Taxes
- Assessed Value: $17,610
- Assessed Year: 2025
- Assessed County: Lea
- APN: 4 000 119 570 001
- Assessed Land Value: 867
- Market Land Value: 2601
- Tax Amount: 151.41
- Tax Year: 2025
- Market Value: 52830
- Market Year: 2025
320 W Palace Ave; Hobbs, NM Property Details
Off market
320 W Palace Ave Hobbs, NM 88240
$17,610 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $126,000 / 100%
- APN: 4 000 119 570 001
- Situs County: Lea
Measurements
- Lot: 8,637/SqFt
Legal Description
- Description: SOUTHERN HTS ADD BLOCK 22 LOT 21
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: 32.685234 / -103.14094
- Subdivision: Southern Hts Add
- Property Class: Residential
Amenities
- Plus Four: 7632
Ownership Info
320 W Palace Ave has no associated ownership info
320 W Palace Ave has no associated ownership info.
Taxes
320 W Palace Ave has 10 associated Taxes items
320 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 $17,610. The APN we've located for 320 W Palace Ave is 4 000 119 570 001.
Unlock the full reportTax History
320 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 $17,610 | Land Value $867 | Improvement Value $16,743 | Tax Amount $151.41 | Change Rate -0.500742% | Assessed CR | Tax Rate +0.008598% |
| Year 2024 | Assessed Value $17,097 | Land Value $842 | Improvement Value $16,255 | Tax Amount $303.27 | Change Rate +0.03283% | Assessed CR | Tax Rate +0.017738% |
| Year 2023 | Assessed Value $16,599 | Land Value $817 | Improvement Value $15,782 | Tax Amount $293.63 | Change Rate +0.061339% | Assessed CR | Tax Rate +0.01769% |
| Year 2022 | Assessed Value $16,599 | Land Value $817 | Improvement Value $15,782 | Tax Amount $276.66 | Change Rate +0.05134% | Assessed CR | Tax Rate +0.016667% |
| Year 2021 | Assessed Value $15,646 | Land Value $770 | Improvement Value $14,876 | Tax Amount $263.15 | Change Rate +0.065557% | Assessed CR | Tax Rate +0.016819% |
| Year 2020 | Assessed Value $15,191 | Land Value $748 | Improvement Value $14,443 | Tax Amount $246.96 | Change Rate +0.068952% | Assessed CR | Tax Rate +0.016257% |
| Year 2019 | Assessed Value $14,748 | Land Value $726 | Improvement Value $14,022 | Tax Amount $231.03 | Change Rate -0.38657% | Assessed CR | Tax Rate +0.015665% |
| Year 2018 | Assessed Value $14,319 | Land Value $705 | Improvement Value $13,614 | Tax Amount $376.62 | Change Rate +0.03504% | Assessed CR | Tax Rate +0.026302% |
| Year 2017 | Assessed Value $41,703 | Land Value $2,052 | Improvement Value $39,651 | Tax Amount $363.87 | Change Rate | Assessed CR | Tax Rate +0.008725% |
| Year 2016 | Assessed Value $40,488 | Land Value $1,992 | Improvement Value $38,496 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $39,309 | Land Value $1,935 | Improvement Value $37,374 | Tax Amount $187.1 | Change Rate | Assessed CR | Tax Rate +0.00476% |
| Year 2014 | Assessed Value $38,163 | Land Value $1,878 | Improvement Value $36,285 | Tax Amount | Change Rate | Assessed CR | Tax Rate |