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321 W Palace Ave; Hobbs, NM Property Details

321 W Palace Ave, Hobbs, NM is a Single Family. This property is not for sale. The lot size of 321 W Palace Ave is 8,549 square feet.

Off market
321 W Palace Ave Hobbs, NM 88240
$14,932 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Est. Equity / %: $132,000 / 100%
  • APN: 4 000 076 120 001
  • Situs County: Lea

Measurements

  • Lot: 8,549/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 23 LOT 16 797-PILLEY, WILLAIM CLAYTON 52803-LUTTRELL, CECIL WAYNE
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: 32.68479 / -103.14092
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7631

Ownership Info

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

Taxes

321 W Palace Ave has 10 associated Taxes items

321 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 $14,932. The APN we've located for 321 W Palace Ave is 4 000 076 120 001.

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Taxes
  • Assessed Value:  $14,932
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 076 120 001
  • Assessed Land Value:  867
  • Market Land Value:  2601
  • Tax Amount:  349.03
  • Tax Year:  2025
  • Market Value:  44796
  • Market Year:  2025

Tax History

321 W Palace Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,932 Land Value $867 Improvement Value $14,065 Tax Amount $349.03 Change Rate +0.0219% Assessed CR Tax Rate +0.023375%
Year 2024 Assessed Value $14,497 Land Value $842 Improvement Value $13,655 Tax Amount $341.55 Change Rate +0.021076% Assessed CR Tax Rate +0.02356%
Year 2023 Assessed Value $14,074 Land Value $817 Improvement Value $13,257 Tax Amount $334.5 Change Rate +0.048524% Assessed CR Tax Rate +0.023767%
Year 2022 Assessed Value $14,074 Land Value $817 Improvement Value $13,257 Tax Amount $319.02 Change Rate +0.038004% Assessed CR Tax Rate +0.022667%
Year 2021 Assessed Value $13,266 Land Value $770 Improvement Value $12,496 Tax Amount $307.34 Change Rate +0.051274% Assessed CR Tax Rate +0.023167%
Year 2020 Assessed Value $12,880 Land Value $748 Improvement Value $12,132 Tax Amount $292.35 Change Rate +0.053779% Assessed CR Tax Rate +0.022698%
Year 2019 Assessed Value $12,505 Land Value $726 Improvement Value $11,779 Tax Amount $277.43 Change Rate -0.210231% Assessed CR Tax Rate +0.022186%
Year 2018 Assessed Value $12,141 Land Value $705 Improvement Value $11,436 Tax Amount $351.28 Change Rate +0.031811% Assessed CR Tax Rate +0.028933%
Year 2017 Assessed Value $35,361 Land Value $2,052 Improvement Value $33,309 Tax Amount $340.45 Change Rate Assessed CR Tax Rate +0.009628%
Year 2016 Assessed Value $34,332 Land Value $1,992 Improvement Value $32,340 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $33,333 Land Value $1,935 Improvement Value $31,398 Tax Amount $239.97 Change Rate Assessed CR Tax Rate +0.007199%
Year 2014 Assessed Value $32,361 Land Value $1,878 Improvement Value $30,483 Tax Amount Change Rate Assessed CR Tax Rate