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310 E Palace Ave; Hobbs, NM Property Details

310 E Palace Ave, Hobbs, NM is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 310 E Palace Ave has 4 bedrooms, and 1 bathroom, and a total of 1,724 square feet. The lot size of 310 E Palace Ave is 7,915 square feet.

Off market
310 E Palace Ave Hobbs, NM 88240
$125,000 Listing Price
4 Beds
1 Baths
1,724 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1987
  • Purchase Price: $124,400
  • Open Loans / Balance: 2 / $112,107
  • Est. Equity / %: $46,893 / 29.49%
  • Inv. Liens: 1
  • APN: 4 000 042 070 001
  • Situs County: Lea
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1

Measurements

  • Total: 1,724/SqFt
  • Lot: 7,915/SqFt
  • Price Per Square Foot: $72.16

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 18 LOT 13
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AO / No Flood Zone
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.685173 / -103.13328
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7732

Ownership Info

310 E Palace Ave has no associated ownership info
310 E Palace Ave has no associated ownership info.

Taxes

310 E Palace Ave has 10 associated Taxes items

310 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 $37,688. The APN we've located for 310 E Palace Ave is 4 000 042 070 001.

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Taxes
  • Assessed Value:  $37,688
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 042 070 001
  • Assessed Land Value:  4421
  • Market Land Value:  13263
  • Tax Amount:  1017.17
  • Tax Year:  2025
  • Market Value:  113064
  • Market Year:  2025

Tax History

310 E Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,688 Land Value $4,421 Improvement Value $33,267 Tax Amount $1,017.17 Change Rate +0.01716% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $36,590 Land Value $4,292 Improvement Value $32,298 Tax Amount $1,000.01 Change Rate +0.016095% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $35,524 Land Value $4,167 Improvement Value $31,357 Tax Amount $984.17 Change Rate +0.012917% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $35,524 Land Value $4,167 Improvement Value $31,357 Tax Amount $971.62 Change Rate +0.002559% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $35,524 Land Value $4,167 Improvement Value $31,357 Tax Amount $969.14 Change Rate +1.535224% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $20,227 Land Value $810 Improvement Value $19,417 Tax Amount $382.27 Change Rate +0.061448% Assessed CR Tax Rate +0.018899%
Year 2019 Assessed Value $19,637 Land Value $786 Improvement Value $18,851 Tax Amount $360.14 Change Rate -0.306863% Assessed CR Tax Rate +0.01834%
Year 2018 Assessed Value $19,065 Land Value $763 Improvement Value $18,302 Tax Amount $519.58 Change Rate +0.033558% Assessed CR Tax Rate +0.027253%
Year 2017 Assessed Value $55,530 Land Value $2,223 Improvement Value $53,307 Tax Amount $502.71 Change Rate -0.338383% Assessed CR Tax Rate +0.009053%
Year 2016 Assessed Value $53,910 Land Value $2,157 Improvement Value $51,753 Tax Amount $759.82 Change Rate +0.144256% Assessed CR Tax Rate +0.014094%
Year 2015 Assessed Value $52,341 Land Value $2,094 Improvement Value $50,247 Tax Amount $664.03 Change Rate +0.083547% Assessed CR Tax Rate +0.012687%
Year 2014 Assessed Value $50,817 Land Value $2,034 Improvement Value $48,783 Tax Amount $612.83 Change Rate Assessed CR Tax Rate +0.01206%