | Change Rate | Assessed CR | Tax Rate |