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301 E Palace Ave; Hobbs, NM Property Details

301 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 301 E Palace Ave is 11,844 square feet.

Off market
301 E Palace Ave Hobbs, NM 88240
$13,739 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1989
  • Est. Equity / %: $168,000 / 100%
  • Inv. Liens: 1
  • APN: 4 000 124 350 001
  • Situs County: Lea
  • Length Of Ownership: 3 years, 9 months

Measurements

  • Lot: 11,844/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 19 LOT 5 5710 PETERS, BRIAN L 82922 PETERS, LENORA S
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.684765 / -103.134125
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7731

Ownership Info

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

Taxes

301 E Palace Ave has 10 associated Taxes items

301 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 $13,739. The APN we've located for 301 E Palace Ave is 4 000 124 350 001.

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Taxes
  • Assessed Value:  $13,739
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 124 350 001
  • Assessed Land Value:  1245
  • Market Land Value:  3735
  • Tax Amount:  370.82
  • Tax Year:  2025
  • Market Value:  41217
  • Market Year:  2025

Tax History

301 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $13,739 Land Value $1,245 Improvement Value $12,494 Tax Amount $370.82 Change Rate +0.111537% Assessed CR Tax Rate +0.02699%
Year 2024 Assessed Value $12,207 Land Value $1,245 Improvement Value $10,962 Tax Amount $333.61 Change Rate -0.013514% Assessed CR Tax Rate +0.027329%
Year 2023 Assessed Value $12,207 Land Value $1,245 Improvement Value $10,962 Tax Amount $338.18 Change Rate +0.21142% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $12,207 Land Value $1,245 Improvement Value $10,962 Tax Amount $279.16 Change Rate +0.038696% Assessed CR Tax Rate +0.022869%
Year 2021 Assessed Value $11,852 Land Value $1,209 Improvement Value $10,643 Tax Amount $268.76 Change Rate +0.052063% Assessed CR Tax Rate +0.022676%
Year 2020 Assessed Value $11,507 Land Value $1,174 Improvement Value $10,333 Tax Amount $255.46 Change Rate +0.054661% Assessed CR Tax Rate +0.0222%
Year 2019 Assessed Value $11,172 Land Value $1,140 Improvement Value $10,032 Tax Amount $242.22 Change Rate -0.234644% Assessed CR Tax Rate +0.021681%
Year 2018 Assessed Value $10,847 Land Value $1,107 Improvement Value $9,740 Tax Amount $316.48 Change Rate +0.031955% Assessed CR Tax Rate +0.029177%
Year 2017 Assessed Value $31,593 Land Value $3,225 Improvement Value $28,368 Tax Amount $306.68 Change Rate Assessed CR Tax Rate +0.009707%
Year 2016 Assessed Value $30,675 Land Value $3,132 Improvement Value $27,543 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $29,784 Land Value $3,042 Improvement Value $26,742 Tax Amount $208.82 Change Rate Assessed CR Tax Rate +0.007011%
Year 2014 Assessed Value $28,914 Land Value $2,952 Improvement Value $25,962 Tax Amount Change Rate Assessed CR Tax Rate