Taxes
- Assessed Value: $25,447
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 152 620 001
- Assessed Land Value: 2889
- Market Land Value: 8667
- Tax Amount: 686.79
- Tax Year: 2025
- Market Value: 76341
- Market Year: 2025
302 W Palace Ave; Hobbs, NM Property Details
Off market
302 W Palace Ave Hobbs, NM 88240
$90,000 Listing Price
3 Beds
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1950
- Purchase Price: $77,000
- Open Loans / Balance: 1 / $77,752
- Est. Equity / %: $49,248 / 38.78%
- Inv. Liens: 1
- APN: 4 000 152 620 001
- Situs County: Lea
- Length Of Ownership: 9 years
Rooms
- Bedrooms: 3
Measurements
- Lot: 8,712/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 22 LOT 30 595-PEREZ, DOLORES 899-MEJORADO, CATHY MARIE 11807-PEREZ, BERTHA J 662017-PALLANES, DONOVAN
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: 32.68529 / -103.13917
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7632
Ownership Info
302 W Palace Ave has no associated ownership info
302 W Palace Ave has no associated ownership info.
Taxes
302 W Palace Ave has 10 associated Taxes items
302 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 $25,447. The APN we've located for 302 W Palace Ave is 4 000 152 620 001.
Unlock the full reportTax History
302 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 $25,447 | Land Value $2,889 | Improvement Value $22,558 | Tax Amount $686.79 | Change Rate +0.01715% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $24,706 | Land Value $2,805 | Improvement Value $21,901 | Tax Amount $675.21 | Change Rate +0.016102% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $23,986 | Land Value $2,723 | Improvement Value $21,263 | Tax Amount $664.51 | Change Rate +0.043252% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $23,986 | Land Value $2,723 | Improvement Value $21,263 | Tax Amount $636.96 | Change Rate +0.032635% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $22,610 | Land Value $2,567 | Improvement Value $20,043 | Tax Amount $616.83 | Change Rate +0.015291% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $22,610 | Land Value $2,567 | Improvement Value $20,043 | Tax Amount $607.54 | Change Rate +0.01745% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $22,610 | Land Value $2,567 | Improvement Value $20,043 | Tax Amount $597.12 | Change Rate -0.151782% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $22,610 | Land Value $2,567 | Improvement Value $20,043 | Tax Amount $703.97 | Change Rate +1.068735% | Assessed CR | Tax Rate +0.031135% |
| Year 2017 | Assessed Value $33,345 | Land Value $2,052 | Improvement Value $31,293 | Tax Amount $340.29 | Change Rate | Assessed CR | Tax Rate +0.010205% |
| Year 2016 | Assessed Value $32,373 | Land Value $1,992 | Improvement Value $30,381 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $31,431 | Land Value $1,935 | Improvement Value $29,496 | Tax Amount $275.97 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $30,516 | Land Value $1,878 | Improvement Value $28,638 | Tax Amount | Change Rate | Assessed CR | Tax Rate |