Taxes
- Assessed Value: $37,459
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 126 970 001
- Assessed Land Value: 4421
- Market Land Value: 13263
- Tax Amount: 1010.98
- Tax Year: 2025
- Market Value: 112377
- Market Year: 2025
315 W Palace Ave; Hobbs, NM Property Details
Off market
315 W Palace Ave Hobbs, NM 88240
$37,459 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1814
- Purchase Price: $151,600
- Open Loans / Balance: 1 / $105,041
- Est. Equity / %: $29,959 / 22.19%
- Inv. Liens: 1
- APN: 4 000 126 970 001
- Situs County: Lea
- Length Of Ownership: 6 years, 7 months
Measurements
- Lot: 8,083/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 23 LOT 13 PHOTO 012920 11718 SOTO, ABEL ETAL 112119 SOTO, JESUS ETUX
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: 32.684788 / -103.140335
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7631
Ownership Info
315 W Palace Ave has no associated ownership info
315 W Palace Ave has no associated ownership info.
Taxes
315 W Palace Ave has 10 associated Taxes items
315 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 $37,459. The APN we've located for 315 W Palace Ave is 4 000 126 970 001.
Unlock the full reportTax History
315 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 $37,459 | Land Value $4,421 | Improvement Value $33,038 | Tax Amount $1,010.98 | Change Rate +0.017144% | Assessed CR | Tax Rate +0.026989% |
| Year 2024 | Assessed Value $36,368 | Land Value $4,292 | Improvement Value $32,076 | Tax Amount $993.94 | Change Rate +0.01608% | Assessed CR | Tax Rate +0.02733% |
| Year 2023 | Assessed Value $35,309 | Land Value $4,167 | Improvement Value $31,142 | Tax Amount $978.21 | Change Rate +0.012912% | Assessed CR | Tax Rate +0.027704% |
| Year 2022 | Assessed Value $35,309 | Land Value $4,167 | Improvement Value $31,142 | Tax Amount $965.74 | Change Rate +0.002564% | Assessed CR | Tax Rate +0.027351% |
| Year 2021 | Assessed Value $35,309 | Land Value $4,167 | Improvement Value $31,142 | Tax Amount $963.27 | Change Rate +0.015294% | Assessed CR | Tax Rate +0.027281% |
| Year 2020 | Assessed Value $35,309 | Land Value $4,167 | Improvement Value $31,142 | Tax Amount $948.76 | Change Rate +0.924619% | Assessed CR | Tax Rate +0.02687% |
| Year 2019 | Assessed Value $18,666 | Land Value $1,333 | Improvement Value $17,333 | Tax Amount $492.96 | Change Rate -0.140151% | Assessed CR | Tax Rate +0.02641% |
| Year 2018 | Assessed Value $18,666 | Land Value $1,333 | Improvement Value $17,333 | Tax Amount $573.31 | Change Rate | Assessed CR | Tax Rate +0.030714% |
| Year 2017 | Assessed Value $55,998 | Land Value $3,999 | Improvement Value $51,999 | Tax Amount $573.31 | Change Rate | Assessed CR | Tax Rate +0.010238% |
| Year 2016 | Assessed Value $55,998 | Land Value $3,999 | Improvement Value $51,999 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $55,998 | Land Value $3,999 | Improvement Value $51,999 | Tax Amount $491.66 | Change Rate | Assessed CR | Tax Rate +0.00878% |
| Year 2014 | Assessed Value $55,998 | Land Value $3,999 | Improvement Value $51,999 | Tax Amount | Change Rate | Assessed CR | Tax Rate |