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317 W Palace Ave; Hobbs, NM Property Details

317 W Palace Ave, Hobbs, NM is a Single Family that was built in 1988. This property is not for sale. The lot size of 317 W Palace Ave is 8,053 square feet.

Off market
317 W Palace Ave Hobbs, NM 88240
$36,560 Estimated Value
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Est. Equity / %: $127,000 / 100%
  • APN: 4 000 169 000 001
  • Situs County: Lea

Measurements

  • Lot: 8,053/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 14 1988- LICON, MARCOS 1990-FIRST INTERSTATE MTG 997-YOUNG, EDWARD 31208-HERNANDEZ, BENITO PHOT
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 / -103.14054
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7631

Ownership Info

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

Taxes

317 W Palace Ave has 10 associated Taxes items

317 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 $36,560. The APN we've located for 317 W Palace Ave is 4 000 169 000 001.

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Taxes
  • Assessed Value:  $36,560
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 169 000 001
  • Assessed Land Value:  2755
  • Market Land Value:  8265
  • Tax Amount:  932.73
  • Tax Year:  2025
  • Market Value:  109680
  • Market Year:  2025

Tax History

317 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,560 Land Value $2,755 Improvement Value $33,805 Tax Amount $932.73 Change Rate +0.01892% Assessed CR Tax Rate +0.025512%
Year 2024 Assessed Value $35,495 Land Value $2,675 Improvement Value $32,820 Tax Amount $915.41 Change Rate +0.017925% Assessed CR Tax Rate +0.02579%
Year 2023 Assessed Value $34,461 Land Value $2,597 Improvement Value $31,864 Tax Amount $899.29 Change Rate +0.045224% Assessed CR Tax Rate +0.026096%
Year 2022 Assessed Value $34,461 Land Value $2,597 Improvement Value $31,864 Tax Amount $860.38 Change Rate +0.034583% Assessed CR Tax Rate +0.024967%
Year 2021 Assessed Value $32,483 Land Value $2,448 Improvement Value $30,035 Tax Amount $831.62 Change Rate +0.047842% Assessed CR Tax Rate +0.025602%
Year 2020 Assessed Value $31,537 Land Value $2,377 Improvement Value $29,160 Tax Amount $793.65 Change Rate +0.050065% Assessed CR Tax Rate +0.025166%
Year 2019 Assessed Value $30,619 Land Value $2,308 Improvement Value $28,311 Tax Amount $755.81 Change Rate -0.154783% Assessed CR Tax Rate +0.024684%
Year 2018 Assessed Value $29,727 Land Value $2,241 Improvement Value $27,486 Tax Amount $894.22 Change Rate +0.030694% Assessed CR Tax Rate +0.030081%
Year 2017 Assessed Value $86,583 Land Value $6,528 Improvement Value $80,055 Tax Amount $867.59 Change Rate Assessed CR Tax Rate +0.01002%
Year 2016 Assessed Value $84,063 Land Value $6,339 Improvement Value $77,724 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $81,612 Land Value $6,153 Improvement Value $75,459 Tax Amount $716.57 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $79,233 Land Value $5,973 Improvement Value $73,260 Tax Amount Change Rate Assessed CR Tax Rate