Taxes
- Assessed Value: $25,037
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 111 290 001
- Assessed Land Value: 3642
- Market Land Value: 10926
- Tax Amount: 675.72
- Tax Year: 2025
- Market Value: 75111
- Market Year: 2025
303 E Palace Ave; Hobbs, NM Property Details
Off market
303 E Palace Ave Hobbs, NM 88240
$25,037 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Multiple
- Owner Status: Multiple
- Purchase Price: $30,000
- Est. Equity / %: $150,000 / 100%
- Inv. Liens: 1
- APN: 4 000 111 290 001
- Situs County: Lea
- Length Of Ownership: 4 years, 7 months
Measurements
- Lot: 8,025/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 19 LOT 4 9974 SECRETARY OF HOUSING & URBAN DEVELOPMENT 112976 MURPHY, MARGARET ELAINE 62700 REED, THOM
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.684704 / -103.13388
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7731
Ownership Info
303 E Palace Ave has no associated ownership info
303 E Palace Ave has no associated ownership info.
Taxes
303 E Palace Ave has 10 associated Taxes items
303 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 $25,037. The APN we've located for 303 E Palace Ave is 4 000 111 290 001.
Unlock the full reportTax History
303 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 $25,037 | Land Value $3,642 | Improvement Value $21,395 | Tax Amount $675.72 | Change Rate +0.017114% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $24,308 | Land Value $3,536 | Improvement Value $20,772 | Tax Amount $664.35 | Change Rate +0.01609% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $23,600 | Land Value $3,433 | Improvement Value $20,167 | Tax Amount $653.83 | Change Rate +0.043307% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $23,600 | Land Value $3,433 | Improvement Value $20,167 | Tax Amount $626.69 | Change Rate +1.338483% | Assessed CR | Tax Rate +0.026555% |
| Year 2021 | Assessed Value $9,823 | Land Value $770 | Improvement Value $9,053 | Tax Amount $267.99 | Change Rate +0.045815% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $9,537 | Land Value $748 | Improvement Value $8,789 | Tax Amount $256.25 | Change Rate +0.047929% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $9,259 | Land Value $726 | Improvement Value $8,533 | Tax Amount $244.53 | Change Rate -0.116327% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $8,989 | Land Value $705 | Improvement Value $8,284 | Tax Amount $276.72 | Change Rate +0.030039% | Assessed CR | Tax Rate +0.030784% |
| Year 2017 | Assessed Value $26,181 | Land Value $2,052 | Improvement Value $24,129 | Tax Amount $268.65 | Change Rate | Assessed CR | Tax Rate +0.010261% |
| Year 2016 | Assessed Value $25,419 | Land Value $1,992 | Improvement Value $23,427 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $24,681 | Land Value $1,935 | Improvement Value $22,746 | Tax Amount $216.7 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $23,961 | Land Value $1,878 | Improvement Value $22,083 | Tax Amount | Change Rate | Assessed CR | Tax Rate |