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319 W Palace Ave; Hobbs, NM Property Details

319 W Palace Ave, Hobbs, NM is a Single Family that was built in 1987. This property is currently Financed and is not for sale. The lot size of 319 W Palace Ave is 7,902 square feet.

Off market
319 W Palace Ave Hobbs, NM 88240
$34,659 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1987
  • Purchase Price: $114,400
  • Open Loans / Balance: 2 / $103,388
  • Est. Equity / %: $16,612 / 13.84%
  • Inv. Liens: 1
  • APN: 4 000 046 870 001
  • Situs County: Lea
  • Length Of Ownership: 6 years, 9 months

Measurements

  • Lot: 7,902/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 15 111912-BROCKMANN, LEWIS ETUX PHOTO 62223 31419 DEAN, MARCUS 83019 GODINEZ, CESAR
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: 32.68473 / -103.14074
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7631

Ownership Info

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

Taxes

319 W Palace Ave has 10 associated Taxes items

319 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 $34,659. The APN we've located for 319 W Palace Ave is 4 000 046 870 001.

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Taxes
  • Assessed Value:  $34,659
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 046 870 001
  • Assessed Land Value:  4066
  • Market Land Value:  12198
  • Tax Amount:  935.41
  • Tax Year:  2025
  • Market Value:  103977
  • Market Year:  2025

Tax History

319 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,659 Land Value $4,066 Improvement Value $30,593 Tax Amount $935.41 Change Rate +0.017148% Assessed CR Tax Rate +0.026989%
Year 2024 Assessed Value $33,650 Land Value $3,948 Improvement Value $29,702 Tax Amount $919.64 Change Rate +0.016076% Assessed CR Tax Rate +0.02733%
Year 2023 Assessed Value $32,670 Land Value $3,833 Improvement Value $28,837 Tax Amount $905.09 Change Rate +0.012903% Assessed CR Tax Rate +0.027704%
Year 2022 Assessed Value $32,670 Land Value $3,833 Improvement Value $28,837 Tax Amount $893.56 Change Rate +0.002569% Assessed CR Tax Rate +0.027351%
Year 2021 Assessed Value $32,670 Land Value $3,833 Improvement Value $28,837 Tax Amount $891.27 Change Rate +0.015299% Assessed CR Tax Rate +0.027281%
Year 2020 Assessed Value $32,670 Land Value $3,833 Improvement Value $28,837 Tax Amount $877.84 Change Rate +1.448442% Assessed CR Tax Rate +0.02687%
Year 2019 Assessed Value $13,576 Land Value $1,167 Improvement Value $12,409 Tax Amount $358.53 Change Rate -0.144218% Assessed CR Tax Rate +0.026409%
Year 2018 Assessed Value $13,576 Land Value $1,167 Improvement Value $12,409 Tax Amount $418.95 Change Rate Assessed CR Tax Rate +0.03086%
Year 2017 Assessed Value $40,728 Land Value $3,501 Improvement Value $37,227 Tax Amount $418.95 Change Rate Assessed CR Tax Rate +0.010287%
Year 2016 Assessed Value $40,728 Land Value $3,501 Improvement Value $37,227 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $40,728 Land Value $3,501 Improvement Value $37,227 Tax Amount $357.58 Change Rate Assessed CR Tax Rate +0.00878%
Year 2014 Assessed Value $40,728 Land Value $3,501 Improvement Value $37,227 Tax Amount Change Rate Assessed CR Tax Rate