Taxes
- Assessed Value: $14,608
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 034 080 001
- Assessed Land Value: 1591
- Market Land Value: 4773
- Tax Amount: 394.27
- Tax Year: 2025
- Market Value: 43824
- Market Year: 2025
308 W Palace Ave; Hobbs, NM Property Details
Off market
308 W Palace Ave Hobbs, NM 88240
$14,608 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Est. Equity / %: $144,000 / 100%
- Inv. Liens: 1
- APN: 4 000 034 080 001
- Situs County: Lea
- Length Of Ownership: 7 years, 7 months
Measurements
- Lot: 8,801/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 22 LOT 27 SEE F5 MEMO FOR OLDER FOOTNOTES 92518 OWENS, BURMA G ETVIR PHOTO 111518
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: 32.685234 / -103.139755
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7632
Ownership Info
308 W Palace Ave has no associated ownership info
308 W Palace Ave has no associated ownership info.
Taxes
308 W Palace Ave has 10 associated Taxes items
308 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 $14,608. The APN we've located for 308 W Palace Ave is 4 000 034 080 001.
Unlock the full reportTax History
308 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 $14,608 | Land Value $1,591 | Improvement Value $13,017 | Tax Amount $394.27 | Change Rate +0.01713% | Assessed CR | Tax Rate +0.02699% |
| Year 2024 | Assessed Value $14,183 | Land Value $1,545 | Improvement Value $12,638 | Tax Amount $387.63 | Change Rate +0.016095% | Assessed CR | Tax Rate +0.027331% |
| Year 2023 | Assessed Value $13,770 | Land Value $1,500 | Improvement Value $12,270 | Tax Amount $381.49 | Change Rate +0.012931% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $13,770 | Land Value $1,500 | Improvement Value $12,270 | Tax Amount $376.62 | Change Rate +0.002529% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $13,770 | Land Value $1,500 | Improvement Value $12,270 | Tax Amount $375.67 | Change Rate +0.015324% | Assessed CR | Tax Rate +0.027282% |
| Year 2020 | Assessed Value $13,770 | Land Value $1,500 | Improvement Value $12,270 | Tax Amount $370 | Change Rate +0.017462% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $13,770 | Land Value $1,500 | Improvement Value $12,270 | Tax Amount $363.65 | Change Rate +0.082002% | Assessed CR | Tax Rate +0.026409% |
| Year 2018 | Assessed Value $10,968 | Land Value $705 | Improvement Value $10,263 | Tax Amount $336.09 | Change Rate +0.030066% | Assessed CR | Tax Rate +0.030643% |
| Year 2017 | Assessed Value $31,944 | Land Value $2,052 | Improvement Value $29,892 | Tax Amount $326.28 | Change Rate +0.010342% | Assessed CR | Tax Rate +0.010214% |
| Year 2016 | Assessed Value $31,014 | Land Value $1,992 | Improvement Value $29,022 | Tax Amount $322.94 | Change Rate +0.013749% | Assessed CR | Tax Rate +0.010413% |
| Year 2015 | Assessed Value $30,111 | Land Value $1,935 | Improvement Value $28,176 | Tax Amount $318.56 | Change Rate +0.088573% | Assessed CR | Tax Rate +0.01058% |
| Year 2014 | Assessed Value $29,232 | Land Value $1,878 | Improvement Value $27,354 | Tax Amount $292.64 | Change Rate | Assessed CR | Tax Rate +0.010011% |