Taxes
- Assessed Value: $8,472
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 018 910 001
- Assessed Land Value: 1800
- Market Land Value: 5400
- Tax Amount: 228.64
- Tax Year: 2025
- Market Value: 25416
- Market Year: 2025
314 W Palace Ave; Hobbs, NM Property Details
Off market
314 W Palace Ave Hobbs, NM 88240
$54,000 Listing Price
3 Beds
1 Baths
1,310 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1989
- Est. Equity / %: $63,000 / 100%
- Inv. Liens: 1
- APN: 4 000 018 910 001
- Situs County: Lea
- Length Of Ownership: 4 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,310/SqFt
- Lot: 8,125/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 22 LOT 24 PHOTO 112019 32598 KINCAID, JUNIOR 73013 AFFDTH RANSOM, ROBERT 22221 RANSOM, ROBERT E 102221
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: 32.685253 / -103.14034
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7632
Ownership Info
314 W Palace Ave has no associated ownership info
314 W Palace Ave has no associated ownership info.
Taxes
314 W Palace Ave has 10 associated Taxes items
314 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 $8,472. The APN we've located for 314 W Palace Ave is 4 000 018 910 001.
Unlock the full reportTax History
314 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 $8,472 | Land Value $1,800 | Improvement Value $6,672 | Tax Amount $228.64 | Change Rate -0.012525% | Assessed CR | Tax Rate +0.026988% |
| Year 2024 | Assessed Value $8,472 | Land Value $1,800 | Improvement Value $6,672 | Tax Amount $231.54 | Change Rate -0.013464% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $8,472 | Land Value $1,800 | Improvement Value $6,672 | Tax Amount $234.7 | Change Rate +0.01286% | Assessed CR | Tax Rate +0.027703% |
| Year 2022 | Assessed Value $8,472 | Land Value $1,800 | Improvement Value $6,672 | Tax Amount $231.72 | Change Rate -0.355259% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $13,174 | Land Value $770 | Improvement Value $12,404 | Tax Amount $359.4 | Change Rate +0.04571% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $12,791 | Land Value $748 | Improvement Value $12,043 | Tax Amount $343.69 | Change Rate +0.047963% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $12,418 | Land Value $726 | Improvement Value $11,692 | Tax Amount $327.96 | Change Rate -0.110569% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $12,056 | Land Value $705 | Improvement Value $11,351 | Tax Amount $368.73 | Change Rate +0.030087% | Assessed CR | Tax Rate +0.030585% |
| Year 2017 | Assessed Value $35,112 | Land Value $2,052 | Improvement Value $33,060 | Tax Amount $357.96 | Change Rate | Assessed CR | Tax Rate +0.010195% |
| Year 2016 | Assessed Value $34,089 | Land Value $1,992 | Improvement Value $32,097 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $33,096 | Land Value $1,935 | Improvement Value $31,161 | Tax Amount $237.9 | Change Rate | Assessed CR | Tax Rate +0.007188% |
| Year 2014 | Assessed Value $32,130 | Land Value $1,878 | Improvement Value $30,252 | Tax Amount | Change Rate | Assessed CR | Tax Rate |