Taxes
- Assessed Value: $10,428
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 153 970 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 281.44
- Tax Year: 2025
- Market Value: 31284
- Market Year: 2025
307 E Palace Ave; Hobbs, NM Property Details
Off market
307 E Palace Ave Hobbs, NM 88240
$10,428 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $156,000 / 100%
- Inv. Liens: 1
- APN: 4 000 153 970 001
- Situs County: Lea
- Length Of Ownership: 12 years, 4 months
Measurements
- Lot: 8,030/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 19 LOT 2 22114-NOLEN, JIMMIE J BY JIMMIE L PA
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.68479 / -103.133514
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7731
Ownership Info
307 E Palace Ave has no associated ownership info
307 E Palace Ave has no associated ownership info.
Taxes
307 E Palace Ave has 10 associated Taxes items
307 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 $10,428. The APN we've located for 307 E Palace Ave is 4 000 153 970 001.
Unlock the full reportTax History
307 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 $10,428 | Land Value $867 | Improvement Value $9,561 | Tax Amount $281.44 | Change Rate +0.017057% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $10,125 | Land Value $842 | Improvement Value $9,283 | Tax Amount $276.72 | Change Rate +0.016083% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $9,830 | Land Value $817 | Improvement Value $9,013 | Tax Amount $272.34 | Change Rate +0.043368% | Assessed CR | Tax Rate +0.027705% |
| Year 2022 | Assessed Value $9,830 | Land Value $817 | Improvement Value $9,013 | Tax Amount $261.02 | Change Rate +0.032679% | Assessed CR | Tax Rate +0.026553% |
| Year 2021 | Assessed Value $9,265 | Land Value $770 | Improvement Value $8,495 | Tax Amount $252.76 | Change Rate +0.045716% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $8,996 | Land Value $748 | Improvement Value $8,248 | Tax Amount $241.71 | Change Rate +0.047906% | Assessed CR | Tax Rate +0.026869% |
| Year 2019 | Assessed Value $8,734 | Land Value $726 | Improvement Value $8,008 | Tax Amount $230.66 | Change Rate -0.117766% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $8,480 | Land Value $705 | Improvement Value $7,775 | Tax Amount $261.45 | Change Rate +0.03002% | Assessed CR | Tax Rate +0.030831% |
| Year 2017 | Assessed Value $24,699 | Land Value $2,052 | Improvement Value $22,647 | Tax Amount $253.83 | Change Rate | Assessed CR | Tax Rate +0.010277% |
| Year 2016 | Assessed Value $23,979 | Land Value $1,992 | Improvement Value $21,987 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $23,283 | Land Value $1,935 | Improvement Value $21,348 | Tax Amount $204.42 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $22,605 | Land Value $1,878 | Improvement Value $20,727 | Tax Amount | Change Rate | Assessed CR | Tax Rate |