Taxes
- Assessed Value: $21,121
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 152 840 001
- Assessed Land Value: 2439
- Market Land Value: 7317
- Tax Amount: 516.05
- Tax Year: 2025
- Market Value: 63363
- Market Year: 2025
307 W Palace Ave; Hobbs, NM Property Details
Off market
307 W Palace Ave Hobbs, NM 88240
$21,121 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1990
- Est. Equity / %: $141,000 / 100%
- APN: 4 000 152 840 001
- Situs County: Lea
Measurements
- Lot: 7,980/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 9 1990-DOMINQUEZ, JOHN C 499-COOK, WALTER E 32911-COOK,RUTH N DECEASED ESTATE PHOTO 042511
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: 32.684765 / -103.13956
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7631
Ownership Info
307 W Palace Ave has no associated ownership info
307 W Palace Ave has no associated ownership info.
Taxes
307 W Palace Ave has 10 associated Taxes items
307 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 $21,121. The APN we've located for 307 W Palace Ave is 4 000 152 840 001.
Unlock the full reportTax History
307 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 $21,121 | Land Value $2,439 | Improvement Value $18,682 | Tax Amount $516.05 | Change Rate +0.020325% | Assessed CR | Tax Rate +0.024433% |
| Year 2024 | Assessed Value $20,506 | Land Value $2,368 | Improvement Value $18,138 | Tax Amount $505.77 | Change Rate +0.019369% | Assessed CR | Tax Rate +0.024664% |
| Year 2023 | Assessed Value $19,909 | Land Value $2,299 | Improvement Value $17,610 | Tax Amount $496.16 | Change Rate +0.046817% | Assessed CR | Tax Rate +0.024921% |
| Year 2022 | Assessed Value $19,909 | Land Value $2,299 | Improvement Value $17,610 | Tax Amount $473.97 | Change Rate +0.036272% | Assessed CR | Tax Rate +0.023807% |
| Year 2021 | Assessed Value $18,766 | Land Value $2,167 | Improvement Value $16,599 | Tax Amount $457.38 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.024373% |
| Year 2020 | Assessed Value $18,766 | Land Value $2,167 | Improvement Value $16,599 | Tax Amount $450.49 | Change Rate +0.017459% | Assessed CR | Tax Rate +0.024006% |
| Year 2019 | Assessed Value $18,766 | Land Value $2,167 | Improvement Value $16,599 | Tax Amount $442.76 | Change Rate -0.215868% | Assessed CR | Tax Rate +0.023594% |
| Year 2018 | Assessed Value $18,766 | Land Value $2,167 | Improvement Value $16,599 | Tax Amount $564.65 | Change Rate | Assessed CR | Tax Rate +0.030089% |
| Year 2017 | Assessed Value $56,298 | Land Value $6,501 | Improvement Value $49,797 | Tax Amount $564.65 | Change Rate | Assessed CR | Tax Rate +0.01003% |
| Year 2016 | Assessed Value $56,298 | Land Value $6,501 | Improvement Value $49,797 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $56,298 | Land Value $6,501 | Improvement Value $49,797 | Tax Amount $494.29 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $56,298 | Land Value $6,501 | Improvement Value $49,797 | Tax Amount | Change Rate | Assessed CR | Tax Rate |