Taxes
- Assessed Value: $15,617
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 164 930 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 367.51
- Tax Year: 2025
- Market Value: 46851
- Market Year: 2025
302 E Palace Ave; Hobbs, NM Property Details
Off market
302 E Palace Ave Hobbs, NM 88240
$15,617 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $158,000 / 100%
- APN: 4 000 164 930 001
- Situs County: Lea
Measurements
- Lot: 8,518/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 18 LOT 9 997-STEPP, ERROL L PHOTO 91815
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68523 / -103.13408
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7732
Ownership Info
302 E Palace Ave has no associated ownership info
302 E Palace Ave has no associated ownership info.
Taxes
302 E Palace Ave has 10 associated Taxes items
302 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 $15,617. The APN we've located for 302 E Palace Ave is 4 000 164 930 001.
Unlock the full reportTax History
302 E 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 $15,617 | Land Value $867 | Improvement Value $14,750 | Tax Amount $367.51 | Change Rate +0.021684% | Assessed CR | Tax Rate +0.023533% |
| Year 2024 | Assessed Value $15,162 | Land Value $842 | Improvement Value $14,320 | Tax Amount $359.71 | Change Rate +0.020772% | Assessed CR | Tax Rate +0.023724% |
| Year 2023 | Assessed Value $14,720 | Land Value $817 | Improvement Value $13,903 | Tax Amount $352.39 | Change Rate +0.048249% | Assessed CR | Tax Rate +0.02394% |
| Year 2022 | Assessed Value $14,720 | Land Value $817 | Improvement Value $13,903 | Tax Amount $336.17 | Change Rate +0.037658% | Assessed CR | Tax Rate +0.022838% |
| Year 2021 | Assessed Value $13,875 | Land Value $770 | Improvement Value $13,105 | Tax Amount $323.97 | Change Rate +0.0511% | Assessed CR | Tax Rate +0.023349% |
| Year 2020 | Assessed Value $13,471 | Land Value $748 | Improvement Value $12,723 | Tax Amount $308.22 | Change Rate +0.053491% | Assessed CR | Tax Rate +0.02288% |
| Year 2019 | Assessed Value $13,078 | Land Value $726 | Improvement Value $12,352 | Tax Amount $292.57 | Change Rate -0.204886% | Assessed CR | Tax Rate +0.022371% |
| Year 2018 | Assessed Value $12,697 | Land Value $705 | Improvement Value $11,992 | Tax Amount $367.96 | Change Rate +0.031712% | Assessed CR | Tax Rate +0.02898% |
| Year 2017 | Assessed Value $36,981 | Land Value $2,052 | Improvement Value $34,929 | Tax Amount $356.65 | Change Rate | Assessed CR | Tax Rate +0.009644% |
| Year 2016 | Assessed Value $35,904 | Land Value $1,992 | Improvement Value $33,912 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $34,860 | Land Value $1,935 | Improvement Value $32,925 | Tax Amount $253.38 | Change Rate | Assessed CR | Tax Rate +0.007269% |
| Year 2014 | Assessed Value $33,843 | Land Value $1,878 | Improvement Value $31,965 | Tax Amount | Change Rate | Assessed CR | Tax Rate |