Large Location Icon

208 W Palace Ave; Hobbs, NM Property Details

208 W Palace Ave, Hobbs, NM is a Single Family that was built in 1988. This property is not for sale. The lot size of 208 W Palace Ave is 8,361 square feet.

Off market
208 W Palace Ave Hobbs, NM 88240
$17,832 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Est. Equity / %: $147,000 / 100%
  • APN: 4 000 172 240 001
  • Situs County: Lea

Measurements

  • Lot: 8,361/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 22 LOT 33 34 E 50 LOT 33, W 10 OF 34 1988-SALCEDO, JOE M 1989-HOUSING AND URBAN DEV PHOTO 111412
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: 32.68524 / -103.13856
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7630

Ownership Info

208 W Palace Ave has no associated ownership info
208 W Palace Ave has no associated ownership info.

Taxes

208 W Palace Ave has 10 associated Taxes items

208 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 $17,832. The APN we've located for 208 W Palace Ave is 4 000 172 240 001.

Unlock the full report
Taxes
  • Assessed Value:  $17,832
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 172 240 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  481.28
  • Tax Year:  2025
  • Market Value:  53496
  • Market Year:  2025

Tax History

208 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,832 Land Value $867 Improvement Value $16,965 Tax Amount $481.28 Change Rate +0.017118% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $17,313 Land Value $842 Improvement Value $16,471 Tax Amount $473.18 Change Rate +0.016171% Assessed CR Tax Rate +0.027331%
Year 2023 Assessed Value $16,808 Land Value $817 Improvement Value $15,991 Tax Amount $465.65 Change Rate +0.043356% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $16,808 Land Value $817 Improvement Value $15,991 Tax Amount $446.3 Change Rate +0.032552% Assessed CR Tax Rate +0.026553%
Year 2021 Assessed Value $15,843 Land Value $770 Improvement Value $15,073 Tax Amount $432.23 Change Rate +0.045777% Assessed CR Tax Rate +0.027282%
Year 2020 Assessed Value $15,382 Land Value $748 Improvement Value $14,634 Tax Amount $413.31 Change Rate +0.04792% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $14,934 Land Value $726 Improvement Value $14,208 Tax Amount $394.41 Change Rate -0.10771% Assessed CR Tax Rate +0.02641%
Year 2018 Assessed Value $14,499 Land Value $705 Improvement Value $13,794 Tax Amount $442.02 Change Rate +0.030062% Assessed CR Tax Rate +0.030486%
Year 2017 Assessed Value $42,228 Land Value $2,052 Improvement Value $40,176 Tax Amount $429.12 Change Rate Assessed CR Tax Rate +0.010162%
Year 2016 Assessed Value $40,998 Land Value $1,992 Improvement Value $39,006 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $39,804 Land Value $1,935 Improvement Value $37,869 Tax Amount $349.47 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $38,643 Land Value $1,878 Improvement Value $36,765 Tax Amount Change Rate Assessed CR Tax Rate