Taxes
- Assessed Value: $13,573
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 129 820 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 366.32
- Tax Year: 2025
- Market Value: 40719
- Market Year: 2025
308 E Palace Ave; Hobbs, NM Property Details
Off market
308 E Palace Ave Hobbs, NM 88240
$13,573 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $151,000 / 100%
- APN: 4 000 129 820 001
- Situs County: Lea
Measurements
- Lot: 8,014/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 18 LOT 12 121307-SILCO, MARVIN A 4416-REED, THOMAS R DECD
Building Insights
Land Information
- Property Type: Single Family
- Flood Zone: AO / No Flood Zone
- School District: Hobbs Municipal Schools
- Lat / Lon: 32.685257 / -103.13349
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7732
Ownership Info
308 E Palace Ave has no associated ownership info
308 E Palace Ave has no associated ownership info.
Taxes
308 E Palace Ave has 10 associated Taxes items
308 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 $13,573. The APN we've located for 308 E Palace Ave is 4 000 129 820 001.
Unlock the full reportTax History
308 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 $13,573 | Land Value $867 | Improvement Value $12,706 | Tax Amount $366.32 | Change Rate +0.017104% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $13,178 | Land Value $842 | Improvement Value $12,336 | Tax Amount $360.16 | Change Rate +0.016109% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $12,794 | Land Value $817 | Improvement Value $11,977 | Tax Amount $354.45 | Change Rate +0.04339% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $12,794 | Land Value $817 | Improvement Value $11,977 | Tax Amount $339.71 | Change Rate +0.032553% | Assessed CR | Tax Rate +0.026552% |
| Year 2021 | Assessed Value $12,059 | Land Value $770 | Improvement Value $11,289 | Tax Amount $329 | Change Rate +0.045772% | Assessed CR | Tax Rate +0.027283% |
| Year 2020 | Assessed Value $11,708 | Land Value $748 | Improvement Value $10,960 | Tax Amount $314.6 | Change Rate +0.048003% | Assessed CR | Tax Rate +0.026871% |
| Year 2019 | Assessed Value $11,367 | Land Value $726 | Improvement Value $10,641 | Tax Amount $300.19 | Change Rate -0.112205% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $11,036 | Land Value $705 | Improvement Value $10,331 | Tax Amount $338.13 | Change Rate +0.030068% | Assessed CR | Tax Rate +0.030639% |
| Year 2017 | Assessed Value $32,142 | Land Value $2,052 | Improvement Value $30,090 | Tax Amount $328.26 | Change Rate | Assessed CR | Tax Rate +0.010213% |
| Year 2016 | Assessed Value $31,206 | Land Value $1,992 | Improvement Value $29,214 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $30,297 | Land Value $1,935 | Improvement Value $28,362 | Tax Amount $266.01 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $29,415 | Land Value $1,878 | Improvement Value $27,537 | Tax Amount | Change Rate | Assessed CR | Tax Rate |