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310 W Palace Ave; Hobbs, NM Property Details

310 W Palace Ave, Hobbs, NM is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 310 W Palace Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,536 square feet. The lot size of 310 W Palace Ave is 8,001 square feet.

Off market
310 W Palace Ave Hobbs, NM 88240
$144,000 Listing Price
3 Beds
2 Baths
1,536 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $143,300
  • Open Loans / Balance: 1 / $126,961
  • Est. Equity / %: $39,039 / 23.52%
  • Inv. Liens: 1
  • APN: 4 000 145 300 001
  • Situs County: Lea
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,536/SqFt
  • Lot: 8,001/SqFt
  • Price Per Square Foot: $93.29

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 22 LOT 26 111016 ROBINSON, PATTY ETVIR PHOTO 31221 10521 JURADO, DANIEL
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: 32.685257 / -103.13992
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7632

Ownership Info

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

Taxes

310 W Palace Ave has 10 associated Taxes items

310 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 $41,025. The APN we've located for 310 W Palace Ave is 4 000 145 300 001.

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Taxes
  • Assessed Value:  $41,025
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 145 300 001
  • Assessed Land Value:  4800
  • Market Land Value:  14400
  • Tax Amount:  1107.22
  • Tax Year:  2025
  • Market Value:  123075
  • Market Year:  2025

Tax History

310 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,025 Land Value $4,800 Improvement Value $36,225 Tax Amount $1,107.22 Change Rate -0.012469% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $41,025 Land Value $4,800 Improvement Value $36,225 Tax Amount $1,121.2 Change Rate -0.013514% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $41,025 Land Value $4,800 Improvement Value $36,225 Tax Amount $1,136.56 Change Rate +0.012914% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $41,025 Land Value $4,800 Improvement Value $36,225 Tax Amount $1,122.07 Change Rate +0.651074% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $24,911 Land Value $1,667 Improvement Value $23,244 Tax Amount $679.6 Change Rate +0.015313% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $24,911 Land Value $1,667 Improvement Value $23,244 Tax Amount $669.35 Change Rate +0.01745% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $24,911 Land Value $1,667 Improvement Value $23,244 Tax Amount $657.87 Change Rate -0.138914% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $24,911 Land Value $1,667 Improvement Value $23,244 Tax Amount $764 Change Rate Assessed CR Tax Rate +0.030669%
Year 2017 Assessed Value $74,733 Land Value $5,001 Improvement Value $69,732 Tax Amount $764 Change Rate Assessed CR Tax Rate +0.010223%
Year 2016 Assessed Value $29,358 Land Value $1,992 Improvement Value $27,366 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $28,503 Land Value $1,935 Improvement Value $26,568 Tax Amount $250.25 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $27,672 Land Value $1,878 Improvement Value $25,794 Tax Amount Change Rate Assessed CR Tax Rate